New Jersey Chapter American College Of Cardiology Inc
New Jersey Chapter American College of Cardiology: Strong Mission, Financial Stability, but Transparency Gaps
EIN: 223034405 · Birmingham, AL · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $86K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $233K |
| Transparency Score | 85/100 |
Is New Jersey Chapter American College Of Cardiology 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 Chapter American College Of Cardiology Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Jersey Chapter American College Of Cardiology Inc
New Jersey Chapter American College Of Cardiology Inc (EIN: 223034405) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $120K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Chapter American College Of Cardiology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Chapter American College Of Cardiology Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $86K |
| Surplus / Deficit | $-17,370 |
| Total Assets | $233K |
| Net Assets | $233K |
| Operating Margin | -25.5% |
| Months of Reserves | 32.7 months |
Financial Health Grade: B
In 2023, New Jersey Chapter American College Of Cardiology Inc reported a deficit of $17K with expenses exceeding revenue, holds 32.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Chapter American College Of Cardiology Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.2% | +31.2% | -6.9% |
| 2022 | +45.9% | +22.3% | +12.2% |
| 2021 | -36.5% | +24.6% | +4.7% |
| 2020 | +66.9% | -60.9% | +11.7% |
| 2019 | -18.3% | -5.2% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Chapter American College Of Cardiology Inc 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: 70%
- fundraising: 15%
According to IRS 990 filings, New Jersey Chapter American College Of Cardiology 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 $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided financial data, indicating it is likely below the IRS reporting threshold of $150,000 for any individual.
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 Chapter American College Of Cardiology Inc's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess direct impact.
- No clear breakdown of administrative vs. fundraising expenses beyond total expenses.
- The organization's name suggests a New Jersey focus, but its listed location is Birmingham, AL, which could indicate a discrepancy or administrative hub.
Strengths
The following positive indicators were identified for New Jersey Chapter American College Of Cardiology Inc:
- Consistent positive net assets over the years, indicating financial stability.
- Relatively low total expenses compared to assets, suggesting efficient operations.
- Consistent revenue generation, demonstrating ongoing support.
Frequently Asked Questions about New Jersey Chapter American College Of Cardiology Inc
Is New Jersey Chapter American College Of Cardiology Inc a legitimate charity?
New Jersey Chapter American College Of Cardiology Inc (EIN: 223034405) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $120K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does New Jersey Chapter American College Of Cardiology Inc spend its money?
New Jersey Chapter American College Of Cardiology Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to New Jersey Chapter American College Of Cardiology Inc tax-deductible?
New Jersey Chapter American College Of Cardiology Inc is registered as a tax-exempt nonprofit (EIN: 223034405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Jersey Chapter American College Of Cardiology Inc CEO make?
New Jersey Chapter American College Of Cardiology Inc's highest-compensated officer earns $150,000 annually. The organization reported $120K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Jersey Chapter American College Of Cardiology Inc's spending goes to programs?
New Jersey Chapter American College Of Cardiology Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Chapter American College Of Cardiology Inc located?
New Jersey Chapter American College Of Cardiology Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 223034405.
How many years of IRS 990 filings does New Jersey Chapter American College Of Cardiology Inc have?
New Jersey Chapter American College Of Cardiology 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 $120K in total revenue.
What does New Jersey Chapter American College Of Cardiology Inc do?
New Jersey Chapter American College Of Cardiology Inc is a nonprofit organization in the Unknown sector, located in Birmingham, Alabama. It is classified under NTEE code Unknown.
How much revenue does New Jersey Chapter American College Of Cardiology Inc have?
New Jersey Chapter American College Of Cardiology Inc reported total revenue of $119,822. Based on 13 IRS 990 filings on record.
What are New Jersey Chapter American College Of Cardiology Inc's total assets?
New Jersey Chapter American College Of Cardiology Inc holds total assets of $246,517 as reported in IRS 990 filings.
Where is New Jersey Chapter American College Of Cardiology Inc located?
New Jersey Chapter American College Of Cardiology Inc is based in Birmingham, Alabama.
What is New Jersey Chapter American College Of Cardiology Inc's EIN?
New Jersey Chapter American College Of Cardiology Inc's Employer Identification Number (EIN) is 223034405. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Chapter American College Of Cardiology Inc?
New Jersey Chapter American College Of Cardiology Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Chapter American College Of Cardiology Inc a registered 501(c)(3)?
New Jersey Chapter American College Of Cardiology Inc appears in IRS records (EIN: 223034405). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Chapter American College Of Cardiology Inc file IRS Form 990?
Yes, New Jersey Chapter American College Of Cardiology Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Chapter American College Of Cardiology Inc's revenue in 2023?
In the 202312 filing period, New Jersey Chapter American College Of Cardiology Inc reported total revenue of $68,244, total expenses of $85,614, and net assets of $233,247.
Is New Jersey Chapter American College Of Cardiology Inc's revenue growing or declining?
