Employers Association Of New Jersey
Employers Association Of New Jersey faces recent deficits with expenses exceeding revenue in two consecutive years.
EIN: 220891760 · Livingston, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $1.6M |
| Program Spending | 75% |
| Net Assets | $5.7M |
| Transparency Score | 65/100 |
Is Employers Association Of New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Employers Association Of New Jersey directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Employers Association Of New Jersey
Employers Association Of New Jersey (EIN: 220891760) is a nonprofit organization based in Livingston, NJ. The organization reported total revenue of $3.4M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Employers Association Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Employers Association Of New Jersey is a mid-size nonprofit that has been operating for 84 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-508,294 |
| Total Assets | $6.3M |
| Total Liabilities | $676K |
| Net Assets | $5.7M |
| Operating Margin | -44.9% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 46.3 months |
Financial Health Grade: B
In 2023, Employers Association Of New Jersey reported a deficit of $508K with expenses exceeding revenue, holds 46.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Employers Association Of New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.3% | -11.1% | -0.2% |
| 2022 | -63.0% | +4.8% | -27.3% |
| 2021 | -15.7% | -14.6% | +7.6% |
| 2020 | +4.8% | +26.2% | +73.6% |
| 2018 | +38.7% | +7.9% | +22.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Employers Association Of New Jersey with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Employers Association Of New Jersey allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $508K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.7%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, which is highly unusual for an organization of its size with millions in revenue and assets. This suggests either a unique compensation structure where officers are not compensated, or that compensation is reported under different categories, requiring further scrutiny.
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 Employers Association Of New Jersey's IRS 990 filings:
- Expenses consistently exceeding revenue in recent fiscal periods (202212 and 202312).
- Significant decline in total assets over the past two years (from $8.7M in 202112 to $6.3M in 202312).
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this scale and warrants further investigation.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Employers Association Of New Jersey:
- Consistent filing of IRS 990s over many years, indicating regulatory compliance and transparency.
- Historically strong revenue generation, with latest revenue at $3,431,733 and previous periods showing over $2.5M.
- Substantial asset base ($6,648,056) providing a buffer, despite recent declines.
Frequently Asked Questions about Employers Association Of New Jersey
Is Employers Association Of New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Employers Association Of New Jersey (EIN: 220891760) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Employers Association Of New Jersey spend its money?
Employers Association Of New Jersey directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Employers Association Of New Jersey tax-deductible?
Employers Association Of New Jersey is registered as a tax-exempt nonprofit (EIN: 220891760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Employers Association Of New Jersey's spending goes to programs?
Employers Association Of New Jersey directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Employers Association Of New Jersey located?
Employers Association Of New Jersey is headquartered in Livingston, New Jersey and files with the IRS under EIN 220891760.
How many years of IRS 990 filings does Employers Association Of New Jersey have?
Employers Association Of New Jersey has 11 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 $3.4M in total revenue.
Why have expenses exceeded revenue in the 202212 and 202312 fiscal periods?
In 202312, expenses were $1,639,439 against revenue of $1,131,145, and in 202212, expenses were $1,844,188 against revenue of $940,094. This trend of deficit spending needs clarification regarding its sustainability and impact on the organization's mission.
What caused the significant decrease in assets from $8,717,585 in 202112 to $6,326,309 in 202312?
The nearly $2.4 million reduction in assets over two years, alongside recent operating deficits, suggests potential asset utilization or investment challenges that warrant further examination.
How is executive compensation handled if 0% is reported for officer compensation?
Given the organization's size, it's uncommon for officers to receive no compensation. Further detail is needed to understand if compensation is paid to key employees not classified as officers, or if there's another explanation for this consistent reporting.
What is the breakdown of program, administrative, and fundraising expenses?
Without a detailed functional expense statement, it's difficult to assess the efficiency of spending and how much directly supports the organization's stated mission. This information is crucial for evaluating financial health and program focus.
Filing History
IRS 990 filing history for Employers Association Of New Jersey showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Employers Association Of New Jersey's revenue has grown by 8.8%, moving from $1.0M to $1.1M. Total assets increased by 393% over the same period, from $1.3M to $6.3M. Total functional expenses rose by 45%, from $1.1M to $1.6M. In its most recent filing year (2023), Employers Association Of New Jersey reported a deficit of $508K, with expenses exceeding revenue. The organization holds $676K in liabilities against $6.3M in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.6M | $6.3M | $676K | — | — |
| 2022 | $940K | $1.8M | $6.3M | $834K | — | View 990 |
| 2021 | $2.5M | $1.8M | $8.7M | $677K | — | View 990 |
| 2020 | $3.0M | $2.1M | $8.1M | $1.5M | — | View 990 |
| 2018 | $2.9M | $1.6M | $4.7M | $1.5M | — | View 990 |
| 2017 | $2.1M | $1.5M | $3.8M | $1.6M | — | View 990 |
| 2015 | $1.5M | $1.4M | $1.8M | $734K | — | View 990 |
| 2014 | $1.3M | $1.3M | $1.7M | $726K | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.4M | $465K | — | View 990 |
| 2012 | $1.1M | $1.1M | $1.3M | $448K | — | View 990 |
| 2011 | $1.0M | $1.1M | $1.3M | $440K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.6M, and assets of $6.3M (revenue +20.3% year-over-year).
- 2022: Revenue of $940K, expenses of $1.8M, and assets of $6.3M (revenue -63.0% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.8M, and assets of $8.7M (revenue -15.7% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.1M, and assets of $8.1M (revenue +4.8% year-over-year).
- 2018: Revenue of $2.9M, expenses of $1.6M, and assets of $4.7M (revenue +38.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.5M, and assets of $3.8M (revenue +34.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $1.8M (revenue +14.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M (revenue +12.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue +11.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +3.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.1M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Employers Association Of New Jersey:
Data Sources and Methodology
This transparency report for Employers Association Of New Jersey 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.