Greater Newark Conservancy Inc
Greater Newark Conservancy: Navigating Financial Fluctuations Amidst Community Impact
EIN: 222691309 · Newark, NJ · NTEE: C500 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $2.0M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $12.3M |
| Transparency Score | 75/100 |
Is Greater Newark Conservancy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Newark Conservancy Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Greater Newark Conservancy Inc
Greater Newark Conservancy Inc (EIN: 222691309) is a nonprofit organization based in Newark, NJ, classified under NTEE code C500. The organization reported total revenue of $1.8M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Newark Conservancy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Newark Conservancy Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-569,025 |
| Total Assets | $12.5M |
| Total Liabilities | $187K |
| Net Assets | $12.3M |
| Operating Margin | -38.6% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 73.5 months |
Financial Health Grade: B
In 2023, Greater Newark Conservancy Inc reported a deficit of $569K with expenses exceeding revenue, holds 73.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Newark Conservancy Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.3% | +7.7% | -4.1% |
| 2022 | +51.3% | +20.3% | +1.2% |
| 2021 | -56.3% | -5.1% | -1.6% |
| 2020 | +0.6% | -20.6% | +14.0% |
| 2019 | +63.3% | -5.6% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Greater Newark Conservancy Inc 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Greater Newark Conservancy Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $569K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, with filings consistently reporting $0 for compensation from unrelated organizations, suggesting further investigation into direct compensation from the Conservancy is needed.
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 Greater Newark Conservancy Inc's IRS 990 filings:
- Revenue has shown significant fluctuations over the past few years, from a high of $3,196,672 in 2020 to $1,475,145 in 2023, which could impact program stability.
- Expenses have exceeded revenue in several years (e.g., 2023: revenue $1,475,145 vs. expenses $2,044,170), indicating a reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Greater Newark Conservancy Inc:
- The organization maintains substantial assets, with $12,527,506 in 2023, providing a strong financial foundation.
- Consistent reporting of financial data through Form 990s demonstrates a commitment to transparency.
- Despite revenue fluctuations, the organization has consistently managed to maintain its asset base, indicating sound financial management over the long term.
Frequently Asked Questions about Greater Newark Conservancy Inc
Is Greater Newark Conservancy Inc a legitimate charity?
Greater Newark Conservancy Inc (EIN: 222691309) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Greater Newark Conservancy Inc spend its money?
Greater Newark Conservancy Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Greater Newark Conservancy Inc tax-deductible?
Greater Newark Conservancy Inc is registered as a tax-exempt nonprofit (EIN: 222691309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Newark Conservancy Inc CEO make?
Greater Newark Conservancy Inc's highest-compensated officer earns $0 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Newark Conservancy Inc's spending goes to programs?
Greater Newark Conservancy Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Greater Newark Conservancy Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Greater Newark Conservancy Inc is above average for NTEE category C500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Newark Conservancy Inc located?
Greater Newark Conservancy Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 222691309. It is classified under NTEE code C500.
How many years of IRS 990 filings does Greater Newark Conservancy Inc have?
Greater Newark Conservancy Inc has 13 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 $1.8M in total revenue.
What does Greater Newark Conservancy Inc do?
Greater Newark Conservancy Inc is a nonprofit organization in the Environment sector, located in Newark, New Jersey. It is classified under NTEE code C500.
How much revenue does Greater Newark Conservancy Inc have?
Greater Newark Conservancy Inc reported total revenue of $1,830,561. Based on 13 IRS 990 filings on record.
What are Greater Newark Conservancy Inc's total assets?
Greater Newark Conservancy Inc holds total assets of $13,459,483 as reported in IRS 990 filings.
Where is Greater Newark Conservancy Inc located?
Greater Newark Conservancy Inc is based in Newark, New Jersey.
What is Greater Newark Conservancy Inc's EIN?
Greater Newark Conservancy Inc's Employer Identification Number (EIN) is 222691309. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greater Newark Conservancy Inc?
Greater Newark Conservancy Inc is classified under NTEE code C500 (Environment).
Is Greater Newark Conservancy Inc a registered 501(c)(3)?
Yes, Greater Newark Conservancy Inc is recognized as a tax-exempt organization by the IRS. EIN: 222691309.
Does Greater Newark Conservancy Inc file IRS Form 990?
Yes, Greater Newark Conservancy Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Greater Newark Conservancy Inc's revenue in 2023?
In the 202306 filing period, Greater Newark Conservancy Inc reported total revenue of $1,475,145, total expenses of $2,044,170, and net assets of $12,527,506.
