Assumption College For Sisters
EIN: 521318258 · Mendham, NJ · NTEE: O30
| Metric | Value |
|---|---|
| Total Revenue | $914K |
| Total Expenses | $736K |
| Net Assets | $2.3M |
Is Assumption College For Sisters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Assumption College For Sisters
Assumption College For Sisters (EIN: 521318258) is a nonprofit organization based in Mendham, NJ, classified under NTEE code O30. The organization reported total revenue of $914K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Assumption College For Sisters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Assumption College For Sisters is a small nonprofit that has been operating for 41 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $940K |
| Total Expenses | $736K |
| Surplus / Deficit | +$204K |
| Total Assets | $2.3M |
| Total Liabilities | $10K |
| Net Assets | $2.3M |
| Operating Margin | 21.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 37.4 months |
Financial Health Grade: A
In 2024, Assumption College For Sisters reported a surplus of $204K with revenue exceeding expenses, holds 37.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 3 years of filings (2022–2024), Assumption College For Sisters's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.2% | +6.1% | +9.6% |
| 2023 | +12.0% | -0.8% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Assumption College For Sisters has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Assumption College For Sisters with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $204K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Assumption College For Sisters
Is Assumption College For Sisters a legitimate charity?
Assumption College For Sisters (EIN: 521318258) is a registered tax-exempt nonprofit based in New Jersey. It has 3 years of IRS 990 filings on record. Total revenue: $914K. No red flags identified. Financial health grade: A.
How does Assumption College For Sisters spend its money?
Assumption College For Sisters reported $914K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Assumption College For Sisters tax-deductible?
Assumption College For Sisters is registered as a tax-exempt nonprofit (EIN: 521318258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Assumption College For Sisters located?
Assumption College For Sisters is headquartered in Mendham, New Jersey and files with the IRS under EIN 521318258. It is classified under NTEE code O30.
How many years of IRS 990 filings does Assumption College For Sisters have?
Assumption College For Sisters has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $914K in total revenue.
Filing History
IRS 990 filing history for Assumption College For Sisters showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Assumption College For Sisters's revenue has grown by 19%, moving from $790K to $940K. Total assets increased by 20.6% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 5.3%, from $699K to $736K. In its most recent filing year (2024), Assumption College For Sisters reported a surplus of $204K, with revenue exceeding expenses. The organization holds $10K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $940K | $736K | $2.3M | $10K | — | — |
| 2023 | $885K | $694K | $2.1M | $13K | — | — |
| 2022 | $790K | $699K | $1.9M | $13K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $940K, expenses of $736K, and assets of $2.3M (revenue +6.2% year-over-year).
- 2023: Revenue of $885K, expenses of $694K, and assets of $2.1M (revenue +12.0% year-over-year).
- 2022: Revenue of $790K, expenses of $699K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Assumption College For Sisters:
Data Sources and Methodology
This transparency report for Assumption College For Sisters 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.