Adult Day Center Of Somerset County Inc
Adult Day Center of Somerset County: Stable Finances, Strong Program Focus
EIN: 222111573 · Bridgewater, NJ · NTEE: P700 · Updated: 2026-04-04
About Adult Day Center Of Somerset County Inc
Adult Day Center Of Somerset County Inc (EIN: 222111573) is a nonprofit organization based in Bridgewater, NJ, classified under NTEE code P700. The organization reported total revenue of $1.3M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adult Day Center Of Somerset County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adult Day Center Of Somerset County Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adult Day Center Of Somerset County Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with 'c0%' consistently noted for compensation to officers, directors, trustees, and key employees.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Adult Day Center Of Somerset County Inc:
- Consistent revenue generation over several years, with 2023 revenue at $1,059,950.
- Healthy asset base, with total assets reported at $3,140,043 in 2023.
- Low liability-to-asset ratio, indicating strong financial stability.
- Consistent program focus suggested by stable expenditure patterns relative to revenue.
Frequently Asked Questions about Adult Day Center Of Somerset County Inc
What does Adult Day Center Of Somerset County Inc do?
Adult Day Center Of Somerset County Inc is a nonprofit organization in the Human Services sector, located in Bridgewater, New Jersey. It is classified under NTEE code P700.
How much revenue does Adult Day Center Of Somerset County Inc have?
Adult Day Center Of Somerset County Inc reported total revenue of $1,330,269. Based on 13 IRS 990 filings on record.
What are Adult Day Center Of Somerset County Inc's total assets?
Adult Day Center Of Somerset County Inc holds total assets of $3,044,669 as reported in IRS 990 filings.
Where is Adult Day Center Of Somerset County Inc located?
Adult Day Center Of Somerset County Inc is based in Bridgewater, New Jersey.
What is Adult Day Center Of Somerset County Inc's EIN?
Adult Day Center Of Somerset County Inc's Employer Identification Number (EIN) is 222111573. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Adult Day Center Of Somerset County Inc?
Adult Day Center Of Somerset County Inc is classified under NTEE code P700 (Human Services).
Is Adult Day Center Of Somerset County Inc a registered 501(c)(3)?
Yes, Adult Day Center Of Somerset County Inc is recognized as a tax-exempt organization by the IRS. EIN: 222111573.
Does Adult Day Center Of Somerset County Inc file IRS Form 990?
Yes, Adult Day Center Of Somerset County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Adult Day Center Of Somerset County Inc's revenue in 2023?
In the 202312 filing period, Adult Day Center Of Somerset County Inc reported total revenue of $1,059,950, total expenses of $1,300,730, and net assets of $3,140,043.
Is Adult Day Center Of Somerset County Inc's revenue growing or declining?
Adult Day Center Of Somerset County Inc's revenue is declining. Revenue went from $1,284,483 (202212) to $1,059,950 (202312), a -17.5% change. Based on 13 filings on record.
What is Adult Day Center Of Somerset County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Adult Day Center Of Somerset County Inc covers tax period 202312. It shows revenue of $1,059,950, expenses of $1,300,730, total assets of $3,140,043, and liabilities of $2,811,625.
How much does Adult Day Center Of Somerset County Inc spend on programs vs administration?
Based on IRS 990 analysis, Adult Day Center Of Somerset County Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Adult Day Center Of Somerset County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Adult Day Center Of Somerset County Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Adult Day Center Of Somerset County Inc's strengths?
Positive indicators for Adult Day Center Of Somerset County Inc include: Consistent revenue generation over several years, with 2023 revenue at $1,059,950.. Healthy asset base, with total assets reported at $3,140,043 in 2023.. Low liability-to-asset ratio, indicating strong financial stability.. Consistent program focus suggested by stable expenditure patterns relative to revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does Adult Day Center Of Somerset County Inc compensate executives?
Executive compensation is not reported in the provided filings, with 'c0%' consistently noted for compensation to officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation, how does the organization manage its executive leadership and operational oversight?
The consistent reporting of 0% compensation suggests that leadership roles may be filled by volunteers, or compensation for key personnel is covered through a separate entity or mechanism not detailed in these specific filings, which warrants further investigation into their operational model.
Filing History
IRS 990 filing history for Adult Day Center Of Somerset County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adult Day Center Of Somerset County Inc's revenue has grown by 1%, moving from $1.0M to $1.1M. Total assets decreased by 19.5% over the same period, from $3.9M to $3.1M. Total functional expenses rose by 27.3%, from $1.0M to $1.3M. In its most recent filing year (2023), Adult Day Center Of Somerset County Inc reported a deficit of $241K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $3.1M in assets (debt-to-asset ratio: 89.5%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.3M | $3.1M | $2.8M | — | — |
| 2022 | $1.3M | $1.2M | $3.4M | $2.9M | — | View 990 |
| 2021 | $1.0M | $1.1M | $3.4M | $2.9M | — | View 990 |
| 2020 | $976K | $1.2M | $3.2M | $2.6M | — | View 990 |
| 2019 | $1.3M | $1.3M | $3.4M | $2.5M | — | View 990 |
| 2018 | $1.3M | $1.3M | $3.4M | $2.6M | — | View 990 |
| 2017 | $1.4M | $1.3M | $3.5M | $2.7M | — | View 990 |
| 2016 | $1.2M | $1.2M | $3.4M | $2.7M | — | View 990 |
| 2015 | $1.2M | $1.2M | $3.4M | $2.8M | — | View 990 |
| 2014 | $1.1M | $1.2M | $3.5M | $2.8M | — | View 990 |
| 2013 | $1.0M | $1.1M | $3.6M | $2.8M | — | View 990 |
| 2012 | $946K | $1.2M | $3.7M | $2.8M | — | View 990 |
| 2011 | $1.0M | $1.0M | $3.9M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.3M, and assets of $3.1M (revenue -17.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $3.4M (revenue +25.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.1M, and assets of $3.4M (revenue +4.7% year-over-year).
- 2020: Revenue of $976K, expenses of $1.2M, and assets of $3.2M (revenue -27.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $3.4M (revenue +4.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $3.4M (revenue -9.8% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $3.5M (revenue +16.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $3.4M (revenue +3.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $3.4M (revenue +10.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $3.5M (revenue +2.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $3.6M (revenue +10.8% year-over-year).
- 2012: Revenue of $946K, expenses of $1.2M, and assets of $3.7M (revenue -9.9% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $3.9M.
Data Sources and Methodology
This transparency report for Adult Day Center Of Somerset County Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.