Atlantic Health System Inc
Atlantic Health System: Strong Financials, Room for Transparency
EIN: 221487373 · Basking Ridge, NJ · Updated: 2026-04-04
Is Atlantic Health System Inc 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 Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Health System Inc
Atlantic Health System Inc (EIN: 221487373) is a nonprofit organization based in Basking Ridge, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Health System 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 Atlantic Health System 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Atlantic Health System Inc 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 cannot be assessed without specific compensation figures from the 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 Atlantic Health System Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data.
- Absence of executive compensation figures for analysis.
Strengths
The following positive indicators were identified for Atlantic Health System Inc:
- Consistent revenue generation over multiple years.
- Positive asset growth in several periods.
- Significant operational scale as indicated by revenue figures.
Frequently Asked Questions about Atlantic Health System Inc
Is Atlantic Health System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Health System Inc (EIN: 221487373) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Atlantic Health System Inc spend its money?
Atlantic Health System Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Health System Inc tax-deductible?
Atlantic Health System Inc is registered as a tax-exempt nonprofit (EIN: 221487373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Atlantic Health System Inc do?
Atlantic Health System Inc is a nonprofit organization in the Unknown sector, located in Basking Ridge, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Atlantic Health System Inc have?
Atlantic Health System Inc reported total revenue of N/A. Based on 9 IRS 990 filings on record.
What are Atlantic Health System Inc's total assets?
Atlantic Health System Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Atlantic Health System Inc located?
Atlantic Health System Inc is based in Basking Ridge, New Jersey.
What is Atlantic Health System Inc's EIN?
Atlantic Health System Inc's Employer Identification Number (EIN) is 221487373. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Atlantic Health System Inc?
Atlantic Health System Inc is classified under NTEE code Unknown (Unknown).
Is Atlantic Health System Inc a registered 501(c)(3)?
Atlantic Health System Inc appears in IRS records (EIN: 221487373). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Atlantic Health System Inc file IRS Form 990?
Yes, Atlantic Health System Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Atlantic Health System Inc's revenue in 2019?
In the 201912 filing period, Atlantic Health System Inc reported total revenue of $8,914,840, total expenses of $10,172,916, and net assets of $1,331,725.
Is Atlantic Health System Inc's revenue growing or declining?
Atlantic Health System Inc's revenue is relatively stable. Revenue went from $9,065,447 (201812) to $8,914,840 (201912), a -1.7% change. Based on 9 filings on record.
What is Atlantic Health System Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Atlantic Health System Inc covers tax period 201912. It shows revenue of $8,914,840, expenses of $10,172,916, total assets of $1,331,725, and liabilities of $1,746,482.
How much does Atlantic Health System Inc spend on programs vs administration?
Based on IRS 990 analysis, Atlantic Health System Inc 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 Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Atlantic Health System Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Atlantic Health System Inc?
The following concerns were identified: Lack of detailed program spending breakdown in provided data.. Absence of executive compensation figures for analysis.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Atlantic Health System Inc's strengths?
Positive indicators for Atlantic Health System Inc include: Consistent revenue generation over multiple years.. Positive asset growth in several periods.. Significant operational scale as indicated by revenue figures.. These findings are derived from AI analysis of the organization's financial filings.
How does Atlantic Health System Inc compensate executives?
Executive compensation cannot be assessed without specific compensation figures from the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Atlantic Health System Inc?
• Detailed program spending is not readily available in the provided data, making a precise breakdown challenging. • Executive compensation details are not included in the provided financial snippets. • The organization's overall transparency regarding specific operational metrics beyond high-level financials is unclear. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent high revenue, what are the primary drivers of the fluctuations in 'other expenses' (x) across the years?
The 'other expenses' (x) show variability, for example, decreasing from $9,761,885 in 2018 to $9,071,551 in 2017, and then increasing to $9,112,387 in 2016. Understanding the components of these expenses would provide insight into operational efficiency and strategic spending.
How does the organization manage its liabilities (l) in relation to its assets (a), especially given the significant increase in liabilities from $1,016,713 in 2018 to $1,746,482 in 2019?
The substantial increase in liabilities in 2019 warrants further investigation into its nature (e.g., long-term debt, new capital projects) and how it aligns with asset growth and overall financial strategy to ensure long-term stability.
Filing History
IRS 990 filing history for Atlantic Health System Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Atlantic Health System Inc's revenue has grown by 23.3%, moving from $7.2M to $8.9M. Total assets increased by 17.2% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 39.6%, from $7.3M to $10.2M. In its most recent filing year (2019), Atlantic Health System Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $1.3M in assets (debt-to-asset ratio: 131.1%), resulting in net assets of $-414,757.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $8.9M | $10.2M | $1.3M | $1.7M | — | View 990 |
| 2018 | $9.1M | $9.8M | $1.9M | $1.0M | — | View 990 |
| 2017 | $9.3M | $9.1M | $1.8M | $931K | — | — |
| 2016 | $10.1M | $9.1M | $2.5M | $1.3M | — | View 990 |
| 2015 | $9.5M | $8.9M | $2.3M | $2.0M | — | View 990 |
| 2014 | $8.7M | $8.8M | $1.8M | $2.3M | — | View 990 |
| 2013 | $8.3M | $8.1M | $1.7M | $2.0M | — | View 990 |
| 2012 | $7.9M | $7.8M | $1.7M | $2.2M | — | View 990 |
| 2011 | $7.2M | $7.3M | $1.1M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $8.9M, expenses of $10.2M, and assets of $1.3M (revenue -1.7% year-over-year).
- 2018: Revenue of $9.1M, expenses of $9.8M, and assets of $1.9M (revenue -2.0% year-over-year).
- 2017: Revenue of $9.3M, expenses of $9.1M, and assets of $1.8M (revenue -8.1% year-over-year).
- 2016: Revenue of $10.1M, expenses of $9.1M, and assets of $2.5M (revenue +5.7% year-over-year).
- 2015: Revenue of $9.5M, expenses of $8.9M, and assets of $2.3M (revenue +9.9% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.8M, and assets of $1.8M (revenue +4.7% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.1M, and assets of $1.7M (revenue +4.2% year-over-year).
- 2012: Revenue of $7.9M, expenses of $7.8M, and assets of $1.7M (revenue +9.9% year-over-year).
- 2011: Revenue of $7.2M, expenses of $7.3M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Atlantic Health System 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.