Asa New Jersey
Asa New Jersey: Consistent Revenue, Fluctuating Expenses, and Limited Transparency
EIN: 221913148 · Neptune, NJ · Updated: 2026-04-04
About Asa New Jersey
Asa New Jersey (EIN: 221913148) is a nonprofit organization based in Neptune, NJ. The organization reported total revenue of $728K and total assets of $766K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asa New Jersey'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 Asa New Jersey with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Asa New Jersey allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no compensation reported for key employees in the available 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 Asa New Jersey's IRS 990 filings:
- Lack of detailed program spending breakdown within the provided financial data makes it difficult to assess program efficiency.
- The 'l' value (likely liabilities) shows significant fluctuation, from $0 in 2021 and 2022 to $1501 in 2017, warranting further investigation.
- The organization's net assets have shown a decline from $701,115 in 2020 to $678,622 in 2024, despite consistent revenue.
Strengths
The following positive indicators were identified for Asa New Jersey:
- Consistent revenue generation over the past several years, with revenue ranging from $565,880 to $727,846.
- The organization has maintained a positive asset balance, indicating financial stability.
- No reported executive compensation ('c0%') suggests resources are not being diverted to high salaries.
Frequently Asked Questions about Asa New Jersey
What does Asa New Jersey do?
Asa New Jersey is a nonprofit organization in the Unknown sector, located in Neptune, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Asa New Jersey have?
Asa New Jersey reported total revenue of $727,846. Based on 14 IRS 990 filings on record.
What are Asa New Jersey's total assets?
Asa New Jersey holds total assets of $766,436 as reported in IRS 990 filings.
Where is Asa New Jersey located?
Asa New Jersey is based in Neptune, New Jersey.
What is Asa New Jersey's EIN?
Asa New Jersey's Employer Identification Number (EIN) is 221913148. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Asa New Jersey?
Asa New Jersey is classified under NTEE code Unknown (Unknown).
Is Asa New Jersey a registered 501(c)(3)?
Asa New Jersey appears in IRS records (EIN: 221913148). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Asa New Jersey file IRS Form 990?
Yes, Asa New Jersey has 14 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Asa New Jersey's revenue in 2024?
In the 202404 filing period, Asa New Jersey reported total revenue of $642,481, total expenses of $541,367, and net assets of $678,622.
Is Asa New Jersey's revenue growing or declining?
Asa New Jersey's revenue is growing. Revenue went from $566,924 (202304) to $642,481 (202404), a +13.3% change. Based on 14 filings on record.
What is Asa New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Asa New Jersey covers tax period 202404. It shows revenue of $642,481, expenses of $541,367, total assets of $678,622, and liabilities of $718.
How much does Asa New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Asa New Jersey allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Asa New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Asa New Jersey shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Asa New Jersey?
The following concerns were identified: Lack of detailed program spending breakdown within the provided financial data makes it difficult to assess program efficiency.. The 'l' value (likely liabilities) shows significant fluctuation, from $0 in 2021 and 2022 to $1501 in 2017, warranting further investigation.. The organization's net assets have shown a decline from $701,115 in 2020 to $678,622 in 2024, despite consistent revenue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Asa New Jersey's strengths?
Positive indicators for Asa New Jersey include: Consistent revenue generation over the past several years, with revenue ranging from $565,880 to $727,846.. The organization has maintained a positive asset balance, indicating financial stability.. No reported executive compensation ('c0%') suggests resources are not being diverted to high salaries.. These findings are derived from AI analysis of the organization's financial filings.
How does Asa New Jersey compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely indicates no compensation reported for key employees in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and fluctuating expenses, what specific strategies does Asa New Jersey employ to manage its operational costs and ensure program delivery?
Without more detailed expense breakdowns beyond total expenditures, it's challenging to pinpoint specific cost management strategies. The data shows expenses sometimes exceeding revenue (e.g., 2019: r$627,127, x$740,740), suggesting reliance on prior year assets or other funding sources to cover shortfalls.
How does Asa New Jersey ensure its programs are impactful and aligned with its mission, given the absence of detailed program descriptions or impact reports in the provided data?
The provided data is purely financial. To assess program impact and mission alignment, one would need access to annual reports, program evaluations, or detailed descriptions of their activities and outcomes, which are not present here.
Filing History
IRS 990 filing history for Asa New Jersey showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Asa New Jersey's revenue has grown by 63.5%, moving from $393K to $642K. Total assets increased by 184.3% over the same period, from $239K to $679K. Total functional expenses rose by 32.6%, from $408K to $541K. In its most recent filing year (2024), Asa New Jersey reported a surplus of $101K, with revenue exceeding expenses. The organization holds $718 in liabilities against $679K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $678K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $642K | $541K | $679K | $718 | — | View 990 |
| 2023 | $567K | $559K | $577K | $323 | — | — |
| 2022 | $566K | $626K | $569K | $0 | — | View 990 |
| 2021 | $154K | $226K | $629K | $0 | — | — |
| 2020 | $617K | $417K | $701K | $1K | — | View 990 |
| 2019 | $627K | $741K | $500K | $364 | — | View 990 |
| 2018 | $709K | $557K | $615K | $1K | — | — |
| 2017 | $612K | $544K | $463K | $2K | — | View 990 |
| 2016 | $533K | $458K | $394K | $0 | — | View 990 |
| 2015 | $530K | $487K | $319K | $0 | — | View 990 |
| 2014 | $472K | $426K | $276K | $0 | — | View 990 |
| 2013 | $406K | $439K | $230K | $0 | — | View 990 |
| 2012 | $419K | $392K | $264K | $0 | — | View 990 |
| 2011 | $393K | $408K | $239K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $642K, expenses of $541K, and assets of $679K (revenue +13.3% year-over-year).
- 2023: Revenue of $567K, expenses of $559K, and assets of $577K (revenue +0.2% year-over-year).
- 2022: Revenue of $566K, expenses of $626K, and assets of $569K (revenue +267.0% year-over-year).
- 2021: Revenue of $154K, expenses of $226K, and assets of $629K (revenue -75.0% year-over-year).
- 2020: Revenue of $617K, expenses of $417K, and assets of $701K (revenue -1.6% year-over-year).
- 2019: Revenue of $627K, expenses of $741K, and assets of $500K (revenue -11.5% year-over-year).
- 2018: Revenue of $709K, expenses of $557K, and assets of $615K (revenue +15.9% year-over-year).
- 2017: Revenue of $612K, expenses of $544K, and assets of $463K (revenue +14.8% year-over-year).
- 2016: Revenue of $533K, expenses of $458K, and assets of $394K (revenue +0.6% year-over-year).
- 2015: Revenue of $530K, expenses of $487K, and assets of $319K (revenue +12.2% year-over-year).
- 2014: Revenue of $472K, expenses of $426K, and assets of $276K (revenue +16.2% year-over-year).
- 2013: Revenue of $406K, expenses of $439K, and assets of $230K (revenue -3.0% year-over-year).
- 2012: Revenue of $419K, expenses of $392K, and assets of $264K (revenue +6.5% year-over-year).
- 2011: Revenue of $393K, expenses of $408K, and assets of $239K.
Data Sources and Methodology
This transparency report for Asa New Jersey 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.