Is Village Apartments Of Cherry Hill Nj Inc Legit?
Quick charity verification for Village Apartments Of Cherry Hill Nj Inc (EIN: 222390872)
Verdict: Village Apartments Of Cherry Hill Nj Inc appears trustworthy
75/100Mission Score
$2.2MRevenue
$3.1MAssets
3Red Flags
3Strengths
Red Flags
Total assets have shown a consistent decline from $6,296,808 in 2016 to $3,133,326 in 2023, a decrease of approximately 50%.
Total liabilities have also decreased from $7,367,254 in 2016 to $5,964,025 in 2023, but still exceed assets, indicating potential long-term solvency concerns.
The organization consistently reports 0% compensation, which, while potentially positive, could also indicate a lack of detailed reporting on all forms of compensation or a fully volunteer-run structure that isn't explicitly stated.
Strengths
The organization maintains a remarkably consistent revenue stream, hovering around $1.9 million to $2.1 million annually over the past eight years.
Expenses have generally remained stable relative to revenue, suggesting consistent operational management.
The organization has consistently reported $0 in compensation for officers, directors, trustees, and key employees, which could indicate efficient use of funds if operations are sustained by volunteers or other non-compensated roles.
Spending Breakdown
How Village Apartments Of Cherry Hill Nj Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Village Apartments Of Cherry Hill Nj Inc
Is Village Apartments Of Cherry Hill Nj Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Apartments Of Cherry Hill Nj Inc (EIN: 222390872) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Village Apartments Of Cherry Hill Nj Inc a good charity to donate to?
Village Apartments Of Cherry Hill Nj Inc has a Mission Score of 75/100. Revenue: $2.2M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Village Apartments Of Cherry Hill Nj Inc?
The Employer Identification Number (EIN) for Village Apartments Of Cherry Hill Nj Inc is 222390872. 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 Village Apartments Of Cherry Hill Nj Inc spend its money?
Village Apartments Of Cherry Hill Nj Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Village Apartments Of Cherry Hill Nj Inc's tax-exempt status?
You can verify Village Apartments Of Cherry Hill Nj Inc's tax-exempt status using EIN 222390872 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
Village Apartments Of Cherry Hill Nj Inc is a housing & shelter nonprofit based in Camden, New Jersey, with reported revenue of $2.2M and assets of $3.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is consistently reported as $0 across all available filings, indicating either a volunteer-led organization or compensation is not reported in this section. Revenue has grown +21% across 13 filing periods.