Quick charity verification for United Way Of Northern New Jersey Inc (EIN: 221487247)
Verdict: United Way Of Northern New Jersey Inc appears trustworthy
75/100Mission Score
$12.1MRevenue
$19.5MAssets
3Red Flags
3Strengths
Red Flags
Significant revenue volatility observed over the past five years, ranging from a high of $18,858,850 in 2021 to a low of $7,276,255 in 2019, which could impact program stability.
Executive compensation, particularly the CEO's $350,000 in 2023, is a notable percentage of the organization's revenue, especially in years with lower revenue figures.
While assets have grown, the organization reported a net loss in 2023 (expenses of $9,660,331 exceeding revenue of $8,793,562).
Strengths
Consistent growth in assets, from $4,227,806 in 2019 to $19,734,995 in 2023, indicating strong financial management and investment.
Maintains a healthy liquidity position, with current assets significantly exceeding current liabilities.
Demonstrates a commitment to programs, with a substantial portion of expenses allocated to programmatic activities.
Spending Breakdown
How United Way Of Northern New Jersey Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about United Way Of Northern New Jersey Inc
Is United Way Of Northern New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Way Of Northern New Jersey Inc (EIN: 221487247) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is United Way Of Northern New Jersey Inc a good charity to donate to?
United Way Of Northern New Jersey Inc has a Mission Score of 75/100. Revenue: $12.1M. Assets: $19.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Way Of Northern New Jersey Inc?
The Employer Identification Number (EIN) for United Way Of Northern New Jersey Inc is 221487247. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does United Way Of Northern New Jersey Inc spend its money?
United Way Of Northern New Jersey Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Way Of Northern New Jersey Inc's tax-exempt status?
You can verify United Way Of Northern New Jersey Inc's tax-exempt status using EIN 221487247 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
United Way Of Northern New Jersey Inc is a philanthropy, voluntarism & grantmaking nonprofit based in Cedar Knolls, New Jersey, with reported revenue of $12.1M and assets of $19.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation appears high relative to revenue, with the CEO's compensation reported at $350,000 in 2023, representing approximately 4% of the $8,793,562 in revenue for that year. Revenue has declined -26% across 13 filing periods.