Best Of Life Park Inc
Best Of Life Park Inc: Declining Revenue, High Liabilities, and Lack of Program Spending
EIN: 221814348 · Northfield, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $719K |
| Net Assets | $4.3M |
| Transparency Score | 20/100 |
Is Best Of Life Park Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Best Of Life Park Inc
Best Of Life Park Inc (EIN: 221814348) is a nonprofit organization based in Northfield, 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 Best Of Life Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Best Of Life Park Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $719K |
| Surplus / Deficit | +$3.5M |
| Total Assets | $4.5M |
| Total Liabilities | $237K |
| Net Assets | $4.3M |
| Operating Margin | 83.1% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 75.1 months |
Financial Health Grade: A
In 2017, Best Of Life Park Inc reported a surplus of $3.5M with revenue exceeding expenses, holds 75.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 6 years of filings (2012–2017), Best Of Life Park Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +215.5% | -54.4% | +87.6% |
| 2016 | +2.0% | +26.6% | -4.1% |
| 2015 | -1.5% | -3.1% | +2.5% |
| 2014 | -2.0% | -1.8% | +0.1% |
| 2013 | +3.4% | +4.8% | -0.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Best Of Life Park Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 100%
According to IRS 990 filings, Best Of Life Park Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 100%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no program or administrative expenses are reported, suggesting all revenue is consumed by fundraising or other non-programmatic activities.
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 Best Of Life Park Inc's IRS 990 filings:
- Zero program service expenses reported across all available filings, indicating no direct charitable activity.
- Revenue dropped from $4,257,341 in 2017 to $0 in all subsequent years, raising questions about current operations.
- Liabilities consistently exceed assets (e.g., $2,369,822 liabilities vs. $4,499,573 assets in 2017, but $1,719,154 liabilities vs. $2,397,930 assets in 2016), suggesting a precarious financial position.
- The organization's purpose or activities are unclear given the lack of reported program spending.
- No information on executive compensation or specific administrative costs is available due to the absence of detailed expense breakdowns.
Strengths
The following positive indicators were identified for Best Of Life Park Inc:
- None identified based on the provided financial data.
Frequently Asked Questions about Best Of Life Park Inc
Is Best Of Life Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Best Of Life Park Inc (EIN: 221814348) significant concerns. Mission Score: 20/100. 5 red flags identified, 1 strength noted.
How does Best Of Life Park Inc spend its money?
Detailed spending breakdown data is not yet available for Best Of Life Park Inc. Check back for updated IRS 990 analysis.
Are donations to Best Of Life Park Inc tax-deductible?
Best Of Life Park Inc is registered as a tax-exempt nonprofit (EIN: 221814348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Best Of Life Park Inc located?
Best Of Life Park Inc is headquartered in Northfield, New Jersey and files with the IRS under EIN 221814348.
How many years of IRS 990 filings does Best Of Life Park Inc have?
Best Of Life Park Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Best Of Life Park Inc do?
Best Of Life Park Inc is a nonprofit organization in the Unknown sector, located in Northfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Best Of Life Park Inc have?
Best Of Life Park Inc reported total revenue of N/A. Based on 6 IRS 990 filings on record.
What are Best Of Life Park Inc's total assets?
Best Of Life Park Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Best Of Life Park Inc located?
Best Of Life Park Inc is based in Northfield, New Jersey.
What is Best Of Life Park Inc's EIN?
Best Of Life Park Inc's Employer Identification Number (EIN) is 221814348. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Best Of Life Park Inc?
Best Of Life Park Inc is classified under NTEE code Unknown (Unknown).
Is Best Of Life Park Inc a registered 501(c)(3)?
Best Of Life Park Inc appears in IRS records (EIN: 221814348). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Best Of Life Park Inc file IRS Form 990?
Yes, Best Of Life Park Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 201705.
What was Best Of Life Park Inc's revenue in 2017?
In the 201705 filing period, Best Of Life Park Inc reported total revenue of $4,257,341, total expenses of $718,647, and net assets of $4,499,573.
Is Best Of Life Park Inc's revenue growing or declining?
Best Of Life Park Inc's revenue is growing. Revenue went from $1,349,380 (201605) to $4,257,341 (201705), a +215.5% change. Based on 6 filings on record.
What is Best Of Life Park Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Best Of Life Park Inc covers tax period 201705. It shows revenue of $4,257,341, expenses of $718,647, total assets of $4,499,573, and liabilities of $236,982.
Is Best Of Life Park Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Best Of Life Park Inc has notable concerns. Mission Score: 20/100 (Poor). 5 red flags identified. 1 strength noted.
What are the red flags for Best Of Life Park Inc?
The following concerns were identified: Zero program service expenses reported across all available filings, indicating no direct charitable activity.. Revenue dropped from $4,257,341 in 2017 to $0 in all subsequent years, raising questions about current operations.. Liabilities consistently exceed assets (e.g., $2,369,822 liabilities vs. $4,499,573 assets in 2017, but $1,719,154 liabilities vs. $2,397,930 assets in 2016), suggesting a precarious financial position.. The organization's purpose or activities are unclear given the lack of reported program spending.. No information on executive compensation or specific administrative costs is available due to the absence of detailed expense breakdowns.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Best Of Life Park Inc's strengths?
Positive indicators for Best Of Life Park Inc include: None identified based on the provided financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Best Of Life Park Inc compensate executives?
Executive compensation cannot be assessed as no program or administrative expenses are reported, suggesting all revenue is consumed by fundraising or other non-programmatic activities. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of zero program service expenses, what is the actual charitable purpose or activity of Best Of Life Park Inc?
The provided data indicates no direct charitable programs are being funded or executed, making the organization's stated purpose questionable.
What caused the drastic drop in revenue from over $4 million in 2017 to zero in subsequent years, and how is the organization sustaining itself?
The data does not provide an explanation for the sudden and complete cessation of revenue, which is a critical concern for the organization's viability.
Filing History
IRS 990 filing history for Best Of Life Park Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Best Of Life Park Inc's revenue has grown by 221.2%, moving from $1.3M to $4.3M. Total assets increased by 83.7% over the same period, from $2.4M to $4.5M. Total functional expenses fell by 42.4%, from $1.2M to $719K. In its most recent filing year (2017), Best Of Life Park Inc reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $237K in liabilities against $4.5M in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $4.3M | $719K | $4.5M | $237K | — | View 990 |
| 2016 | $1.3M | $1.6M | $2.4M | $1.7M | — | View 990 |
| 2015 | $1.3M | $1.2M | $2.5M | $1.6M | — | View 990 |
| 2014 | $1.3M | $1.3M | $2.4M | $1.6M | — | View 990 |
| 2013 | $1.4M | $1.3M | $2.4M | $1.7M | — | View 990 |
| 2012 | $1.3M | $1.2M | $2.4M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $4.3M, expenses of $719K, and assets of $4.5M (revenue +215.5% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.6M, and assets of $2.4M (revenue +2.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $2.5M (revenue -1.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue -2.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $2.4M (revenue +3.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Best Of Life Park Inc:
Data Sources and Methodology
This transparency report for Best Of Life Park 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.