New Jersey Association Of State College And Universities Inc
NJ Association of State Colleges & Universities: Declining Revenue, Stable Assets
EIN: 222681317 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $465K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $465,341, |
| Net Assets | $841K |
| Transparency Score | 75/100 |
Is New Jersey Association Of State College And Universities 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 Of State College And Universities Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Jersey Association Of State College And Universities Inc
New Jersey Association Of State College And Universities Inc (EIN: 222681317) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $313K and total assets of $878K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Association Of State College And Universities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Association Of State College And Universities Inc is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $366K |
| Total Expenses | $465K |
| Surplus / Deficit | $-99,576 |
| Total Assets | $904K |
| Total Liabilities | $63K |
| Net Assets | $841K |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 23.3 months |
Financial Health Grade: B
In 2023, New Jersey Association Of State College And Universities Inc reported a deficit of $100K with expenses exceeding revenue, holds 23.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Association Of State College And Universities Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | -1.3% | -6.9% |
| 2022 | -9.2% | -26.6% | -28.5% |
| 2021 | -55.3% | -25.0% | -2.8% |
| 2020 | -18.9% | +1.4% | +0.3% |
| 2019 | -8.9% | -23.3% | +17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
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 Association Of State College And Universities 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, New Jersey Association Of State College And Universities Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $100K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the organization's total expenses in 2023 were $465,341, suggesting a reasonable allocation for leadership within the overall budget.
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 Of State College And Universities Inc's IRS 990 filings:
- Revenue has shown a significant downward trend from $1,354,179 in 2016 to $365,765 in 2023.
- Net assets have decreased from $1,005,376 in 2016 to $903,844 in 2023, indicating a slight erosion of financial reserves.
Strengths
The following positive indicators were identified for New Jersey Association Of State College And Universities Inc:
- The organization consistently maintains positive net assets, demonstrating financial stability despite revenue fluctuations.
- Low liabilities relative to assets suggest a healthy balance sheet.
- Consistent filing of financial documents indicates good governance and accountability.
Frequently Asked Questions about New Jersey Association Of State College And Universities Inc
Is New Jersey Association Of State College And Universities Inc a legitimate charity?
New Jersey Association Of State College And Universities Inc (EIN: 222681317) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $313K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does New Jersey Association Of State College And Universities Inc spend its money?
New Jersey Association Of State College And Universities Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to New Jersey Association Of State College And Universities Inc tax-deductible?
New Jersey Association Of State College And Universities Inc is registered as a tax-exempt nonprofit (EIN: 222681317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Jersey Association Of State College And Universities Inc CEO make?
New Jersey Association Of State College And Universities Inc's highest-compensated officer earns $465,341, annually. The organization reported $313K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Jersey Association Of State College And Universities Inc's spending goes to programs?
New Jersey Association Of State College And Universities Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Association Of State College And Universities Inc located?
New Jersey Association Of State College And Universities Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222681317.
How many years of IRS 990 filings does New Jersey Association Of State College And Universities Inc have?
New Jersey Association Of State College And Universities Inc 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 $313K in total revenue.
What does New Jersey Association Of State College And Universities Inc do?
New Jersey Association Of State College And Universities Inc is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Association Of State College And Universities Inc have?
New Jersey Association Of State College And Universities Inc reported total revenue of $312,915. Based on 13 IRS 990 filings on record.
What are New Jersey Association Of State College And Universities Inc's total assets?
New Jersey Association Of State College And Universities Inc holds total assets of $877,726 as reported in IRS 990 filings.
Where is New Jersey Association Of State College And Universities Inc located?
New Jersey Association Of State College And Universities Inc is based in Trenton, New Jersey.
What is New Jersey Association Of State College And Universities Inc's EIN?
New Jersey Association Of State College And Universities Inc's Employer Identification Number (EIN) is 222681317. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Association Of State College And Universities Inc?
New Jersey Association Of State College And Universities Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Association Of State College And Universities Inc a registered 501(c)(3)?
New Jersey Association Of State College And Universities Inc appears in IRS records (EIN: 222681317). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Association Of State College And Universities Inc file IRS Form 990?
Yes, New Jersey Association Of State College And Universities Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Jersey Association Of State College And Universities Inc's revenue in 2023?
In the 202306 filing period, New Jersey Association Of State College And Universities Inc reported total revenue of $365,765, total expenses of $465,341, and net assets of $903,844.
