Medford Lakes Colony
Medford Lakes Colony consistently maintains financial surpluses and strong asset base with no reported officer compensation.
EIN: 210512290 · Medford Lakes, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 85/100 |
Is Medford Lakes Colony Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medford Lakes Colony directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medford Lakes Colony
Medford Lakes Colony (EIN: 210512290) is a nonprofit organization based in Medford Lakes, NJ. The organization reported total revenue of $1.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medford Lakes Colony's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medford Lakes Colony is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$92K |
| Total Assets | $4.3M |
| Total Liabilities | $731K |
| Net Assets | $3.6M |
| Operating Margin | 7.0% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 42.6 months |
Financial Health Grade: A
In 2023, Medford Lakes Colony reported a surplus of $92K with revenue exceeding expenses, holds 42.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Medford Lakes Colony's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +7.7% | -1.3% |
| 2022 | +12.9% | +10.3% | -0.8% |
| 2021 | +26.5% | +28.2% | -1.4% |
| 2020 | -19.7% | -27.6% | -1.1% |
| 2019 | +4.0% | -0.5% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Medford Lakes Colony 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, Medford Lakes Colony 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 surplus of $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.0%.
Executive Compensation Analysis
Medford Lakes Colony consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size and revenue, suggesting volunteer leadership or alternative compensation structures not captured 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 Medford Lakes Colony's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
- Unusually low (0%) officer compensation for an organization with over $1M in revenue, which might indicate alternative compensation structures or a fully volunteer-run leadership that could pose sustainability questions.
Strengths
The following positive indicators were identified for Medford Lakes Colony:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $1,305,337 revenue vs. $1,213,414 expenses in 2023).
- Strong and stable asset base, consistently above $4 million.
- Significant reduction in liabilities over the decade, from $1,804,204 in 2014 to $731,171 in 2023.
- Zero reported officer compensation, indicating potentially very low administrative overhead in this area.
Frequently Asked Questions about Medford Lakes Colony
Is Medford Lakes Colony a legitimate charity?
Medford Lakes Colony (EIN: 210512290) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Medford Lakes Colony spend its money?
Medford Lakes Colony directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Medford Lakes Colony tax-deductible?
Medford Lakes Colony is registered as a tax-exempt nonprofit (EIN: 210512290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medford Lakes Colony's spending goes to programs?
Medford Lakes Colony directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Medford Lakes Colony located?
Medford Lakes Colony is headquartered in Medford Lakes, New Jersey and files with the IRS under EIN 210512290.
How many years of IRS 990 filings does Medford Lakes Colony have?
Medford Lakes Colony 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 $1.6M in total revenue.
Is Medford Lakes Colony a good charity?
Based on its financial health, consistent surpluses, strong asset base, and zero reported officer compensation, Medford Lakes Colony appears to be a well-managed organization from a financial perspective. However, without detailed program spending and mission clarity, a full assessment of its charitable impact is limited.
How has Medford Lakes Colony's financial health changed over the past decade?
Medford Lakes Colony has shown consistent financial health over the past decade. Revenues have generally increased, from $1,138,943 in 2014 to $1,305,337 in 2023, and expenses have been well-managed, leading to consistent surpluses. Assets have remained robust, and liabilities have significantly decreased from $1,804,204 in 2014 to $731,171 in 2023, indicating improved financial stability.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or compensated through means not categorized as 'officer compensation' on the 990. This practice can lead to lower administrative costs and potentially more funds directed towards the organization's mission.
Filing History
IRS 990 filing history for Medford Lakes Colony showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Medford Lakes Colony's revenue has grown by 41.8%, moving from $921K to $1.3M. Total assets increased by 269.2% over the same period, from $1.2M to $4.3M. Total functional expenses rose by 64.5%, from $738K to $1.2M. In its most recent filing year (2023), Medford Lakes Colony reported a surplus of $92K, with revenue exceeding expenses. The organization holds $731K in liabilities against $4.3M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $4.3M | $731K | — | View 990 |
| 2022 | $1.3M | $1.1M | $4.4M | $882K | — | View 990 |
| 2021 | $1.1M | $1.0M | $4.4M | $1.0M | — | View 990 |
| 2020 | $881K | $796K | $4.5M | $1.2M | — | — |
| 2019 | $1.1M | $1.1M | $4.5M | $1.3M | — | View 990 |
| 2018 | $1.1M | $1.1M | $4.4M | $1.3M | — | View 990 |
| 2017 | $1.1M | $943K | $4.6M | $1.4M | — | View 990 |
| 2016 | $1.0M | $842K | $4.6M | $1.5M | — | View 990 |
| 2015 | $1.1M | $807K | $4.6M | $1.6M | — | View 990 |
| 2014 | $1.1M | $921K | $4.4M | $1.8M | — | View 990 |
| 2013 | $1.2M | $819K | $4.6M | $2.2M | — | View 990 |
| 2012 | $963K | $795K | $3.9M | $1.9M | — | View 990 |
| 2011 | $921K | $738K | $1.2M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $4.3M (revenue +3.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $4.4M (revenue +12.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $4.4M (revenue +26.5% year-over-year).
- 2020: Revenue of $881K, expenses of $796K, and assets of $4.5M (revenue -19.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $4.5M (revenue +4.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $4.4M (revenue -0.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $943K, and assets of $4.6M (revenue +5.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $842K, and assets of $4.6M (revenue -11.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $807K, and assets of $4.6M (revenue -0.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $921K, and assets of $4.4M (revenue -7.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $819K, and assets of $4.6M (revenue +28.3% year-over-year).
- 2012: Revenue of $963K, expenses of $795K, and assets of $3.9M (revenue +4.6% year-over-year).
- 2011: Revenue of $921K, expenses of $738K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medford Lakes Colony:
Data Sources and Methodology
This transparency report for Medford Lakes Colony 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.