New Jersey B A C Health Fund
New Jersey B A C Health Fund: Declining Revenue, Stable Assets, and High Program Spending
EIN: 222945933 · Fairfield, NJ · Updated: 2026-04-04
About New Jersey B A C Health Fund
New Jersey B A C Health Fund (EIN: 222945933) is a nonprofit organization based in Fairfield, NJ. The organization reported total revenue of $24.0M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey B A C Health Fund'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 B A C Health Fund 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 B A C Health Fund 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 in the provided filings, which warrants further investigation to understand how leadership is compensated or if these costs are embedded within other administrative expenses.
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 B A C Health Fund's IRS 990 filings:
- Consistent reporting of $0 for compensation of highest-paid individuals across all years, which is unusual for an organization of this size and could mask actual executive compensation.
- A steady decline in revenue over the past seven years (from $17.3M in 2017 to $15.0M in 2023) without a corresponding significant reduction in expenses, leading to operating deficits in several years.
Strengths
The following positive indicators were identified for New Jersey B A C Health Fund:
- Strong program spending, with a high percentage of expenses dedicated to programs.
- Healthy asset base, consistently above $31M, providing financial stability despite revenue declines.
- Low liabilities, consistently under $1.2M, indicating sound financial management and minimal debt burden.
Frequently Asked Questions about New Jersey B A C Health Fund
What does New Jersey B A C Health Fund do?
New Jersey B A C Health Fund is a nonprofit organization in the Unknown sector, located in Fairfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey B A C Health Fund have?
New Jersey B A C Health Fund reported total revenue of $24,001,819. Based on 13 IRS 990 filings on record.
What are New Jersey B A C Health Fund's total assets?
New Jersey B A C Health Fund holds total assets of $31,400,137 as reported in IRS 990 filings.
Where is New Jersey B A C Health Fund located?
New Jersey B A C Health Fund is based in Fairfield, New Jersey.
What is New Jersey B A C Health Fund's EIN?
New Jersey B A C Health Fund's Employer Identification Number (EIN) is 222945933. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey B A C Health Fund?
New Jersey B A C Health Fund is classified under NTEE code Unknown (Unknown).
Is New Jersey B A C Health Fund a registered 501(c)(3)?
New Jersey B A C Health Fund appears in IRS records (EIN: 222945933). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey B A C Health Fund file IRS Form 990?
Yes, New Jersey B A C Health Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey B A C Health Fund's revenue in 2023?
In the 202312 filing period, New Jersey B A C Health Fund reported total revenue of $15,014,591, total expenses of $17,577,929, and net assets of $33,935,650.
Is New Jersey B A C Health Fund's revenue growing or declining?
New Jersey B A C Health Fund's revenue is relatively stable. Revenue went from $15,306,543 (202212) to $15,014,591 (202312), a -1.9% change. Based on 13 filings on record.
What is New Jersey B A C Health Fund's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey B A C Health Fund covers tax period 202312. It shows revenue of $15,014,591, expenses of $17,577,929, total assets of $33,935,650, and liabilities of $761,367.
How much does New Jersey B A C Health Fund spend on programs vs administration?
Based on IRS 990 analysis, New Jersey B A C Health Fund allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is New Jersey B A C Health Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey B A C Health Fund appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey B A C Health Fund?
The following concerns were identified: Consistent reporting of $0 for compensation of highest-paid individuals across all years, which is unusual for an organization of this size and could mask actual executive compensation.. A steady decline in revenue over the past seven years (from $17.3M in 2017 to $15.0M in 2023) without a corresponding significant reduction in expenses, leading to operating deficits in several years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey B A C Health Fund's strengths?
Positive indicators for New Jersey B A C Health Fund include: Strong program spending, with a high percentage of expenses dedicated to programs.. Healthy asset base, consistently above $31M, providing financial stability despite revenue declines.. Low liabilities, consistently under $1.2M, indicating sound financial management and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey B A C Health Fund compensate executives?
Executive compensation is consistently reported as $0 in the provided filings, which warrants further investigation to understand how leadership is compensated or if these costs are embedded within other administrative expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does the organization attract and retain leadership, and where are these costs, if any, accounted for in the financial statements?
