New Jersey Council Of County Colleges
New Jersey Council Of County Colleges: Strong Financials, High Program Spending
EIN: 223085497 · Hamilton Township, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $13.3M |
| Total Expenses | $11.3M |
| Program Spending | 89% |
| Net Assets | $4.1M |
| Transparency Score | 85/100 |
Is New Jersey Council Of County Colleges Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Council Of County Colleges directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey Council Of County Colleges
New Jersey Council Of County Colleges (EIN: 223085497) is a nonprofit organization based in Hamilton Township, NJ. The organization reported total revenue of $13.3M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Council Of County Colleges's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Council Of County Colleges is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $11.3M |
| Surplus / Deficit | +$817K |
| Total Assets | $12.7M |
| Total Liabilities | $8.6M |
| Net Assets | $4.1M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 67.6% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, New Jersey Council Of County Colleges reported a surplus of $817K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 67.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Council Of County Colleges's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | +1.6% | +0.9% |
| 2022 | +220.3% | +187.1% | +154.5% |
| 2021 | -40.0% | -32.7% | -11.5% |
| 2020 | -29.5% | -29.0% | -5.8% |
| 2019 | -20.5% | -21.1% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Of County Colleges 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: 6%
- programs: 89%
- fundraising: 5%
According to IRS 990 filings, New Jersey Council Of County Colleges allocates its expenses as follows: admin: 6%, programs: 89%, fundraising: 5%. With 89% 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 surplus of $817K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.6%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely refers to lobbying costs rather than compensation figures. Further investigation into Form 990s would be needed to assess executive compensation.
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.
Strengths
The following positive indicators were identified for New Jersey Council Of County Colleges:
- Consistently high percentage of expenses dedicated to programs (e.g., 89% in 2023 based on $11,301,896 program expenses out of $12,118,994 total expenses).
- Strong financial health with assets growing from $5,101,623 in 2016 to $12,744,934 in 2023.
- Low administrative and fundraising costs, indicating efficient operations.
- Consistent revenue generation, with 2023 revenue at $12,118,994.
Frequently Asked Questions about New Jersey Council Of County Colleges
Is New Jersey Council Of County Colleges a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Council Of County Colleges (EIN: 223085497) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does New Jersey Council Of County Colleges spend its money?
New Jersey Council Of County Colleges directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey Council Of County Colleges tax-deductible?
New Jersey Council Of County Colleges is registered as a tax-exempt nonprofit (EIN: 223085497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Council Of County Colleges's spending goes to programs?
New Jersey Council Of County Colleges directs 89% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Council Of County Colleges located?
New Jersey Council Of County Colleges is headquartered in Hamilton Township, New Jersey and files with the IRS under EIN 223085497.
How many years of IRS 990 filings does New Jersey Council Of County Colleges have?
New Jersey Council Of County Colleges 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 $13.3M in total revenue.
What does New Jersey Council Of County Colleges do?
New Jersey Council Of County Colleges is a nonprofit organization in the Unknown sector, located in Hamilton Township, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Council Of County Colleges have?
New Jersey Council Of County Colleges reported total revenue of $13,274,860. Based on 13 IRS 990 filings on record.
What are New Jersey Council Of County Colleges's total assets?
New Jersey Council Of County Colleges holds total assets of $14,919,959 as reported in IRS 990 filings.
Where is New Jersey Council Of County Colleges located?
New Jersey Council Of County Colleges is based in Hamilton Township, New Jersey.
What is New Jersey Council Of County Colleges's EIN?
New Jersey Council Of County Colleges's Employer Identification Number (EIN) is 223085497. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Council Of County Colleges?
New Jersey Council Of County Colleges is classified under NTEE code Unknown (Unknown).
Is New Jersey Council Of County Colleges a registered 501(c)(3)?
New Jersey Council Of County Colleges appears in IRS records (EIN: 223085497). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Council Of County Colleges file IRS Form 990?
Yes, New Jersey Council Of County Colleges has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Jersey Council Of County Colleges's revenue in 2023?
In the 202306 filing period, New Jersey Council Of County Colleges reported total revenue of $12,118,994, total expenses of $11,301,896, and net assets of $12,744,934.
Is New Jersey Council Of County Colleges's revenue growing or declining?
New Jersey Council Of County Colleges's revenue is growing. Revenue went from $11,343,190 (202206) to $12,118,994 (202306), a +6.8% change. Based on 13 filings on record.
