New Jersey Restaurant Association Inc
New Jersey Restaurant Association Inc: Stable Revenue, High Administrative Costs
EIN: 221153767 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $808K |
| Total Expenses | $900K |
| Program Spending | 60% |
| Net Assets | $572K |
| Transparency Score | 65/100 |
Is New Jersey Restaurant Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Restaurant Association Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Jersey Restaurant Association Inc
New Jersey Restaurant Association Inc (EIN: 221153767) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $808K and total assets of $827K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Restaurant Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Restaurant Association Inc is a small nonprofit that has been operating for 77 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $826K |
| Total Expenses | $900K |
| Surplus / Deficit | $-74,079 |
| Total Assets | $742K |
| Total Liabilities | $169K |
| Net Assets | $572K |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 22.8% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, New Jersey Restaurant Association Inc reported a deficit of $74K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 22.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), New Jersey Restaurant Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.7% | -11.9% | -9.2% |
| 2022 | +13.4% | +21.7% | -6.9% |
| 2020 | -7.5% | -15.2% | +19.4% |
| 2019 | -6.4% | -0.7% | -20.0% |
| 2018 | -2.7% | +5.9% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
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 Restaurant Association Inc 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, New Jersey Restaurant Association Inc allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% 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 $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data.
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 Restaurant Association Inc's IRS 990 filings:
- Administrative expenses appear to be a significant portion of total expenses, potentially impacting program efficiency.
- The organization consistently operates at a deficit, with expenses exceeding revenue in most reported years (e.g., 2023 expenses $899,948 vs. revenue $825,869; 2022 expenses $1,021,802 vs. revenue $894,367).
Strengths
The following positive indicators were identified for New Jersey Restaurant Association Inc:
- Consistent revenue generation over several years, indicating a stable funding base.
- Maintains a healthy asset base relative to liabilities, suggesting financial stability (e.g., 2023 assets $741,555 vs. liabilities $169,177).
Frequently Asked Questions about New Jersey Restaurant Association Inc
Is New Jersey Restaurant Association Inc a legitimate charity?
New Jersey Restaurant Association Inc (EIN: 221153767) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $808K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does New Jersey Restaurant Association Inc spend its money?
New Jersey Restaurant Association Inc directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to New Jersey Restaurant Association Inc tax-deductible?
New Jersey Restaurant Association Inc is registered as a tax-exempt nonprofit (EIN: 221153767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Restaurant Association Inc's spending goes to programs?
New Jersey Restaurant Association Inc directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is New Jersey Restaurant Association Inc located?
New Jersey Restaurant Association Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 221153767.
How many years of IRS 990 filings does New Jersey Restaurant Association Inc have?
New Jersey Restaurant Association Inc 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 $808K in total revenue.
What does New Jersey Restaurant Association Inc do?
New Jersey Restaurant Association 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 Restaurant Association Inc have?
New Jersey Restaurant Association Inc reported total revenue of $808,280. Based on 12 IRS 990 filings on record.
What are New Jersey Restaurant Association Inc's total assets?
New Jersey Restaurant Association Inc holds total assets of $826,821 as reported in IRS 990 filings.
Where is New Jersey Restaurant Association Inc located?
New Jersey Restaurant Association Inc is based in Trenton, New Jersey.
What is New Jersey Restaurant Association Inc's EIN?
New Jersey Restaurant Association Inc's Employer Identification Number (EIN) is 221153767. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey Restaurant Association Inc?
New Jersey Restaurant Association Inc is classified under NTEE code Unknown (Unknown).
Is New Jersey Restaurant Association Inc a registered 501(c)(3)?
New Jersey Restaurant Association Inc appears in IRS records (EIN: 221153767). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Jersey Restaurant Association Inc file IRS Form 990?
Yes, New Jersey Restaurant Association Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey Restaurant Association Inc's revenue in 2023?
In the 202312 filing period, New Jersey Restaurant Association Inc reported total revenue of $825,869, total expenses of $899,948, and net assets of $741,555.
Is New Jersey Restaurant Association Inc's revenue growing or declining?
