New Jersey Education Association
New Jersey Education Association shows consistent revenue growth and significant reduction in liabilities over the past decade.
EIN: 210524390 · Trenton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $216.0M |
| Total Expenses | $139.1M |
| Program Spending | 70% |
| Net Assets | $221.1M |
| Transparency Score | 75/100 |
Is New Jersey Education Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Education Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Jersey Education Association
New Jersey Education Association (EIN: 210524390) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $216.0M and total assets of $270.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Education Association is a major nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155.2M |
| Total Expenses | $139.1M |
| Surplus / Deficit | +$16.1M |
| Total Assets | $250.4M |
| Total Liabilities | $29.3M |
| Net Assets | $221.1M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, New Jersey Education Association reported a surplus of $16.1M with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), New Jersey Education Association's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +1.4% | +2.4% |
| 2022 | +6.3% | +3.6% | +9.7% |
| 2021 | +1.8% | -7.3% | +18.9% |
| 2020 | +0.3% | +22.9% | +4.7% |
| 2019 | +4.0% | -15.5% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1972 |
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 Education Association 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Jersey Education Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 surplus of $16.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that executive compensation is either not reported under this specific line item or is not a significant direct expense in the manner typically captured, which limits transparency on leadership remuneration.
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 Education Association's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, raising questions about executive remuneration transparency
Strengths
The following positive indicators were identified for New Jersey Education Association:
- Consistent revenue growth, from $129,647,730 in 201408 to $155,155,057 in 202308
- Significant reduction in liabilities from a high of $230,831,734 in 201608 to $29,343,814 in 202308
- Strong and growing asset base, increasing from $145,225,434 in 201408 to $250,419,848 in 202308
- Consistent financial surpluses, indicating sound financial management (e.g., $155M revenue vs $139M expenses in 202308)
Frequently Asked Questions about New Jersey Education Association
Is New Jersey Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Education Association (EIN: 210524390) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does New Jersey Education Association spend its money?
New Jersey Education Association directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey Education Association tax-deductible?
New Jersey Education Association is registered as a tax-exempt nonprofit (EIN: 210524390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Education Association's spending goes to programs?
New Jersey Education Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Education Association located?
New Jersey Education Association is headquartered in Trenton, New Jersey and files with the IRS under EIN 210524390.
How many years of IRS 990 filings does New Jersey Education Association have?
New Jersey Education Association has 12 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 $216.0M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown, making it difficult to precisely determine the percentages allocated to programs, administration, and fundraising. Further investigation into the full IRS Form 990, Part IX, Statement of Functional Expenses, would be required.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings suggests that either the compensation for key executives is reported under different expense categories, or the organization's leadership structure and compensation practices do not align with the 'officer compensation' definition used for this metric. This warrants further clarification for full transparency.
What is the primary source of the New Jersey Education Association's revenue?
While the total revenue is provided, the specific sources (e.g., membership dues, grants, investments) are not detailed in the given data. A full IRS Form 990, Part VIII, Statement of Revenue, would provide this information.
How does the organization manage its significant asset base?
The organization has a substantial and growing asset base, reaching $250,419,848 in 202308. The specific investment strategies or asset management practices are not detailed in the provided summary, but the growth indicates effective stewardship.
What are the specific programs and services funded by the organization?
The provided financial data does not detail the specific programs or services offered by the New Jersey Education Association. This information would typically be found in the organization's mission statement and program service accomplishments section of the full IRS Form 990.
Filing History
IRS 990 filing history for New Jersey Education Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Jersey Education Association's revenue has grown by 25.3%, moving from $123.8M to $155.2M. Total assets increased by 101.1% over the same period, from $124.6M to $250.4M. Total functional expenses rose by 25.7%, from $110.6M to $139.1M. In its most recent filing year (2023), New Jersey Education Association reported a surplus of $16.1M, with revenue exceeding expenses. The organization holds $29.3M in liabilities against $250.4M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $221.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155.2M | $139.1M | $250.4M | $29.3M | — | View 990 |
| 2022 | $162.7M | $137.1M | $244.6M | $62.3M | — | View 990 |
| 2021 | $153.1M | $132.4M | $223.0M | $120.1M | — | View 990 |
| 2020 | $150.3M | $142.8M | $187.5M | $176.7M | — | — |
| 2019 | $149.9M | $116.2M | $179.1M | $214.8M | — | View 990 |
| 2018 | $144.2M | $137.5M | $163.3M | $130.3M | — | View 990 |
| 2017 | $138.7M | $139.6M | $155.8M | $198.3M | — | View 990 |
| 2016 | $135.8M | $132.6M | $148.1M | $230.8M | — | View 990 |
| 2015 | $134.4M | $121.3M | $143.6M | $169.7M | — | View 990 |
| 2014 | $129.6M | $128.5M | $145.2M | $162.8M | — | View 990 |
| 2013 | $126.5M | $123.3M | $139.0M | $127.0M | — | View 990 |
| 2012 | $123.8M | $110.6M | $124.6M | $202.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155.2M, expenses of $139.1M, and assets of $250.4M (revenue -4.7% year-over-year).
- 2022: Revenue of $162.7M, expenses of $137.1M, and assets of $244.6M (revenue +6.3% year-over-year).
- 2021: Revenue of $153.1M, expenses of $132.4M, and assets of $223.0M (revenue +1.8% year-over-year).
- 2020: Revenue of $150.3M, expenses of $142.8M, and assets of $187.5M (revenue +0.3% year-over-year).
- 2019: Revenue of $149.9M, expenses of $116.2M, and assets of $179.1M (revenue +4.0% year-over-year).
- 2018: Revenue of $144.2M, expenses of $137.5M, and assets of $163.3M (revenue +3.9% year-over-year).
- 2017: Revenue of $138.7M, expenses of $139.6M, and assets of $155.8M (revenue +2.2% year-over-year).
- 2016: Revenue of $135.8M, expenses of $132.6M, and assets of $148.1M (revenue +1.0% year-over-year).
- 2015: Revenue of $134.4M, expenses of $121.3M, and assets of $143.6M (revenue +3.7% year-over-year).
- 2014: Revenue of $129.6M, expenses of $128.5M, and assets of $145.2M (revenue +2.5% year-over-year).
- 2013: Revenue of $126.5M, expenses of $123.3M, and assets of $139.0M (revenue +2.2% year-over-year).
- 2012: Revenue of $123.8M, expenses of $110.6M, and assets of $124.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Education Association:
Data Sources and Methodology
This transparency report for New Jersey Education Association 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.