Mt Prospect Ave Neighborhoodimprovment District Management Corp
EIN: 260233858 · Newark, NJ · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $362K |
| Total Expenses | $428K |
| Net Assets | $331K |
Is Mt Prospect Ave Neighborhoodimprovment District Management Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mt Prospect Ave Neighborhoodimprovment District Management Corp
Mt Prospect Ave Neighborhoodimprovment District Management Corp (EIN: 260233858) is a nonprofit organization based in Newark, NJ, classified under NTEE code S20. The organization reported total revenue of $362K and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Prospect Ave Neighborhoodimprovment District Management Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Prospect Ave Neighborhoodimprovment District Management Corp is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $513K |
| Total Expenses | $428K |
| Surplus / Deficit | +$85K |
| Total Assets | $390K |
| Total Liabilities | $59K |
| Net Assets | $331K |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2023, Mt Prospect Ave Neighborhoodimprovment District Management Corp reported a surplus of $85K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mt Prospect Ave Neighborhoodimprovment District Management Corp's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.1% | +15.0% | +43.3% |
| 2022 | +0.0% | +12.6% | -19.3% |
| 2021 | -6.6% | +30.7% | -2.7% |
| 2020 | +4.9% | -20.6% | +35.2% |
| 2019 | -6.5% | -21.4% | +18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mt Prospect Ave Neighborhoodimprovment District Management Corp 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 Mt Prospect Ave Neighborhoodimprovment District Management Corp 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.2%.
Frequently Asked Questions about Mt Prospect Ave Neighborhoodimprovment District Management Corp
Is Mt Prospect Ave Neighborhoodimprovment District Management Corp a legitimate charity?
Mt Prospect Ave Neighborhoodimprovment District Management Corp (EIN: 260233858) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $362K. No red flags identified. Financial health grade: A.
How does Mt Prospect Ave Neighborhoodimprovment District Management Corp spend its money?
Mt Prospect Ave Neighborhoodimprovment District Management Corp reported $362K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mt Prospect Ave Neighborhoodimprovment District Management Corp tax-deductible?
Mt Prospect Ave Neighborhoodimprovment District Management Corp is registered as a tax-exempt nonprofit (EIN: 260233858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mt Prospect Ave Neighborhoodimprovment District Management Corp located?
Mt Prospect Ave Neighborhoodimprovment District Management Corp is headquartered in Newark, New Jersey and files with the IRS under EIN 260233858. It is classified under NTEE code S20.
How many years of IRS 990 filings does Mt Prospect Ave Neighborhoodimprovment District Management Corp have?
Mt Prospect Ave Neighborhoodimprovment District Management Corp 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 $362K in total revenue.
Filing History
IRS 990 filing history for Mt Prospect Ave Neighborhoodimprovment District Management Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mt Prospect Ave Neighborhoodimprovment District Management Corp's revenue has grown by 98.4%, moving from $259K to $513K. Total assets increased by 234.6% over the same period, from $116K to $390K. Total functional expenses rose by 59.4%, from $269K to $428K. In its most recent filing year (2023), Mt Prospect Ave Neighborhoodimprovment District Management Corp reported a surplus of $85K, with revenue exceeding expenses. The organization holds $59K in liabilities against $390K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $331K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $513K | $428K | $390K | $59K | — | — |
| 2022 | $327K | $372K | $272K | $19K | — | View 990 |
| 2021 | $327K | $331K | $337K | $33K | — | View 990 |
| 2020 | $350K | $253K | $347K | $38K | — | View 990 |
| 2019 | $333K | $319K | $256K | $39K | — | View 990 |
| 2018 | $356K | $406K | $216K | $6K | — | View 990 |
| 2017 | $320K | $320K | $269K | $10K | — | View 990 |
| 2016 | $309K | $283K | $271K | $12K | — | View 990 |
| 2015 | $303K | $269K | $242K | $7K | — | View 990 |
| 2014 | $308K | $274K | $207K | $7K | — | View 990 |
| 2013 | $286K | $248K | $170K | $5K | — | View 990 |
| 2012 | $262K | $247K | $132K | $5K | — | View 990 |
| 2011 | $259K | $269K | $116K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $513K, expenses of $428K, and assets of $390K (revenue +57.1% year-over-year).
- 2022: Revenue of $327K, expenses of $372K, and assets of $272K (revenue +0.0% year-over-year).
- 2021: Revenue of $327K, expenses of $331K, and assets of $337K (revenue -6.6% year-over-year).
- 2020: Revenue of $350K, expenses of $253K, and assets of $347K (revenue +4.9% year-over-year).
- 2019: Revenue of $333K, expenses of $319K, and assets of $256K (revenue -6.5% year-over-year).
- 2018: Revenue of $356K, expenses of $406K, and assets of $216K (revenue +11.4% year-over-year).
- 2017: Revenue of $320K, expenses of $320K, and assets of $269K (revenue +3.6% year-over-year).
- 2016: Revenue of $309K, expenses of $283K, and assets of $271K (revenue +1.8% year-over-year).
- 2015: Revenue of $303K, expenses of $269K, and assets of $242K (revenue -1.6% year-over-year).
- 2014: Revenue of $308K, expenses of $274K, and assets of $207K (revenue +7.7% year-over-year).
- 2013: Revenue of $286K, expenses of $248K, and assets of $170K (revenue +9.1% year-over-year).
- 2012: Revenue of $262K, expenses of $247K, and assets of $132K (revenue +1.5% year-over-year).
- 2011: Revenue of $259K, expenses of $269K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Prospect Ave Neighborhoodimprovment District Management Corp:
Data Sources and Methodology
This transparency report for Mt Prospect Ave Neighborhoodimprovment District Management Corp 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.