Mental Health Association Of Essex And Morris Inc
Mental Health Association of Essex and Morris Inc: Strong Growth, Prudent Spending
EIN: 221568147 · Montclair, NJ · NTEE: F80Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $23.1M |
| Total Expenses | $19.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $275,000 |
| Net Assets | $11.5M |
| Transparency Score | 85/100 |
Is Mental Health Association Of Essex And Morris Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mental Health Association Of Essex And Morris Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mental Health Association Of Essex And Morris Inc
Mental Health Association Of Essex And Morris Inc (EIN: 221568147) is a nonprofit organization based in Montclair, NJ, classified under NTEE code F80Z. The organization reported total revenue of $23.1M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Association Of Essex And Morris Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mental Health Association Of Essex And Morris Inc is a large nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.7M |
| Total Expenses | $19.0M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $20.5M |
| Total Liabilities | $9.1M |
| Net Assets | $11.5M |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 44.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Mental Health Association Of Essex And Morris Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mental Health Association Of Essex And Morris Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.5% | +27.1% | +21.8% |
| 2022 | -10.6% | +4.2% | +5.9% |
| 2021 | +17.1% | +1.2% | +10.1% |
| 2020 | +8.1% | +5.3% | +30.5% |
| 2019 | +9.3% | +5.8% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1953 |
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 Mental Health Association Of Essex And Morris 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mental Health Association Of Essex And Morris Inc 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 $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.1%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and growth, with the CEO's reported compensation of $275,000 in 2023 representing a responsible allocation of resources.
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 Mental Health Association Of Essex And Morris Inc:
- Consistent revenue growth from $7.9M in 2016 to $23.0M in 2023, indicating strong donor support and program expansion.
- Healthy asset growth from $8.5M in 2016 to $21.5M in 2023, enhancing long-term stability.
- Low fundraising costs, suggesting efficient resource allocation towards mission-related activities.
- Strong program spending, with approximately 85% of expenses dedicated to programs.
- Positive net assets and no reported unrelated business income tax liability.
Frequently Asked Questions about Mental Health Association Of Essex And Morris Inc
Is Mental Health Association Of Essex And Morris Inc a legitimate charity?
Mental Health Association Of Essex And Morris Inc (EIN: 221568147) 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: $23.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Mental Health Association Of Essex And Morris Inc spend its money?
Mental Health Association Of Essex And Morris Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mental Health Association Of Essex And Morris Inc tax-deductible?
Mental Health Association Of Essex And Morris Inc is registered as a tax-exempt nonprofit (EIN: 221568147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mental Health Association Of Essex And Morris Inc CEO make?
Mental Health Association Of Essex And Morris Inc's highest-compensated officer earns $275,000 annually. The organization reported $23.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mental Health Association Of Essex And Morris Inc's spending goes to programs?
Mental Health Association Of Essex And Morris Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mental Health Association Of Essex And Morris Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mental Health Association Of Essex And Morris Inc is above average for NTEE category F80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mental Health Association Of Essex And Morris Inc located?
Mental Health Association Of Essex And Morris Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 221568147. It is classified under NTEE code F80Z.
How many years of IRS 990 filings does Mental Health Association Of Essex And Morris Inc have?
Mental Health Association Of Essex And Morris 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 $23.1M in total revenue.
What does Mental Health Association Of Essex And Morris Inc do?
Mental Health Association Of Essex And Morris Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Montclair, New Jersey. It is classified under NTEE code F80Z.
How much revenue does Mental Health Association Of Essex And Morris Inc have?
Mental Health Association Of Essex And Morris Inc reported total revenue of $23,081,229. Based on 13 IRS 990 filings on record.
What are Mental Health Association Of Essex And Morris Inc's total assets?
Mental Health Association Of Essex And Morris Inc holds total assets of $21,577,006 as reported in IRS 990 filings.
Where is Mental Health Association Of Essex And Morris Inc located?
Mental Health Association Of Essex And Morris Inc is based in Montclair, New Jersey.
What is Mental Health Association Of Essex And Morris Inc's EIN?
Mental Health Association Of Essex And Morris Inc's Employer Identification Number (EIN) is 221568147. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mental Health Association Of Essex And Morris Inc?
Mental Health Association Of Essex And Morris Inc is classified under NTEE code F80Z (Mental Health & Crisis Intervention).
Is Mental Health Association Of Essex And Morris Inc a registered 501(c)(3)?
Yes, Mental Health Association Of Essex And Morris Inc is recognized as a tax-exempt organization by the IRS. EIN: 221568147.
Does Mental Health Association Of Essex And Morris Inc file IRS Form 990?
Yes, Mental Health Association Of Essex And Morris Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Mental Health Association Of Essex And Morris Inc's revenue in 2023?
In the 202306 filing period, Mental Health Association Of Essex And Morris Inc reported total revenue of $21,739,427, total expenses of $19,001,946, and net assets of $20,516,219.
Is Mental Health Association Of Essex And Morris Inc's revenue growing or declining?
Mental Health Association Of Essex And Morris Inc's revenue is growing. Revenue went from $15,472,630 (202206) to $21,739,427 (202306), a +40.5% change. Based on 13 filings on record.
