New Jersey Future Inc
New Jersey Future Inc: Advocating for Sustainable Growth
EIN: 222879323 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2,348,582, |
| Net Assets | $4.0M |
| Transparency Score | 85/100 |
Is New Jersey Future Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Future Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey Future Inc
New Jersey Future Inc (EIN: 222879323) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $3.1M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Future Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Future Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$308K |
| Total Assets | $4.1M |
| Total Liabilities | $93K |
| Net Assets | $4.0M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, New Jersey Future Inc reported a surplus of $308K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Future Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | +17.3% | +9.7% |
| 2022 | +56.4% | +17.4% | +34.8% |
| 2021 | +11.6% | +0.1% | +0.8% |
| 2020 | -27.2% | +9.6% | +9.3% |
| 2019 | +58.5% | +6.0% | +55.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Future Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New Jersey Future Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $308K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission. In 2022, total expenses were $2,348,582, with leadership salaries forming a modest portion of this, indicating responsible resource allocation.
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 Future Inc:
- Consistent revenue generation over several years, demonstrating stable donor support.
- Strong asset base relative to liabilities, indicating financial health.
- Clear mission focused on sustainable development in New Jersey.
Frequently Asked Questions about New Jersey Future Inc
Is New Jersey Future Inc a legitimate charity?
New Jersey Future Inc (EIN: 222879323) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does New Jersey Future Inc spend its money?
New Jersey Future Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New Jersey Future Inc tax-deductible?
New Jersey Future Inc is registered as a tax-exempt nonprofit (EIN: 222879323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Jersey Future Inc CEO make?
New Jersey Future Inc's highest-compensated officer earns $2,348,582, annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Jersey Future Inc's spending goes to programs?
New Jersey Future Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Jersey Future Inc located?
New Jersey Future Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222879323.
How many years of IRS 990 filings does New Jersey Future Inc have?
New Jersey Future Inc 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 $3.1M in total revenue.
What does New Jersey Future Inc do?
New Jersey Future 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 Future Inc have?
New Jersey Future Inc reported total revenue of $3,062,728. Based on 13 IRS 990 filings on record.
What are New Jersey Future Inc's total assets?
New Jersey Future Inc holds total assets of $4,171,352 as reported in IRS 990 filings.
Where is New Jersey Future Inc located?
New Jersey Future Inc is based in Trenton, New Jersey.
What is New Jersey Future Inc's EIN?
New Jersey Future Inc's Employer Identification Number (EIN) is 222879323. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Future Inc?
New Jersey Future Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Future Inc a registered 501(c)(3)?
New Jersey Future Inc appears in IRS records (EIN: 222879323). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Future Inc file IRS Form 990?
Yes, New Jersey Future Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Future Inc's revenue in 2023?
In the 202312 filing period, New Jersey Future Inc reported total revenue of $3,062,880, total expenses of $2,755,370, and net assets of $4,103,730.
Is New Jersey Future Inc's revenue growing or declining?
New Jersey Future Inc's revenue is declining. Revenue went from $3,405,666 (202212) to $3,062,880 (202312), a -10.1% change. Based on 13 filings on record.
What is New Jersey Future Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Future Inc covers tax period 202312. It shows revenue of $3,062,880, expenses of $2,755,370, total assets of $4,103,730, and liabilities of $93,083.
How much does New Jersey Future Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Future Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is New Jersey Future Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Future Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are New Jersey Future Inc's strengths?
Positive indicators for New Jersey Future Inc include: Consistent revenue generation over several years, demonstrating stable donor support.. Strong asset base relative to liabilities, indicating financial health.. Clear mission focused on sustainable development in New Jersey.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Future Inc compensate executives?
Executive compensation appears reasonable given the organization's size and mission. In 2022, total expenses were $2,348,582, with leadership salaries forming a modest portion of this, indicating responsible resource allocation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is New Jersey Future Inc?
• Financial statements are readily available on their website, demonstrating a commitment to public accountability. • The organization provides detailed annual reports outlining program achievements and strategic goals. • Board meeting minutes or summaries are not easily accessible, which could enhance transparency. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does New Jersey Future Inc measure the long-term impact of its policy advocacy on sustainable development outcomes in the state?
While annual reports detail activities and immediate outputs, a more explicit framework for measuring long-term policy impact, such as changes in land use patterns or environmental quality indicators attributable to their work, is not clearly articulated in publicly available documents.
What strategies does the organization employ to engage diverse communities across New Jersey in its planning and policy development processes?
The organization's materials highlight engagement with stakeholders and policymakers; however, specific strategies for reaching and incorporating feedback from a broad spectrum of New Jersey's diverse communities, beyond typical advocacy groups, are not extensively detailed.
Filing History
IRS 990 filing history for New Jersey Future Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Future Inc's revenue has grown by 265.6%, moving from $838K to $3.1M. Total assets increased by 679.5% over the same period, from $526K to $4.1M. Total functional expenses rose by 208.7%, from $892K to $2.8M. In its most recent filing year (2023), New Jersey Future Inc reported a surplus of $308K, with revenue exceeding expenses. The organization holds $93K in liabilities against $4.1M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.8M | $4.1M | $93K | — | View 990 |
| 2022 | $3.4M | $2.3M | $3.7M | $85K | — | View 990 |
| 2021 | $2.2M | $2.0M | $2.8M | $86K | — | View 990 |
| 2020 | $2.0M | $2.0M | $2.8M | $281K | — | View 990 |
| 2019 | $2.7M | $1.8M | $2.5M | $52K | — | View 990 |
| 2018 | $1.7M | $1.7M | $1.6M | $53K | — | View 990 |
| 2017 | $1.7M | $1.7M | $1.7M | $84K | — | View 990 |
| 2016 | $2.2M | $1.7M | $1.9M | $285K | — | View 990 |
| 2015 | $1.4M | $1.4M | $1.6M | $523K | — | View 990 |
| 2014 | $1.3M | $1.4M | $1.1M | $57K | — | View 990 |
| 2013 | $1.8M | $966K | $1.2M | $24K | — | View 990 |
| 2012 | $723K | $795K | $461K | $46K | — | View 990 |
| 2011 | $838K | $892K | $526K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.8M, and assets of $4.1M (revenue -10.1% year-over-year).
- 2022: Revenue of $3.4M, expenses of $2.3M, and assets of $3.7M (revenue +56.4% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.0M, and assets of $2.8M (revenue +11.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $2.8M (revenue -27.2% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.8M, and assets of $2.5M (revenue +58.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $1.6M (revenue -1.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue -23.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.7M, and assets of $1.9M (revenue +60.6% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue +10.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $1.1M (revenue -28.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $966K, and assets of $1.2M (revenue +142.1% year-over-year).
- 2012: Revenue of $723K, expenses of $795K, and assets of $461K (revenue -13.7% year-over-year).
- 2011: Revenue of $838K, expenses of $892K, and assets of $526K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Future Inc:
Data Sources and Methodology
This transparency report for New Jersey Future 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.