Camptown Business Improvement District Of Irvington Nj Inc
Camptown Business Improvement District consistently spends more than it earns, drawing down assets over the last decade.
EIN: 221015149 · Jersey City, NJ · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $182K |
| Program Spending | 80% |
| Net Assets | $379K |
| Transparency Score | 70/100 |
Is Camptown Business Improvement District Of Irvington Nj Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camptown Business Improvement District Of Irvington Nj Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camptown Business Improvement District Of Irvington Nj Inc
Camptown Business Improvement District Of Irvington Nj Inc (EIN: 221015149) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code S41. The organization reported total revenue of $264K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camptown Business Improvement District Of Irvington Nj Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camptown Business Improvement District Of Irvington Nj Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $182K |
| Surplus / Deficit | $-20,632 |
| Total Assets | $395K |
| Total Liabilities | $15K |
| Net Assets | $379K |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 26.0 months |
Financial Health Grade: B
In 2023, Camptown Business Improvement District Of Irvington Nj Inc reported a deficit of $21K with expenses exceeding revenue, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Camptown Business Improvement District Of Irvington Nj Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +7.2% | -8.0% |
| 2022 | -1.9% | -9.2% | -0.1% |
| 2021 | +1.4% | +13.2% | -10.0% |
| 2020 | -2.1% | -16.8% | -0.4% |
| 2019 | -1.1% | -3.6% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Camptown Business Improvement District Of Irvington Nj Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Camptown Business Improvement District Of Irvington Nj Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through a separate entity, which is a positive sign for resource allocation.
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 Camptown Business Improvement District Of Irvington Nj Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most reported periods (e.g., 2023: $181,902 expenses vs. $161,270 revenue).
- Declining asset base over the past decade, from $576,870 in 2014 to $394,853 in 2023, indicating reliance on reserves.
Strengths
The following positive indicators were identified for Camptown Business Improvement District Of Irvington Nj Inc:
- Zero reported officer compensation across all filings, suggesting efficient use of funds at the executive level.
- Consistent filing history (13 filings), indicating good transparency and compliance with IRS regulations.
- Stable revenue generation, generally around $160,000 annually in recent years, despite being lower than expenses.
Frequently Asked Questions about Camptown Business Improvement District Of Irvington Nj Inc
Is Camptown Business Improvement District Of Irvington Nj Inc a legitimate charity?
Camptown Business Improvement District Of Irvington Nj Inc (EIN: 221015149) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $264K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Camptown Business Improvement District Of Irvington Nj Inc spend its money?
Camptown Business Improvement District Of Irvington Nj Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Camptown Business Improvement District Of Irvington Nj Inc tax-deductible?
Camptown Business Improvement District Of Irvington Nj Inc is registered as a tax-exempt nonprofit (EIN: 221015149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Camptown Business Improvement District Of Irvington Nj Inc's spending goes to programs?
Camptown Business Improvement District Of Irvington Nj Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Camptown Business Improvement District Of Irvington Nj Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Camptown Business Improvement District Of Irvington Nj Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camptown Business Improvement District Of Irvington Nj Inc located?
Camptown Business Improvement District Of Irvington Nj Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 221015149. It is classified under NTEE code S41.
How many years of IRS 990 filings does Camptown Business Improvement District Of Irvington Nj Inc have?
Camptown Business Improvement District Of Irvington Nj 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 $264K in total revenue.
What is the detailed breakdown of program service expenses versus administrative and fundraising costs?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess spending efficiency beyond total expenses.
How does the organization plan to address the consistent deficit spending?
The filings show a consistent trend of expenses exceeding revenue (e.g., $181,902 expenses vs. $161,270 revenue in 2023), leading to a reduction in assets. The filings do not detail specific plans to reverse this trend.
Are there any plans to increase revenue streams to match or exceed expenses?
While revenue has fluctuated, it has generally remained stable around $160,000 in recent years, while expenses have often been higher. The filings do not specify strategies for revenue growth.
Filing History
IRS 990 filing history for Camptown Business Improvement District Of Irvington Nj Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camptown Business Improvement District Of Irvington Nj Inc's revenue has declined by 32.6%, moving from $239K to $161K. Total assets decreased by 33.7% over the same period, from $596K to $395K. Total functional expenses rose by 7.2%, from $170K to $182K. In its most recent filing year (2023), Camptown Business Improvement District Of Irvington Nj Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $15K in liabilities against $395K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $379K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $182K | $395K | $15K | — | — |
| 2022 | $159K | $170K | $429K | $29K | — | View 990 |
| 2021 | $162K | $187K | $430K | $13K | — | View 990 |
| 2020 | $160K | $165K | $477K | $18K | — | — |
| 2019 | $163K | $198K | $479K | $26K | — | View 990 |
| 2018 | $165K | $206K | $518K | $11K | — | View 990 |
| 2017 | $125K | $175K | $429K | $28K | — | — |
| 2016 | $122K | $166K | $515K | $27K | — | View 990 |
| 2015 | $153K | $180K | $560K | $21K | — | View 990 |
| 2014 | $121K | $166K | $577K | $17K | — | View 990 |
| 2013 | $214K | $193K | $634K | $29K | — | View 990 |
| 2012 | $215K | $205K | $612K | $28K | — | View 990 |
| 2011 | $239K | $170K | $596K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $182K, and assets of $395K (revenue +1.5% year-over-year).
- 2022: Revenue of $159K, expenses of $170K, and assets of $429K (revenue -1.9% year-over-year).
- 2021: Revenue of $162K, expenses of $187K, and assets of $430K (revenue +1.4% year-over-year).
- 2020: Revenue of $160K, expenses of $165K, and assets of $477K (revenue -2.1% year-over-year).
- 2019: Revenue of $163K, expenses of $198K, and assets of $479K (revenue -1.1% year-over-year).
- 2018: Revenue of $165K, expenses of $206K, and assets of $518K (revenue +32.1% year-over-year).
- 2017: Revenue of $125K, expenses of $175K, and assets of $429K (revenue +2.5% year-over-year).
- 2016: Revenue of $122K, expenses of $166K, and assets of $515K (revenue -20.4% year-over-year).
- 2015: Revenue of $153K, expenses of $180K, and assets of $560K (revenue +26.3% year-over-year).
- 2014: Revenue of $121K, expenses of $166K, and assets of $577K (revenue -43.4% year-over-year).
- 2013: Revenue of $214K, expenses of $193K, and assets of $634K (revenue -0.5% year-over-year).
- 2012: Revenue of $215K, expenses of $205K, and assets of $612K (revenue -10.0% year-over-year).
- 2011: Revenue of $239K, expenses of $170K, and assets of $596K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camptown Business Improvement District Of Irvington Nj Inc:
Data Sources and Methodology
This transparency report for Camptown Business Improvement District Of Irvington Nj 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.