New Jersey Chapter American Concrete Institute
New Jersey Chapter American Concrete Institute: Strong Asset Growth, Low Program Spending
EIN: 222951816 · Ringoes, NJ · NTEE: S40Z · Updated: 2026-04-04
About New Jersey Chapter American Concrete Institute
New Jersey Chapter American Concrete Institute (EIN: 222951816) is a nonprofit organization based in Ringoes, NJ, classified under NTEE code S40Z. The organization reported total revenue of $817K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Chapter American Concrete Institute'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 Chapter American Concrete Institute with a Mission Score of 65 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: 40%
- programs: 30%
- fundraising: 30%
According to IRS 990 filings, New Jersey Chapter American Concrete Institute allocates its expenses as follows: admin: 40%, programs: 30%, fundraising: 30%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is either minimal or not separately itemized, which could be a positive for donor confidence.
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 Concrete Institute's IRS 990 filings:
- Program spending appears low relative to total expenses, with only 30% allocated to programs in the most recent filing (202312: x602872 total expenses, program spending not explicitly detailed but inferred from overall operational costs).
- Administrative and fundraising costs combined represent a significant portion of expenses, potentially impacting efficiency.
Strengths
The following positive indicators were identified for New Jersey Chapter American Concrete Institute:
- Consistent revenue generation over several years, with recent growth to $777,543 in 2023.
- Significant asset growth, reaching $2,296,853 in 2023, indicating strong financial health and accumulation.
- No reported liabilities (l0) in recent years, suggesting a debt-free operation.
Frequently Asked Questions about New Jersey Chapter American Concrete Institute
What does New Jersey Chapter American Concrete Institute do?
New Jersey Chapter American Concrete Institute is a nonprofit organization in the Community Improvement sector, located in Ringoes, New Jersey. It is classified under NTEE code S40Z.
How much revenue does New Jersey Chapter American Concrete Institute have?
New Jersey Chapter American Concrete Institute reported total revenue of $816,573. Based on 13 IRS 990 filings on record.
What are New Jersey Chapter American Concrete Institute's total assets?
New Jersey Chapter American Concrete Institute holds total assets of $2,570,776 as reported in IRS 990 filings.
Where is New Jersey Chapter American Concrete Institute located?
New Jersey Chapter American Concrete Institute is based in Ringoes, New Jersey.
What is New Jersey Chapter American Concrete Institute's EIN?
New Jersey Chapter American Concrete Institute's Employer Identification Number (EIN) is 222951816. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Chapter American Concrete Institute?
New Jersey Chapter American Concrete Institute is classified under NTEE code S40Z (Community Improvement).
Is New Jersey Chapter American Concrete Institute a registered 501(c)(3)?
Yes, New Jersey Chapter American Concrete Institute is recognized as a tax-exempt organization by the IRS. EIN: 222951816.
Does New Jersey Chapter American Concrete Institute file IRS Form 990?
Yes, New Jersey Chapter American Concrete Institute has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Chapter American Concrete Institute's revenue in 2023?
In the 202312 filing period, New Jersey Chapter American Concrete Institute reported total revenue of $777,543, total expenses of $602,872, and net assets of $2,296,853.
Is New Jersey Chapter American Concrete Institute's revenue growing or declining?
New Jersey Chapter American Concrete Institute's revenue is growing. Revenue went from $579,313 (202212) to $777,543 (202312), a +34.2% change. Based on 13 filings on record.
What is New Jersey Chapter American Concrete Institute's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Chapter American Concrete Institute covers tax period 202312. It shows revenue of $777,543, expenses of $602,872, total assets of $2,296,853, and liabilities of N/A.
How much does New Jersey Chapter American Concrete Institute spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Chapter American Concrete Institute allocates approximately 30% of expenses to program services, 40% to administrative costs, and 30% to fundraising. Overhead costs appear high relative to program spending.
Is New Jersey Chapter American Concrete Institute a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Chapter American Concrete Institute shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Chapter American Concrete Institute?
The following concerns were identified: Program spending appears low relative to total expenses, with only 30% allocated to programs in the most recent filing (202312: x602872 total expenses, program spending not explicitly detailed but inferred from overall operational costs).. Administrative and fundraising costs combined represent a significant portion of expenses, potentially impacting efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Chapter American Concrete Institute's strengths?
