Independent Colleges & Universities Of New Jersey A Nj Np Corp
Independent Colleges & Universities of New Jersey: Stable Finances, High Administrative Costs
EIN: 221551931 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Program Spending | 50% |
| Net Assets | $1.9M |
| Transparency Score | 75/100 |
Is Independent Colleges & Universities Of New Jersey A Nj Np Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Colleges & Universities Of New Jersey A Nj Np Corp directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Independent Colleges & Universities Of New Jersey A Nj Np Corp
Independent Colleges & Universities Of New Jersey A Nj Np Corp (EIN: 221551931) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $1.9M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Colleges & Universities Of New Jersey A Nj Np Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Colleges & Universities Of New Jersey A Nj Np Corp is a mid-size nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$169K |
| Total Assets | $2.7M |
| Total Liabilities | $788K |
| Net Assets | $1.9M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 29.0% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Independent Colleges & Universities Of New Jersey A Nj Np Corp reported a surplus of $169K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Independent Colleges & Universities Of New Jersey A Nj Np Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | -6.9% | +18.6% |
| 2022 | +447.1% | +419.4% | +19.1% |
| 2021 | -76.7% | -71.2% | +0.6% |
| 2020 | -1.8% | -3.6% | +3.1% |
| 2019 | -6.8% | -8.3% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1955 |
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 Independent Colleges & Universities Of New Jersey A Nj Np Corp 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Independent Colleges & Universities Of New Jersey A Nj Np Corp allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $169K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific data on salaries, as the provided financial data does not include this detail.
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 Independent Colleges & Universities Of New Jersey A Nj Np Corp's IRS 990 filings:
- Administrative expenses appear to be a significant portion of total expenses, potentially impacting program efficiency.
- Lack of detailed breakdown for program, administrative, and fundraising expenses makes it difficult to fully evaluate financial allocation.
Strengths
The following positive indicators were identified for Independent Colleges & Universities Of New Jersey A Nj Np Corp:
- Consistent revenue generation over the past few years, with a notable increase in 2023 to $1,978,046.
- Healthy asset base, reaching $2,716,615 in 2023, indicating financial stability.
- Positive net assets (assets minus liabilities) consistently maintained, demonstrating good financial health.
Frequently Asked Questions about Independent Colleges & Universities Of New Jersey A Nj Np Corp
Is Independent Colleges & Universities Of New Jersey A Nj Np Corp a legitimate charity?
Independent Colleges & Universities Of New Jersey A Nj Np Corp (EIN: 221551931) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Independent Colleges & Universities Of New Jersey A Nj Np Corp spend its money?
Independent Colleges & Universities Of New Jersey A Nj Np Corp directs 50% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Independent Colleges & Universities Of New Jersey A Nj Np Corp tax-deductible?
Independent Colleges & Universities Of New Jersey A Nj Np Corp is registered as a tax-exempt nonprofit (EIN: 221551931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent Colleges & Universities Of New Jersey A Nj Np Corp's spending goes to programs?
Independent Colleges & Universities Of New Jersey A Nj Np Corp directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Independent Colleges & Universities Of New Jersey A Nj Np Corp located?
Independent Colleges & Universities Of New Jersey A Nj Np Corp is headquartered in Trenton, New Jersey and files with the IRS under EIN 221551931.
How many years of IRS 990 filings does Independent Colleges & Universities Of New Jersey A Nj Np Corp have?
Independent Colleges & Universities Of New Jersey A Nj Np Corp 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 $1.9M in total revenue.
What does Independent Colleges & Universities Of New Jersey A Nj Np Corp do?
Independent Colleges & Universities Of New Jersey A Nj Np Corp is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Independent Colleges & Universities Of New Jersey A Nj Np Corp have?
Independent Colleges & Universities Of New Jersey A Nj Np Corp reported total revenue of $1,935,851. Based on 13 IRS 990 filings on record.
What are Independent Colleges & Universities Of New Jersey A Nj Np Corp's total assets?
Independent Colleges & Universities Of New Jersey A Nj Np Corp holds total assets of $2,948,850 as reported in IRS 990 filings.
Where is Independent Colleges & Universities Of New Jersey A Nj Np Corp located?
Independent Colleges & Universities Of New Jersey A Nj Np Corp is based in Trenton, New Jersey.
What is Independent Colleges & Universities Of New Jersey A Nj Np Corp's EIN?
Independent Colleges & Universities Of New Jersey A Nj Np Corp's Employer Identification Number (EIN) is 221551931. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Independent Colleges & Universities Of New Jersey A Nj Np Corp?
Independent Colleges & Universities Of New Jersey A Nj Np Corp is classified under NTEE code Unknown (Unknown).
Is Independent Colleges & Universities Of New Jersey A Nj Np Corp a registered 501(c)(3)?
Independent Colleges & Universities Of New Jersey A Nj Np Corp appears in IRS records (EIN: 221551931). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Independent Colleges & Universities Of New Jersey A Nj Np Corp file IRS Form 990?
