Neighborhood Assn Of Millburn Township
Neighborhood Assn Of Millburn Township: Consistent Revenue, Fluctuating Expenses
EIN: 221500564 · Millburn, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $380K |
| Total Expenses | $294K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $224K |
| Transparency Score | 75/100 |
Is Neighborhood Assn Of Millburn Township Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neighborhood Assn Of Millburn Township directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neighborhood Assn Of Millburn Township
Neighborhood Assn Of Millburn Township (EIN: 221500564) is a nonprofit organization based in Millburn, NJ. The organization reported total revenue of $380K and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Assn Of Millburn Township's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Assn Of Millburn Township is a small nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $294K |
| Surplus / Deficit | $-105,597 |
| Total Assets | $293K |
| Total Liabilities | $69K |
| Net Assets | $224K |
| Operating Margin | -56.0% |
| Debt-to-Asset Ratio | 23.5% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2024, Neighborhood Assn Of Millburn Township reported a deficit of $106K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Neighborhood Assn Of Millburn Township's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -49.9% | -19.5% | -24.2% |
| 2023 | +3.7% | +37.5% | -4.4% |
| 2022 | +24.9% | +9.9% | +27.7% |
| 2021 | +34.3% | -4.3% | +30.0% |
| 2020 | -29.6% | -8.1% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Neighborhood Assn Of Millburn Township 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Neighborhood Assn Of Millburn Township 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.5%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure.
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 Neighborhood Assn Of Millburn Township's IRS 990 filings:
- Total expenses ($294,275 in 2024) frequently exceed total revenue ($188,678 in 2024), leading to a decline in net assets.
- The organization's net assets have decreased from $404,193 in 2022 to $292,870 in 2024.
Strengths
The following positive indicators were identified for Neighborhood Assn Of Millburn Township:
- Consistent revenue generation over several years, indicating stable donor support.
- Low administrative and fundraising costs, with 0% reported compensation for key personnel.
- Maintains a significant level of net assets ($292,870 in 2024) despite recent declines.
Frequently Asked Questions about Neighborhood Assn Of Millburn Township
Is Neighborhood Assn Of Millburn Township a legitimate charity?
Based on AI analysis of IRS 990 filings, Neighborhood Assn Of Millburn Township (EIN: 221500564) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Neighborhood Assn Of Millburn Township spend its money?
Neighborhood Assn Of Millburn Township directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Neighborhood Assn Of Millburn Township tax-deductible?
Neighborhood Assn Of Millburn Township is registered as a tax-exempt nonprofit (EIN: 221500564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Neighborhood Assn Of Millburn Township CEO make?
Neighborhood Assn Of Millburn Township's highest-compensated officer earns $0 annually. The organization reported $380K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Neighborhood Assn Of Millburn Township's spending goes to programs?
Neighborhood Assn Of Millburn Township directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Neighborhood Assn Of Millburn Township located?
Neighborhood Assn Of Millburn Township is headquartered in Millburn, New Jersey and files with the IRS under EIN 221500564.
How many years of IRS 990 filings does Neighborhood Assn Of Millburn Township have?
Neighborhood Assn Of Millburn Township has 14 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 $380K in total revenue.
What does Neighborhood Assn Of Millburn Township do?
Neighborhood Assn Of Millburn Township is a nonprofit organization in the Unknown sector, located in Millburn, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Neighborhood Assn Of Millburn Township have?
Neighborhood Assn Of Millburn Township reported total revenue of $379,758. Based on 14 IRS 990 filings on record.
What are Neighborhood Assn Of Millburn Township's total assets?
Neighborhood Assn Of Millburn Township holds total assets of $319,552 as reported in IRS 990 filings.
Where is Neighborhood Assn Of Millburn Township located?
Neighborhood Assn Of Millburn Township is based in Millburn, New Jersey.
What is Neighborhood Assn Of Millburn Township's EIN?
Neighborhood Assn Of Millburn Township's Employer Identification Number (EIN) is 221500564. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Neighborhood Assn Of Millburn Township?
Neighborhood Assn Of Millburn Township is classified under NTEE code Unknown (Unknown).
Is Neighborhood Assn Of Millburn Township a registered 501(c)(3)?
Neighborhood Assn Of Millburn Township appears in IRS records (EIN: 221500564). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Neighborhood Assn Of Millburn Township file IRS Form 990?
Yes, Neighborhood Assn Of Millburn Township has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Neighborhood Assn Of Millburn Township's revenue in 2024?
In the 202406 filing period, Neighborhood Assn Of Millburn Township reported total revenue of $188,678, total expenses of $294,275, and net assets of $292,870.
Is Neighborhood Assn Of Millburn Township's revenue growing or declining?
Neighborhood Assn Of Millburn Township's revenue is declining. Revenue went from $376,651 (202306) to $188,678 (202406), a -49.9% change. Based on 14 filings on record.
What is Neighborhood Assn Of Millburn Township's most recent 990 filing?
The most recent IRS Form 990 filing for Neighborhood Assn Of Millburn Township covers tax period 202406. It shows revenue of $188,678, expenses of $294,275, total assets of $292,870, and liabilities of $68,822.
How much does Neighborhood Assn Of Millburn Township spend on programs vs administration?
