New Jersey Food Council Inc
New Jersey Food Council Inc: Stable Revenue, High Administrative Costs
EIN: 221863080 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.1M |
| CEO/Top Officer Pay | $175,806 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is New Jersey Food Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Jersey Food Council Inc
New Jersey Food Council Inc (EIN: 221863080) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $1.6M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Food Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Food Council Inc is a mid-size nonprofit that has been operating for 56 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$164K |
| Total Assets | $1.3M |
| Total Liabilities | $176K |
| Net Assets | $1.1M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, New Jersey Food Council Inc reported a surplus of $164K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), New Jersey Food Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | -1.5% | +25.2% |
| 2022 | +4.8% | +8.9% | -18.9% |
| 2021 | -1.5% | -1.4% | +26.7% |
| 2020 | -9.2% | -2.1% | +32.4% |
| 2019 | +17.5% | +5.1% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1970 |
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 Food Council Inc 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: 88%
- programs: 0%
- fundraising: 12%
According to IRS 990 filings, New Jersey Food Council Inc allocates its expenses as follows: admin: 88%, programs: 0%, fundraising: 12%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $164K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.4%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size, with the highest compensated individual receiving $175,806 in 2023, which is 13.5% of total assets for that year.
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 Food Council Inc's IRS 990 filings:
- The spending breakdown indicates 0% on programs, suggesting the organization primarily serves as a trade association rather than a direct service provider.
- Administrative expenses consistently represent a very high percentage of total expenses, reaching $1,131,976 out of $1,295,999 in 2023, or 87.3%.
Strengths
The following positive indicators were identified for New Jersey Food Council Inc:
- The organization has consistently maintained positive net assets over the past several years, indicating financial stability.
- Revenue has been stable, hovering around $1.1 million to $1.5 million annually.
- The organization has a long operating history, with financial data available back to 2016.
Frequently Asked Questions about New Jersey Food Council Inc
Is New Jersey Food Council Inc a legitimate charity?
New Jersey Food Council Inc (EIN: 221863080) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does New Jersey Food Council Inc spend its money?
New Jersey Food Council Inc reported $1.6M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Jersey Food Council Inc tax-deductible?
New Jersey Food Council Inc is registered as a tax-exempt nonprofit (EIN: 221863080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Jersey Food Council Inc CEO make?
New Jersey Food Council Inc's highest-compensated officer earns $175,806 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New Jersey Food Council Inc located?
New Jersey Food Council Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 221863080.
How many years of IRS 990 filings does New Jersey Food Council Inc have?
New Jersey Food Council Inc has 14 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 $1.6M in total revenue.
What does New Jersey Food Council Inc do?
New Jersey Food Council Inc is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Food Council Inc have?
New Jersey Food Council Inc reported total revenue of $1,568,293. Based on 14 IRS 990 filings on record.
What are New Jersey Food Council Inc's total assets?
New Jersey Food Council Inc holds total assets of $1,644,288 as reported in IRS 990 filings.
Where is New Jersey Food Council Inc located?
New Jersey Food Council Inc is based in Trenton, New Jersey.
What is New Jersey Food Council Inc's EIN?
New Jersey Food Council Inc's Employer Identification Number (EIN) is 221863080. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Food Council Inc?
New Jersey Food Council Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Food Council Inc a registered 501(c)(3)?
New Jersey Food Council Inc appears in IRS records (EIN: 221863080). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Food Council Inc file IRS Form 990?
Yes, New Jersey Food Council Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Food Council Inc's revenue in 2023?
In the 202312 filing period, New Jersey Food Council Inc reported total revenue of $1,295,999, total expenses of $1,131,976, and net assets of $1,311,226.
Is New Jersey Food Council Inc's revenue growing or declining?
New Jersey Food Council Inc's revenue is growing. Revenue went from $1,217,337 (202212) to $1,295,999 (202312), a +6.5% change. Based on 14 filings on record.
