Enterprise Zone Development Corp Of Vineland And Millville
Enterprise Zone Development Corp: Declining Revenue, High Liabilities
EIN: 222756826 · Vineland, NJ · NTEE: S310 · Updated: 2026-04-04
About Enterprise Zone Development Corp Of Vineland And Millville
Enterprise Zone Development Corp Of Vineland And Millville (EIN: 222756826) is a nonprofit organization based in Vineland, NJ, classified under NTEE code S310. The organization reported total revenue of $654K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enterprise Zone Development Corp Of Vineland And Millville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Enterprise Zone Development Corp Of Vineland And Millville with a Mission Score of 45 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Enterprise Zone Development Corp Of Vineland And Millville allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which warrants further investigation given the organization's operational history.
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 Enterprise Zone Development Corp Of Vineland And Millville's IRS 990 filings:
- Consistent 0% compensation reported, suggesting potential underreporting or an all-volunteer model not explicitly stated.
- Dramatic decrease in revenue from millions to thousands over recent years.
- High liabilities relative to assets and revenue in recent years, indicating potential financial instability.
Strengths
The following positive indicators were identified for Enterprise Zone Development Corp Of Vineland And Millville:
- Historically managed significant assets, peaking at over $66 million in 2016.
Frequently Asked Questions about Enterprise Zone Development Corp Of Vineland And Millville
What does Enterprise Zone Development Corp Of Vineland And Millville do?
Enterprise Zone Development Corp Of Vineland And Millville is a nonprofit organization in the Community Improvement sector, located in Vineland, New Jersey. It is classified under NTEE code S310.
How much revenue does Enterprise Zone Development Corp Of Vineland And Millville have?
Enterprise Zone Development Corp Of Vineland And Millville reported total revenue of $654,391. Based on 13 IRS 990 filings on record.
What are Enterprise Zone Development Corp Of Vineland And Millville's total assets?
Enterprise Zone Development Corp Of Vineland And Millville holds total assets of $26,191 as reported in IRS 990 filings.
Where is Enterprise Zone Development Corp Of Vineland And Millville located?
Enterprise Zone Development Corp Of Vineland And Millville is based in Vineland, New Jersey.
What is Enterprise Zone Development Corp Of Vineland And Millville's EIN?
Enterprise Zone Development Corp Of Vineland And Millville's Employer Identification Number (EIN) is 222756826. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Enterprise Zone Development Corp Of Vineland And Millville?
Enterprise Zone Development Corp Of Vineland And Millville is classified under NTEE code S310 (Community Improvement).
Is Enterprise Zone Development Corp Of Vineland And Millville a registered 501(c)(3)?
Yes, Enterprise Zone Development Corp Of Vineland And Millville is recognized as a tax-exempt organization by the IRS. EIN: 222756826.
Does Enterprise Zone Development Corp Of Vineland And Millville file IRS Form 990?
Yes, Enterprise Zone Development Corp Of Vineland And Millville has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Enterprise Zone Development Corp Of Vineland And Millville's revenue in 2023?
In the 202306 filing period, Enterprise Zone Development Corp Of Vineland And Millville reported total revenue of $25,180, total expenses of $25,195, and net assets of $15,886.
Is Enterprise Zone Development Corp Of Vineland And Millville's revenue growing or declining?
Enterprise Zone Development Corp Of Vineland And Millville's revenue is declining. Revenue went from $67,015 (202206) to $25,180 (202306), a -62.4% change. Based on 13 filings on record.
What is Enterprise Zone Development Corp Of Vineland And Millville's most recent 990 filing?
The most recent IRS Form 990 filing for Enterprise Zone Development Corp Of Vineland And Millville covers tax period 202306. It shows revenue of $25,180, expenses of $25,195, total assets of $15,886, and liabilities of $1,401.
Is Enterprise Zone Development Corp Of Vineland And Millville a trustworthy charity?
Based on AI analysis of IRS 990 data, Enterprise Zone Development Corp Of Vineland And Millville shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Enterprise Zone Development Corp Of Vineland And Millville?
