Junior League Of Summit Inc
Junior League of Summit: Strong Assets, Consistent Revenue, and Community Focus
EIN: 221508586 · Summit, NJ · NTEE: S810 · Updated: 2026-04-04
Is Junior League Of Summit Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Junior League Of Summit Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Junior League Of Summit Inc
Junior League Of Summit Inc (EIN: 221508586) is a nonprofit organization based in Summit, NJ, classified under NTEE code S810. The organization reported total revenue of $430K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Junior League Of Summit 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 Junior League Of Summit Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Junior League Of Summit Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating that no individual received more than $100,000 in reportable compensation from the organization.
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 Junior League Of Summit Inc:
- Consistent asset growth over several years, reaching $1,302,272 in 2023.
- Stable revenue streams, with 2023 reporting $429,618 in revenue.
- Low liability relative to assets, indicating financial stability.
- Long-standing presence and community engagement in Summit, NJ.
Frequently Asked Questions about Junior League Of Summit Inc
Is Junior League Of Summit Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Junior League Of Summit Inc (EIN: 221508586) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Junior League Of Summit Inc spend its money?
Junior League Of Summit Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Junior League Of Summit Inc tax-deductible?
Junior League Of Summit Inc is registered as a tax-exempt nonprofit (EIN: 221508586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Junior League Of Summit Inc do?
Junior League Of Summit Inc is a nonprofit organization in the Community Improvement sector, located in Summit, New Jersey. It is classified under NTEE code S810.
How much revenue does Junior League Of Summit Inc have?
Junior League Of Summit Inc reported total revenue of $429,618. Based on 14 IRS 990 filings on record.
What are Junior League Of Summit Inc's total assets?
Junior League Of Summit Inc holds total assets of $1,302,272 as reported in IRS 990 filings.
Where is Junior League Of Summit Inc located?
Junior League Of Summit Inc is based in Summit, New Jersey.
What is Junior League Of Summit Inc's EIN?
Junior League Of Summit Inc's Employer Identification Number (EIN) is 221508586. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Junior League Of Summit Inc?
Junior League Of Summit Inc is classified under NTEE code S810 (Community Improvement).
Is Junior League Of Summit Inc a registered 501(c)(3)?
Yes, Junior League Of Summit Inc is recognized as a tax-exempt organization by the IRS. EIN: 221508586.
Does Junior League Of Summit Inc file IRS Form 990?
Yes, Junior League Of Summit Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Junior League Of Summit Inc's revenue in 2023?
In the 202306 filing period, Junior League Of Summit Inc reported total revenue of $380,221, total expenses of $313,270, and net assets of $1,219,643.
Is Junior League Of Summit Inc's revenue growing or declining?
Junior League Of Summit Inc's revenue is relatively stable. Revenue went from $365,781 (202206) to $380,221 (202306), a +3.9% change. Based on 14 filings on record.
What is Junior League Of Summit Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Junior League Of Summit Inc covers tax period 202306. It shows revenue of $380,221, expenses of $313,270, total assets of $1,219,643, and liabilities of $31,328.
How much does Junior League Of Summit Inc spend on programs vs administration?
Based on IRS 990 analysis, Junior League Of Summit Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Junior League Of Summit Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Junior League Of Summit Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Junior League Of Summit Inc's strengths?
Positive indicators for Junior League Of Summit Inc include: Consistent asset growth over several years, reaching $1,302,272 in 2023.. Stable revenue streams, with 2023 reporting $429,618 in revenue.. Low liability relative to assets, indicating financial stability.. Long-standing presence and community engagement in Summit, NJ.. These findings are derived from AI analysis of the organization's financial filings.
How does Junior League Of Summit Inc compensate executives?
Executive compensation is not reported in the provided data, indicating that no individual received more than $100,000 in reportable compensation from the organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Junior League of Summit Inc. sustain its asset growth despite fluctuating annual revenues and expenses?
The organization consistently maintains a healthy balance of assets over liabilities, suggesting effective financial management and potentially a strong endowment or investment strategy that allows for asset accumulation even when annual operating figures vary. For example, in 2023, assets were $1,302,272 against liabilities of $31,328.
What specific programs or initiatives account for the majority of the organization's expenses, given the general nature of the provided financial data?
While the data shows total expenses (e.g., $313,270 in 2023), it does not disaggregate these expenses by specific program areas. To understand the allocation, one would need to review the detailed program service accomplishments section of their Form 990 filings.
Filing History
IRS 990 filing history for Junior League Of Summit Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Junior League Of Summit Inc's revenue has grown by 33.6%, moving from $285K to $380K. Total assets increased by 70.2% over the same period, from $717K to $1.2M. Total functional expenses rose by 17%, from $268K to $313K. In its most recent filing year (2023), Junior League Of Summit Inc reported a surplus of $67K, with revenue exceeding expenses. The organization holds $31K in liabilities against $1.2M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $313K | $1.2M | $31K | — | — |
| 2022 | $366K | $314K | $1.2M | $82K | — | View 990 |
| 2021 | $326K | $500K | $1.1M | $65K | — | View 990 |
| 2020 | $55K | $37K | $1.3M | $50K | — | View 990 |
| 2020 | $565K | $446K | $1.3M | $55K | — | View 990 |
| 2019 | $429K | $380K | $1.1M | $46K | — | View 990 |
| 2018 | $375K | $320K | $1.1M | $38K | — | View 990 |
| 2017 | $337K | $248K | $995K | $25K | — | View 990 |
| 2016 | $294K | $282K | $898K | $25K | — | View 990 |
| 2015 | $553K | $336K | $889K | $28K | — | View 990 |
| 2014 | $291K | $341K | $680K | $46K | — | View 990 |
| 2013 | $292K | $307K | $720K | $50K | — | View 990 |
| 2012 | $285K | $284K | $747K | $78K | — | View 990 |
| 2011 | $285K | $268K | $717K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $313K, and assets of $1.2M (revenue +3.9% year-over-year).
- 2022: Revenue of $366K, expenses of $314K, and assets of $1.2M (revenue +12.1% year-over-year).
- 2021: Revenue of $326K, expenses of $500K, and assets of $1.1M (revenue +494.9% year-over-year).
- 2020: Revenue of $55K, expenses of $37K, and assets of $1.3M (revenue -90.3% year-over-year).
- 2020: Revenue of $565K, expenses of $446K, and assets of $1.3M (revenue +31.9% year-over-year).
- 2019: Revenue of $429K, expenses of $380K, and assets of $1.1M (revenue +14.4% year-over-year).
- 2018: Revenue of $375K, expenses of $320K, and assets of $1.1M (revenue +11.3% year-over-year).
- 2017: Revenue of $337K, expenses of $248K, and assets of $995K (revenue +14.6% year-over-year).
- 2016: Revenue of $294K, expenses of $282K, and assets of $898K (revenue -46.9% year-over-year).
- 2015: Revenue of $553K, expenses of $336K, and assets of $889K (revenue +89.8% year-over-year).
- 2014: Revenue of $291K, expenses of $341K, and assets of $680K (revenue -0.4% year-over-year).
- 2013: Revenue of $292K, expenses of $307K, and assets of $720K (revenue +2.5% year-over-year).
- 2012: Revenue of $285K, expenses of $284K, and assets of $747K (revenue +0.3% year-over-year).
- 2011: Revenue of $285K, expenses of $268K, and assets of $717K.
Data Sources and Methodology
This transparency report for Junior League Of Summit 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.