The consistent $0 reporting for executive compensation suggests that either leadership is entirely volunteer-based, or their compensation is categorized under other expense lines, such as 'administrative expenses' or 'other salaries and wages,' rather than being explicitly disclosed as executive compensation. This lack of specific disclosure makes it difficult to assess the true cost of leadership.
What strategies are being implemented to address the continuous decline in revenue, and how sustainable is the current operational model given the reliance on existing assets to cover operating deficits?
The organization has experienced a steady decline in revenue from $17.3M in 2017 to $15.0M in 2023. While assets remain strong, continued operating deficits (expenses exceeding revenue in multiple years, e.g., $17.5M expenses vs $15.0M revenue in 2023) suggest that the organization may be drawing down on its reserves. Without new revenue streams or cost reductions, this trend is not sustainable long-term.
Filing History
IRS 990 filing history for New Jersey B A C Health Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey B A C Health Fund's revenue has declined by 0.6%, moving from $15.1M to $15.0M. Total assets increased by 60.5% over the same period, from $21.1M to $33.9M. Total functional expenses rose by 6.7%, from $16.5M to $17.6M. In its most recent filing year (2023), New Jersey B A C Health Fund reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $761K in liabilities against $33.9M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $33.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.0M | $17.6M | $33.9M | $761K | — | — |
| 2022 | $15.3M | $16.7M | $36.1M | $939K | — | View 990 |
| 2021 | $15.5M | $17.1M | $39.4M | $1.0M | — | View 990 |
| 2020 | $15.9M | $13.4M | $41.0M | $792K | — | View 990 |
| 2019 | $17.0M | $14.6M | $37.9M | $825K | — | — |
| 2018 | $16.3M | $16.5M | $34.8M | $939K | — | View 990 |
| 2017 | $17.3M | $14.7M | $35.5M | $1.1M | — | View 990 |
| 2016 | $16.2M | $14.3M | $32.8M | $1.0M | — | View 990 |
| 2015 | $16.2M | $13.6M | $30.6M | $1.0M | — | View 990 |
| 2014 | $17.4M | $10.5M | $28.3M | $1.0M | — | View 990 |
| 2013 | $13.5M | $11.2M | $21.5M | $1.2M | — | View 990 |
| 2012 | $13.2M | $14.4M | $19.5M | $1.1M | — | View 990 |
| 2011 | $15.1M | $16.5M | $21.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.0M, expenses of $17.6M, and assets of $33.9M (revenue -1.9% year-over-year).
- 2022: Revenue of $15.3M, expenses of $16.7M, and assets of $36.1M (revenue -1.2% year-over-year).
- 2021: Revenue of $15.5M, expenses of $17.1M, and assets of $39.4M (revenue -2.4% year-over-year).
- 2020: Revenue of $15.9M, expenses of $13.4M, and assets of $41.0M (revenue -6.5% year-over-year).
- 2019: Revenue of $17.0M, expenses of $14.6M, and assets of $37.9M (revenue +3.9% year-over-year).
- 2018: Revenue of $16.3M, expenses of $16.5M, and assets of $34.8M (revenue -5.8% year-over-year).
- 2017: Revenue of $17.3M, expenses of $14.7M, and assets of $35.5M (revenue +6.9% year-over-year).
- 2016: Revenue of $16.2M, expenses of $14.3M, and assets of $32.8M (revenue -0.1% year-over-year).
- 2015: Revenue of $16.2M, expenses of $13.6M, and assets of $30.6M (revenue -6.5% year-over-year).
- 2014: Revenue of $17.4M, expenses of $10.5M, and assets of $28.3M (revenue +28.3% year-over-year).
- 2013: Revenue of $13.5M, expenses of $11.2M, and assets of $21.5M (revenue +2.4% year-over-year).
- 2012: Revenue of $13.2M, expenses of $14.4M, and assets of $19.5M (revenue -12.4% year-over-year).
- 2011: Revenue of $15.1M, expenses of $16.5M, and assets of $21.1M.
Data Sources and Methodology
This transparency report for New Jersey B A C Health Fund 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.