Educational Arts Team
Educational Arts Team: Consistent Revenue, Declining Assets, and Transparency Gaps
EIN: 222382747 · Jersey City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.1M |
| Program Spending | 70% |
| Net Assets | $669K |
| Transparency Score | 75/100 |
Is Educational Arts Team Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Educational Arts Team directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Educational Arts Team
Educational Arts Team (EIN: 222382747) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $1.7M and total assets of $751K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Arts Team's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Arts Team is a mid-size nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $908K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-195,234 |
| Total Assets | $769K |
| Total Liabilities | $100K |
| Net Assets | $669K |
| Operating Margin | -21.5% |
| Debt-to-Asset Ratio | 13.0% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2022, Educational Arts Team reported a deficit of $195K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Educational Arts Team's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +1.4% | +38.4% | -14.9% |
| 2021 | +68.7% | +23.8% | +11.9% |
| 2020 | -33.7% | -11.7% | -8.6% |
| 2019 | +10.4% | -7.5% | +14.9% |
| 2018 | -15.6% | -3.1% | -10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Educational Arts Team with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Educational Arts Team allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $195K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided data.
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 Educational Arts Team's IRS 990 filings:
- Declining assets from $903,740 in 2021 to $768,972 in 2022, despite consistent revenue.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data.
- No information on executive compensation, which is a key transparency indicator.
Strengths
The following positive indicators were identified for Educational Arts Team:
- Consistent revenue generation over several years, indicating stable donor support or program income.
- The organization has maintained a positive net income in most years, suggesting financial stability.
- Long operational history (data from 2015-2022) suggests established presence and experience.
Frequently Asked Questions about Educational Arts Team
Is Educational Arts Team a legitimate charity?
Educational Arts Team (EIN: 222382747) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Educational Arts Team spend its money?
Educational Arts Team directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Educational Arts Team tax-deductible?
Educational Arts Team is registered as a tax-exempt nonprofit (EIN: 222382747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Educational Arts Team's spending goes to programs?
Educational Arts Team directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Educational Arts Team located?
Educational Arts Team is headquartered in Jersey City, New Jersey and files with the IRS under EIN 222382747.
How many years of IRS 990 filings does Educational Arts Team have?
Educational Arts Team 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 $1.7M in total revenue.
What does Educational Arts Team do?
Educational Arts Team is a nonprofit organization in the Unknown sector, located in Jersey City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Educational Arts Team have?
Educational Arts Team reported total revenue of $1,686,950. Based on 12 IRS 990 filings on record.
What are Educational Arts Team's total assets?
Educational Arts Team holds total assets of $751,458 as reported in IRS 990 filings.
Where is Educational Arts Team located?
Educational Arts Team is based in Jersey City, New Jersey.
What is Educational Arts Team's EIN?
Educational Arts Team's Employer Identification Number (EIN) is 222382747. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Educational Arts Team?
Educational Arts Team is classified under NTEE code Unknown (Unknown).
Is Educational Arts Team a registered 501(c)(3)?
Educational Arts Team appears in IRS records (EIN: 222382747). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Educational Arts Team file IRS Form 990?
Yes, Educational Arts Team has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Educational Arts Team's revenue in 2022?
In the 202212 filing period, Educational Arts Team reported total revenue of $908,424, total expenses of $1,103,658, and net assets of $768,972.
Is Educational Arts Team's revenue growing or declining?
Educational Arts Team's revenue is relatively stable. Revenue went from $895,928 (202112) to $908,424 (202212), a +1.4% change. Based on 12 filings on record.
What is Educational Arts Team's most recent 990 filing?
The most recent IRS Form 990 filing for Educational Arts Team covers tax period 202212. It shows revenue of $908,424, expenses of $1,103,658, total assets of $768,972, and liabilities of $99,723.
How much does Educational Arts Team spend on programs vs administration?
Based on IRS 990 analysis, Educational Arts Team allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Educational Arts Team a trustworthy charity?
