New Jersey Natural Gas Company Non Represented Employees Veba
EIN: 223372313 · Wall, NJ
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.8M |
| Net Assets | $6.6M |
Is New Jersey Natural Gas Company Non Represented Employees Veba 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 Natural Gas Company Non Represented Employees Veba
New Jersey Natural Gas Company Non Represented Employees Veba (EIN: 223372313) is a nonprofit organization based in Wall, NJ. The organization reported total revenue of $2.7M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Natural Gas Company Non Represented Employees Veba's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Natural Gas Company Non Represented Employees Veba is a mid-size nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-1,290,956 |
| Total Assets | $6.6M |
| Net Assets | $6.6M |
| Operating Margin | -256.2% |
| Months of Reserves | 44.2 months |
Financial Health Grade: B
In 2023, New Jersey Natural Gas Company Non Represented Employees Veba reported a deficit of $1.3M with expenses exceeding revenue, holds 44.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), New Jersey Natural Gas Company Non Represented Employees Veba's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.0% | -2.1% | -9.9% |
| 2022 | -35.7% | -36.0% | +9.6% |
| 2021 | +2478.7% | +89.4% | +464.5% |
| 2019 | -38.2% | -16.7% | -55.9% |
| 2018 | -80.2% | +7.4% | -36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Jersey Natural Gas Company Non Represented Employees Veba 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 Natural Gas Company Non Represented Employees Veba 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
Frequently Asked Questions about New Jersey Natural Gas Company Non Represented Employees Veba
Is New Jersey Natural Gas Company Non Represented Employees Veba a legitimate charity?
New Jersey Natural Gas Company Non Represented Employees Veba (EIN: 223372313) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. Financial health grade: B.
How does New Jersey Natural Gas Company Non Represented Employees Veba spend its money?
New Jersey Natural Gas Company Non Represented Employees Veba reported $2.7M 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 Natural Gas Company Non Represented Employees Veba tax-deductible?
New Jersey Natural Gas Company Non Represented Employees Veba is registered as a tax-exempt nonprofit (EIN: 223372313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Jersey Natural Gas Company Non Represented Employees Veba located?
New Jersey Natural Gas Company Non Represented Employees Veba is headquartered in Wall, New Jersey and files with the IRS under EIN 223372313.
How many years of IRS 990 filings does New Jersey Natural Gas Company Non Represented Employees Veba have?
New Jersey Natural Gas Company Non Represented Employees Veba 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 $2.7M in total revenue.
Filing History
IRS 990 filing history for New Jersey Natural Gas Company Non Represented Employees Veba showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New Jersey Natural Gas Company Non Represented Employees Veba's revenue has declined by 7.1%, moving from $542K to $504K. Total assets increased by 87141.9% over the same period, from $8K to $6.6M. Total functional expenses rose by 232.6%, from $540K to $1.8M. In its most recent filing year (2023), New Jersey Natural Gas Company Non Represented Employees Veba reported a deficit of $1.3M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $504K | $1.8M | $6.6M | $0 | — | View 990 |
| 2022 | $3.9M | $1.8M | $7.3M | $0 | — | — |
| 2021 | $6.0M | $2.9M | $6.7M | $0 | — | View 990 |
| 2019 | $234K | $1.5M | $1.2M | $0 | — | View 990 |
| 2018 | $379K | $1.8M | $2.7M | $0 | — | View 990 |
| 2017 | $1.9M | $1.7M | $4.2M | $0 | — | View 990 |
| 2016 | $1.9M | $1.6M | $3.7M | $0 | — | View 990 |
| 2015 | $4.2M | $1.1M | $3.3M | $0 | — | View 990 |
| 2014 | $1.2M | $909K | $262K | $0 | — | View 990 |
| 2013 | $1.3M | $1.3M | $9K | $0 | — | View 990 |
| 2012 | $819K | $817K | $9K | $0 | — | View 990 |
| 2011 | $542K | $540K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $504K, expenses of $1.8M, and assets of $6.6M (revenue -87.0% year-over-year).
- 2022: Revenue of $3.9M, expenses of $1.8M, and assets of $7.3M (revenue -35.7% year-over-year).
- 2021: Revenue of $6.0M, expenses of $2.9M, and assets of $6.7M (revenue +2478.7% year-over-year).
- 2019: Revenue of $234K, expenses of $1.5M, and assets of $1.2M (revenue -38.2% year-over-year).
- 2018: Revenue of $379K, expenses of $1.8M, and assets of $2.7M (revenue -80.2% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $4.2M (revenue +2.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.6M, and assets of $3.7M (revenue -55.7% year-over-year).
- 2015: Revenue of $4.2M, expenses of $1.1M, and assets of $3.3M (revenue +262.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $909K, and assets of $262K (revenue -13.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $9K (revenue +63.3% year-over-year).
- 2012: Revenue of $819K, expenses of $817K, and assets of $9K (revenue +50.9% year-over-year).
- 2011: Revenue of $542K, expenses of $540K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Natural Gas Company Non Represented Employees Veba:
Data Sources and Methodology
This transparency report for New Jersey Natural Gas Company Non Represented Employees Veba 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.