New Jersey Education Association
New Jersey Education Association: Financial Volatility and Transparency Concerns
EIN: 221818182 · Jersey City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $833K |
| Program Spending | 70% |
| Net Assets | $6.4M |
| Transparency Score | 65/100 |
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: 221818182) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $1.4M and total assets of $6.8M 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 mid-size nonprofit that has been operating for 54 years, with 11 years of IRS 990 filings on record (2011–2023). 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 | $722K |
| Total Expenses | $833K |
| Surplus / Deficit | $-111,547 |
| Total Assets | $6.4M |
| Net Assets | $6.4M |
| Operating Margin | -15.5% |
| Months of Reserves | 92.0 months |
Financial Health Grade: B
In 2023, New Jersey Education Association reported a deficit of $112K with expenses exceeding revenue, holds 92.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), New Jersey Education Association's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +145.0% | -12.9% | -1.7% |
| 2022 | -76.3% | +29.9% | -9.2% |
| 2021 | +122.5% | +11.1% | +15.1% |
| 2019 | -55.4% | -7.0% | -4.5% |
| 2018 | +72.9% | -18.0% | +6.2% |
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 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, New Jersey Education Association 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 $112K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation details are not readily available in the provided data, making a comprehensive assessment impossible without further filings.
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:
- Significant year-over-year revenue volatility (e.g., $294,686 in 2022 to $1,384,665 in 2023) without clear explanations.
- Consistent reporting of $0 liabilities across multiple years for an organization with assets over $6 million could indicate incomplete reporting or a unique financial structure.
Strengths
The following positive indicators were identified for New Jersey Education Association:
- Maintains substantial assets, consistently over $6 million, indicating financial stability despite revenue fluctuations.
Frequently Asked Questions about New Jersey Education Association
Is New Jersey Education Association a legitimate charity?
New Jersey Education Association (EIN: 221818182) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 1 strength noted. Financial health grade: B.
How does New Jersey Education Association spend its money?
New Jersey Education Association directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to New Jersey Education Association tax-deductible?
New Jersey Education Association is registered as a tax-exempt nonprofit (EIN: 221818182). 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, 15% 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 Jersey City, New Jersey and files with the IRS under EIN 221818182.
How many years of IRS 990 filings does New Jersey Education Association have?
New Jersey Education Association has 11 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 $1.4M in total revenue.
What does New Jersey Education Association do?
New Jersey Education Association is a nonprofit organization in the Unknown sector, located in Jersey City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Education Association have?
New Jersey Education Association reported total revenue of $1,384,665. Based on 11 IRS 990 filings on record.
What are New Jersey Education Association's total assets?
New Jersey Education Association holds total assets of $6,840,433 as reported in IRS 990 filings.
Where is New Jersey Education Association located?
New Jersey Education Association is based in Jersey City, New Jersey.
What is New Jersey Education Association's EIN?
New Jersey Education Association's Employer Identification Number (EIN) is 221818182. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Education Association?
New Jersey Education Association is classified under NTEE code Unknown (Unknown).
Is New Jersey Education Association a registered 501(c)(3)?
New Jersey Education Association appears in IRS records (EIN: 221818182). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Education Association file IRS Form 990?
Yes, New Jersey Education Association has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Jersey Education Association's revenue in 2023?
In the 202306 filing period, New Jersey Education Association reported total revenue of $721,835, total expenses of $833,382, and net assets of $6,392,235.
Is New Jersey Education Association's revenue growing or declining?
New Jersey Education Association's revenue is growing. Revenue went from $294,686 (202206) to $721,835 (202306), a +145.0% change. Based on 11 filings on record.
What is New Jersey Education Association's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Education Association covers tax period 202306. It shows revenue of $721,835, expenses of $833,382, total assets of $6,392,235, and liabilities of N/A.
How much does New Jersey Education Association spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Education Association 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 Education Association a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Education Association shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 1 strength noted.
What are the red flags for New Jersey Education Association?
The following concerns were identified: Significant year-over-year revenue volatility (e.g., $294,686 in 2022 to $1,384,665 in 2023) without clear explanations.. Consistent reporting of $0 liabilities across multiple years for an organization with assets over $6 million could indicate incomplete reporting or a unique financial structure.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Education Association's strengths?
Positive indicators for New Jersey Education Association include: Maintains substantial assets, consistently over $6 million, indicating financial stability despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Education Association compensate executives?
Executive compensation details are not readily available in the provided data, making a comprehensive assessment impossible without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the extreme year-over-year revenue fluctuations, such as the jump from $294,686 in 2022 to $1,384,665 in 2023?
The provided data does not specify the sources of revenue or the reasons for such significant changes, suggesting a need for deeper financial statement analysis.
How does the New Jersey Education Association manage to consistently report $0 in liabilities given its operational scale and asset base?
This consistent reporting of zero liabilities is unusual for an organization of this size and could imply that certain financial obligations are not categorized as liabilities or are managed through unique accounting practices not immediately apparent.
Filing History
IRS 990 filing history for New Jersey Education Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), New Jersey Education Association's revenue has declined by 22.4%, moving from $930K to $722K. Total assets decreased by 3.6% over the same period, from $6.6M to $6.4M. Total functional expenses rose by 1.2%, from $823K to $833K. In its most recent filing year (2023), New Jersey Education Association reported a deficit of $112K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $722K | $833K | $6.4M | $0 | — | View 990 |
| 2022 | $295K | $957K | $6.5M | $0 | — | View 990 |
| 2021 | $1.2M | $737K | $7.2M | $0 | — | View 990 |
| 2019 | $558K | $663K | $6.2M | $15K | — | View 990 |
| 2018 | $1.3M | $713K | $6.5M | $203K | — | View 990 |
| 2017 | $724K | $869K | $6.1M | $363K | — | View 990 |
| 2016 | $1.1M | $829K | $6.4M | $513K | — | View 990 |
| 2015 | $835K | $790K | $6.3M | $653K | — | View 990 |
| 2014 | $948K | $928K | $6.4M | $784K | — | View 990 |
| 2012 | $1.1M | $819K | $6.7M | $1.3M | — | View 990 |
| 2011 | $930K | $823K | $6.6M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $722K, expenses of $833K, and assets of $6.4M (revenue +145.0% year-over-year).
- 2022: Revenue of $295K, expenses of $957K, and assets of $6.5M (revenue -76.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $737K, and assets of $7.2M (revenue +122.5% year-over-year).
- 2019: Revenue of $558K, expenses of $663K, and assets of $6.2M (revenue -55.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $713K, and assets of $6.5M (revenue +72.9% year-over-year).
- 2017: Revenue of $724K, expenses of $869K, and assets of $6.1M (revenue -33.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $829K, and assets of $6.4M (revenue +30.1% year-over-year).
- 2015: Revenue of $835K, expenses of $790K, and assets of $6.3M (revenue -11.9% year-over-year).
- 2014: Revenue of $948K, expenses of $928K, and assets of $6.4M (revenue -13.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $819K, and assets of $6.7M (revenue +18.3% year-over-year).
- 2011: Revenue of $930K, expenses of $823K, and assets of $6.6M.
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.