New Jersey Foundation For Dance And Theatre Arts
EIN: 223612092 · Wanaque, NJ · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $326K |
| Net Assets | $-23,055 |
Is New Jersey Foundation For Dance And Theatre Arts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Jersey Foundation For Dance And Theatre Arts
New Jersey Foundation For Dance And Theatre Arts (EIN: 223612092) is a nonprofit organization based in Wanaque, NJ, classified under NTEE code A65. The organization reported total revenue of $429K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Foundation For Dance And Theatre Arts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Foundation For Dance And Theatre Arts is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $326K |
| Surplus / Deficit | $-106,497 |
| Total Assets | $69K |
| Total Liabilities | $92K |
| Net Assets | $-23,055 |
| Operating Margin | -48.6% |
| Debt-to-Asset Ratio | 133.4% |
| Months of Reserves | 2.5 months |
Financial Health Grade: D
In 2022, New Jersey Foundation For Dance And Theatre Arts reported a deficit of $106K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 133.4% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), New Jersey Foundation For Dance And Theatre Arts's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +52.6% | +235.4% | -32.8% |
| 2021 | -60.9% | -72.3% | +60.1% |
| 2020 | -9.4% | -13.0% | +166.9% |
| 2019 | +7.6% | +7.9% | -3.9% |
| 2018 | +18.4% | +17.1% | +47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Jersey Foundation For Dance And Theatre Arts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Jersey Foundation For Dance And Theatre Arts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 133.4%.
Frequently Asked Questions about New Jersey Foundation For Dance And Theatre Arts
Is New Jersey Foundation For Dance And Theatre Arts a legitimate charity?
New Jersey Foundation For Dance And Theatre Arts (EIN: 223612092) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $429K. No red flags identified. Financial health grade: D.
How does New Jersey Foundation For Dance And Theatre Arts spend its money?
New Jersey Foundation For Dance And Theatre Arts reported $429K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Jersey Foundation For Dance And Theatre Arts tax-deductible?
New Jersey Foundation For Dance And Theatre Arts is registered as a tax-exempt nonprofit (EIN: 223612092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Jersey Foundation For Dance And Theatre Arts located?
New Jersey Foundation For Dance And Theatre Arts is headquartered in Wanaque, New Jersey and files with the IRS under EIN 223612092. It is classified under NTEE code A65.
How many years of IRS 990 filings does New Jersey Foundation For Dance And Theatre Arts have?
New Jersey Foundation For Dance And Theatre Arts 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 $429K in total revenue.
Filing History
IRS 990 filing history for New Jersey Foundation For Dance And Theatre Arts showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Jersey Foundation For Dance And Theatre Arts's revenue has declined by 34.5%, moving from $335K to $219K. Total assets increased by 90.5% over the same period, from $36K to $69K. Total functional expenses fell by 1.6%, from $331K to $326K. In its most recent filing year (2022), New Jersey Foundation For Dance And Theatre Arts reported a deficit of $106K, with expenses exceeding revenue. The organization holds $92K in liabilities against $69K in assets (debt-to-asset ratio: 133.4%), resulting in net assets of $-23,055.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $219K | $326K | $69K | $92K | — | View 990 |
| 2021 | $144K | $97K | $103K | $20K | — | — |
| 2020 | $368K | $351K | $64K | $27K | — | View 990 |
| 2019 | $406K | $403K | $24K | $4K | — | View 990 |
| 2018 | $377K | $373K | $25K | $8K | — | View 990 |
| 2017 | $319K | $319K | $17K | $4K | — | View 990 |
| 2016 | $372K | $359K | $75K | $62K | — | View 990 |
| 2015 | $295K | $310K | $64K | $65K | — | View 990 |
| 2014 | $340K | $336K | $26K | $12K | — | View 990 |
| 2013 | $222K | $248K | $26K | $15K | — | View 990 |
| 2012 | $257K | $242K | $43K | $5K | — | View 990 |
| 2011 | $335K | $331K | $36K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $219K, expenses of $326K, and assets of $69K (revenue +52.6% year-over-year).
- 2021: Revenue of $144K, expenses of $97K, and assets of $103K (revenue -60.9% year-over-year).
- 2020: Revenue of $368K, expenses of $351K, and assets of $64K (revenue -9.4% year-over-year).
- 2019: Revenue of $406K, expenses of $403K, and assets of $24K (revenue +7.6% year-over-year).
- 2018: Revenue of $377K, expenses of $373K, and assets of $25K (revenue +18.4% year-over-year).
- 2017: Revenue of $319K, expenses of $319K, and assets of $17K (revenue -14.4% year-over-year).
- 2016: Revenue of $372K, expenses of $359K, and assets of $75K (revenue +26.1% year-over-year).
- 2015: Revenue of $295K, expenses of $310K, and assets of $64K (revenue -13.1% year-over-year).
- 2014: Revenue of $340K, expenses of $336K, and assets of $26K (revenue +53.2% year-over-year).
- 2013: Revenue of $222K, expenses of $248K, and assets of $26K (revenue -13.5% year-over-year).
- 2012: Revenue of $257K, expenses of $242K, and assets of $43K (revenue -23.3% year-over-year).
- 2011: Revenue of $335K, expenses of $331K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Foundation For Dance And Theatre Arts:
Data Sources and Methodology
This transparency report for New Jersey Foundation For Dance And Theatre Arts 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.