New Jersey Sea Grant Consortium
EIN: 237025812 · Fort Hancock, NJ
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $2.5M |
| Net Assets | $1.4M |
Is New Jersey Sea Grant Consortium 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 Sea Grant Consortium
New Jersey Sea Grant Consortium (EIN: 237025812) is a nonprofit organization based in Fort Hancock, NJ. The organization reported total revenue of $5.2M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Sea Grant Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Sea Grant Consortium is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$38K |
| Total Assets | $2.2M |
| Total Liabilities | $835K |
| Net Assets | $1.4M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 38.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2023, New Jersey Sea Grant Consortium reported a surplus of $38K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 38.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Sea Grant Consortium's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.3% | -27.2% | -2.0% |
| 2022 | +38.7% | +38.1% | +23.2% |
| 2021 | +18.4% | +6.7% | +19.5% |
| 2020 | -13.7% | -11.7% | -15.1% |
| 2019 | +18.0% | +11.3% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Jersey Sea Grant Consortium 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 Sea Grant Consortium 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 surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.0%.
Frequently Asked Questions about New Jersey Sea Grant Consortium
Is New Jersey Sea Grant Consortium a legitimate charity?
New Jersey Sea Grant Consortium (EIN: 237025812) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $5.2M. No red flags identified. Financial health grade: A.
How does New Jersey Sea Grant Consortium spend its money?
New Jersey Sea Grant Consortium reported $5.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Jersey Sea Grant Consortium tax-deductible?
New Jersey Sea Grant Consortium is registered as a tax-exempt nonprofit (EIN: 237025812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Jersey Sea Grant Consortium located?
New Jersey Sea Grant Consortium is headquartered in Fort Hancock, New Jersey and files with the IRS under EIN 237025812.
How many years of IRS 990 filings does New Jersey Sea Grant Consortium have?
New Jersey Sea Grant Consortium 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 $5.2M in total revenue.
Filing History
IRS 990 filing history for New Jersey Sea Grant Consortium showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Sea Grant Consortium's revenue has grown by 25.3%, moving from $2.0M to $2.5M. Total assets decreased by 10.7% over the same period, from $2.5M to $2.2M. Total functional expenses rose by 8%, from $2.3M to $2.5M. In its most recent filing year (2023), New Jersey Sea Grant Consortium reported a surplus of $38K, with revenue exceeding expenses. The organization holds $835K in liabilities against $2.2M in assets (debt-to-asset ratio: 38.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.5M | $2.2M | $835K | — | — |
| 2022 | $3.6M | $3.4M | $2.2M | $918K | — | View 990 |
| 2021 | $2.6M | $2.5M | $1.8M | $652K | — | — |
| 2020 | $2.2M | $2.3M | $1.5M | $457K | — | — |
| 2019 | $2.5M | $2.6M | $1.8M | $587K | — | View 990 |
| 2018 | $2.1M | $2.4M | $2.0M | $677K | — | View 990 |
| 2017 | $2.6M | $2.7M | $2.3M | $819K | — | View 990 |
| 2016 | $2.5M | $2.5M | $2.1M | $492K | — | View 990 |
| 2015 | $3.1M | $3.2M | $2.0M | $400K | — | View 990 |
| 2014 | $2.7M | $2.8M | $2.7M | $1.0M | — | View 990 |
| 2013 | $2.0M | $2.1M | $2.3M | $591K | — | View 990 |
| 2012 | $1.9M | $2.2M | $2.3M | $450K | — | View 990 |
| 2011 | $2.0M | $2.3M | $2.5M | $250K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.5M, and assets of $2.2M (revenue -29.3% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.4M, and assets of $2.2M (revenue +38.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $1.8M (revenue +18.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.3M, and assets of $1.5M (revenue -13.7% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.6M, and assets of $1.8M (revenue +18.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.4M, and assets of $2.0M (revenue -17.8% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.7M, and assets of $2.3M (revenue +4.7% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $2.1M (revenue -21.0% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.2M, and assets of $2.0M (revenue +16.1% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.8M, and assets of $2.7M (revenue +35.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.1M, and assets of $2.3M (revenue +7.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.2M, and assets of $2.3M (revenue -7.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.3M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Sea Grant Consortium:
Data Sources and Methodology
This transparency report for New Jersey Sea Grant Consortium 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.