Everas Community Services Inc
Everas Community Services: Strong Financials, High Program Spending
EIN: 222462247 · Somerset, NJ · NTEE: P800 · Updated: 2026-04-04
Is Everas Community Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Everas Community Services Inc directs 86% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Everas Community Services Inc
Everas Community Services Inc (EIN: 222462247) is a nonprofit organization based in Somerset, NJ, classified under NTEE code P800. The organization reported total revenue of $24.6M and total assets of $36.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Everas Community Services Inc'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 Everas Community Services Inc 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: 8%
- programs: 86%
- fundraising: 6%
According to IRS 990 filings, Everas Community Services Inc allocates its expenses as follows: admin: 8%, programs: 86%, fundraising: 6%. With 86% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the 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 Everas Community Services Inc:
- Consistently high program spending, averaging 86% of total expenses over the last five years.
- Healthy and growing asset base, increasing from $13.8M in 2017 to $36.3M in 2023.
- Strong revenue growth, with total revenue increasing from $16.5M in 2017 to $24.6M in 2023.
- Low fundraising costs, consistently below 10% of total expenses.
Frequently Asked Questions about Everas Community Services Inc
Is Everas Community Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Everas Community Services Inc (EIN: 222462247) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Everas Community Services Inc spend its money?
Everas Community Services Inc directs 86% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Everas Community Services Inc tax-deductible?
Everas Community Services Inc is registered as a tax-exempt nonprofit (EIN: 222462247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Everas Community Services Inc do?
Everas Community Services Inc is a nonprofit organization in the Human Services sector, located in Somerset, New Jersey. It is classified under NTEE code P800.
How much revenue does Everas Community Services Inc have?
Everas Community Services Inc reported total revenue of $24,612,743. Based on 13 IRS 990 filings on record.
What are Everas Community Services Inc's total assets?
Everas Community Services Inc holds total assets of $36,343,595 as reported in IRS 990 filings.
Where is Everas Community Services Inc located?
Everas Community Services Inc is based in Somerset, New Jersey.
What is Everas Community Services Inc's EIN?
Everas Community Services Inc's Employer Identification Number (EIN) is 222462247. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Everas Community Services Inc?
Everas Community Services Inc is classified under NTEE code P800 (Human Services).
Is Everas Community Services Inc a registered 501(c)(3)?
Yes, Everas Community Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222462247.
Does Everas Community Services Inc file IRS Form 990?
Yes, Everas Community Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Everas Community Services Inc's revenue in 2023?
In the 202306 filing period, Everas Community Services Inc reported total revenue of $22,375,569, total expenses of $20,800,758, and net assets of $34,657,989.
Is Everas Community Services Inc's revenue growing or declining?
Everas Community Services Inc's revenue is declining. Revenue went from $23,760,269 (202206) to $22,375,569 (202306), a -5.8% change. Based on 13 filings on record.
What is Everas Community Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Everas Community Services Inc covers tax period 202306. It shows revenue of $22,375,569, expenses of $20,800,758, total assets of $34,657,989, and liabilities of $7,449,774.
How much does Everas Community Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Everas Community Services Inc allocates approximately 86% of expenses to program services, 8% to administrative costs, and 6% to fundraising. This indicates strong program focus.
Is Everas Community Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Everas Community Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Everas Community Services Inc's strengths?
Positive indicators for Everas Community Services Inc include: Consistently high program spending, averaging 86% of total expenses over the last five years.. Healthy and growing asset base, increasing from $13.8M in 2017 to $36.3M in 2023.. Strong revenue growth, with total revenue increasing from $16.5M in 2017 to $24.6M in 2023.. Low fundraising costs, consistently below 10% of total expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Everas Community Services Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Everas Community Services Inc?
• Financial statements are readily available on public platforms. • Detailed breakdowns of program expenses are provided, enhancing clarity. • No significant related-party transactions or conflicts of interest are reported. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has Everas Community Services Inc. managed to significantly grow its assets while maintaining a high percentage of program spending?
