Hyacinth Foundation A New Jersey Nonprofit Corporation
Hyacinth Foundation: Consistent Revenue Growth, but Transparency Lacking
EIN: 222648820 · New Brunswick, NJ · Updated: 2026-04-04
Is Hyacinth Foundation A New Jersey Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hyacinth Foundation A New Jersey Nonprofit Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hyacinth Foundation A New Jersey Nonprofit Corporation
Hyacinth Foundation A New Jersey Nonprofit Corporation (EIN: 222648820) is a nonprofit organization based in New Brunswick, NJ. The organization reported total revenue of $12.2M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hyacinth Foundation A New Jersey Nonprofit Corporation'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 Hyacinth Foundation A New Jersey Nonprofit Corporation 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hyacinth Foundation A New Jersey Nonprofit Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as all financial filings show 'c0%', indicating no compensation reported or it is not itemized in this format.
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 Hyacinth Foundation A New Jersey Nonprofit Corporation's IRS 990 filings:
- Lack of detailed compensation information ('c0%' in all filings) raises questions about executive pay transparency.
- The provided data does not offer a granular breakdown of expenses beyond total expenses, making it hard to verify program efficiency.
Strengths
The following positive indicators were identified for Hyacinth Foundation A New Jersey Nonprofit Corporation:
- Consistent revenue growth over the past several years, from $6.3M in 2016 to $11.4M in 2023, indicates strong fundraising and donor support.
- Healthy asset growth, from $1.1M in 2016 to $4.0M in 2023, suggests good financial management and capacity building.
Frequently Asked Questions about Hyacinth Foundation A New Jersey Nonprofit Corporation
Is Hyacinth Foundation A New Jersey Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hyacinth Foundation A New Jersey Nonprofit Corporation (EIN: 222648820) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Hyacinth Foundation A New Jersey Nonprofit Corporation spend its money?
Hyacinth Foundation A New Jersey Nonprofit Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hyacinth Foundation A New Jersey Nonprofit Corporation tax-deductible?
Hyacinth Foundation A New Jersey Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 222648820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Hyacinth Foundation A New Jersey Nonprofit Corporation do?
Hyacinth Foundation A New Jersey Nonprofit Corporation is a nonprofit organization in the Unknown sector, located in New Brunswick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Hyacinth Foundation A New Jersey Nonprofit Corporation have?
Hyacinth Foundation A New Jersey Nonprofit Corporation reported total revenue of $12,174,818. Based on 14 IRS 990 filings on record.
What are Hyacinth Foundation A New Jersey Nonprofit Corporation's total assets?
Hyacinth Foundation A New Jersey Nonprofit Corporation holds total assets of $4,972,956 as reported in IRS 990 filings.
Where is Hyacinth Foundation A New Jersey Nonprofit Corporation located?
Hyacinth Foundation A New Jersey Nonprofit Corporation is based in New Brunswick, New Jersey.
What is Hyacinth Foundation A New Jersey Nonprofit Corporation's EIN?
Hyacinth Foundation A New Jersey Nonprofit Corporation's Employer Identification Number (EIN) is 222648820. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hyacinth Foundation A New Jersey Nonprofit Corporation?
Hyacinth Foundation A New Jersey Nonprofit Corporation is classified under NTEE code Unknown (Unknown).
Is Hyacinth Foundation A New Jersey Nonprofit Corporation a registered 501(c)(3)?
Hyacinth Foundation A New Jersey Nonprofit Corporation appears in IRS records (EIN: 222648820). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hyacinth Foundation A New Jersey Nonprofit Corporation file IRS Form 990?
Yes, Hyacinth Foundation A New Jersey Nonprofit Corporation has 14 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Hyacinth Foundation A New Jersey Nonprofit Corporation's revenue in 2023?
In the 202306 filing period, Hyacinth Foundation A New Jersey Nonprofit Corporation reported total revenue of $11,442,994, total expenses of $10,878,492, and net assets of $4,097,947.
Is Hyacinth Foundation A New Jersey Nonprofit Corporation's revenue growing or declining?
Hyacinth Foundation A New Jersey Nonprofit Corporation's revenue is growing. Revenue went from $9,677,408 (202206) to $11,442,994 (202306), a +18.2% change. Based on 14 filings on record.
What is Hyacinth Foundation A New Jersey Nonprofit Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Hyacinth Foundation A New Jersey Nonprofit Corporation covers tax period 202306. It shows revenue of $11,442,994, expenses of $10,878,492, total assets of $4,097,947, and liabilities of $2,736,328.
How much does Hyacinth Foundation A New Jersey Nonprofit Corporation spend on programs vs administration?
Based on IRS 990 analysis, Hyacinth Foundation A New Jersey Nonprofit Corporation allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Hyacinth Foundation A New Jersey Nonprofit Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Hyacinth Foundation A New Jersey Nonprofit Corporation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Hyacinth Foundation A New Jersey Nonprofit Corporation?
