Bancroft A New Jersey Nonprofit Corporation
Bancroft shows consistent revenue and asset growth with operational surpluses over the last decade.
EIN: 210672770 · Cherry Hill, NJ · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $271.3M |
| Total Expenses | $235.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $236M |
| Net Assets | $50.3M |
| Transparency Score | 85/100 |
Is Bancroft A New Jersey Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bancroft A New Jersey Nonprofit Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bancroft A New Jersey Nonprofit Corporation
Bancroft A New Jersey Nonprofit Corporation (EIN: 210672770) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code P20. The organization reported total revenue of $271.3M and total assets of $241.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bancroft A New Jersey Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bancroft A New Jersey Nonprofit Corporation is a major nonprofit that has been operating for 97 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236.9M |
| Total Expenses | $235.7M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $244.5M |
| Total Liabilities | $194.2M |
| Net Assets | $50.3M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 79.4% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Bancroft A New Jersey Nonprofit Corporation reported a surplus of $1.2M with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 79.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bancroft A New Jersey Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +12.2% | +12.2% |
| 2022 | +8.0% | +6.7% | -2.4% |
| 2021 | +9.3% | +10.4% | +19.7% |
| 2020 | +16.0% | +13.0% | +1.2% |
| 2019 | +9.2% | +10.6% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1929 |
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 Bancroft A New Jersey Nonprofit Corporation 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, Bancroft A New Jersey Nonprofit Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 79.4%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which is unusual for an organization of this size ($236M+ revenue). This could indicate that executive compensation is either not reported under this specific line item, or that the organization relies on a volunteer leadership structure, which would be highly commendable for a nonprofit of this scale.
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 Bancroft A New Jersey Nonprofit Corporation's IRS 990 filings:
- Lack of detailed officer compensation reporting (0% for all periods is unusual for an organization of this size)
- Specific program, administrative, and fundraising expense ratios are not readily available in the summary data, limiting detailed efficiency analysis.
Strengths
The following positive indicators were identified for Bancroft A New Jersey Nonprofit Corporation:
- Consistent and significant revenue growth over the past decade, from $113M in 2014 to $236M in 2023.
- Healthy asset growth, increasing from $72M in 2014 to $244M in 2023, indicating strong financial stability.
- Operational surpluses in most years (e.g., $1.2M surplus in 2023), demonstrating sound financial management.
- Liabilities are well-managed relative to assets, with assets consistently exceeding liabilities.
Frequently Asked Questions about Bancroft A New Jersey Nonprofit Corporation
Is Bancroft A New Jersey Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bancroft A New Jersey Nonprofit Corporation (EIN: 210672770) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Bancroft A New Jersey Nonprofit Corporation spend its money?
Bancroft A New Jersey Nonprofit Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bancroft A New Jersey Nonprofit Corporation tax-deductible?
Bancroft A New Jersey Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 210672770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bancroft A New Jersey Nonprofit Corporation CEO make?
Bancroft A New Jersey Nonprofit Corporation's highest-compensated officer earns $236M annually. The organization reported $271.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bancroft A New Jersey Nonprofit Corporation's spending goes to programs?
Bancroft A New Jersey Nonprofit Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bancroft A New Jersey Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bancroft A New Jersey Nonprofit Corporation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bancroft A New Jersey Nonprofit Corporation located?
Bancroft A New Jersey Nonprofit Corporation is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 210672770. It is classified under NTEE code P20.
How many years of IRS 990 filings does Bancroft A New Jersey Nonprofit Corporation have?
Bancroft A New Jersey Nonprofit Corporation has 13 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 $271.3M in total revenue.
How does Bancroft manage to report 0% officer compensation given its size?
The consistent reporting of 0% for Officer Compensation across all filings for an organization with over $236 million in revenue is highly unusual. It suggests that executive compensation might be categorized differently in their IRS 990 filings, or that the organization operates with a volunteer executive leadership, which would be exceptional for its scale.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided summary data does not offer a detailed breakdown, the overall financial health, with revenues consistently exceeding expenses (e.g., $236,893,485 revenue vs. $235,696,520 expenses in 2023), suggests that a significant portion of funds is likely directed towards programs. A deeper dive into the full 990 forms would be needed for precise percentages.