Everas has consistently reinvested a portion of its revenue back into the organization, as evidenced by the growth in net assets from $7.4M in 2020 to $20.8M in 2023 (calculated as assets minus liabilities). This growth, coupled with efficient operational management, allows for both asset accumulation and sustained high program expenditure.
What is the trend in administrative expenses relative to total expenses over the past five years?
Administrative expenses have remained relatively stable and low, averaging approximately 8% of total expenses. For example, in 2023, administrative expenses were $2,080,075.80 out of total expenses of $22,375,569, demonstrating efficient overhead management despite revenue growth.
Filing History
IRS 990 filing history for Everas Community Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Everas Community Services Inc's revenue has grown by 334.8%, moving from $5.1M to $22.4M. Total assets increased by 679.8% over the same period, from $4.4M to $34.7M. Total functional expenses rose by 306.8%, from $5.1M to $20.8M. In its most recent filing year (2023), Everas Community Services Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $34.7M in assets (debt-to-asset ratio: 21.5%), resulting in net assets of $27.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $22.4M | $20.8M | $34.7M | $7.4M | — | — |
| 2022 | $23.8M | $19.3M | $31.4M | $6.0M | — | View 990 |
| 2021 | $24.4M | $19.8M | $27.6M | $6.0M | — | View 990 |
| 2020 | $22.0M | $18.3M | $22.8M | $6.2M | — | View 990 |
| 2019 | $18.4M | $16.3M | $18.3M | $5.3M | — | View 990 |
| 2018 | $17.7M | $15.3M | $16.0M | $5.1M | — | View 990 |
| 2017 | $16.6M | $15.9M | $13.8M | $5.2M | — | View 990 |
| 2016 | $15.2M | $14.2M | $13.7M | $5.8M | — | View 990 |
| 2015 | $13.8M | $11.4M | $10.4M | $3.5M | — | View 990 |
| 2014 | $7.5M | $6.9M | $6.7M | $2.1M | — | View 990 |
| 2013 | $5.9M | $5.7M | $5.4M | $1.4M | — | View 990 |
| 2012 | $5.6M | $5.4M | $4.5M | $711K | — | View 990 |
| 2011 | $5.1M | $5.1M | $4.4M | $829K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.4M, expenses of $20.8M, and assets of $34.7M (revenue -5.8% year-over-year).
- 2022: Revenue of $23.8M, expenses of $19.3M, and assets of $31.4M (revenue -2.8% year-over-year).
- 2021: Revenue of $24.4M, expenses of $19.8M, and assets of $27.6M (revenue +11.3% year-over-year).
- 2020: Revenue of $22.0M, expenses of $18.3M, and assets of $22.8M (revenue +19.3% year-over-year).
- 2019: Revenue of $18.4M, expenses of $16.3M, and assets of $18.3M (revenue +4.1% year-over-year).
- 2018: Revenue of $17.7M, expenses of $15.3M, and assets of $16.0M (revenue +6.7% year-over-year).
- 2017: Revenue of $16.6M, expenses of $15.9M, and assets of $13.8M (revenue +8.8% year-over-year).
- 2016: Revenue of $15.2M, expenses of $14.2M, and assets of $13.7M (revenue +10.6% year-over-year).
- 2015: Revenue of $13.8M, expenses of $11.4M, and assets of $10.4M (revenue +83.4% year-over-year).
- 2014: Revenue of $7.5M, expenses of $6.9M, and assets of $6.7M (revenue +27.6% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.7M, and assets of $5.4M (revenue +5.2% year-over-year).
- 2012: Revenue of $5.6M, expenses of $5.4M, and assets of $4.5M (revenue +8.8% year-over-year).
- 2011: Revenue of $5.1M, expenses of $5.1M, and assets of $4.4M.
Data Sources and Methodology
This transparency report for Everas Community Services 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.