New Jersey Restaurant Association Inc's revenue is declining. Revenue went from $894,367 (202212) to $825,869 (202312), a -7.7% change. Based on 12 filings on record.
What is New Jersey Restaurant Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey Restaurant Association Inc covers tax period 202312. It shows revenue of $825,869, expenses of $899,948, total assets of $741,555, and liabilities of $169,177.
How much does New Jersey Restaurant Association Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey Restaurant Association Inc allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey Restaurant Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey Restaurant Association Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for New Jersey Restaurant Association Inc?
The following concerns were identified: Administrative expenses appear to be a significant portion of total expenses, potentially impacting program efficiency.. The organization consistently operates at a deficit, with expenses exceeding revenue in most reported years (e.g., 2023 expenses $899,948 vs. revenue $825,869; 2022 expenses $1,021,802 vs. revenue $894,367).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey Restaurant Association Inc's strengths?
Positive indicators for New Jersey Restaurant Association Inc include: Consistent revenue generation over several years, indicating a stable funding base.. Maintains a healthy asset base relative to liabilities, suggesting financial stability (e.g., 2023 assets $741,555 vs. liabilities $169,177).. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey Restaurant Association Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operational deficits, how does the organization plan to achieve long-term financial sustainability without depleting its asset base?
The consistent deficits suggest a reliance on existing assets or other undisclosed funding sources to cover operational gaps. A detailed financial strategy addressing these deficits would be crucial for long-term sustainability.
Filing History
IRS 990 filing history for New Jersey Restaurant Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New Jersey Restaurant Association Inc's revenue has grown by 9.3%, moving from $755K to $826K. Total assets decreased by 12.8% over the same period, from $850K to $742K. Total functional expenses rose by 11.6%, from $806K to $900K. In its most recent filing year (2023), New Jersey Restaurant Association Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $169K in liabilities against $742K in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $572K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $826K | $900K | $742K | $169K | — | — |
| 2022 | $894K | $1.0M | $817K | $170K | — | View 990 |
| 2020 | $789K | $840K | $877K | $229K | — | View 990 |
| 2019 | $853K | $991K | $735K | $35K | — | — |
| 2018 | $911K | $997K | $919K | $81K | — | View 990 |
| 2017 | $936K | $942K | $945K | $21K | — | View 990 |
| 2016 | $930K | $903K | $998K | $69K | — | View 990 |
| 2015 | $792K | $833K | $957K | $55K | — | View 990 |
| 2014 | $1.1M | $1.0M | $980K | $36K | — | View 990 |
| 2013 | $909K | $857K | $945K | $78K | — | View 990 |
| 2012 | $688K | $598K | $856K | $41K | — | View 990 |
| 2011 | $755K | $806K | $850K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $826K, expenses of $900K, and assets of $742K (revenue -7.7% year-over-year).
- 2022: Revenue of $894K, expenses of $1.0M, and assets of $817K (revenue +13.4% year-over-year).
- 2020: Revenue of $789K, expenses of $840K, and assets of $877K (revenue -7.5% year-over-year).
- 2019: Revenue of $853K, expenses of $991K, and assets of $735K (revenue -6.4% year-over-year).
- 2018: Revenue of $911K, expenses of $997K, and assets of $919K (revenue -2.7% year-over-year).
- 2017: Revenue of $936K, expenses of $942K, and assets of $945K (revenue +0.6% year-over-year).
- 2016: Revenue of $930K, expenses of $903K, and assets of $998K (revenue +17.5% year-over-year).
- 2015: Revenue of $792K, expenses of $833K, and assets of $957K (revenue -26.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $980K (revenue +18.7% year-over-year).
- 2013: Revenue of $909K, expenses of $857K, and assets of $945K (revenue +32.1% year-over-year).
- 2012: Revenue of $688K, expenses of $598K, and assets of $856K (revenue -8.9% year-over-year).
- 2011: Revenue of $755K, expenses of $806K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Restaurant Association Inc:
Data Sources and Methodology
This transparency report for New Jersey Restaurant Association 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.