The following concerns were identified: Lack of detailed compensation information ('c0%' in all filings) raises questions about executive pay transparency.. The provided data does not offer a granular breakdown of expenses beyond total expenses, making it hard to verify program efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hyacinth Foundation A New Jersey Nonprofit Corporation's strengths?
Positive indicators for Hyacinth Foundation A New Jersey Nonprofit Corporation include: Consistent revenue growth over the past several years, from $6.3M in 2016 to $11.4M in 2023, indicates strong fundraising and donor support.. Healthy asset growth, from $1.1M in 2016 to $4.0M in 2023, suggests good financial management and capacity building.. These findings are derived from AI analysis of the organization's financial filings.
How does Hyacinth Foundation A New Jersey Nonprofit Corporation compensate executives?
Executive compensation cannot be assessed from the provided data, as all financial filings show 'c0%', indicating no compensation reported or it is not itemized in this format. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue growth and asset accumulation, what specific strategies has Hyacinth Foundation employed to achieve this financial stability, and how are these strategies communicated to stakeholders?
The provided data shows a steady increase in revenue and assets, but the specific strategies for this growth are not detailed. Understanding these strategies, such as donor acquisition, grant funding, or investment returns, would provide deeper insight into their financial health and sustainability.
Filing History
IRS 990 filing history for Hyacinth Foundation A New Jersey Nonprofit Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hyacinth Foundation A New Jersey Nonprofit Corporation's revenue has grown by 113.1%, moving from $5.4M to $11.4M. Total assets increased by 461.4% over the same period, from $730K to $4.1M. Total functional expenses rose by 104.4%, from $5.3M to $10.9M. In its most recent filing year (2023), Hyacinth Foundation A New Jersey Nonprofit Corporation reported a surplus of $565K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $4.1M in assets (debt-to-asset ratio: 66.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11.4M | $10.9M | $4.1M | $2.7M | — | View 990 |
| 2022 | $9.7M | $9.6M | $2.1M | $1.1M | — | View 990 |
| 2021 | $10.3M | $10.1M | $2.4M | $1.4M | — | View 990 |
| 2020 | $10.3M | $10.3M | $3.1M | $2.3M | — | View 990 |
| 2019 | $9.8M | $9.5M | $1.8M | $1.2M | — | View 990 |
| 2018 | $8.3M | $8.2M | $1.4M | $1.0M | — | View 990 |
| 2017 | $7.4M | $7.3M | $1.3M | $983K | — | View 990 |
| 2016 | $6.3M | $6.3M | $1.1M | $940K | — | View 990 |
| 2015 | $5.1M | $5.1M | $881K | $693K | — | View 990 |
| 2014 | $5.4M | $5.4M | $914K | $746K | — | View 990 |
| 2013 | $5.3M | $5.4M | $732K | $641K | — | View 990 |
| 2012 | $5.5M | $5.5M | $1.3M | $1.1M | — | View 990 |
| 2011 | $5.7M | $5.6M | $893K | $693K | — | View 990 |
| 2010 | $5.4M | $5.3M | $730K | $593K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.4M, expenses of $10.9M, and assets of $4.1M (revenue +18.2% year-over-year).
- 2022: Revenue of $9.7M, expenses of $9.6M, and assets of $2.1M (revenue -6.1% year-over-year).
- 2021: Revenue of $10.3M, expenses of $10.1M, and assets of $2.4M (revenue -0.2% year-over-year).
- 2020: Revenue of $10.3M, expenses of $10.3M, and assets of $3.1M (revenue +5.1% year-over-year).
- 2019: Revenue of $9.8M, expenses of $9.5M, and assets of $1.8M (revenue +18.7% year-over-year).
- 2018: Revenue of $8.3M, expenses of $8.2M, and assets of $1.4M (revenue +12.2% year-over-year).
- 2017: Revenue of $7.4M, expenses of $7.3M, and assets of $1.3M (revenue +16.5% year-over-year).
- 2016: Revenue of $6.3M, expenses of $6.3M, and assets of $1.1M (revenue +23.3% year-over-year).
- 2015: Revenue of $5.1M, expenses of $5.1M, and assets of $881K (revenue -4.6% year-over-year).
- 2014: Revenue of $5.4M, expenses of $5.4M, and assets of $914K (revenue +1.0% year-over-year).
- 2013: Revenue of $5.3M, expenses of $5.4M, and assets of $732K (revenue -3.4% year-over-year).
- 2012: Revenue of $5.5M, expenses of $5.5M, and assets of $1.3M (revenue -2.6% year-over-year).
- 2011: Revenue of $5.7M, expenses of $5.6M, and assets of $893K (revenue +5.5% year-over-year).
- 2010: Revenue of $5.4M, expenses of $5.3M, and assets of $730K.
Data Sources and Methodology
This transparency report for Hyacinth Foundation A New Jersey Nonprofit Corporation 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.