Eatontown Senior Housing Corporatio
Eatontown Senior Housing: Stable Finances, High Program Spending
EIN: 222271921 · Princeton, NJ · NTEE: L22Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| Net Assets | $15.8M |
| Transparency Score | 85/100 |
Is Eatontown Senior Housing Corporatio Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eatontown Senior Housing Corporatio directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eatontown Senior Housing Corporatio
Eatontown Senior Housing Corporatio (EIN: 222271921) is a nonprofit organization based in Princeton, NJ, classified under NTEE code L22Z. The organization reported total revenue of $4.3M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eatontown Senior Housing Corporatio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eatontown Senior Housing Corporatio is a mid-size nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $16.1M |
| Total Liabilities | $301K |
| Net Assets | $15.8M |
| Operating Margin | 41.4% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 82.4 months |
Financial Health Grade: A
In 2023, Eatontown Senior Housing Corporatio reported a surplus of $1.7M with revenue exceeding expenses, holds 82.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Eatontown Senior Housing Corporatio's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | +4.1% | +12.1% |
| 2022 | +35.2% | +22.6% | +9.2% |
| 2021 | +7.8% | -13.2% | +26.0% |
| 2020 | +9.8% | -0.5% | +6.4% |
| 2019 | +3.3% | +10.2% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Eatontown Senior Housing Corporatio with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Eatontown Senior Housing Corporatio allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 surplus of $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified in available filings.
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 Eatontown Senior Housing Corporatio:
- Consistent revenue growth over the past several years, from $2,330,228 in 2016 to $4,268,581 in 2023.
- Strong asset base, growing from $7,913,495 in 2016 to $19,288,361 in 2023, indicating financial stability.
- Low liability-to-asset ratio, suggesting good financial health and limited debt burden.
Frequently Asked Questions about Eatontown Senior Housing Corporatio
Is Eatontown Senior Housing Corporatio a legitimate charity?
Eatontown Senior Housing Corporatio (EIN: 222271921) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Eatontown Senior Housing Corporatio spend its money?
Eatontown Senior Housing Corporatio directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Eatontown Senior Housing Corporatio tax-deductible?
Eatontown Senior Housing Corporatio is registered as a tax-exempt nonprofit (EIN: 222271921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eatontown Senior Housing Corporatio's spending goes to programs?
Eatontown Senior Housing Corporatio directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eatontown Senior Housing Corporatio compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eatontown Senior Housing Corporatio is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eatontown Senior Housing Corporatio located?
Eatontown Senior Housing Corporatio is headquartered in Princeton, New Jersey and files with the IRS under EIN 222271921. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Eatontown Senior Housing Corporatio have?
Eatontown Senior Housing Corporatio 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 $4.3M in total revenue.
What does Eatontown Senior Housing Corporatio do?
Eatontown Senior Housing Corporatio is a nonprofit organization in the Housing & Shelter sector, located in Princeton, New Jersey. It is classified under NTEE code L22Z.
How much revenue does Eatontown Senior Housing Corporatio have?
Eatontown Senior Housing Corporatio reported total revenue of $4,268,581. Based on 12 IRS 990 filings on record.
What are Eatontown Senior Housing Corporatio's total assets?
Eatontown Senior Housing Corporatio holds total assets of $19,288,361 as reported in IRS 990 filings.
Where is Eatontown Senior Housing Corporatio located?
Eatontown Senior Housing Corporatio is based in Princeton, New Jersey.
What is Eatontown Senior Housing Corporatio's EIN?
Eatontown Senior Housing Corporatio's Employer Identification Number (EIN) is 222271921. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Eatontown Senior Housing Corporatio?
Eatontown Senior Housing Corporatio is classified under NTEE code L22Z (Housing & Shelter).
Is Eatontown Senior Housing Corporatio a registered 501(c)(3)?
Yes, Eatontown Senior Housing Corporatio is recognized as a tax-exempt organization by the IRS. EIN: 222271921.
Does Eatontown Senior Housing Corporatio file IRS Form 990?
Yes, Eatontown Senior Housing Corporatio has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Eatontown Senior Housing Corporatio's revenue in 2023?
