New Jersey Council For The Humanities Inc

Is New Jersey Council For The Humanities 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 Council For The Humanities Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New Jersey Council For The Humanities Inc

New Jersey Council For The Humanities Inc (EIN: 222520859) is a nonprofit organization based in Camden, NJ, classified under NTEE code A990. The organization reported total revenue of $1.8M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Council For The Humanities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

New Jersey Council For The Humanities Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, New Jersey Council For The Humanities Inc reported a deficit of $228K with expenses exceeding revenue, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New Jersey Council For The Humanities Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.

IRS Tax-Exempt Classification

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 Council For The Humanities 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: 7%
• programs: 88%
• fundraising: 5%

According to IRS 990 filings, New Jersey Council For The Humanities Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a deficit of $228K, with expenses exceeding revenue.
• Debt-to-asset ratio: 2.9%.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further access to Form 990 Part VII, Section A.

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 Council For The Humanities Inc's IRS 990 filings:

• Revenue in 2019 saw a significant drop to $1,139,606 from $2,147,194 in 2020, indicating potential funding instability or a one-time event.
• Liabilities have shown some fluctuation, reaching a high of $226,010 in 2022, which warrants further investigation into their nature.

Strengths

The following positive indicators were identified for New Jersey Council For The Humanities Inc:

• The organization consistently allocates a high percentage of its expenses to programs (e.g., 88% in 2023 based on total expenses of $1,858,345 and revenue of $1,629,918), demonstrating a strong commitment to its mission.
• Total assets have remained relatively stable over the years, suggesting sound financial management despite revenue variations.
• The organization has maintained a positive net asset position throughout the reported period.

Frequently Asked Questions about New Jersey Council For The Humanities Inc

Filing History

IRS 990 filing history for New Jersey Council For The Humanities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Jersey Council For The Humanities Inc's revenue has grown by 44.3%, moving from $1.1M to $1.6M. Total assets increased by 134.3% over the same period, from $955K to $2.2M. Total functional expenses rose by 70.9%, from $1.1M to $1.9M. In its most recent filing year (2023), New Jersey Council For The Humanities Inc reported a deficit of $228K, with expenses exceeding revenue. The organization holds $64K in liabilities against $2.2M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $2.2M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.6M, expenses of $1.9M, and assets of $2.2M (revenue -9.1% year-over-year).
• 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $2.6M (revenue -24.0% year-over-year).
• 2021: Revenue of $2.4M, expenses of $2.0M, and assets of $2.7M (revenue +9.8% year-over-year).
• 2020: Revenue of $2.1M, expenses of $1.8M, and assets of $2.2M (revenue +88.4% year-over-year).
• 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $1.7M (revenue +2.5% year-over-year).
• 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $1.7M (revenue +1.5% year-over-year).
• 2017: Revenue of $1.1M, expenses of $985K, and assets of $1.7M (revenue +9.3% year-over-year).
• 2016: Revenue of $1.0M, expenses of $924K, and assets of $1.6M (revenue +4.2% year-over-year).
• 2015: Revenue of $962K, expenses of $852K, and assets of $1.4M (revenue -2.2% year-over-year).
• 2014: Revenue of $984K, expenses of $790K, and assets of $1.3M (revenue +10.4% year-over-year).
• 2013: Revenue of $891K, expenses of $873K, and assets of $1.0M (revenue -9.1% year-over-year).
• 2012: Revenue of $980K, expenses of $935K, and assets of $994K (revenue -13.2% year-over-year).
• 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $955K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Jersey Council For The Humanities Inc:

Data Sources and Methodology

This transparency report for New Jersey Council For The Humanities 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.