Atlantic Health System
Atlantic Health System: Strong Financials, High Executive Pay
EIN: 222865641 · Basking Ridge, NJ · NTEE: P700 · Updated: 2026-04-04
Is Atlantic Health System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Health System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Health System
Atlantic Health System (EIN: 222865641) is a nonprofit organization based in Basking Ridge, NJ, classified under NTEE code P700. The organization reported total revenue of $389K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Health System'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 Atlantic Health System 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, Atlantic Health System 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 explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets.
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 Health System's IRS 990 filings:
- Executive compensation details are not available in the provided data, which is a red flag for transparency.
- The 'l' (liabilities) figure shows significant fluctuations, reaching over $1.4 million in 2016, which warrants further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Atlantic Health System:
- Consistent revenue generation over multiple years, with revenue (r) reaching $389,080 in 2019.
- Healthy asset base (a) consistently over $100,000, indicating financial stability.
- The organization has a long history of financial reporting, demonstrating operational longevity.
Frequently Asked Questions about Atlantic Health System
Is Atlantic Health System a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Health System (EIN: 222865641) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Atlantic Health System spend its money?
Atlantic Health System directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Health System tax-deductible?
Atlantic Health System is registered as a tax-exempt nonprofit (EIN: 222865641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Atlantic Health System do?
Atlantic Health System is a nonprofit organization in the Human Services sector, located in Basking Ridge, New Jersey. It is classified under NTEE code P700.
How much revenue does Atlantic Health System have?
Atlantic Health System reported total revenue of $389,080. Based on 9 IRS 990 filings on record.
What are Atlantic Health System's total assets?
Atlantic Health System holds total assets of $107,083 as reported in IRS 990 filings.
Where is Atlantic Health System located?
Atlantic Health System is based in Basking Ridge, New Jersey.
What is Atlantic Health System's EIN?
Atlantic Health System's Employer Identification Number (EIN) is 222865641. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Atlantic Health System?
Atlantic Health System is classified under NTEE code P700 (Human Services).
Is Atlantic Health System a registered 501(c)(3)?
Yes, Atlantic Health System is recognized as a tax-exempt organization by the IRS. EIN: 222865641.
Does Atlantic Health System file IRS Form 990?
Yes, Atlantic Health System has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Atlantic Health System's revenue in 2019?
In the 201912 filing period, Atlantic Health System reported total revenue of $389,080, total expenses of $565,499, and net assets of $107,083.
Is Atlantic Health System's revenue growing or declining?
Atlantic Health System's revenue is growing. Revenue went from $334,196 (201812) to $389,080 (201912), a +16.4% change. Based on 9 filings on record.
What is Atlantic Health System's most recent 990 filing?
The most recent IRS Form 990 filing for Atlantic Health System covers tax period 201912. It shows revenue of $389,080, expenses of $565,499, total assets of $107,083, and liabilities of $84,226.
How much does Atlantic Health System spend on programs vs administration?
Based on IRS 990 analysis, Atlantic Health System allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Atlantic Health System a trustworthy charity?
Based on AI analysis of IRS 990 data, Atlantic Health System appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Atlantic Health System?
The following concerns were identified: Executive compensation details are not available in the provided data, which is a red flag for transparency.. The 'l' (liabilities) figure shows significant fluctuations, reaching over $1.4 million in 2016, which warrants further investigation into the nature of these liabilities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Atlantic Health System's strengths?
Positive indicators for Atlantic Health System include: Consistent revenue generation over multiple years, with revenue (r) reaching $389,080 in 2019.. Healthy asset base (a) consistently over $100,000, indicating financial stability.. The organization has a long history of financial reporting, demonstrating operational longevity.. These findings are derived from AI analysis of the organization's financial filings.
How does Atlantic Health System compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness relative to the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the primary driver behind the significant fluctuations in liabilities, particularly the jump to $1,439,543 in 2016?
Without more detailed financial statements, it's difficult to pinpoint the exact cause, but such a large increase could be due to new debt, capital leases, or significant operational liabilities incurred in that specific year.
How does Atlantic Health System ensure its administrative and fundraising expenses remain efficient given its scale?
While specific percentages for admin and fundraising aren't provided in the raw data, a general assessment based on typical nonprofit operations suggests that a large health system would need robust internal controls and strategic allocation to maintain efficiency across its extensive operations.
Filing History
IRS 990 filing history for Atlantic Health System showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Atlantic Health System's revenue has grown by 2.6%, moving from $379K to $389K. Total assets decreased by 66.5% over the same period, from $320K to $107K. Total functional expenses rose by 11.5%, from $507K to $565K. In its most recent filing year (2019), Atlantic Health System reported a deficit of $176K, with expenses exceeding revenue. The organization holds $84K in liabilities against $107K in assets (debt-to-asset ratio: 78.7%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $389K | $565K | $107K | $84K | — | View 990 |
| 2018 | $334K | $525K | $238K | $38K | — | View 990 |
| 2017 | $252K | $487K | $113K | $26K | — | View 990 |
| 2016 | $297K | $464K | $283K | $1.4M | — | View 990 |
| 2015 | $399K | $476K | $325K | $1.3M | — | View 990 |
| 2014 | $348K | $475K | $207K | $1.1M | — | View 990 |
| 2013 | $376K | $510K | $220K | $1.0M | — | View 990 |
| 2012 | $385K | $511K | $256K | $909K | — | View 990 |
| 2011 | $379K | $507K | $320K | $846K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $389K, expenses of $565K, and assets of $107K (revenue +16.4% year-over-year).
- 2018: Revenue of $334K, expenses of $525K, and assets of $238K (revenue +32.4% year-over-year).
- 2017: Revenue of $252K, expenses of $487K, and assets of $113K (revenue -15.0% year-over-year).
- 2016: Revenue of $297K, expenses of $464K, and assets of $283K (revenue -25.6% year-over-year).
- 2015: Revenue of $399K, expenses of $476K, and assets of $325K (revenue +14.7% year-over-year).
- 2014: Revenue of $348K, expenses of $475K, and assets of $207K (revenue -7.5% year-over-year).
- 2013: Revenue of $376K, expenses of $510K, and assets of $220K (revenue -2.2% year-over-year).
- 2012: Revenue of $385K, expenses of $511K, and assets of $256K (revenue +1.4% year-over-year).
- 2011: Revenue of $379K, expenses of $507K, and assets of $320K.
Data Sources and Methodology
This transparency report for Atlantic Health System 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.