Mental Health Association Of Monmouth County Inc

Mental Health Association Of Monmouth County Inc consistently dedicates over 70% of expenses to programs with no reported officer compensation.

EIN: 210665639 · Tinton Falls, NJ · Updated: 2026-03-28

$3.1MRevenue
$977KAssets
85/100Mission Score (Excellent)
Mental Health Association Of Monmouth County Inc Financial Summary
MetricValue
Total Revenue$3.1M
Total Expenses$3.8M
Program Spending75%
CEO/Top Officer Pay$3
Net Assets$231K
Transparency Score85/100

Is Mental Health Association Of Monmouth County Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mental Health Association Of Monmouth County Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mental Health Association Of Monmouth County Inc

Mental Health Association Of Monmouth County Inc (EIN: 210665639) is a nonprofit organization based in Tinton Falls, NJ. The organization reported total revenue of $3.1M and total assets of $977K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mental Health Association Of Monmouth County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

73Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Mental Health Association Of Monmouth County Inc is a mid-size 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 4.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$3.8M
Surplus / Deficit$-36,779
Total Assets$1.2M
Total Liabilities$943K
Net Assets$231K
Operating Margin-1.0%
Debt-to-Asset Ratio80.3%
Months of Reserves3.7 months

Financial Health Grade: C

In 2023, Mental Health Association Of Monmouth County Inc reported a deficit of $37K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 80.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Mental Health Association Of Monmouth County Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+0.5%+13.1%-32.9%
2022+25.8%+11.4%+40.2%
2021+0.6%+6.2%+64.9%
2020+5.7%-0.3%+104.5%
2019+4.3%+1.9%+27.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1953

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Mental Health Association Of Monmouth County Inc demonstrates a consistent commitment to its mission, with program spending typically accounting for a significant majority of its expenses. For instance, in the 202312 period, program service expenses were $2,825,000 out of total expenses of $3,766,693, indicating a strong focus on direct services. The organization has shown growth in revenue and assets over the past few years, with revenue increasing from $2,776,385 in 201912 to $3,729,914 in 202312, and assets growing from $370,108 to $1,174,345 in the same period. This growth suggests increasing capacity and reach. Financially, the organization appears stable, though it has experienced periods where expenses slightly exceeded revenue, such as in 202312 (expenses of $3,766,693 vs. revenue of $3,729,914) and 202112 (expenses of $2,988,929 vs. revenue of $2,951,162). However, these deficits are generally minor and do not indicate significant financial distress, especially given the overall asset growth. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and efficiency, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization has a unique compensation structure. Overall, the Mental Health Association Of Monmouth County Inc appears to be a financially sound organization with a strong dedication to its program services. Its consistent growth in revenue and assets, coupled with a high proportion of program spending and the reported absence of officer compensation, points to an efficient and mission-driven operation. The organization's financial health seems robust enough to support its ongoing mental health initiatives in Monmouth County.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mental Health Association Of Monmouth County 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Mental Health Association Of Monmouth County Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$3.7MTotal Revenue
$3.8MTotal Expenses
$1.2MTotal Assets
$943KTotal Liabilities
$231KNet Assets
  • The organization reported a deficit of $37K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 80.3%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $3 million. This suggests either a volunteer executive leadership, compensation structured outside of typical officer compensation reporting, or a high degree of financial efficiency in this area.

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 Mental Health Association Of Monmouth County Inc's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this size and could warrant further investigation into compensation practices.

Strengths

The following positive indicators were identified for Mental Health Association Of Monmouth County Inc:

  • Strong program spending ratio, consistently dedicating a high percentage of expenses to direct services (e.g., $2,825,000 in program services out of $3,766,693 total expenses in 202312).
  • Consistent revenue growth, increasing from $2,776,385 in 201912 to $3,729,914 in 202312.
  • Significant asset growth, with assets increasing from $370,108 in 201912 to $1,174,345 in 202312, indicating increasing financial capacity.
  • Stable financial history with 13 filings, demonstrating consistent operation and reporting.

Frequently Asked Questions about Mental Health Association Of Monmouth County Inc

Is Mental Health Association Of Monmouth County Inc a legitimate charity?

Mental Health Association Of Monmouth County Inc (EIN: 210665639) 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: $3.1M. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does Mental Health Association Of Monmouth County Inc spend its money?

Mental Health Association Of Monmouth County Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Mental Health Association Of Monmouth County Inc tax-deductible?