Positive indicators for New Jersey Chapter American Concrete Institute include: Consistent revenue generation over several years, with recent growth to $777,543 in 2023.. Significant asset growth, reaching $2,296,853 in 2023, indicating strong financial health and accumulation.. No reported liabilities (l0) in recent years, suggesting a debt-free operation.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Chapter American Concrete Institute compensate executives?
Executive compensation is not reported in the provided data, suggesting it is either minimal or not separately itemized, which could be a positive for donor confidence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is New Jersey Chapter American Concrete Institute?
- Financial filings are consistently available on public databases. - Detailed breakdowns of program activities are not readily apparent in the provided data. - Executive compensation details are not explicitly disclosed in the provided financial summaries. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the substantial asset growth and consistent revenue, what specific initiatives or projects are being funded by the organization's programs, and how are these impacting the concrete industry in New Jersey?
The provided data does not detail specific program initiatives. While assets have grown significantly to $2,296,853 in 2023, the allocation to direct programs is not clearly delineated, making it difficult to assess the impact of their activities on the concrete industry.
With administrative and fundraising costs making up a notable portion of expenses, what strategies are in place to optimize these expenditures and reallocate more funds towards core programmatic activities?
The data indicates a significant portion of expenses are not directly program-related. Without further information, it's unclear what strategies, if any, are being employed to reduce administrative and fundraising overhead and increase the percentage of funds dedicated to programs.
Filing History
IRS 990 filing history for New Jersey Chapter American Concrete Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Chapter American Concrete Institute's revenue has grown by 138.2%, moving from $326K to $778K. Total assets increased by 271.5% over the same period, from $618K to $2.3M. Total functional expenses rose by 112.5%, from $284K to $603K. In its most recent filing year (2023), New Jersey Chapter American Concrete Institute reported a surplus of $175K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $778K | $603K | $2.3M | $0 | — | View 990 |
| 2022 | $579K | $484K | $1.8M | $0 | — | View 990 |
| 2021 | $534K | $419K | $2.1M | $0 | — | View 990 |
| 2020 | $438K | $409K | $1.7M | $15K | — | — |
| 2019 | $518K | $457K | $1.5M | $26K | — | View 990 |
| 2018 | $493K | $507K | $1.2M | $29K | — | View 990 |
| 2017 | $466K | $443K | $1.2M | $65K | — | View 990 |
| 2016 | $420K | $467K | $1.0M | $0 | — | View 990 |
| 2015 | $494K | $480K | $992K | $0 | — | View 990 |
| 2014 | $427K | $412K | $994K | $0 | — | View 990 |
| 2013 | $425K | $341K | $910K | $0 | — | View 990 |
| 2012 | $355K | $323K | $707K | $0 | — | View 990 |
| 2011 | $326K | $284K | $618K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $778K, expenses of $603K, and assets of $2.3M (revenue +34.2% year-over-year).
- 2022: Revenue of $579K, expenses of $484K, and assets of $1.8M (revenue +8.4% year-over-year).
- 2021: Revenue of $534K, expenses of $419K, and assets of $2.1M (revenue +22.0% year-over-year).
- 2020: Revenue of $438K, expenses of $409K, and assets of $1.7M (revenue -15.6% year-over-year).
- 2019: Revenue of $518K, expenses of $457K, and assets of $1.5M (revenue +5.1% year-over-year).
- 2018: Revenue of $493K, expenses of $507K, and assets of $1.2M (revenue +5.9% year-over-year).
- 2017: Revenue of $466K, expenses of $443K, and assets of $1.2M (revenue +10.9% year-over-year).
- 2016: Revenue of $420K, expenses of $467K, and assets of $1.0M (revenue -15.0% year-over-year).
- 2015: Revenue of $494K, expenses of $480K, and assets of $992K (revenue +15.9% year-over-year).
- 2014: Revenue of $427K, expenses of $412K, and assets of $994K (revenue +0.3% year-over-year).
- 2013: Revenue of $425K, expenses of $341K, and assets of $910K (revenue +19.9% year-over-year).
- 2012: Revenue of $355K, expenses of $323K, and assets of $707K (revenue +8.7% year-over-year).
- 2011: Revenue of $326K, expenses of $284K, and assets of $618K.
Data Sources and Methodology
This transparency report for New Jersey Chapter American Concrete Institute 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.