New Jersey State Policemens Benevolent Associaiton Inc
New Jersey State Policemen's Benevolent Association Inc: Declining Revenue and High Administrative Costs Raise Concerns
EIN: 222962285 · Wood Ridge, NJ · NTEE: Y42 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $187K |
| Program Spending | 50% |
| Net Assets | $164K |
| Transparency Score | 45/100 |
Is New Jersey State Policemens Benevolent Associaiton Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey State Policemens Benevolent Associaiton Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Jersey State Policemens Benevolent Associaiton Inc
New Jersey State Policemens Benevolent Associaiton Inc (EIN: 222962285) is a nonprofit organization based in Wood Ridge, NJ, classified under NTEE code Y42. The organization reported total revenue of $159K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Policemens Benevolent Associaiton Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey State Policemens Benevolent Associaiton Inc is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $187K |
| Surplus / Deficit | $-7,130 |
| Total Assets | $164K |
| Net Assets | $164K |
| Operating Margin | -4.0% |
| Months of Reserves | 10.5 months |
Financial Health Grade: B
In 2023, New Jersey State Policemens Benevolent Associaiton Inc reported a deficit of $7K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2014–2023), New Jersey State Policemens Benevolent Associaiton Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.5% | -4.5% | -4.2% |
| 2022 | -17.8% | +23.0% | -22.7% |
| 2021 | +34.9% | -11.1% | +8.7% |
| 2020 | -17.8% | +13.7% | +4.5% |
| 2016 | -21.2% | -0.4% | +74.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 State Policemens Benevolent Associaiton Inc with a Mission Score of 45 out of 100 (Fair). 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: 50%
- fundraising: 20%
According to IRS 990 filings, New Jersey State Policemens Benevolent Associaiton Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% 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 $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific figures for salaries or benefits are available in the filings.
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 State Policemens Benevolent Associaiton Inc's IRS 990 filings:
- Revenue has shown a declining trend in recent years, from $202,502 in 2014 to $179,664 in 2023, indicating potential sustainability issues.
- Expenses frequently exceed revenue, with $186,794 in expenses against $179,664 in revenue in 2023, leading to a net loss.
- The organization's assets have fluctuated significantly, from $111,694 in 2014 to $163,626 in 2023, without a clear growth trajectory.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Associaiton Inc:
- The organization has maintained consistent operations over a decade, as evidenced by regular financial filings.
Frequently Asked Questions about New Jersey State Policemens Benevolent Associaiton Inc
Is New Jersey State Policemens Benevolent Associaiton Inc a legitimate charity?
New Jersey State Policemens Benevolent Associaiton Inc (EIN: 222962285) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 6 years of IRS 990 filings on record. Total revenue: $159K. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does New Jersey State Policemens Benevolent Associaiton Inc spend its money?
New Jersey State Policemens Benevolent Associaiton Inc directs 50% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to New Jersey State Policemens Benevolent Associaiton Inc tax-deductible?
New Jersey State Policemens Benevolent Associaiton Inc is registered as a tax-exempt nonprofit (EIN: 222962285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey State Policemens Benevolent Associaiton Inc's spending goes to programs?
New Jersey State Policemens Benevolent Associaiton Inc directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does New Jersey State Policemens Benevolent Associaiton Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), New Jersey State Policemens Benevolent Associaiton Inc is near average for NTEE category Y42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Jersey State Policemens Benevolent Associaiton Inc located?
New Jersey State Policemens Benevolent Associaiton Inc is headquartered in Wood Ridge, New Jersey and files with the IRS under EIN 222962285. It is classified under NTEE code Y42.
How many years of IRS 990 filings does New Jersey State Policemens Benevolent Associaiton Inc have?
New Jersey State Policemens Benevolent Associaiton Inc has 6 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 $159K in total revenue.
What does New Jersey State Policemens Benevolent Associaiton Inc do?
New Jersey State Policemens Benevolent Associaiton Inc is a nonprofit organization in the Mutual & Membership Benefit sector, located in Wood Ridge, New Jersey. It is classified under NTEE code Y42.
How much revenue does New Jersey State Policemens Benevolent Associaiton Inc have?
New Jersey State Policemens Benevolent Associaiton Inc reported total revenue of $158,972. Based on 6 IRS 990 filings on record.
What are New Jersey State Policemens Benevolent Associaiton Inc's total assets?
New Jersey State Policemens Benevolent Associaiton Inc holds total assets of $152,701 as reported in IRS 990 filings.
