New Jersey Self Insured Guaranty Association And Guaranty Fund
EIN: 223329794 · Middletown, NJ · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.5M |
| Net Assets | $-2,096,844 |
Is New Jersey Self Insured Guaranty Association And Guaranty Fund 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 Self Insured Guaranty Association And Guaranty Fund
New Jersey Self Insured Guaranty Association And Guaranty Fund (EIN: 223329794) is a nonprofit organization based in Middletown, NJ, classified under NTEE code S41. The organization reported total revenue of $2.9M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Self Insured Guaranty Association And Guaranty Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Self Insured Guaranty Association And Guaranty Fund is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$222K |
| Total Assets | $4.2M |
| Total Liabilities | $6.3M |
| Net Assets | $-2,096,844 |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 150.4% |
| Months of Reserves | 20.3 months |
Financial Health Grade: A
In 2023, New Jersey Self Insured Guaranty Association And Guaranty Fund reported a surplus of $222K with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 150.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Self Insured Guaranty Association And Guaranty Fund's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +116.3% | +12.8% |
| 2022 | -3.6% | -83.6% | +1.1% |
| 2021 | +6145.3% | +622.4% | +11.5% |
| 2020 | -82.8% | +55.8% | -9.4% |
| 2019 | +216.3% | +17.9% | -22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Jersey Self Insured Guaranty Association And Guaranty Fund 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 Self Insured Guaranty Association And Guaranty Fund 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 $222K, with revenue exceeding expenses.
- Debt-to-asset ratio: 150.4%.
Frequently Asked Questions about New Jersey Self Insured Guaranty Association And Guaranty Fund
Is New Jersey Self Insured Guaranty Association And Guaranty Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Self Insured Guaranty Association And Guaranty Fund (EIN: 223329794) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Jersey Self Insured Guaranty Association And Guaranty Fund spend its money?
Detailed spending breakdown data is not yet available for New Jersey Self Insured Guaranty Association And Guaranty Fund. Check back for updated IRS 990 analysis.
Are donations to New Jersey Self Insured Guaranty Association And Guaranty Fund tax-deductible?
New Jersey Self Insured Guaranty Association And Guaranty Fund is registered as a tax-exempt nonprofit (EIN: 223329794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Jersey Self Insured Guaranty Association And Guaranty Fund located?
New Jersey Self Insured Guaranty Association And Guaranty Fund is headquartered in Middletown, New Jersey and files with the IRS under EIN 223329794. It is classified under NTEE code S41.
How many years of IRS 990 filings does New Jersey Self Insured Guaranty Association And Guaranty Fund have?
New Jersey Self Insured Guaranty Association And Guaranty Fund 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for New Jersey Self Insured Guaranty Association And Guaranty Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Self Insured Guaranty Association And Guaranty Fund's revenue has grown by 221.8%, moving from $832K to $2.7M. Total assets increased by 38.4% over the same period, from $3.0M to $4.2M. Total functional expenses rose by 893.8%, from $247K to $2.5M. In its most recent filing year (2023), New Jersey Self Insured Guaranty Association And Guaranty Fund reported a surplus of $222K, with revenue exceeding expenses. The organization holds $6.3M in liabilities against $4.2M in assets (debt-to-asset ratio: 150.4%), resulting in net assets of $-2,096,844.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.5M | $4.2M | $6.3M | — | View 990 |
| 2022 | $2.3M | $1.1M | $3.7M | $6.0M | — | View 990 |
| 2021 | $2.3M | $6.9M | $3.6M | $7.1M | — | — |
| 2020 | $37K | $956K | $3.3M | $2.1M | — | — |
| 2019 | $218K | $614K | $3.6M | $1.6M | — | View 990 |
| 2018 | $69K | $521K | $4.7M | $2.2M | — | View 990 |
| 2017 | $2.1M | $1.9M | $6.2M | $3.3M | — | View 990 |
| 2016 | $12K | $2.7M | $5.0M | $2.3M | — | View 990 |
| 2015 | $1.3M | $505K | $5.7M | $358K | — | View 990 |
| 2014 | $1.2M | $452K | $5.1M | $605K | — | View 990 |
| 2013 | $1.4M | $326K | $4.5M | $698K | — | View 990 |
| 2012 | $979K | $846K | $3.6M | $801K | — | View 990 |
| 2011 | $832K | $247K | $3.0M | $384K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.5M, and assets of $4.2M (revenue +18.7% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.1M, and assets of $3.7M (revenue -3.6% year-over-year).
- 2021: Revenue of $2.3M, expenses of $6.9M, and assets of $3.6M (revenue +6145.3% year-over-year).
- 2020: Revenue of $37K, expenses of $956K, and assets of $3.3M (revenue -82.8% year-over-year).
- 2019: Revenue of $218K, expenses of $614K, and assets of $3.6M (revenue +216.3% year-over-year).
- 2018: Revenue of $69K, expenses of $521K, and assets of $4.7M (revenue -96.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.9M, and assets of $6.2M (revenue +17735.6% year-over-year).
- 2016: Revenue of $12K, expenses of $2.7M, and assets of $5.0M (revenue -99.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $505K, and assets of $5.7M (revenue +14.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $452K, and assets of $5.1M (revenue -17.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $326K, and assets of $4.5M (revenue +43.3% year-over-year).
- 2012: Revenue of $979K, expenses of $846K, and assets of $3.6M (revenue +17.7% year-over-year).
- 2011: Revenue of $832K, expenses of $247K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Self Insured Guaranty Association And Guaranty Fund:
Data Sources and Methodology
This transparency report for New Jersey Self Insured Guaranty Association And Guaranty Fund 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.