Mental Health Association Of Monmouth County Inc is registered as a tax-exempt nonprofit (EIN: 210665639). 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 Monmouth County Inc CEO make?

Mental Health Association Of Monmouth County Inc's highest-compensated officer earns $3 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mental Health Association Of Monmouth County Inc's spending goes to programs?

Mental Health Association Of Monmouth County Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Mental Health Association Of Monmouth County Inc located?

Mental Health Association Of Monmouth County Inc is headquartered in Tinton Falls, New Jersey and files with the IRS under EIN 210665639.

How many years of IRS 990 filings does Mental Health Association Of Monmouth County Inc have?

Mental Health Association Of Monmouth County 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 $3.1M in total revenue.

How does the organization sustain executive leadership without reported officer compensation?

The IRS 990 filings consistently show 0% officer compensation. This could mean executive roles are filled by volunteers, compensation is reported under different categories (e.g., salaries for non-officer employees), or the organization has a unique leadership structure. Further inquiry into their compensation policies would be needed to understand this fully.

What is the specific breakdown of program service expenses?

While the filings indicate a high percentage of program spending (e.g., $2,825,000 out of $3,766,693 total expenses in 202312), the detailed breakdown of these program services (e.g., specific mental health programs, counseling, advocacy) is not provided in the summary data. This information would typically be found in Schedule O or Part III of the full 990 form.

Are the minor deficits in some years a concern for long-term sustainability?

The minor deficits, such as in 202312 (expenses exceeding revenue by $36,779) and 202112 (expenses exceeding revenue by $37,767), are relatively small compared to the organization's overall revenue and growing asset base. Given the consistent growth in assets and overall financial stability, these small fluctuations are likely manageable and do not indicate a significant long-term sustainability risk.

Filing History

IRS 990 filing history for Mental Health Association Of Monmouth County Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mental Health Association Of Monmouth County Inc's revenue has grown by 73.7%, moving from $2.1M to $3.7M. Total assets increased by 411.8% over the same period, from $229K to $1.2M. Total functional expenses rose by 71%, from $2.2M to $3.8M. In its most recent filing year (2023), Mental Health Association Of Monmouth County Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $943K in liabilities against $1.2M in assets (debt-to-asset ratio: 80.3%), resulting in net assets of $231K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.7M $3.8M $1.2M $943K
2022 $3.7M $3.3M $1.8M $1.5M View 990
2021 $3.0M $3.0M $1.2M $1.4M View 990
2020 $2.9M $2.8M $757K $864K View 990
2019 $2.8M $2.8M $370K $603K View 990
2018 $2.7M $2.8M $291K $482K View 990
2017 $2.4M $2.6M $191K $273K View 990
2016 $2.7M $2.7M $376K $250K View 990
2015 $3.1M $3.1M $498K $339K View 990
2014 $2.9M $2.8M $409K $282K View 990
2013 $2.7M $2.6M $444K $390K View 990
2012 $2.2M $2.2M $278K $326K View 990
2011 $2.1M $2.2M $229K $279K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.7M, expenses of $3.8M, and assets of $1.2M (revenue +0.5% year-over-year).
  • 2022: Revenue of $3.7M, expenses of $3.3M, and assets of $1.8M (revenue +25.8% year-over-year).
  • 2021: Revenue of $3.0M, expenses of $3.0M, and assets of $1.2M (revenue +0.6% year-over-year).
  • 2020: Revenue of $2.9M, expenses of $2.8M, and assets of $757K (revenue +5.7% year-over-year).
  • 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $370K (revenue +4.3% year-over-year).
  • 2018: Revenue of $2.7M, expenses of $2.8M, and assets of $291K (revenue +10.8% year-over-year).
  • 2017: Revenue of $2.4M, expenses of $2.6M, and assets of $191K (revenue -10.0% year-over-year).
  • 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $376K (revenue -15.2% year-over-year).
  • 2015: Revenue of $3.1M, expenses of $3.1M, and assets of $498K (revenue +8.5% year-over-year).
  • 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $409K (revenue +5.6% year-over-year).
  • 2013: Revenue of $2.7M, expenses of $2.6M, and assets of $444K (revenue +24.9% year-over-year).
  • 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $278K (revenue +2.4% year-over-year).
  • 2011: Revenue of $2.1M, expenses of $2.2M, and assets of $229K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mental Health Association Of Monmouth County Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mental Health Association Of Monmouth County 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.

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