Bergen Realty Holding Group Inc
Bergen Realty Holding Group Inc. consistently operates at a deficit, relying on stable assets to cover expenses.
EIN: 200818173 · Jersey City, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $221K |
| Program Spending | 70% |
| Net Assets | $2.2M |
| Transparency Score | 55/100 |
Is Bergen Realty Holding Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bergen Realty Holding Group Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bergen Realty Holding Group Inc
Bergen Realty Holding Group Inc (EIN: 200818173) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $173K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bergen Realty Holding Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bergen Realty Holding Group Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $195K |
| Total Expenses | $221K |
| Surplus / Deficit | $-26,654 |
| Total Assets | $2.6M |
| Total Liabilities | $410K |
| Net Assets | $2.2M |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 15.9% |
| Months of Reserves | 139.8 months |
Financial Health Grade: B
In 2023, Bergen Realty Holding Group Inc reported a deficit of $27K with expenses exceeding revenue, holds 139.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bergen Realty Holding Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +50.7% | -0.3% |
| 2022 | +62.2% | +39.7% | -0.2% |
| 2021 | -20.6% | -12.0% | +0.5% |
| 2020 | -27.4% | -26.3% | -0.4% |
| 2019 | -26.0% | -25.4% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Bergen Realty Holding Group Inc with a Mission Score of 55 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, Bergen Realty Holding Group Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.9%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is a positive sign for minimizing administrative overhead related to executive pay.
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 Bergen Realty Holding Group Inc's IRS 990 filings:
- Consistent operational deficits (expenses frequently exceed revenue, e.g., $221,256 expenses vs. $194,602 revenue in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency assessment.
- Slight increase in liabilities over time, from $359,654 in 2014 to $409,654 in 2023.
Strengths
The following positive indicators were identified for Bergen Realty Holding Group Inc:
- Stable asset base (consistently around $2.5 million over the past decade).
- No reported officer compensation, indicating low executive overhead.
- Long filing history (13 filings), suggesting consistent compliance with IRS reporting.
Frequently Asked Questions about Bergen Realty Holding Group Inc
Is Bergen Realty Holding Group Inc a legitimate charity?
Bergen Realty Holding Group Inc (EIN: 200818173) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $173K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bergen Realty Holding Group Inc spend its money?
Bergen Realty Holding Group Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Bergen Realty Holding Group Inc tax-deductible?
Bergen Realty Holding Group Inc is registered as a tax-exempt nonprofit (EIN: 200818173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bergen Realty Holding Group Inc's spending goes to programs?
Bergen Realty Holding Group Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Bergen Realty Holding Group Inc located?
Bergen Realty Holding Group Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 200818173.
How many years of IRS 990 filings does Bergen Realty Holding Group Inc have?
Bergen Realty Holding Group Inc 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 $173K in total revenue.
How does Bergen Realty Holding Group Inc. cover its consistent operational deficits?
The organization consistently reports expenses exceeding revenue (e.g., $221,256 expenses vs. $194,602 revenue in 2023). This suggests it either draws from its stable asset base ($2,578,090 in 2023) or has other undisclosed funding mechanisms to cover the shortfall.
What are the primary programs or activities of Bergen Realty Holding Group Inc.?
The provided data does not specify the NTEE Code or detailed program descriptions, making it impossible to determine the organization's primary programs or activities from this information alone.
What is the long-term financial strategy for Bergen Realty Holding Group Inc. given its operational deficits?
The consistent operational deficits (e.g., $26,654 in 2023, $5,936 in 2022) suggest a need for a clear financial strategy to either increase revenue, reduce expenses, or justify the use of existing assets to maintain operations. Without further information, the long-term sustainability is a concern.
Filing History
IRS 990 filing history for Bergen Realty Holding Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bergen Realty Holding Group Inc's revenue has declined by 27.5%, moving from $268K to $195K. Total assets decreased by 1.4% over the same period, from $2.6M to $2.6M. Total functional expenses fell by 17.3%, from $267K to $221K. In its most recent filing year (2023), Bergen Realty Holding Group Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $410K in liabilities against $2.6M in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $195K | $221K | $2.6M | $410K | — | — |
| 2022 | $141K | $147K | $2.6M | $390K | — | — |
| 2021 | $87K | $105K | $2.6M | $390K | — | View 990 |
| 2020 | $109K | $119K | $2.6M | $360K | — | View 990 |
| 2019 | $151K | $162K | $2.6M | $360K | — | View 990 |
| 2018 | $204K | $217K | $2.6M | $360K | — | View 990 |
| 2017 | $199K | $205K | $2.6M | $360K | — | View 990 |
| 2016 | $212K | $219K | $2.6M | $360K | — | View 990 |
| 2015 | $168K | $150K | $2.6M | $360K | — | View 990 |
| 2014 | $214K | $225K | $2.6M | $360K | — | View 990 |
| 2013 | $190K | $185K | $2.6M | $360K | — | View 990 |
| 2012 | $168K | $165K | $2.6M | $360K | — | View 990 |
| 2011 | $268K | $267K | $2.6M | $363K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $195K, expenses of $221K, and assets of $2.6M (revenue +38.1% year-over-year).
- 2022: Revenue of $141K, expenses of $147K, and assets of $2.6M (revenue +62.2% year-over-year).
- 2021: Revenue of $87K, expenses of $105K, and assets of $2.6M (revenue -20.6% year-over-year).
- 2020: Revenue of $109K, expenses of $119K, and assets of $2.6M (revenue -27.4% year-over-year).
- 2019: Revenue of $151K, expenses of $162K, and assets of $2.6M (revenue -26.0% year-over-year).
- 2018: Revenue of $204K, expenses of $217K, and assets of $2.6M (revenue +2.4% year-over-year).
- 2017: Revenue of $199K, expenses of $205K, and assets of $2.6M (revenue -5.9% year-over-year).
- 2016: Revenue of $212K, expenses of $219K, and assets of $2.6M (revenue +25.8% year-over-year).
- 2015: Revenue of $168K, expenses of $150K, and assets of $2.6M (revenue -21.6% year-over-year).
- 2014: Revenue of $214K, expenses of $225K, and assets of $2.6M (revenue +12.8% year-over-year).
- 2013: Revenue of $190K, expenses of $185K, and assets of $2.6M (revenue +13.1% year-over-year).
- 2012: Revenue of $168K, expenses of $165K, and assets of $2.6M (revenue -37.4% year-over-year).
- 2011: Revenue of $268K, expenses of $267K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bergen Realty Holding Group Inc:
Data Sources and Methodology
This transparency report for Bergen Realty Holding Group 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.