New Jersey Personal Automobile Insurance Plan
New Jersey Personal Automobile Insurance Plan: Transparent Spending and Mission Alignment
EIN: 223182137 · Johnston, RI · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Program Spending | 55% |
| Net Assets | $-383,702 |
| Transparency Score | 85/100 |
Is New Jersey Personal Automobile Insurance Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Personal Automobile Insurance Plan directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Jersey Personal Automobile Insurance Plan
New Jersey Personal Automobile Insurance Plan (EIN: 223182137) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $1.2M and total assets of $525K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Personal Automobile Insurance Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Personal Automobile Insurance Plan is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-64,179 |
| Total Assets | $600K |
| Total Liabilities | $984K |
| Net Assets | $-383,702 |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 163.9% |
| Months of Reserves | 6.0 months |
Financial Health Grade: C
In 2023, New Jersey Personal Automobile Insurance Plan reported a deficit of $64K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 163.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Personal Automobile Insurance Plan's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +20.4% | -8.0% |
| 2022 | -1.9% | -3.3% | +104.4% |
| 2021 | -6.9% | +0.2% | -7.8% |
| 2020 | -0.8% | -3.6% | +6.7% |
| 2019 | +40.5% | +40.9% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Personal Automobile Insurance Plan 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: 25%
- programs: 55%
- fundraising: 20%
According to IRS 990 filings, New Jersey Personal Automobile Insurance Plan allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% 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 $64K, with expenses exceeding revenue.
- Debt-to-asset ratio: 163.9%.
Executive Compensation Analysis
Executive compensation remains stable, with no significant increases over the past five years.
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 Personal Automobile Insurance Plan's IRS 990 filings:
- No charitable contributions reported, which may indicate a focus on core operations.
Strengths
The following positive indicators were identified for New Jersey Personal Automobile Insurance Plan:
- Consistent program spending demonstrates a commitment to customer service.
Frequently Asked Questions about New Jersey Personal Automobile Insurance Plan
Is New Jersey Personal Automobile Insurance Plan a legitimate charity?
New Jersey Personal Automobile Insurance Plan (EIN: 223182137) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 1 strength noted. Financial health grade: C.
How does New Jersey Personal Automobile Insurance Plan spend its money?
New Jersey Personal Automobile Insurance Plan directs 55% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to New Jersey Personal Automobile Insurance Plan tax-deductible?
New Jersey Personal Automobile Insurance Plan is registered as a tax-exempt nonprofit (EIN: 223182137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Personal Automobile Insurance Plan's spending goes to programs?
New Jersey Personal Automobile Insurance Plan directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is New Jersey Personal Automobile Insurance Plan located?
New Jersey Personal Automobile Insurance Plan is headquartered in Johnston, Rhode Island and files with the IRS under EIN 223182137.
How many years of IRS 990 filings does New Jersey Personal Automobile Insurance Plan have?
New Jersey Personal Automobile Insurance Plan 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 $1.2M in total revenue.
What does New Jersey Personal Automobile Insurance Plan do?
New Jersey Personal Automobile Insurance Plan is a nonprofit organization in the Unknown sector, located in Johnston, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does New Jersey Personal Automobile Insurance Plan have?
New Jersey Personal Automobile Insurance Plan reported total revenue of $1,166,542. Based on 13 IRS 990 filings on record.
What are New Jersey Personal Automobile Insurance Plan's total assets?
New Jersey Personal Automobile Insurance Plan holds total assets of $524,509 as reported in IRS 990 filings.
Where is New Jersey Personal Automobile Insurance Plan located?
New Jersey Personal Automobile Insurance Plan is based in Johnston, Rhode Island.
What is New Jersey Personal Automobile Insurance Plan's EIN?
New Jersey Personal Automobile Insurance Plan's Employer Identification Number (EIN) is 223182137. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Personal Automobile Insurance Plan?
New Jersey Personal Automobile Insurance Plan is classified under NTEE code Unknown (Unknown).
Is New Jersey Personal Automobile Insurance Plan a registered 501(c)(3)?
New Jersey Personal Automobile Insurance Plan appears in IRS records (EIN: 223182137). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Personal Automobile Insurance Plan file IRS Form 990?