Where is New Jersey State Policemens Benevolent Associaiton Inc located?
New Jersey State Policemens Benevolent Associaiton Inc is based in Wood Ridge, New Jersey.
What is New Jersey State Policemens Benevolent Associaiton Inc's EIN?
New Jersey State Policemens Benevolent Associaiton Inc's Employer Identification Number (EIN) is 222962285. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey State Policemens Benevolent Associaiton Inc?
New Jersey State Policemens Benevolent Associaiton Inc is classified under NTEE code Y42 (Mutual & Membership Benefit).
Is New Jersey State Policemens Benevolent Associaiton Inc a registered 501(c)(3)?
Yes, New Jersey State Policemens Benevolent Associaiton Inc is recognized as a tax-exempt organization by the IRS. EIN: 222962285.
Does New Jersey State Policemens Benevolent Associaiton Inc file IRS Form 990?
Yes, New Jersey State Policemens Benevolent Associaiton Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey State Policemens Benevolent Associaiton Inc's revenue in 2023?
In the 202312 filing period, New Jersey State Policemens Benevolent Associaiton Inc reported total revenue of $179,664, total expenses of $186,794, and net assets of $163,626.
Is New Jersey State Policemens Benevolent Associaiton Inc's revenue growing or declining?
New Jersey State Policemens Benevolent Associaiton Inc's revenue is growing. Revenue went from $145,447 (202212) to $179,664 (202312), a +23.5% change. Based on 6 filings on record.
What is New Jersey State Policemens Benevolent Associaiton Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey State Policemens Benevolent Associaiton Inc covers tax period 202312. It shows revenue of $179,664, expenses of $186,794, total assets of $163,626, and liabilities of N/A.
How much does New Jersey State Policemens Benevolent Associaiton Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey State Policemens Benevolent Associaiton Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey State Policemens Benevolent Associaiton Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey State Policemens Benevolent Associaiton Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for New Jersey State Policemens Benevolent Associaiton Inc?
The following concerns were identified: Revenue has shown a declining trend in recent years, from $202,502 in 2014 to $179,664 in 2023, indicating potential sustainability issues.. Expenses frequently exceed revenue, with $186,794 in expenses against $179,664 in revenue in 2023, leading to a net loss.. The organization's assets have fluctuated significantly, from $111,694 in 2014 to $163,626 in 2023, without a clear growth trajectory.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey State Policemens Benevolent Associaiton Inc's strengths?
Positive indicators for New Jersey State Policemens Benevolent Associaiton Inc include: The organization has maintained consistent operations over a decade, as evidenced by regular financial filings.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Policemens Benevolent Associaiton Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific figures for salaries or benefits are available in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent net losses in recent years (e.g., $186,794 expenses vs. $179,664 revenue in 2023), what strategies are in place to ensure long-term financial viability and prevent further erosion of assets?
The provided data does not detail specific strategies for addressing the recurring net losses or for improving financial sustainability. This would require further investigation into their operational plans and fundraising efforts.
Filing History
IRS 990 filing history for New Jersey State Policemens Benevolent Associaiton Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), New Jersey State Policemens Benevolent Associaiton Inc's revenue has declined by 11.3%, moving from $203K to $180K. Total assets increased by 46.5% over the same period, from $112K to $164K. Total functional expenses rose by 18.3%, from $158K to $187K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Associaiton Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $187K | $164K | $0 | — | — |
| 2022 | $145K | $196K | $171K | $0 | — | View 990 |
| 2021 | $177K | $159K | $221K | $0 | — | View 990 |
| 2020 | $131K | $179K | $203K | $0 | — | View 990 |
| 2016 | $160K | $157K | $194K | $0 | — | View 990 |
| 2014 | $203K | $158K | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $187K, and assets of $164K (revenue +23.5% year-over-year).
- 2022: Revenue of $145K, expenses of $196K, and assets of $171K (revenue -17.8% year-over-year).
- 2021: Revenue of $177K, expenses of $159K, and assets of $221K (revenue +34.9% year-over-year).
- 2020: Revenue of $131K, expenses of $179K, and assets of $203K (revenue -17.8% year-over-year).
- 2016: Revenue of $160K, expenses of $157K, and assets of $194K (revenue -21.2% year-over-year).
- 2014: Revenue of $203K, expenses of $158K, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey State Policemens Benevolent Associaiton Inc:
Data Sources and Methodology
This transparency report for New Jersey State Policemens Benevolent Associaiton 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.