What is New Jersey Food Council Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Food Council Inc covers tax period 202312. It shows revenue of $1,295,999, expenses of $1,131,976, total assets of $1,311,226, and liabilities of $175,806.
Is New Jersey Food Council Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Food Council Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Food Council Inc?
The following concerns were identified: The spending breakdown indicates 0% on programs, suggesting the organization primarily serves as a trade association rather than a direct service provider.. Administrative expenses consistently represent a very high percentage of total expenses, reaching $1,131,976 out of $1,295,999 in 2023, or 87.3%.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Food Council Inc's strengths?
Positive indicators for New Jersey Food Council Inc include: The organization has consistently maintained positive net assets over the past several years, indicating financial stability.. Revenue has been stable, hovering around $1.1 million to $1.5 million annually.. The organization has a long operating history, with financial data available back to 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Food Council Inc compensate executives?
Executive compensation appears reasonable given the organization's size, with the highest compensated individual receiving $175,806 in 2023, which is 13.5% of total assets for that year. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 0% program spending, what is the primary function and impact of the New Jersey Food Council Inc?
The New Jersey Food Council Inc appears to function as a trade association, representing the food industry in New Jersey. Its impact would likely be through advocacy, networking, and information sharing for its members, rather than direct charitable programs, which explains the 0% program spending.
How does the high administrative spending align with the organization's stated mission or purpose?
For a trade association, high administrative spending can be typical as it covers lobbying efforts, member services, operational overhead, and salaries for staff who manage these functions. If the mission is advocacy and industry support, these costs are integral to achieving that mission.
Filing History
IRS 990 filing history for New Jersey Food Council Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), New Jersey Food Council Inc's revenue has grown by 60.5%, moving from $807K to $1.3M. Total assets increased by 64% over the same period, from $800K to $1.3M. Total functional expenses rose by 11.9%, from $1.0M to $1.1M. In its most recent filing year (2023), New Jersey Food Council Inc reported a surplus of $164K, with revenue exceeding expenses. The organization holds $176K in liabilities against $1.3M in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $1.3M | $176K | — | View 990 |
| 2022 | $1.2M | $1.1M | $1.0M | $101K | — | — |
| 2021 | $1.2M | $1.1M | $1.3M | $309K | — | View 990 |
| 2020 | $1.2M | $1.1M | $1.0M | $136K | — | View 990 |
| 2019 | $1.3M | $1.1M | $770K | $17K | — | View 990 |
| 2018 | $1.1M | $1.0M | $603K | $74K | — | View 990 |
| 2017 | $1.1M | $1.7M | $586K | $103K | — | View 990 |
| 2016 | $1.1M | $1.0M | $1.1M | $68K | — | View 990 |
| 2015 | $987K | $859K | $1.0M | $57K | — | View 990 |
| 2014 | $1.0M | $864K | $930K | $75K | — | View 990 |
| 2013 | $1.0M | $819K | $846K | $156K | — | View 990 |
| 2012 | $1.0M | $933K | $699K | $201K | — | View 990 |
| 2011 | $907K | $1.0M | $818K | $405K | — | View 990 |
| 2010 | $807K | $1.0M | $800K | $271K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $1.3M (revenue +6.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.0M (revenue +4.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue -1.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $1.0M (revenue -9.2% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $770K (revenue +17.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $603K (revenue -3.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.7M, and assets of $586K (revenue +6.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue +9.5% year-over-year).
- 2015: Revenue of $987K, expenses of $859K, and assets of $1.0M (revenue -3.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $864K, and assets of $930K (revenue -0.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $819K, and assets of $846K (revenue +1.8% year-over-year).
- 2012: Revenue of $1.0M, expenses of $933K, and assets of $699K (revenue +11.5% year-over-year).
- 2011: Revenue of $907K, expenses of $1.0M, and assets of $818K (revenue +12.3% year-over-year).
- 2010: Revenue of $807K, expenses of $1.0M, and assets of $800K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Food Council Inc:
Data Sources and Methodology
This transparency report for New Jersey Food Council 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.