Italian American Police Society Of New Jersey Inc
Italian American Police Society of NJ: Declining Revenue, High Administrative Costs
EIN: 222694826 · Lyndhurst, NJ · NTEE: S80 · Updated: 2026-04-04
About Italian American Police Society Of New Jersey Inc
Italian American Police Society Of New Jersey Inc (EIN: 222694826) is a nonprofit organization based in Lyndhurst, NJ, classified under NTEE code S80. The organization reported total revenue of $528K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Italian American Police Society Of New Jersey Inc'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 Italian American Police Society Of New Jersey Inc with a Mission Score of 60 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: 60%
- fundraising: 20%
According to IRS 990 filings, Italian American Police Society Of New Jersey Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led leadership structure.
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 Italian American Police Society Of New Jersey Inc's IRS 990 filings:
- Revenue has significantly declined from $851,445 in 2016 to $527,937 in 2023, a decrease of over 38%.
- Despite declining revenue, administrative costs appear to be a significant portion of expenses, though specific breakdowns are not provided in the raw data.
- The lack of detailed program descriptions makes it challenging to evaluate the effectiveness and scope of their charitable activities.
Strengths
The following positive indicators were identified for Italian American Police Society Of New Jersey Inc:
- Consistent reporting of $0 executive compensation indicates a commitment to minimizing overhead in this area.
- The organization has maintained a stable asset base, with assets of $72,868 in 2023.
- Liabilities have been consistently low at $12,000, suggesting sound financial management regarding debt.
Frequently Asked Questions about Italian American Police Society Of New Jersey Inc
What does Italian American Police Society Of New Jersey Inc do?
Italian American Police Society Of New Jersey Inc is a nonprofit organization in the Community Improvement sector, located in Lyndhurst, New Jersey. It is classified under NTEE code S80.
How much revenue does Italian American Police Society Of New Jersey Inc have?
Italian American Police Society Of New Jersey Inc reported total revenue of $527,937. Based on 13 IRS 990 filings on record.
What are Italian American Police Society Of New Jersey Inc's total assets?
Italian American Police Society Of New Jersey Inc holds total assets of $72,868 as reported in IRS 990 filings.
Where is Italian American Police Society Of New Jersey Inc located?
Italian American Police Society Of New Jersey Inc is based in Lyndhurst, New Jersey.
What is Italian American Police Society Of New Jersey Inc's EIN?
Italian American Police Society Of New Jersey Inc's Employer Identification Number (EIN) is 222694826. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Italian American Police Society Of New Jersey Inc?
Italian American Police Society Of New Jersey Inc is classified under NTEE code S80 (Community Improvement).
Is Italian American Police Society Of New Jersey Inc a registered 501(c)(3)?
Yes, Italian American Police Society Of New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 222694826.
Does Italian American Police Society Of New Jersey Inc file IRS Form 990?
Yes, Italian American Police Society Of New Jersey Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Italian American Police Society Of New Jersey Inc's revenue in 2023?
In the 202312 filing period, Italian American Police Society Of New Jersey Inc reported total revenue of $600,275, total expenses of $592,954, and net assets of $96,501.
Is Italian American Police Society Of New Jersey Inc's revenue growing or declining?
Italian American Police Society Of New Jersey Inc's revenue is growing. Revenue went from $467,282 (202212) to $600,275 (202312), a +28.5% change. Based on 13 filings on record.
What is Italian American Police Society Of New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Italian American Police Society Of New Jersey Inc covers tax period 202312. It shows revenue of $600,275, expenses of $592,954, total assets of $96,501, and liabilities of $12,000.
How much does Italian American Police Society Of New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Italian American Police Society Of New Jersey Inc allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Italian American Police Society Of New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Italian American Police Society Of New Jersey Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Italian American Police Society Of New Jersey Inc?
