Bridgwater Community Services Inc
Bridgwater Community Services: Stable Assets, Inconsistent Revenue, and No Program Spending Reported
EIN: 222410659 · Bridgewater, NJ · NTEE: L210 · Updated: 2026-04-04
About Bridgwater Community Services Inc
Bridgwater Community Services Inc (EIN: 222410659) is a nonprofit organization based in Bridgewater, NJ, classified under NTEE code L210. The organization reported total revenue of $2.3M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridgwater Community Services 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 Bridgwater Community Services Inc 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Bridgwater Community Services Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no expenses, including salaries, are reported in the available financial 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 Bridgwater Community Services Inc's IRS 990 filings:
- Consistent reporting of $0 for program, administrative, and fundraising expenses raises significant concerns about operational transparency and actual activities.
- The absence of any reported expenses makes it impossible to determine how funds are being utilized or if the organization is actively pursuing its mission.
- Negative revenue in 2020 (-$93,134) without corresponding expense data is a red flag for financial management.
- The organization's stated purpose (L210 - 'Other Housing Activities') is not supported by any reported program spending.
Strengths
The following positive indicators were identified for Bridgwater Community Services Inc:
- The organization has maintained a stable asset base, consistently holding over $5 million in assets.
Frequently Asked Questions about Bridgwater Community Services Inc
What does Bridgwater Community Services Inc do?
Bridgwater Community Services Inc is a nonprofit organization in the Housing & Shelter sector, located in Bridgewater, New Jersey. It is classified under NTEE code L210.
How much revenue does Bridgwater Community Services Inc have?
Bridgwater Community Services Inc reported total revenue of $2,323,286. Based on 13 IRS 990 filings on record.
What are Bridgwater Community Services Inc's total assets?
Bridgwater Community Services Inc holds total assets of $5,821,831 as reported in IRS 990 filings.
Where is Bridgwater Community Services Inc located?
Bridgwater Community Services Inc is based in Bridgewater, New Jersey.
What is Bridgwater Community Services Inc's EIN?
Bridgwater Community Services Inc's Employer Identification Number (EIN) is 222410659. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bridgwater Community Services Inc?
Bridgwater Community Services Inc is classified under NTEE code L210 (Housing & Shelter).
Is Bridgwater Community Services Inc a registered 501(c)(3)?
Yes, Bridgwater Community Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222410659.
Does Bridgwater Community Services Inc file IRS Form 990?
Yes, Bridgwater Community Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bridgwater Community Services Inc's revenue in 2023?
In the 202312 filing period, Bridgwater Community Services Inc reported total revenue of $292,118, total expenses of N/A, and net assets of $5,652,132.
Is Bridgwater Community Services Inc's revenue growing or declining?
Bridgwater Community Services Inc's revenue is growing. Revenue went from $154,969 (202212) to $292,118 (202312), a +88.5% change. Based on 13 filings on record.
What is Bridgwater Community Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bridgwater Community Services Inc covers tax period 202312. It shows revenue of $292,118, expenses of N/A, total assets of $5,652,132, and liabilities of $5,264,731.
Is Bridgwater Community Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bridgwater Community Services Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Bridgwater Community Services Inc?
The following concerns were identified: Consistent reporting of $0 for program, administrative, and fundraising expenses raises significant concerns about operational transparency and actual activities.. The absence of any reported expenses makes it impossible to determine how funds are being utilized or if the organization is actively pursuing its mission.. Negative revenue in 2020 (-$93,134) without corresponding expense data is a red flag for financial management.. The organization's stated purpose (L210 - 'Other Housing Activities') is not supported by any reported program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bridgwater Community Services Inc's strengths?
Positive indicators for Bridgwater Community Services Inc include: The organization has maintained a stable asset base, consistently holding over $5 million in assets.. These findings are derived from AI analysis of the organization's financial filings.
How does Bridgwater Community Services Inc compensate executives?
Executive compensation cannot be assessed as no expenses, including salaries, are reported in the available financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all expense categories, what are the actual activities and operational costs of Bridgwater Community Services Inc.?
The provided financial data does not offer any insight into the organization's operational activities or costs, as all expense categories (program, administrative, fundraising) are reported as zero across multiple years. This suggests either a significant reporting anomaly or a lack of active operations as a traditional nonprofit.
How does Bridgwater Community Services Inc. generate revenue and manage its assets without incurring any reported expenses?
The data shows revenue generation (e.g., $292,118 in 2023) and asset maintenance (e.g., $5,652,132 in assets in 2023) without any corresponding reported expenses. This is highly unusual for an active organization and suggests that either revenue is not being used for operational expenses, or expenses are being recorded in an unconventional manner not reflected in these filings.
Filing History
IRS 990 filing history for Bridgwater Community Services Inc showing financial trends over 13 years of public records:
Total assets increased by 49.8% over the same period, from $3.8M to $5.7M. The organization holds $5.3M in liabilities against $5.7M in assets (debt-to-asset ratio: 93.1%), resulting in net assets of $387K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $292K | $0 | $5.7M | $5.3M | — | — |
| 2022 | $155K | $0 | $5.6M | $5.5M | — | View 990 |
| 2021 | $215K | $0 | $5.6M | $5.6M | — | View 990 |
| 2020 | $-93,134 | $0 | $5.6M | $5.8M | — | — |
| 2019 | $239K | $0 | $5.8M | $6.0M | — | View 990 |
| 2018 | $154K | $0 | $5.7M | $6.1M | — | View 990 |
| 2017 | $119K | $0 | $5.7M | $6.3M | — | View 990 |
| 2016 | $113K | $0 | $5.8M | $6.5M | — | View 990 |
| 2015 | $23K | $0 | $5.9M | $6.7M | — | View 990 |
| 2014 | $85K | $0 | $6.1M | $6.8M | — | View 990 |
| 2013 | $-9,430 | $0 | $6.1M | $7.0M | — | View 990 |
| 2012 | $-92,952 | $0 | $3.6M | $4.4M | — | View 990 |
| 2011 | $-1,141,991 | $0 | $3.8M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292K, expenses of $0, and assets of $5.7M (revenue +88.5% year-over-year).
- 2022: Revenue of $155K, expenses of $0, and assets of $5.6M (revenue -28.0% year-over-year).
- 2021: Revenue of $215K, expenses of $0, and assets of $5.6M.
- 2020: Revenue of $-93,134, expenses of $0, and assets of $5.6M (revenue -139.0% year-over-year).
- 2019: Revenue of $239K, expenses of $0, and assets of $5.8M (revenue +55.1% year-over-year).
- 2018: Revenue of $154K, expenses of $0, and assets of $5.7M (revenue +28.8% year-over-year).
- 2017: Revenue of $119K, expenses of $0, and assets of $5.7M (revenue +5.7% year-over-year).
- 2016: Revenue of $113K, expenses of $0, and assets of $5.8M (revenue +400.5% year-over-year).
- 2015: Revenue of $23K, expenses of $0, and assets of $5.9M (revenue -73.6% year-over-year).
- 2014: Revenue of $85K, expenses of $0, and assets of $6.1M.
- 2013: Revenue of $-9,430, expenses of $0, and assets of $6.1M.
- 2012: Revenue of $-92,952, expenses of $0, and assets of $3.6M.
- 2011: Revenue of $-1,141,991, expenses of $0, and assets of $3.8M.
Data Sources and Methodology
This transparency report for Bridgwater Community Services 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.