Naifa New Jersey Inc
Naifa New Jersey Inc: Consistent Revenue, High Administrative Costs
EIN: 221510774 · Cedar Falls, IA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $83K |
| Program Spending | 10% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $143K |
| Transparency Score | 65/100 |
Is Naifa New Jersey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Naifa New Jersey Inc directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Naifa New Jersey Inc
Naifa New Jersey Inc (EIN: 221510774) is a nonprofit organization based in Cedar Falls, IA. The organization reported total revenue of $123K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naifa New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Naifa New Jersey Inc is a small nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $83K |
| Surplus / Deficit | +$24K |
| Total Assets | $193K |
| Total Liabilities | $50K |
| Net Assets | $143K |
| Operating Margin | 22.5% |
| Debt-to-Asset Ratio | 25.8% |
| Months of Reserves | 28.0 months |
Financial Health Grade: A
In 2023, Naifa New Jersey Inc reported a surplus of $24K with revenue exceeding expenses, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 25.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Naifa New Jersey Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | -14.6% | +34.2% |
| 2022 | +0.3% | +22.5% | +5.8% |
| 2021 | -0.2% | -11.5% | +22.1% |
| 2020 | +173.6% | +76.7% | +69.6% |
| 2018 | -45.8% | -35.5% | -14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Naifa New Jersey Inc with a Mission Score of 65 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: 80%
- programs: 10%
- fundraising: 10%
According to IRS 990 filings, Naifa New Jersey Inc allocates its expenses as follows: admin: 80%, programs: 10%, fundraising: 10%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 in available filings, which is unusual for an organization with consistent revenue and expenses, suggesting it may be embedded within other expense lines or handled by a parent organization.
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 Naifa New Jersey Inc's IRS 990 filings:
- Consistent 0% compensation reported across multiple years, despite significant expenses, raises questions about how executive functions are compensated.
- High administrative expenses relative to total expenses (e.g., 80% in 2023) suggest a potential lack of direct program spending.
- The discrepancy between the organization's name 'Naifa New Jersey Inc' and its listed location 'Cedar Falls, IA' could indicate a structural or reporting issue.
Strengths
The following positive indicators were identified for Naifa New Jersey Inc:
- Consistent revenue generation over several years demonstrates a stable donor base or funding source.
- Assets have shown growth from $111,607 in 2020 to $230,367 in 2023, indicating financial stability and accumulation.
- The organization has maintained a positive asset balance, suggesting sound financial management in terms of solvency.
Frequently Asked Questions about Naifa New Jersey Inc
Is Naifa New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Naifa New Jersey Inc (EIN: 221510774) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Naifa New Jersey Inc spend its money?
Naifa New Jersey Inc directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Naifa New Jersey Inc tax-deductible?
Naifa New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 221510774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Naifa New Jersey Inc CEO make?
Naifa New Jersey Inc's highest-compensated officer earns $0 annually. The organization reported $123K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Naifa New Jersey Inc's spending goes to programs?
Naifa New Jersey Inc directs 10% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Naifa New Jersey Inc located?
Naifa New Jersey Inc is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 221510774.
How many years of IRS 990 filings does Naifa New Jersey Inc have?
Naifa New Jersey Inc has 12 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 $123K in total revenue.
What does Naifa New Jersey Inc do?
Naifa New Jersey Inc is a nonprofit organization in the Unknown sector, located in Cedar Falls, Iowa. It is classified under NTEE code Unknown.
How much revenue does Naifa New Jersey Inc have?
Naifa New Jersey Inc reported total revenue of $122,778. Based on 12 IRS 990 filings on record.
What are Naifa New Jersey Inc's total assets?
Naifa New Jersey Inc holds total assets of $230,367 as reported in IRS 990 filings.
Where is Naifa New Jersey Inc located?
Naifa New Jersey Inc is based in Cedar Falls, Iowa.
What is Naifa New Jersey Inc's EIN?
Naifa New Jersey Inc's Employer Identification Number (EIN) is 221510774. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Naifa New Jersey Inc?
Naifa New Jersey Inc is classified under NTEE code Unknown (Unknown).
Is Naifa New Jersey Inc a registered 501(c)(3)?
Naifa New Jersey Inc appears in IRS records (EIN: 221510774). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Naifa New Jersey Inc file IRS Form 990?
Yes, Naifa New Jersey Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Naifa New Jersey Inc's revenue in 2023?
In the 202312 filing period, Naifa New Jersey Inc reported total revenue of $106,903, total expenses of $82,889, and net assets of $193,430.
Is Naifa New Jersey Inc's revenue growing or declining?
Naifa New Jersey Inc's revenue is relatively stable. Revenue went from $107,684 (202212) to $106,903 (202312), a -0.7% change. Based on 12 filings on record.
