Central Jersey Blood Center Inc
Central Jersey Blood Center: Declining Revenue and Asset Base Raise Concerns
EIN: 221769155 · Shrewsbury, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $12.4M |
| Program Spending | 75% |
| Net Assets | $1.4M |
| Transparency Score | 70/100 |
Is Central Jersey Blood Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Jersey Blood Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Jersey Blood Center Inc
Central Jersey Blood Center Inc (EIN: 221769155) is a nonprofit organization based in Shrewsbury, NJ. The organization reported total revenue of $11.1M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Jersey Blood Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Jersey Blood Center Inc is a large nonprofit that has been operating for 61 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-2,117,796 |
| Total Assets | $4.7M |
| Total Liabilities | $3.3M |
| Net Assets | $1.4M |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 70.0% |
| Months of Reserves | 4.6 months |
Financial Health Grade: C
In 2018, Central Jersey Blood Center Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 70.0% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Central Jersey Blood Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -6.1% | -2.2% | -10.1% |
| 2017 | -7.3% | -3.6% | -26.8% |
| 2016 | +5.2% | +9.6% | -9.1% |
| 2015 | +7.0% | +10.8% | -5.7% |
| 2014 | -0.6% | +1.7% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Central Jersey Blood Center 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: 75%
- fundraising: 10%
According to IRS 990 filings, Central Jersey Blood Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.0%.
Executive Compensation Analysis
Executive compensation details are not provided in the summary data, preventing a specific assessment of individual salaries.
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 Central Jersey Blood Center Inc's IRS 990 filings:
- Revenue has consistently declined from $11,791,897 in 2016 to $10,259,752 in 2018.
- Total assets have significantly decreased from $8,330,561 in 2014 to $4,698,012 in 2018, indicating a shrinking operational capacity.
- The organization consistently reports expenses exceeding revenue, leading to net losses in multiple years (e.g., $12,377,548 expenses vs. $10,259,752 revenue in 2018).
Strengths
The following positive indicators were identified for Central Jersey Blood Center Inc:
- Long operational history, with data available back to 2011.
- Consistent reporting of 0% lobbying expenses.
Frequently Asked Questions about Central Jersey Blood Center Inc
Is Central Jersey Blood Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Jersey Blood Center Inc (EIN: 221769155) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does Central Jersey Blood Center Inc spend its money?
Central Jersey Blood Center Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Jersey Blood Center Inc tax-deductible?
Central Jersey Blood Center Inc is registered as a tax-exempt nonprofit (EIN: 221769155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Central Jersey Blood Center Inc's spending goes to programs?
Central Jersey Blood Center Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Central Jersey Blood Center Inc located?
Central Jersey Blood Center Inc is headquartered in Shrewsbury, New Jersey and files with the IRS under EIN 221769155.
How many years of IRS 990 filings does Central Jersey Blood Center Inc have?
Central Jersey Blood Center Inc has 8 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 $11.1M in total revenue.
What does Central Jersey Blood Center Inc do?
Central Jersey Blood Center Inc is a nonprofit organization in the Unknown sector, located in Shrewsbury, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Central Jersey Blood Center Inc have?
Central Jersey Blood Center Inc reported total revenue of $11,101,024. Based on 8 IRS 990 filings on record.
What are Central Jersey Blood Center Inc's total assets?
Central Jersey Blood Center Inc holds total assets of $4,698,012 as reported in IRS 990 filings.
Where is Central Jersey Blood Center Inc located?
Central Jersey Blood Center Inc is based in Shrewsbury, New Jersey.
What is Central Jersey Blood Center Inc's EIN?
Central Jersey Blood Center Inc's Employer Identification Number (EIN) is 221769155. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Central Jersey Blood Center Inc?
Central Jersey Blood Center Inc is classified under NTEE code Unknown (Unknown).
Is Central Jersey Blood Center Inc a registered 501(c)(3)?
Central Jersey Blood Center Inc appears in IRS records (EIN: 221769155). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Central Jersey Blood Center Inc file IRS Form 990?
Yes, Central Jersey Blood Center Inc has 8 IRS Form 990 filings on record. The most recent covers tax period 201812.
What was Central Jersey Blood Center Inc's revenue in 2018?
