Hogar Crea International Of New Jersey Inc
Hogar Crea International Of New Jersey Inc - Transparent Spending and Mission Alignment
EIN: 223188864 · Newark, NJ · NTEE: F20 · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $620K |
| Total Expenses | $801K |
| Program Spending | 55% |
| CEO/Top Officer Pay | $145,208 |
| Net Assets | $-128,303 |
| Transparency Score | 85/100 |
Is Hogar Crea International Of New Jersey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hogar Crea International Of New Jersey Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Hogar Crea International Of New Jersey Inc
Hogar Crea International Of New Jersey Inc (EIN: 223188864) is a nonprofit organization based in Newark, NJ, classified under NTEE code F20. The organization reported total revenue of $620K and total assets of $145K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hogar Crea International Of New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hogar Crea International Of New Jersey Inc is a small nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $620K |
| Total Expenses | $801K |
| Surplus / Deficit | $-181,921 |
| Total Assets | $145K |
| Total Liabilities | $274K |
| Net Assets | $-128,303 |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 188.4% |
| Months of Reserves | 2.2 months |
Financial Health Grade: D
In 2023, Hogar Crea International Of New Jersey Inc reported a deficit of $182K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 188.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Hogar Crea International Of New Jersey Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.5% | +47.7% | -26.7% |
| 2022 | +38.0% | +54.9% | -34.1% |
| 2021 | -45.8% | -37.3% | +5.8% |
| 2020 | -11.4% | -12.8% | -8.5% |
| 2019 | -14.1% | -8.6% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Hogar Crea International Of New Jersey 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: 20%
- programs: 55%
- fundraising: 25%
According to IRS 990 filings, Hogar Crea International Of New Jersey Inc allocates its expenses as follows: admin: 20%, programs: 55%, fundraising: 25%. Approximately 55% 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 $182K, with expenses exceeding revenue.
- Debt-to-asset ratio: 188.4%.
Executive Compensation Analysis
Executive compensation has remained stable at $145,208 over the past 7 years, indicating a focus on mission over personal gain.
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 Hogar Crea International Of New Jersey Inc's IRS 990 filings:
- The organization has maintained a consistent fundraising percentage, indicating a strategic approach to growth.
Strengths
The following positive indicators were identified for Hogar Crea International Of New Jersey Inc:
- The organization has shown a strong commitment to its mission, with program spending increasing steadily over the years.
Frequently Asked Questions about Hogar Crea International Of New Jersey Inc
Is Hogar Crea International Of New Jersey Inc a legitimate charity?
Hogar Crea International Of New Jersey Inc (EIN: 223188864) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $620K. 1 red flag identified. 1 strength noted. Financial health grade: D.
How does Hogar Crea International Of New Jersey Inc spend its money?
Hogar Crea International Of New Jersey Inc directs 55% of its spending to programs and services. Fundraising costs 25%. This falls below the 65% benchmark.
Are donations to Hogar Crea International Of New Jersey Inc tax-deductible?
Hogar Crea International Of New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 223188864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hogar Crea International Of New Jersey Inc CEO make?
Hogar Crea International Of New Jersey Inc's highest-compensated officer earns $145,208 annually. The organization reported $620K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hogar Crea International Of New Jersey Inc's spending goes to programs?
Hogar Crea International Of New Jersey Inc directs 55% to programs, 25% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Hogar Crea International Of New Jersey Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hogar Crea International Of New Jersey Inc is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hogar Crea International Of New Jersey Inc located?
Hogar Crea International Of New Jersey Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 223188864. It is classified under NTEE code F20.
How many years of IRS 990 filings does Hogar Crea International Of New Jersey Inc have?
Hogar Crea International Of New Jersey Inc has 12 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 $620K in total revenue.
What does Hogar Crea International Of New Jersey Inc do?
Hogar Crea International Of New Jersey Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Newark, New Jersey. It is classified under NTEE code F20.
How much revenue does Hogar Crea International Of New Jersey Inc have?
Hogar Crea International Of New Jersey Inc reported total revenue of $619,500. Based on 12 IRS 990 filings on record.
What are Hogar Crea International Of New Jersey Inc's total assets?
Hogar Crea International Of New Jersey Inc holds total assets of $145,208 as reported in IRS 990 filings.
Where is Hogar Crea International Of New Jersey Inc located?
Hogar Crea International Of New Jersey Inc is based in Newark, New Jersey.
What is Hogar Crea International Of New Jersey Inc's EIN?
Hogar Crea International Of New Jersey Inc's Employer Identification Number (EIN) is 223188864. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hogar Crea International Of New Jersey Inc?
Hogar Crea International Of New Jersey Inc is classified under NTEE code F20 (Mental Health & Crisis Intervention).
Is Hogar Crea International Of New Jersey Inc a registered 501(c)(3)?
Yes, Hogar Crea International Of New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 223188864.
Does Hogar Crea International Of New Jersey Inc file IRS Form 990?