Is New Jersey Association Of State College And Universities Inc's revenue growing or declining?
New Jersey Association Of State College And Universities Inc's revenue is growing. Revenue went from $344,864 (202206) to $365,765 (202306), a +6.1% change. Based on 13 filings on record.
What is New Jersey Association Of State College And Universities Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Association Of State College And Universities Inc covers tax period 202306. It shows revenue of $365,765, expenses of $465,341, total assets of $903,844, and liabilities of $62,565.
How much does New Jersey Association Of State College And Universities Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Association Of State College And Universities Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey Association Of State College And Universities Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Association Of State College And Universities Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Association Of State College And Universities Inc?
The following concerns were identified: Revenue has shown a significant downward trend from $1,354,179 in 2016 to $365,765 in 2023.. Net assets have decreased from $1,005,376 in 2016 to $903,844 in 2023, indicating a slight erosion of financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Association Of State College And Universities Inc's strengths?
Positive indicators for New Jersey Association Of State College And Universities Inc include: The organization consistently maintains positive net assets, demonstrating financial stability despite revenue fluctuations.. Low liabilities relative to assets suggest a healthy balance sheet.. Consistent filing of financial documents indicates good governance and accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Association Of State College And Universities Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the organization's total expenses in 2023 were $465,341, suggesting a reasonable allocation for leadership within the overall budget. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in revenue over the past several years, and how is the organization adapting its programs or fundraising strategies to address this trend?
The provided data does not specify the reasons for the revenue decline. Further investigation into their funding sources and strategic plans would be necessary to understand their adaptation strategies.
Given the significant decrease in revenue, how has the organization managed to maintain relatively stable asset levels, and what implications does this have for future operational capacity?
The organization has maintained stable assets by reducing expenses, as seen by the decrease from $1,179,341 in 2016 to $465,341 in 2023. This suggests a focus on cost control, but continued revenue decline could eventually impact program delivery if not addressed.
Filing History
IRS 990 filing history for New Jersey Association Of State College And Universities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Association Of State College And Universities Inc's revenue has declined by 72%, moving from $1.3M to $366K. Total assets increased by 69.6% over the same period, from $533K to $904K. Total functional expenses fell by 66.7%, from $1.4M to $465K. In its most recent filing year (2023), New Jersey Association Of State College And Universities Inc reported a deficit of $100K, with expenses exceeding revenue. The organization holds $63K in liabilities against $904K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $841K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $366K | $465K | $904K | $63K | — | View 990 |
| 2022 | $345K | $472K | $971K | $30K | — | View 990 |
| 2021 | $380K | $643K | $1.4M | $291K | — | View 990 |
| 2020 | $849K | $857K | $1.4M | $68K | — | View 990 |
| 2019 | $1.0M | $845K | $1.4M | $55K | — | View 990 |
| 2018 | $1.1M | $1.1M | $1.2M | $47K | — | — |
| 2017 | $1.3M | $1.2M | $1.2M | $65K | — | View 990 |
| 2016 | $1.4M | $1.2M | $1.0M | $61K | — | View 990 |
| 2015 | $1.4M | $1.3M | $832K | $62K | — | View 990 |
| 2014 | $1.4M | $1.3M | $783K | $172K | — | View 990 |
| 2013 | $1.4M | $1.3M | $634K | $124K | — | View 990 |
| 2012 | $1.3M | $1.4M | $497K | $130K | — | View 990 |
| 2011 | $1.3M | $1.4M | $533K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $366K, expenses of $465K, and assets of $904K (revenue +6.1% year-over-year).
- 2022: Revenue of $345K, expenses of $472K, and assets of $971K (revenue -9.2% year-over-year).
- 2021: Revenue of $380K, expenses of $643K, and assets of $1.4M (revenue -55.3% year-over-year).
- 2020: Revenue of $849K, expenses of $857K, and assets of $1.4M (revenue -18.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $845K, and assets of $1.4M (revenue -8.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue -13.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue -1.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.2M, and assets of $1.0M (revenue -5.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $832K (revenue +0.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $783K (revenue +-0.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $634K (revenue +5.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $497K (revenue +2.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $533K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Association Of State College And Universities Inc:
Data Sources and Methodology
This transparency report for New Jersey Association Of State College And Universities 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.