Yes, New Jersey Personal Automobile Insurance Plan has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Personal Automobile Insurance Plan's revenue in 2023?
In the 202312 filing period, New Jersey Personal Automobile Insurance Plan reported total revenue of $1,126,756, total expenses of $1,190,935, and net assets of $600,067.
Is New Jersey Personal Automobile Insurance Plan's revenue growing or declining?
New Jersey Personal Automobile Insurance Plan's revenue is relatively stable. Revenue went from $1,088,244 (202212) to $1,126,756 (202312), a +3.5% change. Based on 13 filings on record.
What is New Jersey Personal Automobile Insurance Plan's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Personal Automobile Insurance Plan covers tax period 202312. It shows revenue of $1,126,756, expenses of $1,190,935, total assets of $600,067, and liabilities of $983,769.
How much does New Jersey Personal Automobile Insurance Plan spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Personal Automobile Insurance Plan allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey Personal Automobile Insurance Plan a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Personal Automobile Insurance Plan appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for New Jersey Personal Automobile Insurance Plan?
The following concerns were identified: No charitable contributions reported, which may indicate a focus on core operations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Personal Automobile Insurance Plan's strengths?
Positive indicators for New Jersey Personal Automobile Insurance Plan include: Consistent program spending demonstrates a commitment to customer service.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Personal Automobile Insurance Plan compensate executives?
Executive compensation remains stable, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure transparency in its spending?
The organization provides detailed annual reports that clearly outline spending on programs, administration, and fundraising. This transparency allows stakeholders to understand how funds are being used.
What is the trend in executive compensation over the past five years?
Executive compensation has remained stable, with no significant increases, indicating a focus on maintaining consistent leadership costs.
Why are there no reported charitable contributions?
The organization prioritizes reinvesting funds into core operations, such as customer service and claims processing, rather than making charitable contributions.
Filing History
IRS 990 filing history for New Jersey Personal Automobile Insurance Plan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Personal Automobile Insurance Plan's revenue has grown by 0.8%, moving from $1.1M to $1.1M. Total assets increased by 112.5% over the same period, from $282K to $600K. Total functional expenses rose by 4.5%, from $1.1M to $1.2M. In its most recent filing year (2023), New Jersey Personal Automobile Insurance Plan reported a deficit of $64K, with expenses exceeding revenue. The organization holds $984K in liabilities against $600K in assets (debt-to-asset ratio: 163.9%), resulting in net assets of $-383,702.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $600K | $984K | — | — |
| 2022 | $1.1M | $989K | $652K | $994K | — | View 990 |
| 2021 | $1.1M | $1.0M | $319K | $691K | — | View 990 |
| 2020 | $1.2M | $1.0M | $346K | $975K | — | — |
| 2019 | $1.2M | $1.1M | $325K | $952K | — | — |
| 2018 | $854K | $752K | $289K | $608K | — | View 990 |
| 2017 | $884K | $778K | $242K | $608K | — | — |
| 2016 | $979K | $873K | $240K | $576K | — | View 990 |
| 2015 | $1.1M | $940K | $376K | $618K | — | View 990 |
| 2014 | $1.1M | $1.0M | $275K | $769K | — | View 990 |
| 2013 | $1.2M | $1.2M | $299K | $409K | — | View 990 |
| 2012 | $1.2M | $1.2M | $313K | $931K | — | View 990 |
| 2011 | $1.1M | $1.1M | $282K | $748K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $600K (revenue +3.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $989K, and assets of $652K (revenue -1.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $319K (revenue -6.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $346K (revenue -0.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $325K (revenue +40.5% year-over-year).
- 2018: Revenue of $854K, expenses of $752K, and assets of $289K (revenue -3.4% year-over-year).
- 2017: Revenue of $884K, expenses of $778K, and assets of $242K (revenue -9.7% year-over-year).
- 2016: Revenue of $979K, expenses of $873K, and assets of $240K (revenue -12.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $940K, and assets of $376K (revenue -2.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $275K (revenue -5.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $299K (revenue +0.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $313K (revenue +8.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Personal Automobile Insurance Plan:
Data Sources and Methodology
This transparency report for New Jersey Personal Automobile Insurance Plan 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.