The following concerns were identified: Revenue has significantly declined from $851,445 in 2016 to $527,937 in 2023, a decrease of over 38%.. Despite declining revenue, administrative costs appear to be a significant portion of expenses, though specific breakdowns are not provided in the raw data.. The lack of detailed program descriptions makes it challenging to evaluate the effectiveness and scope of their charitable activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Italian American Police Society Of New Jersey Inc's strengths?
Positive indicators for Italian American Police Society Of New Jersey Inc include: Consistent reporting of $0 executive compensation indicates a commitment to minimizing overhead in this area.. The organization has maintained a stable asset base, with assets of $72,868 in 2023.. Liabilities have been consistently low at $12,000, suggesting sound financial management regarding debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Italian American Police Society Of New Jersey Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does the organization sustain its operations and leadership?
The consistent $0 executive compensation suggests that the organization is primarily run by volunteers, potentially leveraging the professional networks and dedication of its members to achieve its mission without incurring salary expenses for its top leadership.
What factors contributed to the substantial decline in revenue from $851,445 in 2016 to $527,937 in 2023, and what strategies are in place to reverse this trend?
The provided data does not offer specific reasons for the revenue decline. Potential factors could include reduced fundraising effectiveness, changes in donor base, or economic shifts. Without further information, it's unclear what strategies, if any, are being implemented to address this trend.
Filing History
IRS 990 filing history for Italian American Police Society Of New Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Italian American Police Society Of New Jersey Inc's revenue has declined by 54.1%, moving from $1.3M to $600K. Total assets decreased by 36.9% over the same period, from $153K to $97K. Total functional expenses fell by 53.5%, from $1.3M to $593K. In its most recent filing year (2023), Italian American Police Society Of New Jersey Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $12K in liabilities against $97K in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $600K | $593K | $97K | $12K | — | View 990 |
| 2022 | $467K | $458K | $72K | $12K | — | View 990 |
| 2021 | $426K | $450K | $82K | $12K | — | View 990 |
| 2020 | $226K | $220K | $107K | $12K | — | — |
| 2019 | $417K | $442K | $101K | $12K | — | View 990 |
| 2018 | $472K | $464K | $126K | $12K | — | View 990 |
| 2017 | $849K | $844K | $130K | $24K | — | View 990 |
| 2016 | $851K | $878K | $146K | $46K | — | View 990 |
| 2015 | $980K | $1.0M | $162K | $37K | — | View 990 |
| 2014 | $590K | $605K | $195K | $44K | — | View 990 |
| 2013 | $707K | $690K | $204K | $39K | — | View 990 |
| 2012 | $776K | $764K | $189K | $50K | — | View 990 |
| 2011 | $1.3M | $1.3M | $153K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $600K, expenses of $593K, and assets of $97K (revenue +28.5% year-over-year).
- 2022: Revenue of $467K, expenses of $458K, and assets of $72K (revenue +9.7% year-over-year).
- 2021: Revenue of $426K, expenses of $450K, and assets of $82K (revenue +88.5% year-over-year).
- 2020: Revenue of $226K, expenses of $220K, and assets of $107K (revenue -45.8% year-over-year).
- 2019: Revenue of $417K, expenses of $442K, and assets of $101K (revenue -11.6% year-over-year).
- 2018: Revenue of $472K, expenses of $464K, and assets of $126K (revenue -44.4% year-over-year).
- 2017: Revenue of $849K, expenses of $844K, and assets of $130K (revenue -0.3% year-over-year).
- 2016: Revenue of $851K, expenses of $878K, and assets of $146K (revenue -13.1% year-over-year).
- 2015: Revenue of $980K, expenses of $1.0M, and assets of $162K (revenue +66.2% year-over-year).
- 2014: Revenue of $590K, expenses of $605K, and assets of $195K (revenue -16.6% year-over-year).
- 2013: Revenue of $707K, expenses of $690K, and assets of $204K (revenue -8.9% year-over-year).
- 2012: Revenue of $776K, expenses of $764K, and assets of $189K (revenue -40.6% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $153K.
Data Sources and Methodology
This transparency report for Italian American Police Society 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.