Yes, Independent Colleges & Universities Of New Jersey A Nj Np Corp has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Independent Colleges & Universities Of New Jersey A Nj Np Corp's revenue in 2023?
In the 202306 filing period, Independent Colleges & Universities Of New Jersey A Nj Np Corp reported total revenue of $1,978,046, total expenses of $1,809,169, and net assets of $2,716,615.
Is Independent Colleges & Universities Of New Jersey A Nj Np Corp's revenue growing or declining?
Independent Colleges & Universities Of New Jersey A Nj Np Corp's revenue is growing. Revenue went from $1,680,818 (202206) to $1,978,046 (202306), a +17.7% change. Based on 13 filings on record.
What is Independent Colleges & Universities Of New Jersey A Nj Np Corp's most recent 990 filing?
The most recent IRS Form 990 filing for Independent Colleges & Universities Of New Jersey A Nj Np Corp covers tax period 202306. It shows revenue of $1,978,046, expenses of $1,809,169, total assets of $2,716,615, and liabilities of $787,969.
How much does Independent Colleges & Universities Of New Jersey A Nj Np Corp spend on programs vs administration?
Based on IRS 990 analysis, Independent Colleges & Universities Of New Jersey A Nj Np Corp allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Independent Colleges & Universities Of New Jersey A Nj Np Corp a trustworthy charity?
Based on AI analysis of IRS 990 data, Independent Colleges & Universities Of New Jersey A Nj Np Corp appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Independent Colleges & Universities Of New Jersey A Nj Np Corp?
The following concerns were identified: Administrative expenses appear to be a significant portion of total expenses, potentially impacting program efficiency.. Lack of detailed breakdown for program, administrative, and fundraising expenses makes it difficult to fully evaluate financial allocation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Independent Colleges & Universities Of New Jersey A Nj Np Corp's strengths?
Positive indicators for Independent Colleges & Universities Of New Jersey A Nj Np Corp include: Consistent revenue generation over the past few years, with a notable increase in 2023 to $1,978,046.. Healthy asset base, reaching $2,716,615 in 2023, indicating financial stability.. Positive net assets (assets minus liabilities) consistently maintained, demonstrating good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Independent Colleges & Universities Of New Jersey A Nj Np Corp compensate executives?
Executive compensation cannot be assessed without specific data on salaries, as the provided financial data does not include this detail. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies are in place to optimize the allocation of funds towards direct program services versus administrative overhead?
Without a detailed functional expense statement, it's challenging to pinpoint specific strategies. However, the organization could benefit from a review of its operational efficiency to ensure maximum impact per dollar spent on its mission.
Filing History
IRS 990 filing history for Independent Colleges & Universities Of New Jersey A Nj Np Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Independent Colleges & Universities Of New Jersey A Nj Np Corp's revenue has grown by 17.4%, moving from $1.7M to $2.0M. Total assets increased by 49.4% over the same period, from $1.8M to $2.7M. Total functional expenses rose by 2.6%, from $1.8M to $1.8M. In its most recent filing year (2023), Independent Colleges & Universities Of New Jersey A Nj Np Corp reported a surplus of $169K, with revenue exceeding expenses. The organization holds $788K in liabilities against $2.7M in assets (debt-to-asset ratio: 29.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.8M | $2.7M | $788K | — | — |
| 2022 | $1.7M | $1.9M | $2.3M | $645K | — | View 990 |
| 2021 | $307K | $374K | $1.9M | $489K | — | View 990 |
| 2020 | $1.3M | $1.3M | $1.9M | $488K | — | — |
| 2019 | $1.3M | $1.3M | $1.9M | $546K | — | View 990 |
| 2018 | $1.4M | $1.5M | $1.8M | $618K | — | View 990 |
| 2017 | $1.7M | $1.6M | $2.1M | $814K | — | — |
| 2016 | $1.7M | $1.6M | $1.9M | $746K | — | View 990 |
| 2015 | $1.5M | $1.5M | $1.9M | $785K | — | View 990 |
| 2014 | $1.7M | $1.7M | $2.0M | $840K | — | View 990 |
| 2013 | $1.6M | $1.6M | $1.9M | $648K | — | View 990 |
| 2012 | $1.6M | $1.6M | $1.8M | $702K | — | View 990 |
| 2011 | $1.7M | $1.8M | $1.8M | $806K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.8M, and assets of $2.7M (revenue +17.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.9M, and assets of $2.3M (revenue +447.1% year-over-year).
- 2021: Revenue of $307K, expenses of $374K, and assets of $1.9M (revenue -76.7% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $1.9M (revenue -1.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.9M (revenue -6.8% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.5M, and assets of $1.8M (revenue -12.7% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $2.1M (revenue +0.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $1.9M (revenue +12.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $1.9M (revenue -13.7% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $2.0M (revenue +7.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue -3.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M (revenue -2.2% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Colleges & Universities Of New Jersey A Nj Np Corp:
Data Sources and Methodology
This transparency report for Independent Colleges & Universities Of New Jersey A Nj Np 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.