New Jersey Agricultural Society

New Jersey Agricultural Society maintains stable assets and reports no officer compensation over a decade of filings.

EIN: 210634544 · Bordentown, NJ · Updated: 2026-03-28

$713KRevenue

$488KAssets

85/100Mission Score (Excellent)

About New Jersey Agricultural Society

New Jersey Agricultural Society (EIN: 210634544) is a nonprofit organization based in Bordentown, NJ. The organization reported total revenue of $713K and total assets of $488K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Agricultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The New Jersey Agricultural Society demonstrates a generally stable financial position, with recent revenues fluctuating around the $500,000-$600,000 mark. In the latest period (202309), the organization reported revenues of $580,703 against expenses of $614,743, indicating a slight deficit for the year. This follows a surplus in the prior year (202209) where revenue exceeded expenses by over $21,000. The organization's assets have shown growth over the past decade, increasing from $259,419 in 2014 to $522,431 in 2023, suggesting prudent financial management and asset accumulation.

Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can free up more funds for programmatic activities. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence regarding overhead.

Transparency is high regarding executive compensation, as the 0% reported for officer compensation is a clear and consistent data point. The availability of 13 years of filing history also contributes to transparency, allowing for a comprehensive review of financial trends. However, without detailed breakdowns of functional expenses (program, admin, fundraising), a complete assessment of spending efficiency and program focus is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Jersey Agricultural Society with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, New Jersey Agricultural Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all 13 available filings, indicating that the organization's officers are not compensated directly through this category, which is highly favorable for resource allocation to mission-related activities.

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 New Jersey Agricultural Society's IRS 990 filings:

Slight deficit in the latest reporting period (202309) where expenses ($614,743) exceeded revenue ($580,703).

Strengths

The following positive indicators were identified for New Jersey Agricultural Society:

Consistent reporting of 0% officer compensation across all 13 filings, indicating high efficiency in executive compensation.
Significant growth in assets over the past decade, from $259,419 in 2014 to $522,431 in 2023.
Long history of IRS 990 filings (13 periods), demonstrating consistent transparency and reporting.

Frequently Asked Questions about New Jersey Agricultural Society

Is the New Jersey Agricultural Society financially stable?

Yes, the organization appears financially stable. While there was a slight deficit in 2023 ($580,703 revenue vs. $614,743 expenses), its assets have consistently grown over the past decade, reaching $522,431 in 2023, and it has a history of managing expenses effectively.

How does the New Jersey Agricultural Society manage executive compensation?

The New Jersey Agricultural Society consistently reports 0% for officer compensation across all 13 available IRS 990 filings, suggesting that executive leadership is either volunteer-based or compensated through other non-officer compensation categories.

Has the organization's financial health improved over time?

Yes, the organization's assets have more than doubled from $259,419 in 2014 to $522,431 in 2023, indicating a positive trend in financial health and asset accumulation over the long term.

Filing History

IRS 990 filing history for New Jersey Agricultural Society showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Jersey Agricultural Society's revenue has grown by 78.1%, moving from $326K to $581K. Total assets increased by 182.4% over the same period, from $185K to $522K. Total functional expenses rose by 60.6%, from $383K to $615K. In its most recent filing year (2023), New Jersey Agricultural Society reported a deficit of $34K, with expenses exceeding revenue. The organization holds $106K in liabilities against $522K in assets (debt-to-asset ratio: 20.3%), resulting in net assets of $416K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$581K	$615K	$522K	$106K	—	—
2022	$605K	$584K	$481K	$25K	—	—
2021	$520K	$598K	$494K	$45K	—	View 990
2020	$591K	$499K	$561K	$79K	—	View 990
2019	$409K	$408K	$428K	$30K	—	View 990
2018	$373K	$392K	$457K	$61K	—	View 990
2017	$421K	$404K	$461K	$45K	—	View 990
2016	$447K	$399K	$439K	$40K	—	View 990
2015	$509K	$377K	$394K	$46K	—	View 990
2014	$366K	$392K	$259K	$42K	—	View 990
2013	$401K	$343K	$286K	$42K	—	View 990
2012	$314K	$289K	$222K	$36K	—	View 990
2011	$326K	$383K	$185K	$24K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $581K, expenses of $615K, and assets of $522K (revenue -4.1% year-over-year).
2022: Revenue of $605K, expenses of $584K, and assets of $481K (revenue +16.3% year-over-year).
2021: Revenue of $520K, expenses of $598K, and assets of $494K (revenue -12.0% year-over-year).
2020: Revenue of $591K, expenses of $499K, and assets of $561K (revenue +44.6% year-over-year).
2019: Revenue of $409K, expenses of $408K, and assets of $428K (revenue +9.8% year-over-year).
2018: Revenue of $373K, expenses of $392K, and assets of $457K (revenue -11.5% year-over-year).
2017: Revenue of $421K, expenses of $404K, and assets of $461K (revenue -5.9% year-over-year).
2016: Revenue of $447K, expenses of $399K, and assets of $439K (revenue -12.1% year-over-year).
2015: Revenue of $509K, expenses of $377K, and assets of $394K (revenue +39.2% year-over-year).
2014: Revenue of $366K, expenses of $392K, and assets of $259K (revenue -8.8% year-over-year).
2013: Revenue of $401K, expenses of $343K, and assets of $286K (revenue +27.8% year-over-year).
2012: Revenue of $314K, expenses of $289K, and assets of $222K (revenue -3.8% year-over-year).
2011: Revenue of $326K, expenses of $383K, and assets of $185K.

Data Sources and Methodology

This transparency report for New Jersey Agricultural Society 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.