Cloister Inn Of Princeton University
Cloister Inn Of Princeton University frequently operates at a deficit, with expenses often exceeding revenue.
EIN: 210427400 · Princeton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $808K |
| Total Expenses | $970K |
| Program Spending | 85% |
| Net Assets | $87K |
| Transparency Score | 60/100 |
Is Cloister Inn Of Princeton University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cloister Inn Of Princeton University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cloister Inn Of Princeton University
Cloister Inn Of Princeton University (EIN: 210427400) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $808K and total assets of $365K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cloister Inn Of Princeton University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cloister Inn Of Princeton University is a small nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $872K |
| Total Expenses | $970K |
| Surplus / Deficit | $-98,354 |
| Total Assets | $444K |
| Total Liabilities | $357K |
| Net Assets | $87K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 80.3% |
| Months of Reserves | 5.5 months |
Financial Health Grade: C
In 2024, Cloister Inn Of Princeton University reported a deficit of $98K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 80.3% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Cloister Inn Of Princeton University's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +22.9% | -4.0% | -24.4% |
| 2023 | -18.8% | -11.7% | -34.8% |
| 2022 | +51.1% | +169.9% | -13.0% |
| 2021 | -47.1% | -56.2% | +69.2% |
| 2020 | -18.8% | -26.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Cloister Inn Of Princeton University 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Cloister Inn Of Princeton University allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for minimizing overhead costs.
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 Cloister Inn Of Princeton University's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 202406, 202306, 202206, 201806, 201706).
- Significant fluctuation in assets over time, from $1,035,198 in 202106 to $364,519 currently, without clear explanation.
- Unknown NTEE code, which limits ability to benchmark and understand core mission.
Strengths
The following positive indicators were identified for Cloister Inn Of Princeton University:
- Zero reported officer compensation across all filings, indicating a volunteer-led or highly cost-efficient leadership structure.
- Long filing history (14 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Cloister Inn Of Princeton University
Is Cloister Inn Of Princeton University a legitimate charity?
Cloister Inn Of Princeton University (EIN: 210427400) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 14 years of IRS 990 filings on record. Total revenue: $808K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Cloister Inn Of Princeton University spend its money?
Cloister Inn Of Princeton University directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cloister Inn Of Princeton University tax-deductible?
Cloister Inn Of Princeton University is registered as a tax-exempt nonprofit (EIN: 210427400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cloister Inn Of Princeton University located?
Cloister Inn Of Princeton University is headquartered in Princeton, New Jersey and files with the IRS under EIN 210427400.
How many years of IRS 990 filings does Cloister Inn Of Princeton University have?
Cloister Inn Of Princeton University has 14 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 $808K in total revenue.
Is Cloister Inn Of Princeton University financially stable?
The organization's financial stability is questionable, as expenses have exceeded revenue in multiple recent periods (e.g., $970,399 expenses vs. $872,045 revenue in 202406; $1,010,660 expenses vs. $709,427 revenue in 202306). This pattern of deficit spending suggests potential long-term sustainability challenges.
What is the primary purpose of Cloister Inn Of Princeton University?
Based on the available IRS 990 data, the NTEE code is unknown, which makes it difficult to definitively state the primary purpose. However, as an 'Inn of Princeton University,' it likely serves a function related to the university community, possibly as a social club or housing facility.
How does Cloister Inn Of Princeton University manage its assets?
The organization's assets have fluctuated significantly, from a high of $1,035,198 in 202106 to $364,519 currently. This variability, alongside periods of deficit spending, suggests that assets may be used to cover operational shortfalls or are subject to significant investment or divestment activities.
Does Cloister Inn Of Princeton University spend efficiently?
While the organization reports 0% officer compensation, which is a positive indicator of lean administrative costs, a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data. The frequent operational deficits, however, raise questions about overall spending efficiency relative to revenue generation.
Filing History
IRS 990 filing history for Cloister Inn Of Princeton University showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Cloister Inn Of Princeton University's revenue has declined by 27%, moving from $1.2M to $872K. Total assets decreased by 24.6% over the same period, from $589K to $444K. Total functional expenses fell by 13%, from $1.1M to $970K. In its most recent filing year (2024), Cloister Inn Of Princeton University reported a deficit of $98K, with expenses exceeding revenue. The organization holds $357K in liabilities against $444K in assets (debt-to-asset ratio: 80.3%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $872K | $970K | $444K | $357K | — | View 990 |
| 2023 | $709K | $1.0M | $587K | $401K | — | View 990 |
| 2022 | $874K | $1.1M | $901K | $414K | — | View 990 |
| 2021 | $579K | $424K | $1.0M | $278K | — | View 990 |
| 2020 | $1.1M | $969K | $612K | $10K | — | View 990 |
| 2019 | $1.3M | $1.3M | $610K | $133K | — | View 990 |
| 2018 | $1.2M | $1.3M | $490K | $44K | — | View 990 |
| 2017 | $1.0M | $1.3M | $725K | $181K | — | View 990 |
| 2016 | $1.6M | $1.3M | $857K | $14K | — | View 990 |
| 2015 | $1.2M | $1.2M | $569K | $15K | — | View 990 |
| 2014 | $1.1M | $1.0M | $535K | $11K | — | View 990 |
| 2013 | $1.2M | $1.2M | $484K | $22K | — | View 990 |
| 2012 | $1.2M | $1.3M | $522K | $11K | — | View 990 |
| 2011 | $1.2M | $1.1M | $589K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $872K, expenses of $970K, and assets of $444K (revenue +22.9% year-over-year).
- 2023: Revenue of $709K, expenses of $1.0M, and assets of $587K (revenue -18.8% year-over-year).
- 2022: Revenue of $874K, expenses of $1.1M, and assets of $901K (revenue +51.1% year-over-year).
- 2021: Revenue of $579K, expenses of $424K, and assets of $1.0M (revenue -47.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $969K, and assets of $612K (revenue -18.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $610K (revenue +10.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $490K (revenue +18.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.3M, and assets of $725K (revenue -36.1% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.3M, and assets of $857K (revenue +33.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $569K (revenue +10.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $535K (revenue -8.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $484K (revenue -1.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $522K (revenue +1.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $589K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cloister Inn Of Princeton University:
Data Sources and Methodology
This transparency report for Cloister Inn Of Princeton University 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.