Martin & Edith Stein Hospice A Nj Nonprofit Corporation
Martin & Edith Stein Hospice consistently operates near break-even with no reported officer compensation.
EIN: 202277539 · Somerset, NJ · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $4.9M |
| Program Spending | 85% |
| Net Assets | $108K |
| Transparency Score | 85/100 |
Is Martin & Edith Stein Hospice A Nj Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martin & Edith Stein Hospice A Nj Nonprofit Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martin & Edith Stein Hospice A Nj Nonprofit Corporation
Martin & Edith Stein Hospice A Nj Nonprofit Corporation (EIN: 202277539) is a nonprofit organization based in Somerset, NJ, classified under NTEE code E910. The organization reported total revenue of $5.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin & Edith Stein Hospice A Nj Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin & Edith Stein Hospice A Nj Nonprofit Corporation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.9M |
| Surplus / Deficit | $-157,798 |
| Total Assets | $826K |
| Total Liabilities | $719K |
| Net Assets | $108K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 87.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Martin & Edith Stein Hospice A Nj Nonprofit Corporation reported a deficit of $158K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 87.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Martin & Edith Stein Hospice A Nj Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.5% | +5.2% | +7.8% |
| 2022 | -21.9% | -12.0% | -45.9% |
| 2021 | +1.2% | +3.4% | -27.2% |
| 2020 | -3.0% | -0.4% | -9.4% |
| 2019 | +16.7% | +18.2% | +40.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Martin & Edith Stein Hospice A Nj Nonprofit Corporation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Martin & Edith Stein Hospice A Nj Nonprofit Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $158K, with expenses exceeding revenue.
- Debt-to-asset ratio: 87.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.
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 Martin & Edith Stein Hospice A Nj Nonprofit Corporation's IRS 990 filings:
- Recent trend of expenses exceeding revenue (e.g., 202312 and 202212 filings)
- Significant decrease in assets from a peak of $2.1M in 201912 to $826K in 202312
Strengths
The following positive indicators were identified for Martin & Edith Stein Hospice A Nj Nonprofit Corporation:
- Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation to mission.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Stable revenue generation over the past decade, generally in the $3.3M-$5.7M range.
Frequently Asked Questions about Martin & Edith Stein Hospice A Nj Nonprofit Corporation
Is Martin & Edith Stein Hospice A Nj Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Martin & Edith Stein Hospice A Nj Nonprofit Corporation (EIN: 202277539) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Martin & Edith Stein Hospice A Nj Nonprofit Corporation spend its money?
Martin & Edith Stein Hospice A Nj Nonprofit Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Martin & Edith Stein Hospice A Nj Nonprofit Corporation tax-deductible?
Martin & Edith Stein Hospice A Nj Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 202277539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Martin & Edith Stein Hospice A Nj Nonprofit Corporation's spending goes to programs?
Martin & Edith Stein Hospice A Nj Nonprofit Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Martin & Edith Stein Hospice A Nj Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Martin & Edith Stein Hospice A Nj Nonprofit Corporation is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martin & Edith Stein Hospice A Nj Nonprofit Corporation located?
Martin & Edith Stein Hospice A Nj Nonprofit Corporation is headquartered in Somerset, New Jersey and files with the IRS under EIN 202277539. It is classified under NTEE code E910.
How many years of IRS 990 filings does Martin & Edith Stein Hospice A Nj Nonprofit Corporation have?
Martin & Edith Stein Hospice A Nj Nonprofit Corporation 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 $5.8M in total revenue.
Is Martin & Edith Stein Hospice A Nj Nonprofit Corporation financially sustainable given recent deficits?
While the organization has experienced slight deficits in recent years (e.g., $157,798 in 202312 and $653,447 in 202212), its overall financial history shows a pattern of revenues closely matching expenses. The current asset base of $826,407 in 202312, while lower than previous years, suggests some reserves. Long-term sustainability will depend on addressing these deficits and potentially diversifying revenue streams or optimizing operational costs.
How does the 0% officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation is a significant positive for donor confidence, as it implies that all funds are directed towards program services and operational costs rather than executive salaries. This could indicate a highly dedicated volunteer leadership or that executive functions are integrated into other staff roles, enhancing perceived efficiency.
Filing History
IRS 990 filing history for Martin & Edith Stein Hospice A Nj Nonprofit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Martin & Edith Stein Hospice A Nj Nonprofit Corporation's revenue has grown by 105.6%, moving from $2.3M to $4.7M. Total assets increased by 29.6% over the same period, from $638K to $826K. Total functional expenses rose by 110.9%, from $2.3M to $4.9M. In its most recent filing year (2023), Martin & Edith Stein Hospice A Nj Nonprofit Corporation reported a deficit of $158K, with expenses exceeding revenue. The organization holds $719K in liabilities against $826K in assets (debt-to-asset ratio: 87.0%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.9M | $826K | $719K | — | View 990 |
| 2022 | $4.0M | $4.6M | $766K | $246K | — | View 990 |
| 2021 | $5.1M | $5.3M | $1.4M | $243K | — | View 990 |
| 2020 | $5.0M | $5.1M | $1.9M | $601K | — | — |
| 2019 | $5.2M | $5.1M | $2.1M | $805K | — | View 990 |
| 2018 | $4.5M | $4.3M | $1.5M | $319K | — | View 990 |
| 2017 | $4.8M | $4.6M | $1.4M | $287K | — | — |
| 2016 | $4.4M | $4.4M | $1.2M | $272K | — | View 990 |
| 2015 | $3.7M | $3.6M | $1.3M | $492K | — | View 990 |
| 2014 | $3.3M | $3.4M | $1.1M | $292K | — | View 990 |
| 2013 | $3.1M | $3.0M | $1.2M | $271K | — | View 990 |
| 2012 | $2.4M | $2.4M | $914K | $121K | — | View 990 |
| 2011 | $2.3M | $2.3M | $638K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.9M, and assets of $826K (revenue +18.5% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.6M, and assets of $766K (revenue -21.9% year-over-year).
- 2021: Revenue of $5.1M, expenses of $5.3M, and assets of $1.4M (revenue +1.2% year-over-year).
- 2020: Revenue of $5.0M, expenses of $5.1M, and assets of $1.9M (revenue -3.0% year-over-year).
- 2019: Revenue of $5.2M, expenses of $5.1M, and assets of $2.1M (revenue +16.7% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.3M, and assets of $1.5M (revenue -6.5% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.6M, and assets of $1.4M (revenue +7.6% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.4M, and assets of $1.2M (revenue +21.3% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.6M, and assets of $1.3M (revenue +10.0% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.4M, and assets of $1.1M (revenue +7.6% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.0M, and assets of $1.2M (revenue +26.6% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $914K (revenue +6.1% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $638K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin & Edith Stein Hospice A Nj Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Martin & Edith Stein Hospice A Nj Nonprofit Corporation 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.