Imsa New Jersey Section Non Profit Corp
Imsa New Jersey Section Non Profit Corp shows strong financial growth and zero liabilities with volunteer leadership.
EIN: 202827226 · Manville, NJ · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $252K |
| Program Spending | 90% |
| Net Assets | $145K |
| Transparency Score | 92/100 |
Is Imsa New Jersey Section Non Profit Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Imsa New Jersey Section Non Profit Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Imsa New Jersey Section Non Profit Corp
Imsa New Jersey Section Non Profit Corp (EIN: 202827226) is a nonprofit organization based in Manville, NJ, classified under NTEE code B60. The organization reported total revenue of $446K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Imsa New Jersey Section Non Profit Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Imsa New Jersey Section Non Profit Corp is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $307K |
| Total Expenses | $252K |
| Surplus / Deficit | +$55K |
| Total Assets | $145K |
| Net Assets | $145K |
| Operating Margin | 17.8% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Imsa New Jersey Section Non Profit Corp reported a surplus of $55K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Imsa New Jersey Section Non Profit Corp's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.8% | +33.2% | +61.0% |
| 2022 | +28.7% | +42.9% | +9.3% |
| 2021 | +84.5% | +190.1% | +33.3% |
| 2020 | -34.0% | -71.2% | +152.7% |
| 2019 | -21.2% | +40.1% | -57.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Imsa New Jersey Section Non Profit Corp with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Imsa New Jersey Section Non Profit Corp allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Imsa New Jersey Section Non Profit Corp:
- Strong and consistent revenue growth, particularly from 2020 to 2023 (from $83,006 to $307,271).
- Consistent reporting of zero liabilities across all filings, indicating excellent financial stability.
- 0% officer compensation, demonstrating a highly efficient, volunteer-driven leadership model.
- Expenses consistently lower than revenue in recent years, allowing for asset accumulation (e.g., 2023: Revenue $307,271, Expenses $252,471).
- Positive trend in asset growth, increasing from $61,667 in 2020 to $144,630 in 2023.
Frequently Asked Questions about Imsa New Jersey Section Non Profit Corp
Is Imsa New Jersey Section Non Profit Corp a legitimate charity?
Imsa New Jersey Section Non Profit Corp (EIN: 202827226) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $446K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Imsa New Jersey Section Non Profit Corp spend its money?
Imsa New Jersey Section Non Profit Corp directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Imsa New Jersey Section Non Profit Corp tax-deductible?
Imsa New Jersey Section Non Profit Corp is registered as a tax-exempt nonprofit (EIN: 202827226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Imsa New Jersey Section Non Profit Corp compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Imsa New Jersey Section Non Profit Corp is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Imsa New Jersey Section Non Profit Corp located?
Imsa New Jersey Section Non Profit Corp is headquartered in Manville, New Jersey and files with the IRS under EIN 202827226. It is classified under NTEE code B60.
How many years of IRS 990 filings does Imsa New Jersey Section Non Profit Corp have?
Imsa New Jersey Section Non Profit Corp 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 $446K in total revenue.
Is Imsa New Jersey Section Non Profit Corp a good charity?
Based on its financial data, Imsa New Jersey Section Non Profit Corp appears to be a well-managed and efficient charity. It has shown consistent revenue growth, maintains zero liabilities, and operates with 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly since 2020. Revenue has more than tripled from $83,006 in 2020 to $307,271 in 2023, and assets have more than doubled from $61,667 to $144,630 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
Imsa New Jersey Section Non Profit Corp has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates that its leadership operates on a volunteer basis, minimizing administrative costs.
Filing History
IRS 990 filing history for Imsa New Jersey Section Non Profit Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Imsa New Jersey Section Non Profit Corp's revenue has grown by 408.7%, moving from $60K to $307K. Total assets increased by 207.7% over the same period, from $47K to $145K. Total functional expenses rose by 462.5%, from $45K to $252K. In its most recent filing year (2023), Imsa New Jersey Section Non Profit Corp reported a surplus of $55K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $307K | $252K | $145K | $0 | — | View 990 |
| 2022 | $197K | $190K | $90K | $0 | — | — |
| 2021 | $153K | $133K | $82K | $0 | — | View 990 |
| 2020 | $83K | $46K | $62K | $0 | — | — |
| 2019 | $126K | $159K | $24K | $0 | — | — |
| 2018 | $160K | $113K | $57K | $0 | — | View 990 |
| 2017 | $134K | $142K | $11K | $0 | — | — |
| 2016 | $35K | $44K | $19K | $0 | — | — |
| 2015 | $45K | $53K | $28K | $0 | — | View 990 |
| 2013 | $46K | $50K | $61K | $0 | — | View 990 |
| 2012 | $59K | $41K | $65K | $0 | — | View 990 |
| 2011 | $60K | $45K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $307K, expenses of $252K, and assets of $145K (revenue +55.8% year-over-year).
- 2022: Revenue of $197K, expenses of $190K, and assets of $90K (revenue +28.7% year-over-year).
- 2021: Revenue of $153K, expenses of $133K, and assets of $82K (revenue +84.5% year-over-year).
- 2020: Revenue of $83K, expenses of $46K, and assets of $62K (revenue -34.0% year-over-year).
- 2019: Revenue of $126K, expenses of $159K, and assets of $24K (revenue -21.2% year-over-year).
- 2018: Revenue of $160K, expenses of $113K, and assets of $57K (revenue +19.4% year-over-year).
- 2017: Revenue of $134K, expenses of $142K, and assets of $11K (revenue +277.4% year-over-year).
- 2016: Revenue of $35K, expenses of $44K, and assets of $19K (revenue -20.5% year-over-year).
- 2015: Revenue of $45K, expenses of $53K, and assets of $28K (revenue -3.4% year-over-year).
- 2013: Revenue of $46K, expenses of $50K, and assets of $61K (revenue -21.8% year-over-year).
- 2012: Revenue of $59K, expenses of $41K, and assets of $65K (revenue -2.4% year-over-year).
- 2011: Revenue of $60K, expenses of $45K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Imsa New Jersey Section Non Profit Corp:
Data Sources and Methodology
This transparency report for Imsa New Jersey Section Non Profit Corp 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.