Based on IRS 990 analysis, Neighborhood Assn Of Millburn Township allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Neighborhood Assn Of Millburn Township a trustworthy charity?
Based on AI analysis of IRS 990 data, Neighborhood Assn Of Millburn Township appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Neighborhood Assn Of Millburn Township?
The following concerns were identified: Total expenses ($294,275 in 2024) frequently exceed total revenue ($188,678 in 2024), leading to a decline in net assets.. The organization's net assets have decreased from $404,193 in 2022 to $292,870 in 2024.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Neighborhood Assn Of Millburn Township's strengths?
Positive indicators for Neighborhood Assn Of Millburn Township include: Consistent revenue generation over several years, indicating stable donor support.. Low administrative and fundraising costs, with 0% reported compensation for key personnel.. Maintains a significant level of net assets ($292,870 in 2024) despite recent declines.. These findings are derived from AI analysis of the organization's financial filings.
How does Neighborhood Assn Of Millburn Township compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Neighborhood Assn Of Millburn Township?
- Financial statements are publicly available through IRS Form 990 filings. - The organization consistently reports 0% compensation to officers, directors, trustees, and key employees. - Detailed program service accomplishments are provided in the Form 990, indicating community-focused activities. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how does the organization manage its operational leadership and strategic direction?
The consistent $0 executive compensation suggests that the organization is either entirely volunteer-run at the leadership level or that key operational roles are compensated through other means not categorized as executive compensation on the Form 990, such as contract services or through a related entity. Further investigation into their operational structure would be needed to fully understand how leadership is sustained.
What is the primary cause of the recent decline in net assets, and what strategies are in place to reverse this trend?
The primary cause of the decline in net assets, from $404,193 in 2022 to $292,870 in 2024, appears to be expenses consistently exceeding revenue in recent years (e.g., $294,275 expenses vs. $188,678 revenue in 2024). Without additional narrative from the organization, specific strategies to reverse this trend are not discernible from the provided financial data alone, but could involve increased fundraising efforts or expense reduction.
Filing History
IRS 990 filing history for Neighborhood Assn Of Millburn Township showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Neighborhood Assn Of Millburn Township's revenue has declined by 34.9%, moving from $290K to $189K. Total assets increased by 46.6% over the same period, from $200K to $293K. Total functional expenses fell by 0.9%, from $297K to $294K. In its most recent filing year (2024), Neighborhood Assn Of Millburn Township reported a deficit of $106K, with expenses exceeding revenue. The organization holds $69K in liabilities against $293K in assets (debt-to-asset ratio: 23.5%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $189K | $294K | $293K | $69K | — | — |
| 2023 | $377K | $366K | $386K | $57K | — | View 990 |
| 2022 | $363K | $266K | $404K | $86K | — | View 990 |
| 2021 | $291K | $242K | $317K | $95K | — | View 990 |
| 2020 | $217K | $253K | $244K | $71K | — | View 990 |
| 2019 | $308K | $275K | $256K | $48K | — | View 990 |
| 2018 | $260K | $271K | $249K | $68K | — | View 990 |
| 2017 | $266K | $287K | $238K | $46K | — | View 990 |
| 2016 | $235K | $261K | $284K | $72K | — | View 990 |
| 2015 | $314K | $287K | $297K | $59K | — | View 990 |
| 2014 | $337K | $290K | $295K | $84K | — | View 990 |
| 2013 | $260K | $277K | $251K | $87K | — | View 990 |
| 2012 | $293K | $262K | $236K | $56K | — | View 990 |
| 2011 | $290K | $297K | $200K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $189K, expenses of $294K, and assets of $293K (revenue -49.9% year-over-year).
- 2023: Revenue of $377K, expenses of $366K, and assets of $386K (revenue +3.7% year-over-year).
- 2022: Revenue of $363K, expenses of $266K, and assets of $404K (revenue +24.9% year-over-year).
- 2021: Revenue of $291K, expenses of $242K, and assets of $317K (revenue +34.3% year-over-year).
- 2020: Revenue of $217K, expenses of $253K, and assets of $244K (revenue -29.6% year-over-year).
- 2019: Revenue of $308K, expenses of $275K, and assets of $256K (revenue +18.1% year-over-year).
- 2018: Revenue of $260K, expenses of $271K, and assets of $249K (revenue -2.3% year-over-year).
- 2017: Revenue of $266K, expenses of $287K, and assets of $238K (revenue +13.5% year-over-year).
- 2016: Revenue of $235K, expenses of $261K, and assets of $284K (revenue -25.3% year-over-year).
- 2015: Revenue of $314K, expenses of $287K, and assets of $297K (revenue -6.8% year-over-year).
- 2014: Revenue of $337K, expenses of $290K, and assets of $295K (revenue +29.8% year-over-year).
- 2013: Revenue of $260K, expenses of $277K, and assets of $251K (revenue -11.3% year-over-year).
- 2012: Revenue of $293K, expenses of $262K, and assets of $236K (revenue +1.2% year-over-year).
- 2011: Revenue of $290K, expenses of $297K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Assn Of Millburn Township:
Data Sources and Methodology
This transparency report for Neighborhood Assn Of Millburn Township 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.