Health Sciences Library Assoc Of New Jersey
Health Sciences Library Assoc of New Jersey: Consistent Revenue, Lean Operations
EIN: 222405226 · Wilmington, DE · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| Net Assets | $465K |
| Transparency Score | 75/100 |
Is Health Sciences Library Assoc 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 →
Health Sciences Library Assoc Of New Jersey directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health Sciences Library Assoc Of New Jersey
Health Sciences Library Assoc Of New Jersey (EIN: 222405226) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $2.9M and total assets of $465K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Sciences Library Assoc Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Sciences Library Assoc Of New Jersey is a mid-size nonprofit that has been operating for 40 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$175K |
| Total Assets | $465K |
| Net Assets | $465K |
| Operating Margin | 6.1% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2020, Health Sciences Library Assoc Of New Jersey reported a surplus of $175K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2012–2020), Health Sciences Library Assoc Of New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +6.1% | -3.8% | +60.3% |
| 2019 | -11.2% | -4.2% | -24.4% |
| 2018 | +5.9% | -0.6% | +48.0% |
| 2017 | +8.9% | +12.6% | -18.8% |
| 2016 | +5.2% | +6.6% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Health Sciences Library Assoc Of New Jersey 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Health Sciences Library Assoc Of New Jersey allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $175K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available 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 Health Sciences Library Assoc Of New Jersey's IRS 990 filings:
- Lack of detailed program spending breakdown beyond general expenses.
- Absence of specific executive compensation figures in the provided data.
Strengths
The following positive indicators were identified for Health Sciences Library Assoc Of New Jersey:
- Consistent revenue generation over the past decade, averaging over $2.5 million annually.
- Healthy asset growth from $90,057 in 2013 to $465,254 in 2020, indicating financial stability.
- Expenses consistently below revenue, demonstrating sound financial management.
Frequently Asked Questions about Health Sciences Library Assoc Of New Jersey
Is Health Sciences Library Assoc Of New Jersey a legitimate charity?
Health Sciences Library Assoc Of New Jersey (EIN: 222405226) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Health Sciences Library Assoc Of New Jersey spend its money?
Health Sciences Library Assoc Of New Jersey directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Health Sciences Library Assoc Of New Jersey tax-deductible?
Health Sciences Library Assoc Of New Jersey is registered as a tax-exempt nonprofit (EIN: 222405226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Health Sciences Library Assoc Of New Jersey's spending goes to programs?
Health Sciences Library Assoc Of New Jersey directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Health Sciences Library Assoc Of New Jersey located?
Health Sciences Library Assoc Of New Jersey is headquartered in Wilmington, Delaware and files with the IRS under EIN 222405226.
How many years of IRS 990 filings does Health Sciences Library Assoc Of New Jersey have?
Health Sciences Library Assoc Of New Jersey has 9 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 $2.9M in total revenue.
What does Health Sciences Library Assoc Of New Jersey do?
Health Sciences Library Assoc Of New Jersey is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does Health Sciences Library Assoc Of New Jersey have?
Health Sciences Library Assoc Of New Jersey reported total revenue of $2,860,015. Based on 9 IRS 990 filings on record.
What are Health Sciences Library Assoc Of New Jersey's total assets?
Health Sciences Library Assoc Of New Jersey holds total assets of $465,254 as reported in IRS 990 filings.
Where is Health Sciences Library Assoc Of New Jersey located?
Health Sciences Library Assoc Of New Jersey is based in Wilmington, Delaware.
What is Health Sciences Library Assoc Of New Jersey's EIN?
Health Sciences Library Assoc Of New Jersey's Employer Identification Number (EIN) is 222405226. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Health Sciences Library Assoc Of New Jersey?
Health Sciences Library Assoc Of New Jersey is classified under NTEE code Unknown (Unknown).
Is Health Sciences Library Assoc Of New Jersey a registered 501(c)(3)?
Health Sciences Library Assoc Of New Jersey appears in IRS records (EIN: 222405226). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Health Sciences Library Assoc Of New Jersey file IRS Form 990?
