Jefferson Park Ministries Inc
Jefferson Park Ministries Inc shows consistent growth and no reported officer compensation.
EIN: 10659307 · Elizabeth, NJ · NTEE: K34 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| Net Assets | $347K |
| Transparency Score | 92/100 |
Is Jefferson Park Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jefferson Park Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jefferson Park Ministries Inc
Jefferson Park Ministries Inc (EIN: 10659307) is a nonprofit organization based in Elizabeth, NJ, classified under NTEE code K34. The organization reported total revenue of $1.8M and total assets of $744K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Park Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jefferson Park Ministries Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$38K |
| Total Assets | $539K |
| Total Liabilities | $192K |
| Net Assets | $347K |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 35.7% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Jefferson Park Ministries Inc reported a surplus of $38K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 35.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jefferson Park Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +41.8% | +4.6% |
| 2022 | +12.7% | +9.4% | +16.1% |
| 2021 | +20.1% | +54.6% | -10.7% |
| 2020 | +16.5% | -3.2% | +283.0% |
| 2019 | +2.6% | -2.8% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2003 |
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 Jefferson Park Ministries Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Jefferson Park Ministries Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.7%.
Executive Compensation Analysis
Jefferson Park Ministries Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size and growth, suggesting a volunteer-led executive team or that compensation is covered by other means not reported as officer compensation.
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 Jefferson Park Ministries Inc's IRS 990 filings:
- Unusually low administrative and fundraising expenses, potentially indicating underreporting or reliance on in-kind support not fully captured.
Strengths
The following positive indicators were identified for Jefferson Park Ministries Inc:
- Consistent revenue and asset growth over multiple years, demonstrating financial stability.
- 0% reported officer compensation, indicating high efficiency and dedication of funds to mission.
- Healthy asset-to-liability ratio, particularly in recent years (e.g., $539,158 assets vs. $192,499 liabilities in 2023).
- Expenses generally track closely with revenue, suggesting responsible financial management.
Frequently Asked Questions about Jefferson Park Ministries Inc
Is Jefferson Park Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jefferson Park Ministries Inc (EIN: 10659307) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Jefferson Park Ministries Inc spend its money?
Jefferson Park Ministries Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jefferson Park Ministries Inc tax-deductible?
Jefferson Park Ministries Inc is registered as a tax-exempt nonprofit (EIN: 10659307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jefferson Park Ministries Inc's spending goes to programs?
Jefferson Park Ministries Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jefferson Park Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jefferson Park Ministries Inc is above average for NTEE category K34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jefferson Park Ministries Inc located?
Jefferson Park Ministries Inc is headquartered in Elizabeth, New Jersey and files with the IRS under EIN 10659307. It is classified under NTEE code K34.
How many years of IRS 990 filings does Jefferson Park Ministries Inc have?
Jefferson Park Ministries Inc 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 $1.8M in total revenue.
Is Jefferson Park Ministries Inc a good charity?
Based on the available IRS 990 data, Jefferson Park Ministries Inc appears to be a good charity. It demonstrates consistent financial growth, maintains a healthy balance between revenue and expenses, and notably reports 0% officer compensation, suggesting high efficiency in directing funds to its mission.
How has Jefferson Park Ministries Inc's revenue changed over time?
Jefferson Park Ministries Inc has shown significant revenue growth, increasing from $303,339 in 2016 to $1,349,864 in 2023, indicating a strong upward trend in financial support.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, which means no salaries are paid to its officers. This is a strong indicator of a volunteer-driven leadership or a highly efficient operational model.
How do their assets compare to their liabilities?
In 2023, Jefferson Park Ministries Inc reported assets of $539,158 against liabilities of $192,499, indicating a healthy financial position where assets significantly outweigh liabilities.
Filing History
IRS 990 filing history for Jefferson Park Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jefferson Park Ministries Inc's revenue has grown by 43.7%, moving from $939K to $1.3M. Total assets increased by 1167.5% over the same period, from $43K to $539K. Total functional expenses rose by 31.8%, from $996K to $1.3M. In its most recent filing year (2023), Jefferson Park Ministries Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $192K in liabilities against $539K in assets (debt-to-asset ratio: 35.7%), resulting in net assets of $347K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $539K | $192K | — | View 990 |
| 2022 | $970K | $925K | $516K | $198K | — | — |
| 2021 | $861K | $846K | $444K | $165K | — | View 990 |
| 2020 | $717K | $547K | $497K | $208K | — | View 990 |
| 2019 | $616K | $565K | $130K | $10K | — | View 990 |
| 2018 | $600K | $581K | $126K | $72K | — | View 990 |
| 2017 | $380K | $426K | $29K | $10K | — | View 990 |
| 2016 | $303K | $355K | $12K | $37K | — | View 990 |
| 2015 | $353K | $414K | $21K | $47K | — | View 990 |
| 2014 | $445K | $451K | $35K | $76K | — | View 990 |
| 2013 | $256K | $306K | $34K | $69K | — | View 990 |
| 2012 | $766K | $698K | $123K | $107K | — | View 990 |
| 2011 | $939K | $996K | $43K | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $539K (revenue +39.1% year-over-year).
- 2022: Revenue of $970K, expenses of $925K, and assets of $516K (revenue +12.7% year-over-year).
- 2021: Revenue of $861K, expenses of $846K, and assets of $444K (revenue +20.1% year-over-year).
- 2020: Revenue of $717K, expenses of $547K, and assets of $497K (revenue +16.5% year-over-year).
- 2019: Revenue of $616K, expenses of $565K, and assets of $130K (revenue +2.6% year-over-year).
- 2018: Revenue of $600K, expenses of $581K, and assets of $126K (revenue +58.0% year-over-year).
- 2017: Revenue of $380K, expenses of $426K, and assets of $29K (revenue +25.2% year-over-year).
- 2016: Revenue of $303K, expenses of $355K, and assets of $12K (revenue -14.1% year-over-year).
- 2015: Revenue of $353K, expenses of $414K, and assets of $21K (revenue -20.6% year-over-year).
- 2014: Revenue of $445K, expenses of $451K, and assets of $35K (revenue +73.8% year-over-year).
- 2013: Revenue of $256K, expenses of $306K, and assets of $34K (revenue -66.6% year-over-year).
- 2012: Revenue of $766K, expenses of $698K, and assets of $123K (revenue -18.5% year-over-year).
- 2011: Revenue of $939K, expenses of $996K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jefferson Park Ministries Inc:
Data Sources and Methodology
This transparency report for Jefferson Park Ministries 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.