What is Mental Health Association Of Essex And Morris Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Mental Health Association Of Essex And Morris Inc covers tax period 202306. It shows revenue of $21,739,427, expenses of $19,001,946, total assets of $20,516,219, and liabilities of $9,057,425.
How much does Mental Health Association Of Essex And Morris Inc spend on programs vs administration?
Based on IRS 990 analysis, Mental Health Association Of Essex And Morris Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Mental Health Association Of Essex And Morris Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Mental Health Association Of Essex And Morris Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Mental Health Association Of Essex And Morris Inc's strengths?
Positive indicators for Mental Health Association Of Essex And Morris Inc include: Consistent revenue growth from $7.9M in 2016 to $23.0M in 2023, indicating strong donor support and program expansion.. Healthy asset growth from $8.5M in 2016 to $21.5M in 2023, enhancing long-term stability.. Low fundraising costs, suggesting efficient resource allocation towards mission-related activities.. Strong program spending, with approximately 85% of expenses dedicated to programs.. Positive net assets and no reported unrelated business income tax liability.. These findings are derived from AI analysis of the organization's financial filings.
How does Mental Health Association Of Essex And Morris Inc compensate executives?
Executive compensation appears reasonable given the organization's size and growth, with the CEO's reported compensation of $275,000 in 2023 representing a responsible allocation of resources. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve such significant revenue growth, nearly tripling its revenue in seven years?
The organization's consistent growth suggests successful program expansion, effective grant acquisition, and strong community engagement, likely driven by increasing demand for mental health services and robust fundraising efforts.
What specific programs or initiatives have contributed most to the substantial increase in program expenses from $8.4M in 2017 to $19.0M in 2023?
While specific program details are not provided in the raw data, the significant increase in program expenses indicates a substantial scaling of direct services, potentially including new mental health support programs, expanded outreach, or increased capacity for existing services to meet community needs.
Filing History
IRS 990 filing history for Mental Health Association Of Essex And Morris Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mental Health Association Of Essex And Morris Inc's revenue has grown by 181.7%, moving from $7.7M to $21.7M. Total assets increased by 257.7% over the same period, from $5.7M to $20.5M. Total functional expenses rose by 142.3%, from $7.8M to $19.0M. In its most recent filing year (2023), Mental Health Association Of Essex And Morris Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $9.1M in liabilities against $20.5M in assets (debt-to-asset ratio: 44.1%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.7M | $19.0M | $20.5M | $9.1M | — | View 990 |
| 2022 | $15.5M | $14.9M | $16.8M | $9.5M | — | View 990 |
| 2021 | $17.3M | $14.3M | $15.9M | $8.5M | — | View 990 |
| 2020 | $14.8M | $14.2M | $14.4M | $10.3M | — | View 990 |
| 2019 | $13.7M | $13.5M | $11.1M | $7.5M | — | View 990 |
| 2018 | $12.5M | $12.7M | $10.5M | $7.1M | — | View 990 |
| 2017 | $9.3M | $8.5M | $9.5M | $6.7M | — | View 990 |
| 2016 | $7.9M | $8.2M | $8.5M | $6.6M | — | View 990 |
| 2015 | $8.1M | $8.2M | $8.9M | $6.6M | — | View 990 |
| 2014 | $8.3M | $8.5M | $9.3M | $7.0M | — | View 990 |
| 2013 | $8.5M | $8.6M | $8.3M | $5.7M | — | View 990 |
| 2012 | $8.0M | $8.0M | $7.1M | $4.6M | — | View 990 |
| 2011 | $7.7M | $7.8M | $5.7M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.7M, expenses of $19.0M, and assets of $20.5M (revenue +40.5% year-over-year).
- 2022: Revenue of $15.5M, expenses of $14.9M, and assets of $16.8M (revenue -10.6% year-over-year).
- 2021: Revenue of $17.3M, expenses of $14.3M, and assets of $15.9M (revenue +17.1% year-over-year).
- 2020: Revenue of $14.8M, expenses of $14.2M, and assets of $14.4M (revenue +8.1% year-over-year).
- 2019: Revenue of $13.7M, expenses of $13.5M, and assets of $11.1M (revenue +9.3% year-over-year).
- 2018: Revenue of $12.5M, expenses of $12.7M, and assets of $10.5M (revenue +34.3% year-over-year).
- 2017: Revenue of $9.3M, expenses of $8.5M, and assets of $9.5M (revenue +17.9% year-over-year).
- 2016: Revenue of $7.9M, expenses of $8.2M, and assets of $8.5M (revenue -2.9% year-over-year).
- 2015: Revenue of $8.1M, expenses of $8.2M, and assets of $8.9M (revenue -1.5% year-over-year).
- 2014: Revenue of $8.3M, expenses of $8.5M, and assets of $9.3M (revenue -2.8% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.6M, and assets of $8.3M (revenue +6.3% year-over-year).
- 2012: Revenue of $8.0M, expenses of $8.0M, and assets of $7.1M (revenue +3.6% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.8M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mental Health Association Of Essex And Morris Inc:
Data Sources and Methodology
This transparency report for Mental Health Association Of Essex And Morris 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.