Daytop Village Of New Jersey Inc
Daytop Village Of New Jersey Inc experiences dramatic revenue and asset decline, raising significant sustainability concerns.
EIN: 133949518 · Mendham, NJ · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $10.7M |
| Program Spending | 85% |
| Net Assets | $8.6M |
| Transparency Score | 40/100 |
Is Daytop Village Of New Jersey Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daytop Village Of New Jersey Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daytop Village Of New Jersey Inc
Daytop Village Of New Jersey Inc (EIN: 133949518) is a nonprofit organization based in Mendham, NJ, classified under NTEE code O50. The organization reported total revenue of $2.3M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daytop Village Of New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daytop Village Of New Jersey Inc is a mid-size nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.9M |
| Total Expenses | $10.7M |
| Surplus / Deficit | $-814,173 |
| Total Assets | $14.1M |
| Total Liabilities | $5.5M |
| Net Assets | $8.6M |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 38.9% |
| Months of Reserves | 15.8 months |
Financial Health Grade: B
In 2019, Daytop Village Of New Jersey Inc reported a deficit of $814K with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 38.9% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Daytop Village Of New Jersey Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -17.1% | -18.1% | -7.2% |
| 2018 | +4.9% | +5.7% | +0.5% |
| 2017 | -10.4% | -5.3% | -0.4% |
| 2016 | +3.4% | +26.1% | -4.9% |
| 2015 | +19.2% | +17.1% | +15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Daytop Village Of New Jersey Inc with a Mission Score of 40 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Daytop Village Of New Jersey Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $814K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available historical filings, indicating that no officers received compensation from the organization during those periods, which is a positive sign for cost control and transparency in this area.
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 Daytop Village Of New Jersey Inc's IRS 990 filings:
- Dramatic decline in revenue from $9,863,164 (2019) to $2,314,437 (latest).
- Reported $0 in assets in the latest filing, indicating severe financial distress or cessation of operations.
- Consistent historical pattern of expenses exceeding revenue in multiple years (e.g., 2011-2014, 2016-2019), suggesting deficit spending.
- Significant decrease in total assets from $14,093,772 (2019) to $0 (latest).
Strengths
The following positive indicators were identified for Daytop Village Of New Jersey Inc:
- Historically reported 0% officer compensation, indicating good executive compensation practices.
- Historically maintained significant asset levels (over $7 million) prior to the latest filing, though this has now changed.
Frequently Asked Questions about Daytop Village Of New Jersey Inc
Is Daytop Village Of New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Daytop Village Of New Jersey Inc (EIN: 133949518) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Daytop Village Of New Jersey Inc spend its money?
Daytop Village Of New Jersey Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Daytop Village Of New Jersey Inc tax-deductible?
Daytop Village Of New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 133949518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Daytop Village Of New Jersey Inc's spending goes to programs?
Daytop Village Of New Jersey Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Daytop Village Of New Jersey Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Daytop Village Of New Jersey Inc is near average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Daytop Village Of New Jersey Inc located?
Daytop Village Of New Jersey Inc is headquartered in Mendham, New Jersey and files with the IRS under EIN 133949518. It is classified under NTEE code O50.
How many years of IRS 990 filings does Daytop Village Of New Jersey Inc have?
Daytop Village Of New Jersey Inc has 9 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 $2.3M in total revenue.
What caused the drastic decline in revenue from $9,863,164 in 2019 to $2,314,437 in the latest period, and the reported $0 in assets?
The provided data shows a severe reduction in the organization's financial scale, but the specific reasons for this decline are not detailed in the available IRS 990 summary. This would require further investigation into their operational changes or funding sources.
Is Daytop Village Of New Jersey Inc still actively operating given its reported $0 in assets and significantly reduced revenue?
The reported $0 in assets and substantially lower revenue suggest a significant change in operations, potentially indicating a winding down or a complete restructuring. Further inquiry into their current activities would be necessary.
How does the organization plan to fund its programs with such a low revenue and no reported assets?
With current revenue at $2,314,437 and $0 in assets, the organization's ability to sustain its mission and programs is highly questionable. This financial structure suggests a critical need for new funding or a very limited operational scope.
Filing History
IRS 990 filing history for Daytop Village Of New Jersey Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Daytop Village Of New Jersey Inc's revenue has grown by 28.9%, moving from $7.7M to $9.9M. Total assets increased by 73% over the same period, from $8.1M to $14.1M. Total functional expenses rose by 36.2%, from $7.8M to $10.7M. In its most recent filing year (2019), Daytop Village Of New Jersey Inc reported a deficit of $814K, with expenses exceeding revenue. The organization holds $5.5M in liabilities against $14.1M in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $9.9M | $10.7M | $14.1M | $5.5M | — | View 990 |
| 2018 | $11.9M | $13.0M | $15.2M | $5.7M | — | View 990 |
| 2017 | $11.3M | $12.3M | $15.1M | $4.6M | — | View 990 |
| 2016 | $12.7M | $13.0M | $15.2M | $3.6M | — | View 990 |
| 2015 | $12.2M | $10.3M | $15.9M | $4.1M | — | View 990 |
| 2014 | $10.3M | $8.8M | $13.8M | $3.9M | — | View 990 |
| 2013 | $7.8M | $8.1M | $7.4M | $3.0M | — | View 990 |
| 2012 | $8.0M | $8.3M | $7.5M | $2.8M | — | View 990 |
| 2011 | $7.7M | $7.8M | $8.1M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $9.9M, expenses of $10.7M, and assets of $14.1M (revenue -17.1% year-over-year).
- 2018: Revenue of $11.9M, expenses of $13.0M, and assets of $15.2M (revenue +4.9% year-over-year).
- 2017: Revenue of $11.3M, expenses of $12.3M, and assets of $15.1M (revenue -10.4% year-over-year).
- 2016: Revenue of $12.7M, expenses of $13.0M, and assets of $15.2M (revenue +3.4% year-over-year).
- 2015: Revenue of $12.2M, expenses of $10.3M, and assets of $15.9M (revenue +19.2% year-over-year).
- 2014: Revenue of $10.3M, expenses of $8.8M, and assets of $13.8M (revenue +30.9% year-over-year).
- 2013: Revenue of $7.8M, expenses of $8.1M, and assets of $7.4M (revenue -2.0% year-over-year).
- 2012: Revenue of $8.0M, expenses of $8.3M, and assets of $7.5M (revenue +4.6% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.8M, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daytop Village Of New Jersey Inc:
Data Sources and Methodology
This transparency report for Daytop Village Of New Jersey 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.