Hudson County Bar Association
Hudson County Bar Association: Stable Finances, Low Program Spending
EIN: 222230712 · Jersey City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $258K |
| Program Spending | 30% |
| Net Assets | $313K |
| Transparency Score | 55/100 |
Is Hudson County Bar Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hudson County Bar Association directs 30% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Hudson County Bar Association
Hudson County Bar Association (EIN: 222230712) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $257K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson County Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hudson County Bar Association is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $258K |
| Surplus / Deficit | +$47K |
| Total Assets | $318K |
| Total Liabilities | $5K |
| Net Assets | $313K |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 14.8 months |
Financial Health Grade: A
In 2023, Hudson County Bar Association reported a surplus of $47K with revenue exceeding expenses, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hudson County Bar Association's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +23.4% | +16.8% |
| 2022 | +2.8% | -3.0% | +34.7% |
| 2021 | +1.7% | -0.4% | +37.5% |
| 2020 | -9.4% | -16.3% | +51.0% |
| 2019 | +35.7% | +14.2% | +56.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Hudson County Bar Association with a Mission Score of 55 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: 40%
- programs: 30%
- fundraising: 30%
According to IRS 990 filings, Hudson County Bar Association allocates its expenses as follows: admin: 40%, programs: 30%, fundraising: 30%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is not separately disclosed in the provided filings, suggesting it is either minimal or included within general administrative expenses.
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 Hudson County Bar Association's IRS 990 filings:
- Program spending appears low relative to total expenses; for example, in 2023, total expenses were $258,395, but specific program expenditures are not itemized.
- Lack of detailed program expense reporting makes it challenging to evaluate the effectiveness of funds.
- Administrative expenses consistently represent a significant portion of total expenditures.
Strengths
The following positive indicators were identified for Hudson County Bar Association:
- Consistent revenue generation over several years, with 2023 revenue at $305,150.
- Healthy asset growth, increasing from $31,231 in 2016 to $318,079 in 2023.
- Low liabilities, consistently under $8,000, indicating good financial health.
Frequently Asked Questions about Hudson County Bar Association
Is Hudson County Bar Association a legitimate charity?
Hudson County Bar Association (EIN: 222230712) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $257K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Hudson County Bar Association spend its money?
Hudson County Bar Association directs 30% of its spending to programs and services. Fundraising costs 30%. This falls below the 65% benchmark.
Are donations to Hudson County Bar Association tax-deductible?
Hudson County Bar Association is registered as a tax-exempt nonprofit (EIN: 222230712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hudson County Bar Association's spending goes to programs?
Hudson County Bar Association directs 30% to programs, 30% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Hudson County Bar Association located?
Hudson County Bar Association is headquartered in Jersey City, New Jersey and files with the IRS under EIN 222230712.
How many years of IRS 990 filings does Hudson County Bar Association have?
Hudson County Bar Association 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 $257K in total revenue.
What does Hudson County Bar Association do?
Hudson County Bar Association is a nonprofit organization in the Unknown sector, located in Jersey City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Hudson County Bar Association have?
Hudson County Bar Association reported total revenue of $257,176. Based on 13 IRS 990 filings on record.
What are Hudson County Bar Association's total assets?
Hudson County Bar Association holds total assets of $316,130 as reported in IRS 990 filings.
Where is Hudson County Bar Association located?
Hudson County Bar Association is based in Jersey City, New Jersey.
What is Hudson County Bar Association's EIN?
Hudson County Bar Association's Employer Identification Number (EIN) is 222230712. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hudson County Bar Association?
Hudson County Bar Association is classified under NTEE code Unknown (Unknown).
Is Hudson County Bar Association a registered 501(c)(3)?
Hudson County Bar Association appears in IRS records (EIN: 222230712). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hudson County Bar Association file IRS Form 990?
Yes, Hudson County Bar Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hudson County Bar Association's revenue in 2023?
In the 202312 filing period, Hudson County Bar Association reported total revenue of $305,150, total expenses of $258,395, and net assets of $318,079.
Is Hudson County Bar Association's revenue growing or declining?
Hudson County Bar Association's revenue is growing. Revenue went from $279,342 (202212) to $305,150 (202312), a +9.2% change. Based on 13 filings on record.
What is Hudson County Bar Association's most recent 990 filing?
The most recent IRS Form 990 filing for Hudson County Bar Association covers tax period 202312. It shows revenue of $305,150, expenses of $258,395, total assets of $318,079, and liabilities of $4,590.
How much does Hudson County Bar Association spend on programs vs administration?