What is Naifa New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Naifa New Jersey Inc covers tax period 202312. It shows revenue of $106,903, expenses of $82,889, total assets of $193,430, and liabilities of $50,000.
How much does Naifa New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Naifa New Jersey Inc allocates approximately 10% of expenses to program services, 80% to administrative costs, and 10% to fundraising. Overhead costs appear high relative to program spending.
Is Naifa New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Naifa New Jersey Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Naifa New Jersey Inc?
The following concerns were identified: Consistent 0% compensation reported across multiple years, despite significant expenses, raises questions about how executive functions are compensated.. High administrative expenses relative to total expenses (e.g., 80% in 2023) suggest a potential lack of direct program spending.. The discrepancy between the organization's name 'Naifa New Jersey Inc' and its listed location 'Cedar Falls, IA' could indicate a structural or reporting issue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Naifa New Jersey Inc's strengths?
Positive indicators for Naifa New Jersey Inc include: Consistent revenue generation over several years demonstrates a stable donor base or funding source.. Assets have shown growth from $111,607 in 2020 to $230,367 in 2023, indicating financial stability and accumulation.. The organization has maintained a positive asset balance, suggesting sound financial management in terms of solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Naifa New Jersey Inc compensate executives?
Executive compensation is consistently reported as $0 in available filings, which is unusual for an organization with consistent revenue and expenses, suggesting it may be embedded within other expense lines or handled by a parent organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and expenses, how does Naifa New Jersey Inc manage to report 0% compensation for all years, and what are the actual costs associated with leadership and administrative oversight?
The consistent reporting of 0% for compensation suggests that executive compensation is either not directly paid by this entity, is absorbed into other expense categories like 'other expenses' (which are substantial), or is handled by a parent organization. Without further detail, the true cost of leadership remains opaque.
With administrative expenses consistently high (e.g., $82,889 out of $106,903 total expenses in 2023), what specific activities fall under 'administrative' and how do they directly contribute to the organization's mission?
The high proportion of administrative expenses indicates that a significant portion of the budget is allocated to overhead rather than direct programmatic activities. A detailed breakdown of these administrative costs would be necessary to understand their specific nature and how they support the organization's stated mission.
Filing History
IRS 990 filing history for Naifa New Jersey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Naifa New Jersey Inc's revenue has declined by 26.9%, moving from $146K to $107K. Total assets increased by 64.3% over the same period, from $118K to $193K. Total functional expenses fell by 21.1%, from $105K to $83K. In its most recent filing year (2023), Naifa New Jersey Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $50K in liabilities against $193K in assets (debt-to-asset ratio: 25.8%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $83K | $193K | $50K | — | View 990 |
| 2022 | $108K | $97K | $144K | $25K | — | View 990 |
| 2021 | $107K | $79K | $136K | $27K | — | — |
| 2020 | $108K | $90K | $112K | $31K | — | View 990 |
| 2018 | $39K | $51K | $66K | $0 | — | View 990 |
| 2018 | $73K | $79K | $77K | $0 | — | View 990 |
| 2017 | $103K | $96K | $83K | $0 | — | View 990 |
| 2016 | $88K | $100K | $76K | $451 | — | View 990 |
| 2015 | $98K | $120K | $87K | $451 | — | View 990 |
| 2014 | $91K | $107K | $109K | $451 | — | View 990 |
| 2013 | $101K | $94K | $125K | $574 | — | View 990 |
| 2012 | $146K | $105K | $118K | $376 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $83K, and assets of $193K (revenue -0.7% year-over-year).
- 2022: Revenue of $108K, expenses of $97K, and assets of $144K (revenue +0.3% year-over-year).
- 2021: Revenue of $107K, expenses of $79K, and assets of $136K (revenue -0.2% year-over-year).
- 2020: Revenue of $108K, expenses of $90K, and assets of $112K (revenue +173.6% year-over-year).
- 2018: Revenue of $39K, expenses of $51K, and assets of $66K (revenue -45.8% year-over-year).
- 2018: Revenue of $73K, expenses of $79K, and assets of $77K (revenue -29.5% year-over-year).
- 2017: Revenue of $103K, expenses of $96K, and assets of $83K (revenue +16.3% year-over-year).
- 2016: Revenue of $88K, expenses of $100K, and assets of $76K (revenue -9.4% year-over-year).
- 2015: Revenue of $98K, expenses of $120K, and assets of $87K (revenue +7.5% year-over-year).
- 2014: Revenue of $91K, expenses of $107K, and assets of $109K (revenue -10.4% year-over-year).
- 2013: Revenue of $101K, expenses of $94K, and assets of $125K (revenue -30.7% year-over-year).
- 2012: Revenue of $146K, expenses of $105K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Naifa New Jersey Inc:
Data Sources and Methodology
This transparency report for Naifa New Jersey 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.