Eastern Psychological Association Inc
Eastern Psychological Association Inc. maintains stable assets and zero liabilities with no officer compensation.
EIN: 111997304 · Jersey City, NJ · NTEE: V23Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $152K |
| Program Spending | 80% |
| Net Assets | $321K |
| Transparency Score | 90/100 |
Is Eastern Psychological Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Psychological Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Psychological Association Inc
Eastern Psychological Association Inc (EIN: 111997304) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code V23Z. The organization reported total revenue of $200K and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Psychological Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Psychological Association Inc is a small nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $152K |
| Surplus / Deficit | $-16,228 |
| Total Assets | $321K |
| Net Assets | $321K |
| Operating Margin | -11.9% |
| Months of Reserves | 25.2 months |
Financial Health Grade: B
In 2023, Eastern Psychological Association Inc reported a deficit of $16K with expenses exceeding revenue, holds 25.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Eastern Psychological Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.7% | +14.2% | -9.1% |
| 2022 | +60.2% | +35.6% | -7.7% |
| 2021 | -45.7% | +3.4% | -7.9% |
| 2020 | -17.6% | -36.5% | +6.3% |
| 2019 | +9.6% | +22.5% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1969 |
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 Eastern Psychological Association Inc with a Mission Score of 90 out of 100 (Excellent). 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, Eastern Psychological Association 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 $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable 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.
Strengths
The following positive indicators were identified for Eastern Psychological Association Inc:
- Consistent 0% officer compensation, indicating high efficiency in resource allocation.
- Zero reported liabilities across all 12 filings, demonstrating strong financial management and low risk.
- Healthy and growing asset base, currently at $448,473, providing financial stability.
- Long history of consistent IRS 990 filings (12 filings), indicating strong transparency and compliance.
- Stable revenue stream over the past decade, supporting ongoing operations.
Frequently Asked Questions about Eastern Psychological Association Inc
Is Eastern Psychological Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Psychological Association Inc (EIN: 111997304) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Eastern Psychological Association Inc spend its money?
Eastern Psychological Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Psychological Association Inc tax-deductible?
Eastern Psychological Association Inc is registered as a tax-exempt nonprofit (EIN: 111997304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eastern Psychological Association Inc's spending goes to programs?
Eastern Psychological Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastern Psychological Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Eastern Psychological Association Inc is above average for NTEE category V23Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastern Psychological Association Inc located?
Eastern Psychological Association Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 111997304. It is classified under NTEE code V23Z.
How many years of IRS 990 filings does Eastern Psychological Association Inc have?
Eastern Psychological Association Inc has 12 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 $200K in total revenue.
Is Eastern Psychological Association Inc. a good charity?
Based on its financial data, the Eastern Psychological Association Inc. appears to be a well-managed organization. It consistently reports zero liabilities and 0% officer compensation, indicating strong financial health and a commitment to directing resources towards its mission. Its stable asset base and consistent filing history also point to good governance.
How does the organization fund its operations?
The organization primarily funds its operations through revenue, which has fluctuated but generally remained stable, averaging around $120,000 annually over the past decade. Given its NTEE code (Professional Societies & Associations), revenue likely comes from membership dues, conference fees, and potentially grants or donations.
What is the trend in the organization's financial health?
The organization shows a trend of stable financial health. While there have been periods where expenses exceeded revenue (e.g., 2023 and 2022), its substantial and growing asset base (from $373,779 in 2014 to $448,473 currently) and consistent zero liabilities demonstrate resilience and prudent financial management.
Filing History
IRS 990 filing history for Eastern Psychological Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Eastern Psychological Association Inc's revenue has grown by 22.8%, moving from $111K to $136K. Total assets decreased by 3.4% over the same period, from $332K to $321K. Total functional expenses rose by 68.2%, from $91K to $152K. In its most recent filing year (2023), Eastern Psychological Association Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $152K | $321K | $0 | — | View 990 |
| 2022 | $104K | $133K | $353K | $0 | — | View 990 |
| 2021 | $65K | $98K | $382K | $0 | — | View 990 |
| 2020 | $120K | $95K | $415K | $0 | — | View 990 |
| 2019 | $146K | $150K | $390K | $0 | — | View 990 |
| 2018 | $133K | $122K | $394K | $0 | — | View 990 |
| 2017 | $116K | $116K | $384K | $0 | — | View 990 |
| 2016 | $137K | $124K | $384K | $0 | — | View 990 |
| 2015 | $126K | $129K | $371K | $0 | — | View 990 |
| 2014 | $108K | $94K | $374K | $0 | — | View 990 |
| 2013 | $163K | $128K | $358K | $0 | — | View 990 |
| 2012 | $111K | $91K | $332K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $152K, and assets of $321K (revenue +30.7% year-over-year).
- 2022: Revenue of $104K, expenses of $133K, and assets of $353K (revenue +60.2% year-over-year).
- 2021: Revenue of $65K, expenses of $98K, and assets of $382K (revenue -45.7% year-over-year).
- 2020: Revenue of $120K, expenses of $95K, and assets of $415K (revenue -17.6% year-over-year).
- 2019: Revenue of $146K, expenses of $150K, and assets of $390K (revenue +9.6% year-over-year).
- 2018: Revenue of $133K, expenses of $122K, and assets of $394K (revenue +14.4% year-over-year).
- 2017: Revenue of $116K, expenses of $116K, and assets of $384K (revenue -15.4% year-over-year).
- 2016: Revenue of $137K, expenses of $124K, and assets of $384K (revenue +8.9% year-over-year).
- 2015: Revenue of $126K, expenses of $129K, and assets of $371K (revenue +17.1% year-over-year).
- 2014: Revenue of $108K, expenses of $94K, and assets of $374K (revenue -33.8% year-over-year).
- 2013: Revenue of $163K, expenses of $128K, and assets of $358K (revenue +46.5% year-over-year).
- 2012: Revenue of $111K, expenses of $91K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Psychological Association Inc:
Data Sources and Methodology
This transparency report for Eastern Psychological Association 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.