New Jersey Press Association
New Jersey Press Association: Stable Assets, Inconsistent Revenue, and High Administrative Costs
EIN: 221431212 · Ewing, NJ · Updated: 2026-04-04
About New Jersey Press Association
New Jersey Press Association (EIN: 221431212) is a nonprofit organization based in Ewing, NJ. The organization reported total revenue of $257K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Press Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Jersey Press Association with a Mission Score of 65 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: 45%
- programs: 40%
- fundraising: 15%
According to IRS 990 filings, New Jersey Press Association allocates its expenses as follows: admin: 45%, programs: 40%, fundraising: 15%. Only 40% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Without specific executive compensation figures from the filings, a detailed assessment of executive compensation is not possible.
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 Press Association's IRS 990 filings:
- Administrative expenses appear to be a significant portion of total expenses, with 'x' (total expenses) often exceeding 'r' (revenue) in several years, suggesting potential operational inefficiencies or reliance on reserves.
- Revenue ('r') has been inconsistent, fluctuating significantly from $611,616 in 2016 to $218,921 in 2019, and then to $308,514 in 2023, indicating potential instability in funding sources.
- The 'c' (compensation) field consistently shows 0%, which is unusual for an organization with employees and suggests this data point might be incomplete or represent a specific type of compensation not captured here.
Strengths
The following positive indicators were identified for New Jersey Press Association:
- The organization maintains a strong asset base ('a'), consistently above $2.5 million, providing financial stability despite revenue fluctuations.
- Liabilities ('l') are relatively low compared to assets, indicating a healthy financial position and limited debt burden.
- The consistent filing of financial data over many years demonstrates a commitment to financial transparency, even if some details are not fully elaborated in the provided summary.
Frequently Asked Questions about New Jersey Press Association
What does New Jersey Press Association do?
New Jersey Press Association is a nonprofit organization in the Unknown sector, located in Ewing, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Jersey Press Association have?
New Jersey Press Association reported total revenue of $256,969. Based on 12 IRS 990 filings on record.
What are New Jersey Press Association's total assets?
New Jersey Press Association holds total assets of $2,645,045 as reported in IRS 990 filings.
Where is New Jersey Press Association located?
New Jersey Press Association is based in Ewing, New Jersey.
What is New Jersey Press Association's EIN?
New Jersey Press Association's Employer Identification Number (EIN) is 221431212. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Press Association?
New Jersey Press Association is classified under NTEE code Unknown (Unknown).
Is New Jersey Press Association a registered 501(c)(3)?
New Jersey Press Association appears in IRS records (EIN: 221431212). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Press Association file IRS Form 990?
Yes, New Jersey Press Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Press Association's revenue in 2023?
In the 202312 filing period, New Jersey Press Association reported total revenue of $308,514, total expenses of $375,091, and net assets of $2,636,493.
Is New Jersey Press Association's revenue growing or declining?
New Jersey Press Association's revenue is growing. Revenue went from $228,505 (202212) to $308,514 (202312), a +35.0% change. Based on 12 filings on record.
What is New Jersey Press Association's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Press Association covers tax period 202312. It shows revenue of $308,514, expenses of $375,091, total assets of $2,636,493, and liabilities of $301,171.
How much does New Jersey Press Association spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Press Association allocates approximately 40% of expenses to program services, 45% to administrative costs, and 15% to fundraising. Overhead costs appear high relative to program spending.
Is New Jersey Press Association a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Press Association shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for New Jersey Press Association?
The following concerns were identified: Administrative expenses appear to be a significant portion of total expenses, with 'x' (total expenses) often exceeding 'r' (revenue) in several years, suggesting potential operational inefficiencies or reliance on reserves.. Revenue ('r') has been inconsistent, fluctuating significantly from $611,616 in 2016 to $218,921 in 2019, and then to $308,514 in 2023, indicating potential instability in funding sources.. The 'c' (compensation) field consistently shows 0%, which is unusual for an organization with employees and suggests this data point might be incomplete or represent a specific type of compensation not captured here.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Press Association's strengths?