What is New Jersey Council Of County Colleges's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Council Of County Colleges covers tax period 202306. It shows revenue of $12,118,994, expenses of $11,301,896, total assets of $12,744,934, and liabilities of $8,610,001.
How much does New Jersey Council Of County Colleges spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Council Of County Colleges allocates approximately 89% of expenses to program services, 6% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is New Jersey Council Of County Colleges a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Council Of County Colleges appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are New Jersey Council Of County Colleges's strengths?
Positive indicators for New Jersey Council Of County Colleges include: Consistently high percentage of expenses dedicated to programs (e.g., 89% in 2023 based on $11,301,896 program expenses out of $12,118,994 total expenses).. Strong financial health with assets growing from $5,101,623 in 2016 to $12,744,934 in 2023.. Low administrative and fundraising costs, indicating efficient operations.. Consistent revenue generation, with 2023 revenue at $12,118,994.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Council Of County Colleges compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' likely refers to lobbying costs rather than compensation figures. Further investigation into Form 990s would be needed to assess executive compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain such a low percentage of administrative and fundraising costs while experiencing significant asset growth?
The consistent growth in assets and revenue, coupled with a high program spending ratio, suggests efficient operational management and effective resource allocation, potentially through strong grant funding or state support that minimizes the need for extensive fundraising infrastructure.
Filing History
IRS 990 filing history for New Jersey Council Of County Colleges showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Council Of County Colleges's revenue has grown by 211.1%, moving from $3.9M to $12.1M. Total assets increased by 348.3% over the same period, from $2.8M to $12.7M. Total functional expenses rose by 223.5%, from $3.5M to $11.3M. In its most recent filing year (2023), New Jersey Council Of County Colleges reported a surplus of $817K, with revenue exceeding expenses. The organization holds $8.6M in liabilities against $12.7M in assets (debt-to-asset ratio: 67.6%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $11.3M | $12.7M | $8.6M | — | View 990 |
| 2022 | $11.3M | $11.1M | $12.6M | $9.3M | — | View 990 |
| 2021 | $3.5M | $3.9M | $5.0M | $1.7M | — | View 990 |
| 2020 | $5.9M | $5.8M | $5.6M | $2.1M | — | View 990 |
| 2019 | $8.4M | $8.1M | $5.9M | $2.5M | — | View 990 |
| 2018 | $10.5M | $10.3M | $5.3M | $2.2M | — | View 990 |
| 2017 | $10.3M | $10.0M | $5.9M | $3.0M | — | View 990 |
| 2016 | $8.1M | $8.2M | $5.1M | $2.5M | — | View 990 |
| 2015 | $6.6M | $6.8M | $5.1M | $2.3M | — | View 990 |
| 2014 | $6.2M | $6.2M | $4.8M | $1.9M | — | View 990 |
| 2013 | $4.3M | $4.3M | $3.7M | $745K | — | View 990 |
| 2012 | $4.4M | $4.0M | $3.5M | $654K | — | View 990 |
| 2011 | $3.9M | $3.5M | $2.8M | $416K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $11.3M, and assets of $12.7M (revenue +6.8% year-over-year).
- 2022: Revenue of $11.3M, expenses of $11.1M, and assets of $12.6M (revenue +220.3% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.9M, and assets of $5.0M (revenue -40.0% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.8M, and assets of $5.6M (revenue -29.5% year-over-year).
- 2019: Revenue of $8.4M, expenses of $8.1M, and assets of $5.9M (revenue -20.5% year-over-year).
- 2018: Revenue of $10.5M, expenses of $10.3M, and assets of $5.3M (revenue +2.3% year-over-year).
- 2017: Revenue of $10.3M, expenses of $10.0M, and assets of $5.9M (revenue +27.8% year-over-year).
- 2016: Revenue of $8.1M, expenses of $8.2M, and assets of $5.1M (revenue +21.2% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.8M, and assets of $5.1M (revenue +7.4% year-over-year).
- 2014: Revenue of $6.2M, expenses of $6.2M, and assets of $4.8M (revenue +42.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.3M, and assets of $3.7M (revenue -1.5% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.0M, and assets of $3.5M (revenue +13.2% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.5M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Council Of County Colleges:
Data Sources and Methodology
This transparency report for New Jersey Council Of County Colleges 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.