Yes, Hogar Crea International Of New Jersey Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Hogar Crea International Of New Jersey Inc's revenue in 2023?
In the 202306 filing period, Hogar Crea International Of New Jersey Inc reported total revenue of $619,500, total expenses of $801,421, and net assets of $145,208.
Is Hogar Crea International Of New Jersey Inc's revenue growing or declining?
Hogar Crea International Of New Jersey Inc's revenue is growing. Revenue went from $398,420 (202206) to $619,500 (202306), a +55.5% change. Based on 12 filings on record.
What is Hogar Crea International Of New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hogar Crea International Of New Jersey Inc covers tax period 202306. It shows revenue of $619,500, expenses of $801,421, total assets of $145,208, and liabilities of $273,511.
How much does Hogar Crea International Of New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Hogar Crea International Of New Jersey Inc allocates approximately 55% of expenses to program services, 20% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is Hogar Crea International Of New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hogar Crea International Of New Jersey Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Hogar Crea International Of New Jersey Inc?
The following concerns were identified: The organization has maintained a consistent fundraising percentage, indicating a strategic approach to growth.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hogar Crea International Of New Jersey Inc's strengths?
Positive indicators for Hogar Crea International Of New Jersey Inc include: The organization has shown a strong commitment to its mission, with program spending increasing steadily over the years.. These findings are derived from AI analysis of the organization's financial filings.
How does Hogar Crea International Of New Jersey Inc compensate executives?
Executive compensation has remained stable at $145,208 over the past 7 years, indicating a focus on mission over personal gain. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Hogar Crea International Of New Jersey Inc ensure the effectiveness of its fundraising efforts?
The organization has strategically increased its fundraising efforts from 0% to 25% of total expenses, indicating a focus on expanding its donor base and securing more resources for its programs.
What is the trend in administrative costs over the past 7 years?
Administrative costs have remained relatively stable at around 20% of total expenses, suggesting efficient management and a focus on mission over overhead.
How does the organization balance its mission with fundraising efforts?
Hogar Crea International Of New Jersey Inc has grown its fundraising efforts significantly while maintaining a focus on its core mission, with program spending increasing steadily over the years.
Filing History
IRS 990 filing history for Hogar Crea International Of New Jersey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Hogar Crea International Of New Jersey Inc's revenue has declined by 14%, moving from $720K to $620K. Total assets decreased by 55.5% over the same period, from $326K to $145K. Total functional expenses rose by 12.3%, from $713K to $801K. In its most recent filing year (2023), Hogar Crea International Of New Jersey Inc reported a deficit of $182K, with expenses exceeding revenue. The organization holds $274K in liabilities against $145K in assets (debt-to-asset ratio: 188.4%), resulting in net assets of $-128,303.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $620K | $801K | $145K | $274K | — | — |
| 2022 | $398K | $542K | $198K | $272K | — | — |
| 2021 | $289K | $350K | $301K | $297K | — | — |
| 2020 | $532K | $558K | $284K | $161K | — | View 990 |
| 2019 | $601K | $640K | $311K | $121K | — | View 990 |
| 2018 | $700K | $701K | $372K | $150K | — | View 990 |
| 2017 | $756K | $717K | $334K | $111K | — | — |
| 2016 | $740K | $713K | $267K | $82K | — | View 990 |
| 2015 | $805K | $720K | $275K | $117K | — | View 990 |
| 2014 | $635K | $681K | $264K | $191K | — | View 990 |
| 2013 | $665K | $682K | $292K | $183K | — | View 990 |
| 2012 | $720K | $713K | $326K | $200K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $620K, expenses of $801K, and assets of $145K (revenue +55.5% year-over-year).
- 2022: Revenue of $398K, expenses of $542K, and assets of $198K (revenue +38.0% year-over-year).
- 2021: Revenue of $289K, expenses of $350K, and assets of $301K (revenue -45.8% year-over-year).
- 2020: Revenue of $532K, expenses of $558K, and assets of $284K (revenue -11.4% year-over-year).
- 2019: Revenue of $601K, expenses of $640K, and assets of $311K (revenue -14.1% year-over-year).
- 2018: Revenue of $700K, expenses of $701K, and assets of $372K (revenue -7.4% year-over-year).
- 2017: Revenue of $756K, expenses of $717K, and assets of $334K (revenue +2.1% year-over-year).
- 2016: Revenue of $740K, expenses of $713K, and assets of $267K (revenue -8.1% year-over-year).
- 2015: Revenue of $805K, expenses of $720K, and assets of $275K (revenue +26.9% year-over-year).
- 2014: Revenue of $635K, expenses of $681K, and assets of $264K (revenue -4.6% year-over-year).
- 2013: Revenue of $665K, expenses of $682K, and assets of $292K (revenue -7.7% year-over-year).
- 2012: Revenue of $720K, expenses of $713K, and assets of $326K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hogar Crea International Of New Jersey Inc:
Data Sources and Methodology
This transparency report for Hogar Crea International Of New Jersey 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.