Alzheimers New Jersey Inc
Alzheimer's New Jersey: Strong Asset Base, Inconsistent Revenue
EIN: 222603592 · Roseland, NJ · NTEE: E70 · Updated: 2026-04-04
Is Alzheimers New Jersey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alzheimers New Jersey Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alzheimers New Jersey Inc
Alzheimers New Jersey Inc (EIN: 222603592) is a nonprofit organization based in Roseland, NJ, classified under NTEE code E70. The organization reported total revenue of $2.0M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alzheimers New Jersey 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 Alzheimers New Jersey Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Alzheimers New Jersey Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as specific figures for individual salaries are not included in the summary financial filings.
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.
Red Flags
The following concerns were identified during AI analysis of Alzheimers New Jersey Inc's IRS 990 filings:
- Revenue has fluctuated significantly over the past five years, from a high of $4,259,184 in 2021 to $2,140,258 in 2023, indicating potential instability in funding streams.
- Expenses have generally remained stable around $2 million annually, even as revenue has varied, which could lead to operational deficits in lower revenue years.
Strengths
The following positive indicators were identified for Alzheimers New Jersey Inc:
- Maintains a strong asset base, consistently above $8 million, reaching $10,799,371 in 2023, providing financial stability.
- Has consistently reported positive net assets (assets minus liabilities), indicating sound financial management over the long term.
- Low liability figures relative to assets, with liabilities at $312,863 in 2023, suggesting minimal debt burden.
Frequently Asked Questions about Alzheimers New Jersey Inc
Is Alzheimers New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alzheimers New Jersey Inc (EIN: 222603592) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Alzheimers New Jersey Inc spend its money?
Alzheimers New Jersey Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alzheimers New Jersey Inc tax-deductible?
Alzheimers New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 222603592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Alzheimers New Jersey Inc do?
Alzheimers New Jersey Inc is a nonprofit organization in the Health Care sector, located in Roseland, New Jersey. It is classified under NTEE code E70.
How much revenue does Alzheimers New Jersey Inc have?
Alzheimers New Jersey Inc reported total revenue of $1,958,505. Based on 12 IRS 990 filings on record.
What are Alzheimers New Jersey Inc's total assets?
Alzheimers New Jersey Inc holds total assets of $10,799,371 as reported in IRS 990 filings.
Where is Alzheimers New Jersey Inc located?
Alzheimers New Jersey Inc is based in Roseland, New Jersey.
What is Alzheimers New Jersey Inc's EIN?
Alzheimers New Jersey Inc's Employer Identification Number (EIN) is 222603592. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Alzheimers New Jersey Inc?
Alzheimers New Jersey Inc is classified under NTEE code E70 (Health Care).
Is Alzheimers New Jersey Inc a registered 501(c)(3)?
Yes, Alzheimers New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 222603592.
Does Alzheimers New Jersey Inc file IRS Form 990?
Yes, Alzheimers New Jersey Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Alzheimers New Jersey Inc's revenue in 2023?
In the 202306 filing period, Alzheimers New Jersey Inc reported total revenue of $2,140,258, total expenses of $2,077,365, and net assets of $9,976,546.
Is Alzheimers New Jersey Inc's revenue growing or declining?
Alzheimers New Jersey Inc's revenue is relatively stable. Revenue went from $2,195,607 (202206) to $2,140,258 (202306), a -2.5% change. Based on 12 filings on record.
What is Alzheimers New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Alzheimers New Jersey Inc covers tax period 202306. It shows revenue of $2,140,258, expenses of $2,077,365, total assets of $9,976,546, and liabilities of $312,863.
How much does Alzheimers New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Alzheimers New Jersey Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Alzheimers New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Alzheimers New Jersey Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Alzheimers New Jersey Inc?
The following concerns were identified: Revenue has fluctuated significantly over the past five years, from a high of $4,259,184 in 2021 to $2,140,258 in 2023, indicating potential instability in funding streams.. Expenses have generally remained stable around $2 million annually, even as revenue has varied, which could lead to operational deficits in lower revenue years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Alzheimers New Jersey Inc's strengths?
Positive indicators for Alzheimers New Jersey Inc include: Maintains a strong asset base, consistently above $8 million, reaching $10,799,371 in 2023, providing financial stability.. Has consistently reported positive net assets (assets minus liabilities), indicating sound financial management over the long term.. Low liability figures relative to assets, with liabilities at $312,863 in 2023, suggesting minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Alzheimers New Jersey Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as specific figures for individual salaries are not included in the summary financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant revenue fluctuations, what strategies are in place to ensure consistent program delivery and financial sustainability?
While the data shows revenue volatility, the consistent asset growth and low liabilities suggest the organization has reserves to buffer these fluctuations. However, without further detail, specific strategies for revenue stabilization are unclear.
How does the organization manage its expenses to remain relatively stable despite varying revenue, and what impact does this have on program scaling?
The stable expense base (around $2 million annually) suggests a fixed cost structure. This could mean programs are not easily scaled up or down with revenue changes, potentially limiting growth during high-revenue years or creating pressure during low-revenue years.
Filing History
IRS 990 filing history for Alzheimers New Jersey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Alzheimers New Jersey Inc's revenue has declined by 34.4%, moving from $3.3M to $2.1M. Total assets increased by 87.7% over the same period, from $5.3M to $10.0M. Total functional expenses fell by 24.2%, from $2.7M to $2.1M. In its most recent filing year (2023), Alzheimers New Jersey Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $313K in liabilities against $10.0M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $10.0M | $313K | — | View 990 |
| 2022 | $2.2M | $2.2M | $9.4M | $406K | — | View 990 |
| 2021 | $4.3M | $2.0M | $11.5M | $553K | — | View 990 |
| 2020 | $2.5M | $2.2M | $9.0M | $344K | — | View 990 |
| 2019 | $2.1M | $2.2M | $8.7M | $253K | — | View 990 |
| 2018 | $2.2M | $2.3M | $8.7M | $134K | — | View 990 |
| 2017 | $2.7M | $2.3M | $8.6M | $161K | — | View 990 |
| 2016 | $3.0M | $2.7M | $7.9M | $241K | — | View 990 |
| 2014 | $3.3M | $2.6M | $7.0M | $272K | — | View 990 |
| 2013 | $3.2M | $2.7M | $5.9M | $302K | — | View 990 |
| 2012 | $3.0M | $3.1M | $5.3M | $501K | — | View 990 |
| 2011 | $3.3M | $2.7M | $5.3M | $328K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $10.0M (revenue -2.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $9.4M (revenue -48.5% year-over-year).
- 2021: Revenue of $4.3M, expenses of $2.0M, and assets of $11.5M (revenue +67.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.2M, and assets of $9.0M (revenue +20.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $8.7M (revenue -5.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $8.7M (revenue -17.7% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.3M, and assets of $8.6M (revenue -9.3% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.7M, and assets of $7.9M (revenue -9.0% year-over-year).
- 2014: Revenue of $3.3M, expenses of $2.6M, and assets of $7.0M (revenue +3.9% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.7M, and assets of $5.9M (revenue +4.0% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.1M, and assets of $5.3M (revenue -6.6% year-over-year).
- 2011: Revenue of $3.3M, expenses of $2.7M, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Alzheimers New Jersey 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.