New Jersey Chapter American College Of Cardiology Inc's revenue is declining. Revenue went from $92,446 (202212) to $68,244 (202312), a -26.2% change. Based on 13 filings on record.
What is New Jersey Chapter American College Of Cardiology Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Chapter American College Of Cardiology Inc covers tax period 202312. It shows revenue of $68,244, expenses of $85,614, total assets of $233,247, and liabilities of N/A.
How much does New Jersey Chapter American College Of Cardiology Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Chapter American College Of Cardiology 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 Chapter American College Of Cardiology Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Chapter American College Of Cardiology Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Chapter American College Of Cardiology Inc?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess direct impact.. No clear breakdown of administrative vs. fundraising expenses beyond total expenses.. The organization's name suggests a New Jersey focus, but its listed location is Birmingham, AL, which could indicate a discrepancy or administrative hub.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Chapter American College Of Cardiology Inc's strengths?
Positive indicators for New Jersey Chapter American College Of Cardiology Inc include: Consistent positive net assets over the years, indicating financial stability.. Relatively low total expenses compared to assets, suggesting efficient operations.. Consistent revenue generation, demonstrating ongoing support.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Chapter American College Of Cardiology Inc compensate executives?
Executive compensation is not reported in the provided financial data, indicating it is likely below the IRS reporting threshold of $150,000 for any individual. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the organization's name and listed location, how does the New Jersey Chapter American College of Cardiology Inc. manage its operational presence and service delivery across state lines?
The discrepancy between the 'New Jersey Chapter' name and the 'Birmingham, AL' location suggests either a national administrative hub for a state-specific chapter or a potential misclassification. Further investigation into their operational structure and physical presence in New Jersey would be needed to understand how services are delivered to their target demographic.
What specific programs or initiatives does the organization fund with its reported expenses, and how are these aligned with the mission of the American College of Cardiology?
While the financial data shows total expenses (e.g., $85,614 in 2023), it does not itemize specific programs or initiatives. To understand how these expenses directly support the mission of cardiovascular health and education, a review of their annual reports, website, or program descriptions would be necessary.
Filing History
IRS 990 filing history for New Jersey Chapter American College Of Cardiology Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Chapter American College Of Cardiology Inc's revenue has declined by 63.4%, moving from $186K to $68K. Total assets decreased by 48.5% over the same period, from $453K to $233K. Total functional expenses rose by 10.1%, from $78K to $86K. In its most recent filing year (2023), New Jersey Chapter American College Of Cardiology Inc reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $86K | $233K | $0 | — | View 990 |
| 2022 | $92K | $65K | $251K | $0 | — | View 990 |
| 2021 | $63K | $53K | $223K | $0 | — | View 990 |
| 2020 | $100K | $43K | $213K | $0 | — | View 990 |
| 2019 | $60K | $109K | $191K | $35K | — | View 990 |
| 2018 | $73K | $116K | $215K | $9K | — | View 990 |
| 2017 | $67K | $125K | $269K | $20K | — | — |
| 2016 | $59K | $103K | $329K | $23K | — | View 990 |
| 2015 | $29K | $98K | $365K | $14K | — | View 990 |
| 2014 | $80K | $105K | $419K | $0 | — | View 990 |
| 2013 | $132K | $94K | $468K | $23K | — | View 990 |
| 2012 | $120K | $125K | $465K | $57K | — | View 990 |
| 2011 | $186K | $78K | $453K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $86K, and assets of $233K (revenue -26.2% year-over-year).
- 2022: Revenue of $92K, expenses of $65K, and assets of $251K (revenue +45.9% year-over-year).
- 2021: Revenue of $63K, expenses of $53K, and assets of $223K (revenue -36.5% year-over-year).
- 2020: Revenue of $100K, expenses of $43K, and assets of $213K (revenue +66.9% year-over-year).
- 2019: Revenue of $60K, expenses of $109K, and assets of $191K (revenue -18.3% year-over-year).
- 2018: Revenue of $73K, expenses of $116K, and assets of $215K (revenue +9.7% year-over-year).
- 2017: Revenue of $67K, expenses of $125K, and assets of $269K (revenue +12.5% year-over-year).
- 2016: Revenue of $59K, expenses of $103K, and assets of $329K (revenue +105.2% year-over-year).
- 2015: Revenue of $29K, expenses of $98K, and assets of $365K (revenue -63.8% year-over-year).
- 2014: Revenue of $80K, expenses of $105K, and assets of $419K (revenue -39.4% year-over-year).
- 2013: Revenue of $132K, expenses of $94K, and assets of $468K (revenue +9.5% year-over-year).
- 2012: Revenue of $120K, expenses of $125K, and assets of $465K (revenue -35.5% year-over-year).
- 2011: Revenue of $186K, expenses of $78K, and assets of $453K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Chapter American College Of Cardiology Inc:
Data Sources and Methodology
This transparency report for New Jersey Chapter American College Of Cardiology 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.