In the 202305 filing period, Eatontown Senior Housing Corporatio reported total revenue of $3,996,992, total expenses of $2,342,423, and net assets of $16,077,690.
Is Eatontown Senior Housing Corporatio's revenue growing or declining?
Eatontown Senior Housing Corporatio's revenue is relatively stable. Revenue went from $3,882,572 (202205) to $3,996,992 (202305), a +2.9% change. Based on 12 filings on record.
What is Eatontown Senior Housing Corporatio's most recent 990 filing?
The most recent IRS Form 990 filing for Eatontown Senior Housing Corporatio covers tax period 202305. It shows revenue of $3,996,992, expenses of $2,342,423, total assets of $16,077,690, and liabilities of $301,437.
How much does Eatontown Senior Housing Corporatio spend on programs vs administration?
Based on IRS 990 analysis, Eatontown Senior Housing Corporatio allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Eatontown Senior Housing Corporatio a trustworthy charity?
Based on AI analysis of IRS 990 data, Eatontown Senior Housing Corporatio appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Eatontown Senior Housing Corporatio's strengths?
Positive indicators for Eatontown Senior Housing Corporatio include: Consistent revenue growth over the past several years, from $2,330,228 in 2016 to $4,268,581 in 2023.. Strong asset base, growing from $7,913,495 in 2016 to $19,288,361 in 2023, indicating financial stability.. Low liability-to-asset ratio, suggesting good financial health and limited debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Eatontown Senior Housing Corporatio compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no red flags identified in available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Eatontown Senior Housing Corporation manage to maintain such a high percentage of program spending while consistently growing its assets?
The organization's consistent revenue growth, coupled with what appears to be efficient operational management, allows for significant investment in programs while simultaneously building its asset base. This suggests effective financial stewardship and a focus on its core mission.
Filing History
IRS 990 filing history for Eatontown Senior Housing Corporatio showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Eatontown Senior Housing Corporatio's revenue has grown by 70.2%, moving from $2.3M to $4.0M. Total assets increased by 191.4% over the same period, from $5.5M to $16.1M. Total functional expenses rose by 46.1%, from $1.6M to $2.3M. In its most recent filing year (2023), Eatontown Senior Housing Corporatio reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $301K in liabilities against $16.1M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $15.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.3M | $16.1M | $301K | — | View 990 |
| 2022 | $3.9M | $2.3M | $14.3M | $328K | — | View 990 |
| 2021 | $2.9M | $1.8M | $13.1M | $217K | — | View 990 |
| 2020 | $2.7M | $2.1M | $10.4M | $175K | — | View 990 |
| 2019 | $2.4M | $2.1M | $9.8M | $152K | — | View 990 |
| 2018 | $2.3M | $1.9M | $9.2M | $194K | — | View 990 |
| 2017 | $2.4M | $1.9M | $8.6M | $197K | — | View 990 |
| 2016 | $2.3M | $1.9M | $7.9M | $223K | — | View 990 |
| 2015 | $2.3M | $1.8M | $7.3M | $212K | — | View 990 |
| 2014 | $2.3M | $1.7M | $6.7M | $205K | — | View 990 |
| 2013 | $2.3M | $1.7M | $6.1M | $178K | — | View 990 |
| 2012 | $2.3M | $1.6M | $5.5M | $206K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.3M, and assets of $16.1M (revenue +2.9% year-over-year).
- 2022: Revenue of $3.9M, expenses of $2.3M, and assets of $14.3M (revenue +35.2% year-over-year).
- 2021: Revenue of $2.9M, expenses of $1.8M, and assets of $13.1M (revenue +7.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.1M, and assets of $10.4M (revenue +9.8% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.1M, and assets of $9.8M (revenue +3.3% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.9M, and assets of $9.2M (revenue -0.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.9M, and assets of $8.6M (revenue +1.3% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.9M, and assets of $7.9M (revenue +1.0% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.8M, and assets of $7.3M (revenue +0.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.7M, and assets of $6.7M (revenue +0.1% year-over-year).
- 2013: Revenue of $2.3M, expenses of $1.7M, and assets of $6.1M (revenue -1.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.6M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eatontown Senior Housing Corporatio:
Data Sources and Methodology
This transparency report for Eatontown Senior Housing Corporatio 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.