Atlantic City Jitneymens Association Inc
Atlantic City Jitneymens Association consistently operates near break-even with no reported officer compensation.
EIN: 210398392 · Egg Hbr Twp, NJ · NTEE: M03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Atlantic City Jitneymens Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic City Jitneymens Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic City Jitneymens Association Inc
Atlantic City Jitneymens Association Inc (EIN: 210398392) is a nonprofit organization based in Egg Hbr Twp, NJ, classified under NTEE code M03. The organization reported total revenue of $2.9M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic City Jitneymens Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic City Jitneymens Association Inc is a mid-size nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$18K |
| Total Assets | $3.5M |
| Total Liabilities | $308K |
| Net Assets | $3.2M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Atlantic City Jitneymens Association Inc reported a surplus of $18K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Atlantic City Jitneymens Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | +1.5% | -2.4% |
| 2022 | +11.5% | +10.0% | -4.5% |
| 2021 | -3.6% | +5.1% | -2.9% |
| 2020 | -20.0% | -20.8% | +0.9% |
| 2019 | +5.8% | +2.8% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlantic City Jitneymens Association 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Atlantic City Jitneymens Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is highly unusual for an organization of its size with revenues consistently in the multi-millions.
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 Atlantic City Jitneymens Association Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization with multi-million dollar revenues, which might obscure actual executive benefits or compensation structures.
Strengths
The following positive indicators were identified for Atlantic City Jitneymens Association Inc:
- Consistent near break-even operations, indicating efficient financial management.
- Strong asset-to-liability ratio, demonstrating financial stability.
- No reported officer compensation, suggesting a high dedication to mission or volunteer leadership.
- Consistent filing history over 14 periods, indicating good compliance and transparency.
Frequently Asked Questions about Atlantic City Jitneymens Association Inc
Is Atlantic City Jitneymens Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic City Jitneymens Association Inc (EIN: 210398392) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Atlantic City Jitneymens Association Inc spend its money?
Atlantic City Jitneymens Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic City Jitneymens Association Inc tax-deductible?
Atlantic City Jitneymens Association Inc is registered as a tax-exempt nonprofit (EIN: 210398392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Atlantic City Jitneymens Association Inc's spending goes to programs?
Atlantic City Jitneymens Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Atlantic City Jitneymens Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Atlantic City Jitneymens Association Inc is above average for NTEE category M03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Atlantic City Jitneymens Association Inc located?
Atlantic City Jitneymens Association Inc is headquartered in Egg Hbr Twp, New Jersey and files with the IRS under EIN 210398392. It is classified under NTEE code M03.
How many years of IRS 990 filings does Atlantic City Jitneymens Association Inc have?
Atlantic City Jitneymens Association Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.9M in total revenue.
Is Atlantic City Jitneymens Association Inc. a good charity?
Based on the available data, the organization appears to be financially stable with a strong asset-to-liability ratio and operates near break-even, indicating efficient use of funds. The lack of reported officer compensation is a notable positive for mission focus, though it warrants further inquiry for complete understanding.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses very close to its revenue. For example, in 2023, expenses were $2,873,571 against revenues of $2,891,469, showing a tight operational margin. This trend is consistent across most years, indicating careful financial management.
What is the trend in the organization's assets and liabilities?
The organization maintains a strong asset base, with assets of $3,497,577 in 2023, significantly higher than its liabilities of $308,050. While assets have slightly decreased from a peak of $5,005,036 in 2014, the organization consistently holds substantially more assets than liabilities, indicating financial health.
Filing History
IRS 990 filing history for Atlantic City Jitneymens Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Atlantic City Jitneymens Association Inc's revenue has declined by 6.8%, moving from $3.1M to $2.9M. Total assets increased by 93.2% over the same period, from $1.8M to $3.5M. Total functional expenses fell by 31%, from $4.2M to $2.9M. In its most recent filing year (2023), Atlantic City Jitneymens Association Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $308K in liabilities against $3.5M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.9M | $3.5M | $308K | — | — |
| 2022 | $2.7M | $2.8M | $3.6M | $411K | — | View 990 |
| 2021 | $2.4M | $2.6M | $3.8M | $421K | — | View 990 |
| 2020 | $2.5M | $2.4M | $3.9M | $356K | — | View 990 |
| 2019 | $3.1M | $3.1M | $3.8M | $362K | — | View 990 |
| 2018 | $2.9M | $3.0M | $4.0M | $517K | — | View 990 |
| 2017 | $3.3M | $3.7M | $3.8M | $340K | — | — |
| 2016 | $4.1M | $4.0M | $4.8M | $955K | — | View 990 |
| 2015 | $3.9M | $4.3M | $4.6M | $922K | — | View 990 |
| 2014 | $3.8M | $3.7M | $5.0M | $944K | — | View 990 |
| 2013 | $3.8M | $4.1M | $5.0M | $988K | — | View 990 |
| 2012 | $4.5M | $3.4M | $5.4M | $1.2M | — | View 990 |
| 2011 | $5.5M | $2.6M | $4.3M | $1.2M | — | View 990 |
| 2010 | $3.1M | $4.2M | $1.8M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.9M, and assets of $3.5M (revenue +8.2% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.8M, and assets of $3.6M (revenue +11.5% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.6M, and assets of $3.8M (revenue -3.6% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.4M, and assets of $3.9M (revenue -20.0% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.1M, and assets of $3.8M (revenue +5.8% year-over-year).
- 2018: Revenue of $2.9M, expenses of $3.0M, and assets of $4.0M (revenue -12.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.7M, and assets of $3.8M (revenue -18.5% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.0M, and assets of $4.8M (revenue +4.6% year-over-year).
- 2015: Revenue of $3.9M, expenses of $4.3M, and assets of $4.6M (revenue +4.2% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.7M, and assets of $5.0M (revenue -1.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $4.1M, and assets of $5.0M (revenue -15.9% year-over-year).
- 2012: Revenue of $4.5M, expenses of $3.4M, and assets of $5.4M (revenue -17.7% year-over-year).
- 2011: Revenue of $5.5M, expenses of $2.6M, and assets of $4.3M (revenue +77.9% year-over-year).
- 2010: Revenue of $3.1M, expenses of $4.2M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic City Jitneymens Association Inc:
Data Sources and Methodology
This transparency report for Atlantic City Jitneymens Association 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.