Baptist Home Of South Jersey

Baptist Home Of South Jersey experiences drastic 97% revenue decline in 2023, raising financial viability concerns.

EIN: 210663921 · Moorestown, NJ · NTEE: L22 · Updated: 2026-03-28

$202KRevenue

$4.2MAssets

45/100Mission Score (Fair)

L22

About Baptist Home Of South Jersey

Baptist Home Of South Jersey (EIN: 210663921) is a nonprofit organization based in Moorestown, NJ, classified under NTEE code L22. The organization reported total revenue of $202K and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baptist Home Of South Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Baptist Home Of South Jersey exhibits a concerning trend in its financial health, particularly in its most recent filing. After years of operating with revenues consistently in the $7-8 million range, the organization's revenue plummeted to $193,430 in 2023, while expenses remained significant at $305,000, resulting in a substantial deficit. This marks a drastic change from previous years, such as 2022, where revenue was $7,572,417 and expenses were $3,818,917, indicating a healthy surplus. The organization's assets have also seen a decline from a peak of $6,356,556 in 2016 to $4,692,612 in 2023, though they remain substantial relative to the current revenue. The sudden and dramatic drop in revenue in 2023 raises significant questions about the organization's operational status and future viability.

Spending efficiency is difficult to assess accurately with the provided data, as a detailed breakdown of program, administrative, and fundraising expenses is not available. However, the overall financial picture for 2023, with expenses exceeding revenue by over $110,000 on a much smaller operational scale, suggests a potential inefficiency or a significant operational shift. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing executive overhead, which is a positive sign for transparency and resource allocation. However, the lack of detailed expense categories in the summary data limits a full assessment of spending efficiency. The organization's consistent filing of IRS Form 990s demonstrates a basic level of transparency regarding its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Baptist Home Of South Jersey with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Baptist Home Of South Jersey allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its historical size and asset base.

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 Baptist Home Of South Jersey's IRS 990 filings:

Dramatic 97% revenue decline from $7.5M in 2022 to $193K in 2023.
Significant operating deficit in 2023 ($193,430 revenue vs. $305,000 expenses).
Unexplained sudden shift in operational scale and financial activity.
Declining asset base from $6.3M in 2016 to $4.6M in 2023.

Strengths

The following positive indicators were identified for Baptist Home Of South Jersey:

Consistent reporting of 0% officer compensation, indicating no executive salaries.
History of consistent IRS 990 filings demonstrating basic transparency.
Maintained substantial assets ($4.6M in 2023) despite recent revenue decline.

Frequently Asked Questions about Baptist Home Of South Jersey

What caused the dramatic decrease in revenue from over $7 million in 2022 to $193,430 in 2023?

The provided data does not specify the reason for this sudden and significant drop in revenue. It could indicate a major operational change, such as the sale of assets, a shift in services, or a significant loss of funding sources.

Is Baptist Home Of South Jersey still actively operating at its historical capacity?

The 2023 revenue of $193,430 and expenses of $305,000 are significantly lower than previous years' figures, suggesting a substantial reduction in operational scale or a complete cessation of previous activities.

How does the organization plan to address the deficit of over $110,000 incurred in 2023?

The filings do not provide details on how the organization plans to cover the deficit from its 2023 operations, where expenses ($305,000) exceeded revenue ($193,430).

What is the current primary source of revenue for the organization?

Given the drastic change in revenue, the previous primary sources of income may no longer be applicable. The filings do not specify the current main revenue streams.

Filing History

IRS 990 filing history for Baptist Home Of South Jersey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Baptist Home Of South Jersey's revenue has declined by 97.6%, moving from $8.1M to $193K. Total assets decreased by 17.2% over the same period, from $5.7M to $4.7M. Total functional expenses fell by 96.2%, from $8.0M to $305K. In its most recent filing year (2023), Baptist Home Of South Jersey reported a deficit of $112K, with expenses exceeding revenue. The organization holds $102K in liabilities against $4.7M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $4.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$193K	$305K	$4.7M	$102K	—	View 990
2022	$7.6M	$3.8M	$5.2M	$535K	—	View 990
2021	$8.5M	$8.0M	$5.5M	$2.9M	—	View 990
2020	$7.5M	$8.5M	$5.5M	$3.5M	—	View 990
2019	$8.3M	$8.3M	$5.4M	$2.5M	—	View 990
2018	$8.4M	$8.4M	$5.3M	$2.8M	—	View 990
2017	$8.4M	$8.5M	$5.7M	$2.9M	—	View 990
2016	$8.1M	$8.1M	$6.4M	$3.7M	—	View 990
2015	$8.0M	$8.3M	$6.0M	$3.4M	—	View 990
2014	$8.0M	$7.7M	$6.0M	$2.9M	—	View 990
2013	$7.8M	$7.8M	$5.8M	$3.0M	—	View 990
2012	$7.8M	$8.1M	$5.4M	$2.8M	—	View 990
2011	$8.1M	$8.0M	$5.7M	$2.9M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $193K, expenses of $305K, and assets of $4.7M (revenue -97.4% year-over-year).
2022: Revenue of $7.6M, expenses of $3.8M, and assets of $5.2M (revenue -11.1% year-over-year).
2021: Revenue of $8.5M, expenses of $8.0M, and assets of $5.5M (revenue +13.4% year-over-year).
2020: Revenue of $7.5M, expenses of $8.5M, and assets of $5.5M (revenue -10.0% year-over-year).
2019: Revenue of $8.3M, expenses of $8.3M, and assets of $5.4M (revenue -0.5% year-over-year).
2018: Revenue of $8.4M, expenses of $8.4M, and assets of $5.3M (revenue -0.2% year-over-year).
2017: Revenue of $8.4M, expenses of $8.5M, and assets of $5.7M (revenue +3.5% year-over-year).
2016: Revenue of $8.1M, expenses of $8.1M, and assets of $6.4M (revenue +1.5% year-over-year).
2015: Revenue of $8.0M, expenses of $8.3M, and assets of $6.0M (revenue +0.2% year-over-year).
2014: Revenue of $8.0M, expenses of $7.7M, and assets of $6.0M (revenue +1.8% year-over-year).
2013: Revenue of $7.8M, expenses of $7.8M, and assets of $5.8M (revenue +0.0% year-over-year).
2012: Revenue of $7.8M, expenses of $8.1M, and assets of $5.4M (revenue -3.8% year-over-year).
2011: Revenue of $8.1M, expenses of $8.0M, and assets of $5.7M.

Data Sources and Methodology

This transparency report for Baptist Home Of South Jersey 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.