New Jersey School Of Dramatic Arts Inc
New Jersey School Of Dramatic Arts Inc. shows improving financial stability with consistent revenue and no reported officer compensation.
EIN: 201241166 · Montclair, NJ · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $195K |
| Program Spending | 85% |
| Net Assets | $29K |
| Transparency Score | 80/100 |
Is New Jersey School Of Dramatic Arts 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 School Of Dramatic Arts Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey School Of Dramatic Arts Inc
New Jersey School Of Dramatic Arts Inc (EIN: 201241166) is a nonprofit organization based in Montclair, NJ, classified under NTEE code B25. The organization reported total revenue of $217K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey School Of Dramatic Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey School Of Dramatic Arts Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $195K |
| Surplus / Deficit | +$30K |
| Total Assets | $52K |
| Total Liabilities | $23K |
| Net Assets | $29K |
| Operating Margin | 13.5% |
| Debt-to-Asset Ratio | 43.5% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, New Jersey School Of Dramatic Arts Inc reported a surplus of $30K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 43.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey School Of Dramatic Arts Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | +35.9% | +137.9% |
| 2022 | +20.4% | -8.8% | +127.3% |
| 2021 | +17.5% | -2.6% | -47.5% |
| 2020 | -54.3% | -29.7% | -3.4% |
| 2019 | +19.1% | -1.7% | +64.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 School Of Dramatic Arts Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Jersey School Of Dramatic Arts Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through means not classified as officer compensation on the 990, which contributes to lower overhead for an organization of its size.
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 School Of Dramatic Arts Inc's IRS 990 filings:
- Modest asset base relative to annual revenue, indicating limited financial reserves.
Strengths
The following positive indicators were identified for New Jersey School Of Dramatic Arts Inc:
- Consistent operational surpluses in recent years (e.g., $30,440 surplus in 2023).
- Growing asset base, indicating improving financial health.
- No reported officer compensation, potentially leading to lower administrative costs.
- Consistent IRS 990 filing history, demonstrating good transparency.
Frequently Asked Questions about New Jersey School Of Dramatic Arts Inc
Is New Jersey School Of Dramatic Arts Inc a legitimate charity?
New Jersey School Of Dramatic Arts Inc (EIN: 201241166) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $217K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Jersey School Of Dramatic Arts Inc spend its money?
New Jersey School Of Dramatic Arts Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Jersey School Of Dramatic Arts Inc tax-deductible?
New Jersey School Of Dramatic Arts Inc is registered as a tax-exempt nonprofit (EIN: 201241166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey School Of Dramatic Arts Inc's spending goes to programs?
New Jersey School Of Dramatic Arts Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Jersey School Of Dramatic Arts Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), New Jersey School Of Dramatic Arts Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Jersey School Of Dramatic Arts Inc located?
New Jersey School Of Dramatic Arts Inc is headquartered in Montclair, New Jersey and files with the IRS under EIN 201241166. It is classified under NTEE code B25.
How many years of IRS 990 filings does New Jersey School Of Dramatic Arts Inc have?
New Jersey School Of Dramatic Arts 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 $217K in total revenue.
Is New Jersey School Of Dramatic Arts Inc. financially stable?
The organization has shown improving financial stability, with assets growing from $9,615 in 2021 to $51,994 in 2023, and revenues consistently exceeding expenses in recent years (e.g., $224,942 revenue vs. $194,502 expenses in 2023).
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that executive leadership is either volunteer or compensated through other means not reported as officer compensation on the 990.
What is the trend in the organization's assets?
Assets have shown a positive trend in recent years, increasing from $9,615 in 2021 to $51,994 in 2023, and further to $75,596 in the latest available data, suggesting a strengthening balance sheet.
Does the organization spend efficiently on its programs?
Given the consistent operational surpluses and the absence of reported officer compensation, it is likely that a significant portion of expenses are directed towards program delivery, indicating good spending efficiency.
Filing History
IRS 990 filing history for New Jersey School Of Dramatic Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey School Of Dramatic Arts Inc's revenue has declined by 21.8%, moving from $288K to $225K. Total assets increased by 96.9% over the same period, from $26K to $52K. Total functional expenses fell by 32.8%, from $289K to $195K. In its most recent filing year (2023), New Jersey School Of Dramatic Arts Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $23K in liabilities against $52K in assets (debt-to-asset ratio: 43.5%), resulting in net assets of $29K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $225K | $195K | $52K | $23K | — | — |
| 2022 | $179K | $143K | $22K | $23K | — | — |
| 2021 | $149K | $157K | $10K | $47K | — | View 990 |
| 2020 | $127K | $161K | $18K | $47K | — | — |
| 2019 | $277K | $229K | $19K | $14K | — | View 990 |
| 2018 | $233K | $233K | $12K | $54K | — | View 990 |
| 2017 | $218K | $214K | $8K | $50K | — | View 990 |
| 2016 | $259K | $272K | $10K | $56K | — | View 990 |
| 2015 | $278K | $288K | $18K | $50K | — | View 990 |
| 2014 | $262K | $276K | $21K | $44K | — | View 990 |
| 2013 | $296K | $297K | $21K | $29K | — | View 990 |
| 2012 | $287K | $291K | $21K | $28K | — | View 990 |
| 2011 | $288K | $289K | $26K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $225K, expenses of $195K, and assets of $52K (revenue +25.5% year-over-year).
- 2022: Revenue of $179K, expenses of $143K, and assets of $22K (revenue +20.4% year-over-year).
- 2021: Revenue of $149K, expenses of $157K, and assets of $10K (revenue +17.5% year-over-year).
- 2020: Revenue of $127K, expenses of $161K, and assets of $18K (revenue -54.3% year-over-year).
- 2019: Revenue of $277K, expenses of $229K, and assets of $19K (revenue +19.1% year-over-year).
- 2018: Revenue of $233K, expenses of $233K, and assets of $12K (revenue +6.8% year-over-year).
- 2017: Revenue of $218K, expenses of $214K, and assets of $8K (revenue -15.9% year-over-year).
- 2016: Revenue of $259K, expenses of $272K, and assets of $10K (revenue -6.9% year-over-year).
- 2015: Revenue of $278K, expenses of $288K, and assets of $18K (revenue +6.1% year-over-year).
- 2014: Revenue of $262K, expenses of $276K, and assets of $21K (revenue -11.6% year-over-year).
- 2013: Revenue of $296K, expenses of $297K, and assets of $21K (revenue +3.1% year-over-year).
- 2012: Revenue of $287K, expenses of $291K, and assets of $21K (revenue -0.1% year-over-year).
- 2011: Revenue of $288K, expenses of $289K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey School Of Dramatic Arts Inc:
Data Sources and Methodology
This transparency report for New Jersey School Of Dramatic Arts 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.