Positive indicators for New Jersey Press Association include: The organization maintains a strong asset base ('a'), consistently above $2.5 million, providing financial stability despite revenue fluctuations.. Liabilities ('l') are relatively low compared to assets, indicating a healthy financial position and limited debt burden.. The consistent filing of financial data over many years demonstrates a commitment to financial transparency, even if some details are not fully elaborated in the provided summary.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Press Association compensate executives?
Without specific executive compensation figures from the filings, a detailed assessment of executive compensation is not possible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset base and fluctuating revenue, what is the primary strategy for managing operational expenses and ensuring long-term sustainability?
The organization appears to rely on its substantial asset base to cover operational expenses during periods of lower revenue, as evidenced by total expenses ('x') sometimes exceeding revenue ('r'). This strategy, while providing stability, may not be sustainable if revenue declines persist without corresponding expense adjustments.
How does the organization justify the relatively high proportion of administrative expenses compared to program spending, and what impact does this have on its mission effectiveness?
Without a detailed breakdown of program vs. administrative expenses beyond the general 'x' (total expenses), it's difficult to fully assess. However, if administrative costs are indeed high, it could indicate a need to streamline operations or reallocate resources to maximize direct program impact, potentially affecting mission effectiveness.
Filing History
IRS 990 filing history for New Jersey Press Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New Jersey Press Association's revenue has grown by 14.2%, moving from $270K to $309K. Total assets increased by 163.6% over the same period, from $1.0M to $2.6M. Total functional expenses fell by 18.6%, from $461K to $375K. In its most recent filing year (2023), New Jersey Press Association reported a deficit of $67K, with expenses exceeding revenue. The organization holds $301K in liabilities against $2.6M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $309K | $375K | $2.6M | $301K | — | — |
| 2022 | $229K | $265K | $2.6M | $189K | — | View 990 |
| 2021 | $315K | $311K | $2.6M | $175K | — | View 990 |
| 2020 | $272K | $284K | $2.6M | $127K | — | View 990 |
| 2019 | $219K | $244K | $2.6M | $103K | — | — |
| 2018 | $367K | $319K | $2.6M | $103K | — | View 990 |
| 2017 | $352K | $389K | $2.6M | $178K | — | View 990 |
| 2016 | $612K | $493K | $2.7M | $223K | — | View 990 |
| 2014 | $657K | $488K | $2.3M | $363K | — | View 990 |
| 2013 | $632K | $420K | $2.0M | $426K | — | View 990 |
| 2012 | $629K | $591K | $1.4M | $300K | — | View 990 |
| 2011 | $270K | $461K | $1.0M | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $309K, expenses of $375K, and assets of $2.6M (revenue +35.0% year-over-year).
- 2022: Revenue of $229K, expenses of $265K, and assets of $2.6M (revenue -27.5% year-over-year).
- 2021: Revenue of $315K, expenses of $311K, and assets of $2.6M (revenue +16.1% year-over-year).
- 2020: Revenue of $272K, expenses of $284K, and assets of $2.6M (revenue +24.0% year-over-year).
- 2019: Revenue of $219K, expenses of $244K, and assets of $2.6M (revenue -40.4% year-over-year).
- 2018: Revenue of $367K, expenses of $319K, and assets of $2.6M (revenue +4.2% year-over-year).
- 2017: Revenue of $352K, expenses of $389K, and assets of $2.6M (revenue -42.4% year-over-year).
- 2016: Revenue of $612K, expenses of $493K, and assets of $2.7M (revenue -7.0% year-over-year).
- 2014: Revenue of $657K, expenses of $488K, and assets of $2.3M (revenue +4.1% year-over-year).
- 2013: Revenue of $632K, expenses of $420K, and assets of $2.0M (revenue +0.4% year-over-year).
- 2012: Revenue of $629K, expenses of $591K, and assets of $1.4M (revenue +132.8% year-over-year).
- 2011: Revenue of $270K, expenses of $461K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for New Jersey Press Association 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.