Yes, Health Sciences Library Assoc Of New Jersey has 9 IRS Form 990 filings on record. The most recent covers tax period 202003.
What was Health Sciences Library Assoc Of New Jersey's revenue in 2020?
In the 202003 filing period, Health Sciences Library Assoc Of New Jersey reported total revenue of $2,860,015, total expenses of $2,684,921, and net assets of $465,254.
Is Health Sciences Library Assoc Of New Jersey's revenue growing or declining?
Health Sciences Library Assoc Of New Jersey's revenue is growing. Revenue went from $2,696,568 (201903) to $2,860,015 (202003), a +6.1% change. Based on 9 filings on record.
What is Health Sciences Library Assoc Of New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Health Sciences Library Assoc Of New Jersey covers tax period 202003. It shows revenue of $2,860,015, expenses of $2,684,921, total assets of $465,254, and liabilities of N/A.
How much does Health Sciences Library Assoc Of New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Health Sciences Library Assoc Of New Jersey allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Health Sciences Library Assoc Of New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Health Sciences Library Assoc Of New Jersey appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Health Sciences Library Assoc Of New Jersey?
The following concerns were identified: Lack of detailed program spending breakdown beyond general expenses.. Absence of specific executive compensation figures in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Health Sciences Library Assoc Of New Jersey's strengths?
Positive indicators for Health Sciences Library Assoc Of New Jersey include: Consistent revenue generation over the past decade, averaging over $2.5 million annually.. Healthy asset growth from $90,057 in 2013 to $465,254 in 2020, indicating financial stability.. Expenses consistently below revenue, demonstrating sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Health Sciences Library Assoc Of New Jersey compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Health Sciences Library Assoc Of New Jersey?
• Financial data consistently reported across multiple years. • No specific transparency report or detailed program breakdown readily available in provided data. • Compensation details for key employees are not provided in the given data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what are the primary programs or services that account for the majority of the 'expenses' (e.g., $2,684,921 in 2020)?
The provided data only lists total expenses. Without further breakdown, it's unclear how the $2,684,921 in 2020 expenses are allocated across specific programs, administrative overhead, or fundraising activities.
How does the organization manage to maintain such consistent revenue streams year over year, with minimal fluctuations?
The consistent revenue, hovering around $2.5-$3 million annually, suggests stable funding sources, potentially from membership fees, recurring grants, or a consistent service model. Further investigation into their funding model would be required to understand this stability.
Filing History
IRS 990 filing history for Health Sciences Library Assoc Of New Jersey showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Health Sciences Library Assoc Of New Jersey's revenue has grown by 123%, moving from $1.3M to $2.9M. Total assets increased by 412.8% over the same period, from $91K to $465K. Total functional expenses rose by 116.4%, from $1.2M to $2.7M. In its most recent filing year (2020), Health Sciences Library Assoc Of New Jersey reported a surplus of $175K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.9M | $2.7M | $465K | $0 | — | — |
| 2019 | $2.7M | $2.8M | $290K | $0 | — | View 990 |
| 2018 | $3.0M | $2.9M | $384K | $0 | — | View 990 |
| 2017 | $2.9M | $2.9M | $259K | $0 | — | View 990 |
| 2016 | $2.6M | $2.6M | $319K | $0 | — | View 990 |
| 2015 | $2.5M | $2.4M | $286K | $0 | — | View 990 |
| 2014 | $2.3M | $2.2M | $222K | $0 | — | View 990 |
| 2013 | $1.8M | $1.8M | $90K | $0 | — | View 990 |
| 2012 | $1.3M | $1.2M | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.9M, expenses of $2.7M, and assets of $465K (revenue +6.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.8M, and assets of $290K (revenue -11.2% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.9M, and assets of $384K (revenue +5.9% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.9M, and assets of $259K (revenue +8.9% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.6M, and assets of $319K (revenue +5.2% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.4M, and assets of $286K (revenue +8.3% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $222K (revenue +25.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $90K (revenue +44.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Sciences Library Assoc Of New Jersey:
Data Sources and Methodology
This transparency report for Health Sciences Library Assoc 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.