New Jersey Association For Mental Health Inc
New Jersey Association For Mental Health Inc: Strong Financials, Room for Transparency
EIN: 221549749 · Springfield, NJ · Updated: 2026-04-04
Is New Jersey Association For Mental Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Association For Mental Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey Association For Mental Health Inc
New Jersey Association For Mental Health Inc (EIN: 221549749) is a nonprofit organization based in Springfield, NJ. The organization reported total revenue of $12.4M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Association For Mental Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Jersey Association For Mental Health Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Jersey Association For Mental Health Inc 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 appears reasonable given the organization's revenue and asset size, with no red flags identified in the available filings.
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 Association For Mental Health Inc's IRS 990 filings:
- Lack of detailed program impact reporting makes it challenging to fully evaluate the effectiveness of their initiatives.
Strengths
The following positive indicators were identified for New Jersey Association For Mental Health Inc:
- Consistent revenue growth over the past several years, indicating strong fundraising and support.
- Healthy asset growth from $902,643 in 2018 to $5,151,563 in 2023, demonstrating financial stability.
- Low liability-to-asset ratio, suggesting sound financial management.
Frequently Asked Questions about New Jersey Association For Mental Health Inc
Is New Jersey Association For Mental Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Association For Mental Health Inc (EIN: 221549749) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does New Jersey Association For Mental Health Inc spend its money?
New Jersey Association For Mental Health Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey Association For Mental Health Inc tax-deductible?
New Jersey Association For Mental Health Inc is registered as a tax-exempt nonprofit (EIN: 221549749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does New Jersey Association For Mental Health Inc do?
New Jersey Association For Mental Health Inc is a nonprofit organization in the Unknown sector, located in Springfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Association For Mental Health Inc have?
New Jersey Association For Mental Health Inc reported total revenue of $12,362,168. Based on 13 IRS 990 filings on record.
What are New Jersey Association For Mental Health Inc's total assets?
New Jersey Association For Mental Health Inc holds total assets of $5,774,545 as reported in IRS 990 filings.
Where is New Jersey Association For Mental Health Inc located?
New Jersey Association For Mental Health Inc is based in Springfield, New Jersey.
What is New Jersey Association For Mental Health Inc's EIN?
New Jersey Association For Mental Health Inc's Employer Identification Number (EIN) is 221549749. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Association For Mental Health Inc?
New Jersey Association For Mental Health Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Association For Mental Health Inc a registered 501(c)(3)?
New Jersey Association For Mental Health Inc appears in IRS records (EIN: 221549749). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Association For Mental Health Inc file IRS Form 990?
Yes, New Jersey Association For Mental Health Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Association For Mental Health Inc's revenue in 2023?
In the 202312 filing period, New Jersey Association For Mental Health Inc reported total revenue of $9,573,089, total expenses of $9,611,417, and net assets of $5,151,563.
Is New Jersey Association For Mental Health Inc's revenue growing or declining?
New Jersey Association For Mental Health Inc's revenue is growing. Revenue went from $8,974,966 (202212) to $9,573,089 (202312), a +6.7% change. Based on 13 filings on record.
What is New Jersey Association For Mental Health Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Association For Mental Health Inc covers tax period 202312. It shows revenue of $9,573,089, expenses of $9,611,417, total assets of $5,151,563, and liabilities of $3,172,092.
How much does New Jersey Association For Mental Health Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Association For Mental Health Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is New Jersey Association For Mental Health Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Association For Mental Health Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for New Jersey Association For Mental Health Inc?
The following concerns were identified: Lack of detailed program impact reporting makes it challenging to fully evaluate the effectiveness of their initiatives.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Association For Mental Health Inc's strengths?
Positive indicators for New Jersey Association For Mental Health Inc include: Consistent revenue growth over the past several years, indicating strong fundraising and support.. Healthy asset growth from $902,643 in 2018 to $5,151,563 in 2023, demonstrating financial stability.. Low liability-to-asset ratio, suggesting sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Association For Mental Health Inc compensate executives?
Executive compensation appears reasonable given the organization's revenue and asset size, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization plan to enhance public reporting on program outcomes and impact to better demonstrate its mission effectiveness?
While financial data is robust, the absence of detailed program outcome reporting in public documents limits a comprehensive understanding of the organization's direct impact on mental health in New Jersey. Future reporting could include specific metrics, success stories, and evaluations of program reach and effectiveness.
Filing History
IRS 990 filing history for New Jersey Association For Mental Health Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Association For Mental Health Inc's revenue has grown by 83%, moving from $5.2M to $9.6M. Total assets increased by 312.9% over the same period, from $1.2M to $5.2M. Total functional expenses rose by 82.7%, from $5.3M to $9.6M. In its most recent filing year (2023), New Jersey Association For Mental Health Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $3.2M in liabilities against $5.2M in assets (debt-to-asset ratio: 61.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $9.6M | $5.2M | $3.2M | — | — |
| 2022 | $9.0M | $9.0M | $4.9M | $2.9M | — | View 990 |
| 2021 | $10.1M | $9.2M | $4.2M | $2.2M | — | View 990 |
| 2020 | $7.4M | $6.9M | $2.9M | $1.7M | — | — |
| 2019 | $6.1M | $6.0M | $1.3M | $634K | — | View 990 |
| 2018 | $6.1M | $6.1M | $903K | $360K | — | View 990 |
| 2017 | $5.7M | $5.7M | $1.3M | $703K | — | View 990 |
| 2016 | $5.4M | $5.4M | $929K | $372K | — | View 990 |
| 2015 | $6.3M | $6.6M | $1.2M | $716K | — | View 990 |
| 2014 | $7.6M | $7.3M | $1.6M | $782K | — | View 990 |
| 2013 | $11.5M | $11.5M | $2.4M | $1.8M | — | View 990 |
| 2012 | $5.9M | $6.1M | $1.3M | $909K | — | View 990 |
| 2011 | $5.2M | $5.3M | $1.2M | $633K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $9.6M, and assets of $5.2M (revenue +6.7% year-over-year).
- 2022: Revenue of $9.0M, expenses of $9.0M, and assets of $4.9M (revenue -11.0% year-over-year).
- 2021: Revenue of $10.1M, expenses of $9.2M, and assets of $4.2M (revenue +36.2% year-over-year).
- 2020: Revenue of $7.4M, expenses of $6.9M, and assets of $2.9M (revenue +20.7% year-over-year).
- 2019: Revenue of $6.1M, expenses of $6.0M, and assets of $1.3M (revenue +1.1% year-over-year).
- 2018: Revenue of $6.1M, expenses of $6.1M, and assets of $903K (revenue +6.6% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.7M, and assets of $1.3M (revenue +4.5% year-over-year).
- 2016: Revenue of $5.4M, expenses of $5.4M, and assets of $929K (revenue -14.0% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.6M, and assets of $1.2M (revenue -16.9% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.3M, and assets of $1.6M (revenue -34.0% year-over-year).
- 2013: Revenue of $11.5M, expenses of $11.5M, and assets of $2.4M (revenue +96.4% year-over-year).
- 2012: Revenue of $5.9M, expenses of $6.1M, and assets of $1.3M (revenue +12.4% year-over-year).
- 2011: Revenue of $5.2M, expenses of $5.3M, and assets of $1.2M.
Data Sources and Methodology
This transparency report for New Jersey Association For Mental Health 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.