In the 201812 filing period, Central Jersey Blood Center Inc reported total revenue of $10,259,752, total expenses of $12,377,548, and net assets of $4,698,012.
Is Central Jersey Blood Center Inc's revenue growing or declining?
Central Jersey Blood Center Inc's revenue is declining. Revenue went from $10,926,843 (201712) to $10,259,752 (201812), a -6.1% change. Based on 8 filings on record.
What is Central Jersey Blood Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Central Jersey Blood Center Inc covers tax period 201812. It shows revenue of $10,259,752, expenses of $12,377,548, total assets of $4,698,012, and liabilities of $3,289,715.
How much does Central Jersey Blood Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Central Jersey Blood Center Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Central Jersey Blood Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Central Jersey Blood Center Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Central Jersey Blood Center Inc?
The following concerns were identified: Revenue has consistently declined from $11,791,897 in 2016 to $10,259,752 in 2018.. Total assets have significantly decreased from $8,330,561 in 2014 to $4,698,012 in 2018, indicating a shrinking operational capacity.. The organization consistently reports expenses exceeding revenue, leading to net losses in multiple years (e.g., $12,377,548 expenses vs. $10,259,752 revenue in 2018).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Central Jersey Blood Center Inc's strengths?
Positive indicators for Central Jersey Blood Center Inc include: Long operational history, with data available back to 2011.. Consistent reporting of 0% lobbying expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Central Jersey Blood Center Inc compensate executives?
Executive compensation details are not provided in the summary data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the consistent decline in revenue and assets over the past several years?
The provided data shows a steady decrease in both revenue and total assets, suggesting potential operational challenges, market shifts, or increased competition that are not detailed in the summary.
How is the organization sustaining operations with consistent annual expenses exceeding revenue?
The consistent reporting of expenses higher than revenue implies the organization is drawing down reserves, selling assets, or relying on other undisclosed funding sources to cover operational deficits.
Filing History
IRS 990 filing history for Central Jersey Blood Center Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Central Jersey Blood Center Inc's revenue has declined by 0.9%, moving from $10.4M to $10.3M. Total assets decreased by 44.2% over the same period, from $8.4M to $4.7M. Total functional expenses rose by 17.7%, from $10.5M to $12.4M. In its most recent filing year (2018), Central Jersey Blood Center Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $3.3M in liabilities against $4.7M in assets (debt-to-asset ratio: 70.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $10.3M | $12.4M | $4.7M | $3.3M | — | View 990 |
| 2017 | $10.9M | $12.7M | $5.2M | $1.6M | — | View 990 |
| 2016 | $11.8M | $13.1M | $7.1M | $1.9M | — | View 990 |
| 2015 | $11.2M | $12.0M | $7.9M | $1.4M | — | View 990 |
| 2014 | $10.5M | $10.8M | $8.3M | $1.0M | — | View 990 |
| 2013 | $10.5M | $10.6M | $8.4M | $841K | — | View 990 |
| 2012 | $10.3M | $10.6M | $8.5M | $1.1M | — | View 990 |
| 2011 | $10.4M | $10.5M | $8.4M | $828K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $10.3M, expenses of $12.4M, and assets of $4.7M (revenue -6.1% year-over-year).
- 2017: Revenue of $10.9M, expenses of $12.7M, and assets of $5.2M (revenue -7.3% year-over-year).
- 2016: Revenue of $11.8M, expenses of $13.1M, and assets of $7.1M (revenue +5.2% year-over-year).
- 2015: Revenue of $11.2M, expenses of $12.0M, and assets of $7.9M (revenue +7.0% year-over-year).
- 2014: Revenue of $10.5M, expenses of $10.8M, and assets of $8.3M (revenue -0.6% year-over-year).
- 2013: Revenue of $10.5M, expenses of $10.6M, and assets of $8.4M (revenue +2.5% year-over-year).
- 2012: Revenue of $10.3M, expenses of $10.6M, and assets of $8.5M (revenue -0.7% year-over-year).
- 2011: Revenue of $10.4M, expenses of $10.5M, and assets of $8.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Jersey Blood Center Inc:
Data Sources and Methodology
This transparency report for Central Jersey Blood Center 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.