Jersey Shore Partnership Foundation Inc
Jersey Shore Partnership Foundation consistently operates without officer compensation and maintains a healthy asset base.
EIN: 161759519 · Red Bank, NJ · NTEE: C32 · Updated: 2026-03-28
Is Jersey Shore Partnership Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jersey Shore Partnership Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jersey Shore Partnership Foundation Inc
Jersey Shore Partnership Foundation Inc (EIN: 161759519) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code C32. The organization reported total revenue of $362K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jersey Shore Partnership Foundation 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 Jersey Shore Partnership Foundation Inc with a Mission Score of 95 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, Jersey Shore Partnership Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence and resource allocation.
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 Jersey Shore Partnership Foundation Inc:
- Consistent 0% officer compensation, maximizing funds for programs.
- Zero reported liabilities across all filings, indicating strong financial health.
- Consistent growth in assets over the past decade, from $46,887 in 201412 to $201,238 currently.
- Positive net asset position maintained throughout its filing history.
- Regular and transparent IRS 990 filings.
Frequently Asked Questions about Jersey Shore Partnership Foundation Inc
Is Jersey Shore Partnership Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jersey Shore Partnership Foundation Inc (EIN: 161759519) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Jersey Shore Partnership Foundation Inc spend its money?
Jersey Shore Partnership Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jersey Shore Partnership Foundation Inc tax-deductible?
Jersey Shore Partnership Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161759519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jersey Shore Partnership Foundation Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and growing assets from $46,887 in 201412 to $106,868 in 202312, with the latest reported assets at $201,238.
How efficient is Jersey Shore Partnership Foundation Inc. with its spending?
The organization demonstrates high spending efficiency, particularly with 0% officer compensation reported across all filings, suggesting a very high proportion of funds are directed towards its mission.
Does Jersey Shore Partnership Foundation Inc. have any debt?
No, the organization has consistently reported $0 in liabilities across all available IRS 990 filings, indicating it operates without debt.
What is the trend in the organization's revenue?
Revenue has fluctuated but shows an overall upward trend, from $88,833 in 201412 to $156,323 in 202312, with the latest reported revenue at $361,890, indicating growing financial support.
Filing History
IRS 990 filing history for Jersey Shore Partnership Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jersey Shore Partnership Foundation Inc's revenue has grown by 315.5%, moving from $38K to $156K. Total assets increased by 53.6% over the same period, from $70K to $107K. Total functional expenses rose by 147%, from $44K to $109K. In its most recent filing year (2023), Jersey Shore Partnership Foundation Inc reported a surplus of $47K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $109K | $107K | $0 | — | View 990 |
| 2022 | $122K | $135K | $60K | $0 | — | — |
| 2021 | $73K | $111K | $73K | $0 | — | View 990 |
| 2020 | $76K | $83K | $117K | $0 | — | — |
| 2019 | $112K | $88K | $123K | $0 | — | View 990 |
| 2018 | $129K | $76K | $100K | $0 | — | View 990 |
| 2017 | $89K | $70K | $51K | $0 | — | View 990 |
| 2016 | $70K | $79K | $37K | $0 | — | View 990 |
| 2015 | $62K | $63K | $46K | $0 | — | View 990 |
| 2014 | $89K | $63K | $47K | $0 | — | View 990 |
| 2013 | $56K | $74K | $21K | $0 | — | View 990 |
| 2012 | $43K | $63K | $50K | $0 | — | View 990 |
| 2011 | $38K | $44K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $109K, and assets of $107K (revenue +28.1% year-over-year).
- 2022: Revenue of $122K, expenses of $135K, and assets of $60K (revenue +68.1% year-over-year).
- 2021: Revenue of $73K, expenses of $111K, and assets of $73K (revenue -4.9% year-over-year).
- 2020: Revenue of $76K, expenses of $83K, and assets of $117K (revenue -31.7% year-over-year).
- 2019: Revenue of $112K, expenses of $88K, and assets of $123K (revenue -13.6% year-over-year).
- 2018: Revenue of $129K, expenses of $76K, and assets of $100K (revenue +45.4% year-over-year).
- 2017: Revenue of $89K, expenses of $70K, and assets of $51K (revenue +27.0% year-over-year).
- 2016: Revenue of $70K, expenses of $79K, and assets of $37K (revenue +13.1% year-over-year).
- 2015: Revenue of $62K, expenses of $63K, and assets of $46K (revenue -30.2% year-over-year).
- 2014: Revenue of $89K, expenses of $63K, and assets of $47K (revenue +59.9% year-over-year).
- 2013: Revenue of $56K, expenses of $74K, and assets of $21K (revenue +28.8% year-over-year).
- 2012: Revenue of $43K, expenses of $63K, and assets of $50K (revenue +14.6% year-over-year).
- 2011: Revenue of $38K, expenses of $44K, and assets of $70K.
Data Sources and Methodology
This transparency report for Jersey Shore Partnership Foundation 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.