Based on IRS 990 analysis, Hudson County Bar Association allocates approximately 30% of expenses to program services, 40% to administrative costs, and 30% to fundraising. Overhead costs appear high relative to program spending.
Is Hudson County Bar Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Hudson County Bar Association shows mixed signals. Mission Score: 55/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Hudson County Bar Association?
The following concerns were identified: Program spending appears low relative to total expenses; for example, in 2023, total expenses were $258,395, but specific program expenditures are not itemized.. Lack of detailed program expense reporting makes it challenging to evaluate the effectiveness of funds.. Administrative expenses consistently represent a significant portion of total expenditures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hudson County Bar Association's strengths?
Positive indicators for Hudson County Bar Association include: Consistent revenue generation over several years, with 2023 revenue at $305,150.. Healthy asset growth, increasing from $31,231 in 2016 to $318,079 in 2023.. Low liabilities, consistently under $8,000, indicating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Hudson County Bar Association compensate executives?
Executive compensation is not separately disclosed in the provided filings, suggesting it is either minimal or included within general administrative expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Hudson County Bar Association?
• The organization consistently reports 0% fundraising compensation, indicating volunteer-led efforts or inclusion within administrative costs. • Detailed breakdowns of program expenses are not readily available, making it difficult to assess the direct impact of spending. 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 specific initiatives or programs are being funded to benefit the Hudson County legal community?
The provided data does not detail specific program initiatives. While revenue in 2023 was $305,150 and assets grew to $318,079, the expense breakdown lacks granular program information, making it difficult to identify direct beneficiaries or activities.
How does the organization manage to maintain 0% fundraising compensation despite consistent revenue generation?
The 0% fundraising compensation reported suggests that fundraising efforts are either entirely volunteer-driven, or the costs associated with fundraising are absorbed into administrative expenses rather than being reported as a separate compensation line item.
Filing History
IRS 990 filing history for Hudson County Bar Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson County Bar Association's revenue has grown by 53.8%, moving from $198K to $305K. Total assets increased by 463% over the same period, from $57K to $318K. Total functional expenses rose by 24.8%, from $207K to $258K. In its most recent filing year (2023), Hudson County Bar Association reported a surplus of $47K, with revenue exceeding expenses. The organization holds $5K in liabilities against $318K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $313K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $258K | $318K | $5K | — | — |
| 2022 | $279K | $209K | $272K | $6K | — | View 990 |
| 2021 | $272K | $216K | $202K | $5K | — | View 990 |
| 2020 | $267K | $217K | $147K | $6K | — | View 990 |
| 2019 | $295K | $259K | $97K | $7K | — | View 990 |
| 2018 | $217K | $227K | $62K | $8K | — | View 990 |
| 2017 | $276K | $235K | $71K | $7K | — | View 990 |
| 2016 | $226K | $228K | $31K | $8K | — | View 990 |
| 2015 | $199K | $216K | $39K | $14K | — | View 990 |
| 2014 | $194K | $208K | $55K | $12K | — | View 990 |
| 2013 | $198K | $191K | $63K | $7K | — | View 990 |
| 2012 | $198K | $195K | $59K | $9K | — | View 990 |
| 2011 | $198K | $207K | $57K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $258K, and assets of $318K (revenue +9.2% year-over-year).
- 2022: Revenue of $279K, expenses of $209K, and assets of $272K (revenue +2.8% year-over-year).
- 2021: Revenue of $272K, expenses of $216K, and assets of $202K (revenue +1.7% year-over-year).
- 2020: Revenue of $267K, expenses of $217K, and assets of $147K (revenue -9.4% year-over-year).
- 2019: Revenue of $295K, expenses of $259K, and assets of $97K (revenue +35.7% year-over-year).
- 2018: Revenue of $217K, expenses of $227K, and assets of $62K (revenue -21.2% year-over-year).
- 2017: Revenue of $276K, expenses of $235K, and assets of $71K (revenue +22.2% year-over-year).
- 2016: Revenue of $226K, expenses of $228K, and assets of $31K (revenue +13.3% year-over-year).
- 2015: Revenue of $199K, expenses of $216K, and assets of $39K (revenue +2.6% year-over-year).
- 2014: Revenue of $194K, expenses of $208K, and assets of $55K (revenue -1.8% year-over-year).
- 2013: Revenue of $198K, expenses of $191K, and assets of $63K (revenue -0.3% year-over-year).
- 2012: Revenue of $198K, expenses of $195K, and assets of $59K (revenue -0.2% year-over-year).
- 2011: Revenue of $198K, expenses of $207K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hudson County Bar Association:
Data Sources and Methodology
This transparency report for Hudson County Bar Association 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.