Monmouth Park Charity Fund Inc
EIN: 226063135 · Oceanport, NJ
Is Monmouth Park Charity Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monmouth Park Charity Fund Inc
Monmouth Park Charity Fund Inc (EIN: 226063135) is a nonprofit organization based in Oceanport, NJ. The organization reported total revenue of $462K and total assets of $339K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monmouth Park Charity Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Monmouth Park Charity Fund Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Monmouth Park Charity Fund Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Monmouth Park Charity Fund Inc
Is Monmouth Park Charity Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth Park Charity Fund Inc (EIN: 226063135) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monmouth Park Charity Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Monmouth Park Charity Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Monmouth Park Charity Fund Inc tax-deductible?
Monmouth Park Charity Fund Inc is registered as a tax-exempt nonprofit (EIN: 226063135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Monmouth Park Charity Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monmouth Park Charity Fund Inc's revenue has grown by 238.6%, moving from $98K to $331K. Total assets increased by 456.8% over the same period, from $74K to $412K. Total functional expenses rose by 705%, from $44K to $354K. In its most recent filing year (2023), Monmouth Park Charity Fund Inc reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $331K | $354K | $412K | $0 | — | — |
| 2022 | $469K | $295K | $435K | $0 | — | View 990 |
| 2021 | $168K | $187K | $275K | $15K | — | View 990 |
| 2020 | $239K | $204K | $280K | $0 | — | — |
| 2019 | $373K | $296K | $245K | $0 | — | View 990 |
| 2018 | $298K | $268K | $167K | $0 | — | View 990 |
| 2017 | $238K | $213K | $138K | $0 | — | View 990 |
| 2016 | $254K | $275K | $113K | $0 | — | View 990 |
| 2015 | $221K | $205K | $134K | $0 | — | View 990 |
| 2014 | $205K | $169K | $118K | $0 | — | View 990 |
| 2013 | $174K | $164K | $82K | $0 | — | View 990 |
| 2012 | $151K | $153K | $71K | $0 | — | View 990 |
| 2011 | $98K | $44K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $331K, expenses of $354K, and assets of $412K (revenue -29.4% year-over-year).
- 2022: Revenue of $469K, expenses of $295K, and assets of $435K (revenue +180.1% year-over-year).
- 2021: Revenue of $168K, expenses of $187K, and assets of $275K (revenue -29.9% year-over-year).
- 2020: Revenue of $239K, expenses of $204K, and assets of $280K (revenue -36.0% year-over-year).
- 2019: Revenue of $373K, expenses of $296K, and assets of $245K (revenue +25.4% year-over-year).
- 2018: Revenue of $298K, expenses of $268K, and assets of $167K (revenue +25.1% year-over-year).
- 2017: Revenue of $238K, expenses of $213K, and assets of $138K (revenue -6.3% year-over-year).
- 2016: Revenue of $254K, expenses of $275K, and assets of $113K (revenue +14.9% year-over-year).
- 2015: Revenue of $221K, expenses of $205K, and assets of $134K (revenue +7.8% year-over-year).
- 2014: Revenue of $205K, expenses of $169K, and assets of $118K (revenue +17.7% year-over-year).
- 2013: Revenue of $174K, expenses of $164K, and assets of $82K (revenue +15.5% year-over-year).
- 2012: Revenue of $151K, expenses of $153K, and assets of $71K (revenue +54.1% year-over-year).
- 2011: Revenue of $98K, expenses of $44K, and assets of $74K.
Data Sources and Methodology
This transparency report for Monmouth Park Charity Fund 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.