Based on AI analysis of IRS 990 data, Educational Arts Team appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Educational Arts Team?
The following concerns were identified: Declining assets from $903,740 in 2021 to $768,972 in 2022, despite consistent revenue.. Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data.. No information on executive compensation, which is a key transparency indicator.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Educational Arts Team's strengths?
Positive indicators for Educational Arts Team include: Consistent revenue generation over several years, indicating stable donor support or program income.. The organization has maintained a positive net income in most years, suggesting financial stability.. Long operational history (data from 2015-2022) suggests established presence and experience.. These findings are derived from AI analysis of the organization's financial filings.
How does Educational Arts Team compensate executives?
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant decline in assets from 2021 to 2022, given the relatively stable revenue?
The provided data does not offer specific reasons for the asset decline, but it could be due to increased expenses not covered by revenue, significant capital expenditures, or investment losses. Further investigation into their detailed financial statements would be needed.
How does the organization ensure its mission is effectively supported without a clear breakdown of program spending?
Without a detailed breakdown of program spending, it's challenging to ascertain the direct impact and efficiency of their programs. While revenue is consistent, the allocation of funds towards mission-related activities versus overhead remains unclear from the provided data.
Filing History
IRS 990 filing history for Educational Arts Team showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Educational Arts Team's revenue has declined by 9.1%, moving from $999K to $908K. Total assets decreased by 10.4% over the same period, from $858K to $769K. Total functional expenses rose by 18.3%, from $933K to $1.1M. In its most recent filing year (2022), Educational Arts Team reported a deficit of $195K, with expenses exceeding revenue. The organization holds $100K in liabilities against $769K in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $669K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $908K | $1.1M | $769K | $100K | — | View 990 |
| 2021 | $896K | $797K | $904K | $45K | — | View 990 |
| 2020 | $531K | $644K | $808K | $48K | — | View 990 |
| 2019 | $801K | $729K | $883K | $5K | — | View 990 |
| 2018 | $726K | $788K | $768K | $9K | — | View 990 |
| 2017 | $860K | $814K | $857K | $624 | — | View 990 |
| 2016 | $825K | $832K | $819K | $21K | — | View 990 |
| 2015 | $795K | $804K | $799K | $5K | — | View 990 |
| 2014 | $878K | $835K | $855K | $27K | — | View 990 |
| 2013 | $792K | $945K | $794K | $0 | — | View 990 |
| 2012 | $966K | $893K | $946K | $0 | — | View 990 |
| 2011 | $999K | $933K | $858K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $908K, expenses of $1.1M, and assets of $769K (revenue +1.4% year-over-year).
- 2021: Revenue of $896K, expenses of $797K, and assets of $904K (revenue +68.7% year-over-year).
- 2020: Revenue of $531K, expenses of $644K, and assets of $808K (revenue -33.7% year-over-year).
- 2019: Revenue of $801K, expenses of $729K, and assets of $883K (revenue +10.4% year-over-year).
- 2018: Revenue of $726K, expenses of $788K, and assets of $768K (revenue -15.6% year-over-year).
- 2017: Revenue of $860K, expenses of $814K, and assets of $857K (revenue +4.2% year-over-year).
- 2016: Revenue of $825K, expenses of $832K, and assets of $819K (revenue +3.8% year-over-year).
- 2015: Revenue of $795K, expenses of $804K, and assets of $799K (revenue -9.4% year-over-year).
- 2014: Revenue of $878K, expenses of $835K, and assets of $855K (revenue +10.9% year-over-year).
- 2013: Revenue of $792K, expenses of $945K, and assets of $794K (revenue -18.1% year-over-year).
- 2012: Revenue of $966K, expenses of $893K, and assets of $946K (revenue -3.3% year-over-year).
- 2011: Revenue of $999K, expenses of $933K, and assets of $858K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Arts Team:
Data Sources and Methodology
This transparency report for Educational Arts Team 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.