Is Greater Newark Conservancy Inc's revenue growing or declining?
Greater Newark Conservancy Inc's revenue is declining. Revenue went from $2,115,520 (202206) to $1,475,145 (202306), a -30.3% change. Based on 13 filings on record.
What is Greater Newark Conservancy Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greater Newark Conservancy Inc covers tax period 202306. It shows revenue of $1,475,145, expenses of $2,044,170, total assets of $12,527,506, and liabilities of $187,096.
How much does Greater Newark Conservancy Inc spend on programs vs administration?
Based on IRS 990 analysis, Greater Newark Conservancy Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Greater Newark Conservancy Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greater Newark Conservancy Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Greater Newark Conservancy Inc?
The following concerns were identified: Revenue has shown significant fluctuations over the past few years, from a high of $3,196,672 in 2020 to $1,475,145 in 2023, which could impact program stability.. Expenses have exceeded revenue in several years (e.g., 2023: revenue $1,475,145 vs. expenses $2,044,170), indicating a reliance on reserves or other funding sources.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Greater Newark Conservancy Inc's strengths?
Positive indicators for Greater Newark Conservancy Inc include: The organization maintains substantial assets, with $12,527,506 in 2023, providing a strong financial foundation.. Consistent reporting of financial data through Form 990s demonstrates a commitment to transparency.. Despite revenue fluctuations, the organization has consistently managed to maintain its asset base, indicating sound financial management over the long term.. These findings are derived from AI analysis of the organization's financial filings.
How does Greater Newark Conservancy Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, with filings consistently reporting $0 for compensation from unrelated organizations, suggesting further investigation into direct compensation from the Conservancy is needed. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Greater Newark Conservancy manage to sustain its operations and asset base despite periods where expenses significantly exceed revenue, such as in 2023 where expenses were $2,044,170 against revenues of $1,475,145?
The Conservancy likely utilizes its substantial accumulated assets (e.g., $12,527,506 in 2023) to cover operational deficits during years when expenses outpace revenue, ensuring program continuity and long-term stability.
Filing History
IRS 990 filing history for Greater Newark Conservancy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Newark Conservancy Inc's revenue has declined by 20.5%, moving from $1.9M to $1.5M. Total assets increased by 20% over the same period, from $10.4M to $12.5M. Total functional expenses rose by 21.3%, from $1.7M to $2.0M. In its most recent filing year (2023), Greater Newark Conservancy Inc reported a deficit of $569K, with expenses exceeding revenue. The organization holds $187K in liabilities against $12.5M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $12.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $2.0M | $12.5M | $187K | — | View 990 |
| 2022 | $2.1M | $1.9M | $13.1M | $169K | — | View 990 |
| 2021 | $1.4M | $1.6M | $12.9M | $190K | — | View 990 |
| 2020 | $3.2M | $1.7M | $13.1M | $222K | — | View 990 |
| 2019 | $3.2M | $2.1M | $11.5M | $140K | — | View 990 |
| 2018 | $1.9M | $2.2M | $10.4M | $120K | — | View 990 |
| 2017 | $2.0M | $2.4M | $10.5M | $166K | — | View 990 |
| 2016 | $1.9M | $2.1M | $11.2M | $522K | — | View 990 |
| 2015 | $3.2M | $2.1M | $11.6M | $494K | — | View 990 |
| 2014 | $2.4M | $2.2M | $11.0M | $1.0M | — | View 990 |
| 2013 | $1.8M | $1.9M | $10.3M | $590K | — | View 990 |
| 2012 | $1.8M | $1.8M | $10.4M | $575K | — | View 990 |
| 2011 | $1.9M | $1.7M | $10.4M | $636K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $2.0M, and assets of $12.5M (revenue -30.3% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.9M, and assets of $13.1M (revenue +51.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.6M, and assets of $12.9M (revenue -56.3% year-over-year).
- 2020: Revenue of $3.2M, expenses of $1.7M, and assets of $13.1M (revenue +0.6% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.1M, and assets of $11.5M (revenue +63.3% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.2M, and assets of $10.4M (revenue -0.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.4M, and assets of $10.5M (revenue +5.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.1M, and assets of $11.2M (revenue -41.3% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.1M, and assets of $11.6M (revenue +30.2% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $11.0M (revenue +32.9% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $10.3M (revenue +4.6% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $10.4M (revenue -5.3% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Newark Conservancy Inc:
Data Sources and Methodology
This transparency report for Greater Newark Conservancy 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.