New Jersey Asphalt Pavement Assoc
New Jersey Asphalt Pavement Assoc shows stable operations with recent deficit after prior year surplus.
EIN: 210666754 · Hamilton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $869K |
| Total Expenses | $913K |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is New Jersey Asphalt Pavement Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Asphalt Pavement Assoc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey Asphalt Pavement Assoc
New Jersey Asphalt Pavement Assoc (EIN: 210666754) is a nonprofit organization based in Hamilton, NJ. The organization reported total revenue of $869K and total assets of $892K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Asphalt Pavement Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Asphalt Pavement Assoc is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $833K |
| Total Expenses | $913K |
| Surplus / Deficit | $-80,572 |
| Total Assets | $1.1M |
| Total Liabilities | $97K |
| Net Assets | $1.0M |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2023, New Jersey Asphalt Pavement Assoc reported a deficit of $81K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Asphalt Pavement Assoc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.1% | +2.0% | -4.8% |
| 2022 | +35.8% | +50.8% | +9.4% |
| 2021 | +5.7% | -1.4% | +9.9% |
| 2020 | -8.7% | -7.7% | +11.3% |
| 2019 | -3.3% | -3.3% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
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 New Jersey Asphalt Pavement Assoc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New Jersey Asphalt Pavement Assoc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through a separate entity, which is a strong positive for minimizing administrative overhead.
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 Asphalt Pavement Assoc's IRS 990 filings:
- Recent operating deficit in 202312 where expenses ($913,441) exceeded revenue ($832,869).
Strengths
The following positive indicators were identified for New Jersey Asphalt Pavement Assoc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for executive salaries.
- Maintains a healthy asset base, consistently above $700,000, with relatively low liabilities.
- Demonstrates consistent revenue generation over a long period, indicating stable operations.
Frequently Asked Questions about New Jersey Asphalt Pavement Assoc
Is New Jersey Asphalt Pavement Assoc a legitimate charity?
New Jersey Asphalt Pavement Assoc (EIN: 210666754) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $869K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does New Jersey Asphalt Pavement Assoc spend its money?
New Jersey Asphalt Pavement Assoc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Jersey Asphalt Pavement Assoc tax-deductible?
New Jersey Asphalt Pavement Assoc is registered as a tax-exempt nonprofit (EIN: 210666754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Asphalt Pavement Assoc's spending goes to programs?
New Jersey Asphalt Pavement Assoc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Asphalt Pavement Assoc located?
New Jersey Asphalt Pavement Assoc is headquartered in Hamilton, New Jersey and files with the IRS under EIN 210666754.
How many years of IRS 990 filings does New Jersey Asphalt Pavement Assoc have?
New Jersey Asphalt Pavement Assoc 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 $869K in total revenue.
Is the New Jersey Asphalt Pavement Assoc financially stable?
Yes, despite a recent deficit in 202312 ($832,869 revenue vs. $913,441 expenses), the organization has a history of managing its finances, with assets consistently over $700,000 and low liabilities, suggesting overall stability.
How does the organization's spending efficiency compare to similar nonprofits?
Without specific program and administrative expense breakdowns, it's difficult to give a precise comparison. However, the 0% officer compensation is a strong indicator of efficient use of funds regarding executive salaries.
What caused the deficit in the 202312 period?
The filing shows expenses ($913,441) exceeded revenue ($832,869) by $80,572. The specific reasons for this increase in expenses or decrease in revenue are not detailed in the provided summary data.
Filing History
IRS 990 filing history for New Jersey Asphalt Pavement Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Asphalt Pavement Assoc's revenue has grown by 41.3%, moving from $589K to $833K. Total assets increased by 83.7% over the same period, from $601K to $1.1M. Total functional expenses rose by 59.1%, from $574K to $913K. In its most recent filing year (2023), New Jersey Asphalt Pavement Assoc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $97K in liabilities against $1.1M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $833K | $913K | $1.1M | $97K | — | — |
| 2022 | $958K | $896K | $1.2M | $72K | — | — |
| 2021 | $705K | $594K | $1.1M | $35K | — | View 990 |
| 2020 | $668K | $602K | $965K | $51K | — | — |
| 2019 | $731K | $652K | $867K | $19K | — | View 990 |
| 2018 | $756K | $675K | $785K | $16K | — | View 990 |
| 2017 | $657K | $720K | $708K | $19K | — | — |
| 2016 | $645K | $845K | $774K | $21K | — | View 990 |
| 2015 | $649K | $644K | $971K | $18K | — | View 990 |
| 2014 | $758K | $648K | $975K | $27K | — | View 990 |
| 2013 | $627K | $493K | $862K | $25K | — | View 990 |
| 2012 | $545K | $413K | $714K | $12K | — | View 990 |
| 2011 | $589K | $574K | $601K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $833K, expenses of $913K, and assets of $1.1M (revenue -13.1% year-over-year).
- 2022: Revenue of $958K, expenses of $896K, and assets of $1.2M (revenue +35.8% year-over-year).
- 2021: Revenue of $705K, expenses of $594K, and assets of $1.1M (revenue +5.7% year-over-year).
- 2020: Revenue of $668K, expenses of $602K, and assets of $965K (revenue -8.7% year-over-year).
- 2019: Revenue of $731K, expenses of $652K, and assets of $867K (revenue -3.3% year-over-year).
- 2018: Revenue of $756K, expenses of $675K, and assets of $785K (revenue +15.1% year-over-year).
- 2017: Revenue of $657K, expenses of $720K, and assets of $708K (revenue +1.8% year-over-year).
- 2016: Revenue of $645K, expenses of $845K, and assets of $774K (revenue -0.7% year-over-year).
- 2015: Revenue of $649K, expenses of $644K, and assets of $971K (revenue -14.4% year-over-year).
- 2014: Revenue of $758K, expenses of $648K, and assets of $975K (revenue +20.8% year-over-year).
- 2013: Revenue of $627K, expenses of $493K, and assets of $862K (revenue +15.2% year-over-year).
- 2012: Revenue of $545K, expenses of $413K, and assets of $714K (revenue -7.6% year-over-year).
- 2011: Revenue of $589K, expenses of $574K, and assets of $601K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Asphalt Pavement Assoc:
Data Sources and Methodology
This transparency report for New Jersey Asphalt Pavement Assoc 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.