Central Jersey Rifle & Pistol Club Inc

Is Central Jersey Rifle & Pistol Club 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 Rifle & Pistol Club Inc directs 20% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Central Jersey Rifle & Pistol Club Inc

Central Jersey Rifle & Pistol Club Inc (EIN: 222443269) is a nonprofit organization based in Jackson, NJ, classified under NTEE code N61. The organization reported total revenue of $1.5M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Jersey Rifle & Pistol Club 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 Central Jersey Rifle & Pistol Club Inc with a Mission Score of 60 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: 50%
• programs: 20%
• fundraising: 30%

According to IRS 990 filings, Central Jersey Rifle & Pistol Club Inc allocates its expenses as follows: admin: 50%, programs: 20%, fundraising: 30%. Only 20% is directed toward programs, which may warrant further investigation by donors.

Executive Compensation Analysis

Executive compensation is not disclosed in the provided data, indicating it is likely below the Form 990 reporting threshold for key employees.

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 Rifle & Pistol Club Inc's IRS 990 filings:

• Low percentage of expenses allocated directly to programs (20% based on 2023 data, $268,483 out of $1,342,415 total expenses).
• Significant portion of expenses allocated to administrative and fundraising activities.
• Lack of detailed program descriptions or impact reports.

Strengths

The following positive indicators were identified for Central Jersey Rifle & Pistol Club Inc:

• Consistent revenue generation, with $1,452,184 in 2023.
• Strong asset growth, reaching $6,198,777 in 2023.
• Healthy financial position with minimal liabilities ($9,959 in 2023).

Frequently Asked Questions about Central Jersey Rifle & Pistol Club Inc

Filing History

IRS 990 filing history for Central Jersey Rifle & Pistol Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Central Jersey Rifle & Pistol Club Inc's revenue has grown by 94.7%, moving from $746K to $1.5M. Total assets increased by 466.2% over the same period, from $1.1M to $6.2M. Total functional expenses rose by 12.2%, from $1.2M to $1.3M. In its most recent filing year (2023), Central Jersey Rifle & Pistol Club Inc reported a surplus of $110K, with revenue exceeding expenses. The organization holds $10K in liabilities against $6.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $6.2M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $6.2M (revenue +1.8% year-over-year).
• 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $6.1M (revenue +4.0% year-over-year).
• 2021: Revenue of $1.4M, expenses of $827K, and assets of $6.0M (revenue +4.8% year-over-year).
• 2020: Revenue of $1.3M, expenses of $665K, and assets of $5.5M (revenue -1.9% year-over-year).
• 2019: Revenue of $1.3M, expenses of $808K, and assets of $4.8M (revenue -4.5% year-over-year).
• 2018: Revenue of $1.4M, expenses of $693K, and assets of $4.3M (revenue +1.9% year-over-year).
• 2017: Revenue of $1.4M, expenses of $822K, and assets of $3.6M (revenue +1.2% year-over-year).
• 2016: Revenue of $1.4M, expenses of $1.5M, and assets of $3.1M (revenue +2.1% year-over-year).
• 2015: Revenue of $1.3M, expenses of $757K, and assets of $3.2M (revenue +0.9% year-over-year).
• 2014: Revenue of $1.3M, expenses of $713K, and assets of $2.6M (revenue +12.5% year-over-year).
• 2013: Revenue of $1.2M, expenses of $603K, and assets of $2.0M (revenue +16.0% year-over-year).
• 2012: Revenue of $1.0M, expenses of $654K, and assets of $1.4M (revenue +35.0% year-over-year).
• 2011: Revenue of $746K, expenses of $1.2M, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Central Jersey Rifle & Pistol Club 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.