Murray Grove Association
Murray Grove Association: Consistent Program Spending Amidst Revenue Fluctuations
EIN: 222097698 · Lanoka Harbor, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $425K |
| Program Spending | 68% |
| Net Assets | $1.2M |
| Transparency Score | 75/100 |
Is Murray Grove Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Murray Grove Association directs 68% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Murray Grove Association
Murray Grove Association (EIN: 222097698) is a nonprofit organization based in Lanoka Harbor, NJ. The organization reported total revenue of $214K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Murray Grove Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Murray Grove Association is a small nonprofit that has been operating for 68 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $425K |
| Surplus / Deficit | $-194,240 |
| Total Assets | $1.3M |
| Total Liabilities | $20K |
| Net Assets | $1.2M |
| Operating Margin | -84.3% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 35.5 months |
Financial Health Grade: B
In 2023, Murray Grove Association reported a deficit of $194K with expenses exceeding revenue, holds 35.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Murray Grove Association's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.0% | +31.6% | +22.2% |
| 2022 | +92.3% | -3.0% | -3.5% |
| 2021 | -21.9% | -4.5% | -11.0% |
| 2020 | -27.2% | -6.6% | -9.4% |
| 2019 | -2.9% | -0.6% | +34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1958 |
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 Murray Grove Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 12%
- programs: 68%
- fundraising: 20%
According to IRS 990 filings, Murray Grove Association allocates its expenses as follows: admin: 12%, programs: 68%, fundraising: 20%. Approximately 68% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $194K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for key employees are provided in the available data.
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 Murray Grove Association's IRS 990 filings:
- Revenue has shown significant year-over-year fluctuations (e.g., $371,532 in 2022 vs. $230,293 in 2023), which could indicate an unstable funding model.
- The provided data lacks details on specific programs or services, making it difficult to evaluate the direct impact of spending.
Strengths
The following positive indicators were identified for Murray Grove Association:
- The organization consistently maintains a healthy asset base, with assets exceeding $1 million in most years.
- Expenses have remained relatively stable over the past five years, suggesting consistent operational costs.
- The organization has consistently reported 0% lobbying expenses, indicating a focus on direct mission activities.
Frequently Asked Questions about Murray Grove Association
Is Murray Grove Association a legitimate charity?
Murray Grove Association (EIN: 222097698) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. Total revenue: $214K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Murray Grove Association spend its money?
Murray Grove Association directs 68% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Murray Grove Association tax-deductible?
Murray Grove Association is registered as a tax-exempt nonprofit (EIN: 222097698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Murray Grove Association's spending goes to programs?
Murray Grove Association directs 68% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Murray Grove Association located?
Murray Grove Association is headquartered in Lanoka Harbor, New Jersey and files with the IRS under EIN 222097698.
How many years of IRS 990 filings does Murray Grove Association have?
Murray Grove Association has 6 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 $214K in total revenue.
What does Murray Grove Association do?
Murray Grove Association is a nonprofit organization in the Unknown sector, located in Lanoka Harbor, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Murray Grove Association have?
Murray Grove Association reported total revenue of $214,031. Based on 6 IRS 990 filings on record.
What are Murray Grove Association's total assets?
Murray Grove Association holds total assets of $1,104,366 as reported in IRS 990 filings.
Where is Murray Grove Association located?
Murray Grove Association is based in Lanoka Harbor, New Jersey.
What is Murray Grove Association's EIN?
Murray Grove Association's Employer Identification Number (EIN) is 222097698. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Murray Grove Association?
Murray Grove Association is classified under NTEE code Unknown (Unknown).
Is Murray Grove Association a registered 501(c)(3)?
Murray Grove Association appears in IRS records (EIN: 222097698). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Murray Grove Association file IRS Form 990?
Yes, Murray Grove Association has 6 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Murray Grove Association's revenue in 2023?
In the 202312 filing period, Murray Grove Association reported total revenue of $230,293, total expenses of $424,533, and net assets of $1,254,855.
Is Murray Grove Association's revenue growing or declining?
Murray Grove Association's revenue is declining. Revenue went from $371,532 (202212) to $230,293 (202312), a -38.0% change. Based on 6 filings on record.
What is Murray Grove Association's most recent 990 filing?
The most recent IRS Form 990 filing for Murray Grove Association covers tax period 202312. It shows revenue of $230,293, expenses of $424,533, total assets of $1,254,855, and liabilities of $20,100.
How much does Murray Grove Association spend on programs vs administration?
Based on IRS 990 analysis, Murray Grove Association allocates approximately 68% of expenses to program services, 12% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Murray Grove Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Murray Grove Association appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Murray Grove Association?
The following concerns were identified: Revenue has shown significant year-over-year fluctuations (e.g., $371,532 in 2022 vs. $230,293 in 2023), which could indicate an unstable funding model.. The provided data lacks details on specific programs or services, making it difficult to evaluate the direct impact of spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Murray Grove Association's strengths?
Positive indicators for Murray Grove Association include: The organization consistently maintains a healthy asset base, with assets exceeding $1 million in most years.. Expenses have remained relatively stable over the past five years, suggesting consistent operational costs.. The organization has consistently reported 0% lobbying expenses, indicating a focus on direct mission activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Murray Grove Association compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for key employees are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant revenue fluctuations, what strategies does Murray Grove Association employ to ensure consistent program delivery and financial stability?
While the data shows revenue volatility, the consistent expense levels and stable asset base suggest the organization may rely on reserves or diverse funding streams to maintain operations. Further details on funding sources would be needed to fully understand their strategy.
How does Murray Grove Association allocate its 'program' spending, and what are the key outcomes or beneficiaries of these programs?
The provided data indicates a significant portion of spending on programs (around 68% based on expense breakdown), but it does not detail the nature of these programs or their impact. This information would be crucial for a comprehensive evaluation of their effectiveness.
Filing History
IRS 990 filing history for Murray Grove Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Murray Grove Association's revenue has declined by 34.2%, moving from $350K to $230K. Total assets increased by 27.9% over the same period, from $981K to $1.3M. Total functional expenses rose by 13.3%, from $375K to $425K. In its most recent filing year (2023), Murray Grove Association reported a deficit of $194K, with expenses exceeding revenue. The organization holds $20K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $230K | $425K | $1.3M | $20K | — | — |
| 2022 | $372K | $323K | $1.0M | $140K | — | View 990 |
| 2021 | $193K | $333K | $1.1M | $225K | — | View 990 |
| 2020 | $247K | $348K | $1.2M | $218K | — | — |
| 2019 | $340K | $373K | $1.3M | $242K | — | View 990 |
| 2018 | $350K | $375K | $981K | $271K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $230K, expenses of $425K, and assets of $1.3M (revenue -38.0% year-over-year).
- 2022: Revenue of $372K, expenses of $323K, and assets of $1.0M (revenue +92.3% year-over-year).
- 2021: Revenue of $193K, expenses of $333K, and assets of $1.1M (revenue -21.9% year-over-year).
- 2020: Revenue of $247K, expenses of $348K, and assets of $1.2M (revenue -27.2% year-over-year).
- 2019: Revenue of $340K, expenses of $373K, and assets of $1.3M (revenue -2.9% year-over-year).
- 2018: Revenue of $350K, expenses of $375K, and assets of $981K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Murray Grove Association:
Data Sources and Methodology
This transparency report for Murray Grove Association 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.