The following concerns were identified: Consistent 0% compensation reported, suggesting potential underreporting or an all-volunteer model not explicitly stated.. Dramatic decrease in revenue from millions to thousands over recent years.. High liabilities relative to assets and revenue in recent years, indicating potential financial instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Enterprise Zone Development Corp Of Vineland And Millville's strengths?
Positive indicators for Enterprise Zone Development Corp Of Vineland And Millville include: Historically managed significant assets, peaking at over $66 million in 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Enterprise Zone Development Corp Of Vineland And Millville compensate executives?
Executive compensation is reported as $0 across all available filings, which warrants further investigation given the organization's operational history. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation and the drastic decline in revenue, what is the current operational model and primary activities of the Enterprise Zone Development Corp?
The data suggests a significant shift or reduction in operations, potentially moving to an all-volunteer model or becoming largely inactive, which would need to be confirmed by direct inquiry or more detailed filings.
What is the nature of the substantial liabilities reported, especially in years with minimal revenue and assets, and how are they being managed?
The consistent presence of liabilities, such as $1,401 in 2023, despite minimal revenue and assets, suggests ongoing financial obligations that are not being offset by operational income, potentially indicating long-term debt or outstanding payables.
Filing History
IRS 990 filing history for Enterprise Zone Development Corp Of Vineland And Millville showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Enterprise Zone Development Corp Of Vineland And Millville's revenue has declined by 99.3%, moving from $3.5M to $25K. Total assets decreased by 100% over the same period, from $81.4M to $16K. Total functional expenses fell by 99.4%, from $4.1M to $25K. In its most recent filing year (2023), Enterprise Zone Development Corp Of Vineland And Millville reported a deficit of $15, with expenses exceeding revenue. The organization holds $1K in liabilities against $16K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $25K | $16K | $1K | — | View 990 |
| 2022 | $67K | $67K | $21K | $6K | — | View 990 |
| 2021 | $66K | $65K | $34K | $20K | — | — |
| 2020 | $61K | $61K | $33K | $18K | — | View 990 |
| 2019 | $4.4M | $10.7M | $59.9M | $1.3M | — | View 990 |
| 2018 | $2.0M | $1.9M | $65.2M | $330K | — | — |
| 2017 | $2.4M | $3.9M | $65.1M | $355K | — | View 990 |
| 2016 | $2.6M | $3.2M | $66.5M | $291K | — | View 990 |
| 2015 | $2.3M | $2.2M | $67.1M | $316K | — | View 990 |
| 2014 | $2.7M | $3.0M | $67.2M | $365K | — | View 990 |
| 2013 | $3.9M | $828K | $67.3M | $163K | — | View 990 |
| 2012 | $3.0M | $16.7M | $64.1M | $44K | — | View 990 |
| 2011 | $3.5M | $4.1M | $81.4M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $25K, and assets of $16K (revenue -62.4% year-over-year).
- 2022: Revenue of $67K, expenses of $67K, and assets of $21K (revenue +2.2% year-over-year).
- 2021: Revenue of $66K, expenses of $65K, and assets of $34K (revenue +6.7% year-over-year).
- 2020: Revenue of $61K, expenses of $61K, and assets of $33K (revenue -98.6% year-over-year).
- 2019: Revenue of $4.4M, expenses of $10.7M, and assets of $59.9M (revenue +119.4% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.9M, and assets of $65.2M (revenue -16.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $3.9M, and assets of $65.1M (revenue -8.7% year-over-year).
- 2016: Revenue of $2.6M, expenses of $3.2M, and assets of $66.5M (revenue +15.7% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $67.1M (revenue -15.0% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.0M, and assets of $67.2M (revenue -31.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $828K, and assets of $67.3M (revenue +29.3% year-over-year).
- 2012: Revenue of $3.0M, expenses of $16.7M, and assets of $64.1M (revenue -13.0% year-over-year).
- 2011: Revenue of $3.5M, expenses of $4.1M, and assets of $81.4M.
Data Sources and Methodology
This transparency report for Enterprise Zone Development Corp Of Vineland And Millville 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.