What is the organization's primary NTEE code and how does it align with its spending?
The NTEE code P20 typically refers to organizations focused on 'Developmental Disabilities, Mental Retardation, Learning Disabilities.' Given the consistent growth in revenue and assets, it implies that the organization is effectively scaling its services to meet the needs within this mission area.
Filing History
IRS 990 filing history for Bancroft A New Jersey Nonprofit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bancroft A New Jersey Nonprofit Corporation's revenue has grown by 157.2%, moving from $92.1M to $236.9M. Total assets increased by 432.2% over the same period, from $45.9M to $244.5M. Total functional expenses rose by 158.2%, from $91.3M to $235.7M. In its most recent filing year (2023), Bancroft A New Jersey Nonprofit Corporation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $194.2M in liabilities against $244.5M in assets (debt-to-asset ratio: 79.4%), resulting in net assets of $50.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236.9M | $235.7M | $244.5M | $194.2M | — | — |
| 2022 | $214.7M | $210.1M | $218.0M | $169.7M | — | View 990 |
| 2021 | $198.8M | $197.0M | $223.4M | $174.5M | — | View 990 |
| 2020 | $181.9M | $178.4M | $186.6M | $136.6M | — | View 990 |
| 2019 | $156.8M | $157.8M | $184.5M | $137.2M | — | View 990 |
| 2018 | $143.5M | $142.7M | $180.0M | $164.8M | — | View 990 |
| 2017 | $137.9M | $140.2M | $188.9M | $173.2M | — | View 990 |
| 2016 | $141.0M | $132.8M | $98.1M | $80.5M | — | View 990 |
| 2015 | $127.5M | $121.6M | $84.4M | $74.9M | — | View 990 |
| 2014 | $113.4M | $111.6M | $72.6M | $66.3M | — | View 990 |
| 2013 | $103.5M | $100.8M | $65.4M | $61.6M | — | View 990 |
| 2012 | $97.0M | $95.0M | $59.8M | $58.6M | — | View 990 |
| 2011 | $92.1M | $91.3M | $45.9M | $46.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236.9M, expenses of $235.7M, and assets of $244.5M (revenue +10.3% year-over-year).
- 2022: Revenue of $214.7M, expenses of $210.1M, and assets of $218.0M (revenue +8.0% year-over-year).
- 2021: Revenue of $198.8M, expenses of $197.0M, and assets of $223.4M (revenue +9.3% year-over-year).
- 2020: Revenue of $181.9M, expenses of $178.4M, and assets of $186.6M (revenue +16.0% year-over-year).
- 2019: Revenue of $156.8M, expenses of $157.8M, and assets of $184.5M (revenue +9.2% year-over-year).
- 2018: Revenue of $143.5M, expenses of $142.7M, and assets of $180.0M (revenue +4.1% year-over-year).
- 2017: Revenue of $137.9M, expenses of $140.2M, and assets of $188.9M (revenue -2.2% year-over-year).
- 2016: Revenue of $141.0M, expenses of $132.8M, and assets of $98.1M (revenue +10.6% year-over-year).
- 2015: Revenue of $127.5M, expenses of $121.6M, and assets of $84.4M (revenue +12.5% year-over-year).
- 2014: Revenue of $113.4M, expenses of $111.6M, and assets of $72.6M (revenue +9.6% year-over-year).
- 2013: Revenue of $103.5M, expenses of $100.8M, and assets of $65.4M (revenue +6.7% year-over-year).
- 2012: Revenue of $97.0M, expenses of $95.0M, and assets of $59.8M (revenue +5.3% year-over-year).
- 2011: Revenue of $92.1M, expenses of $91.3M, and assets of $45.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bancroft A New Jersey Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Bancroft A New Jersey Nonprofit Corporation 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.