New Jersey State Policemens Benevolent Association
New Jersey State Policemen's Benevolent Association: Declining Revenue, High Administrative Costs
EIN: 222491835 · S Hackensack, NJ · NTEE: Y42 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $443K |
| Total Expenses | $354K |
| Program Spending | 60% |
| Net Assets | $75K |
| Transparency Score | 65/100 |
Is New Jersey State Policemens Benevolent Association Legit?
Some 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 Association directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Jersey State Policemens Benevolent Association
New Jersey State Policemens Benevolent Association (EIN: 222491835) is a nonprofit organization based in S Hackensack, NJ, classified under NTEE code Y42. The organization reported total revenue of $443K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Policemens Benevolent Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey State Policemens Benevolent Association is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $354K |
| Surplus / Deficit | $-189,621 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -115.5% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, New Jersey State Policemens Benevolent Association reported a deficit of $190K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2012–2023), New Jersey State Policemens Benevolent Association's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.5% | +40.8% | -75.2% |
| 2021 | -37.3% | -30.7% | +8.0% |
| 2019 | -10.4% | -1.3% | -14.1% |
| 2018 | -3.1% | +35.4% | -4.0% |
| 2017 | +37.1% | -9.0% | +38.5% |
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 Association 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: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. 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 $190K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives are 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 State Policemens Benevolent Association's IRS 990 filings:
- Significant decline in revenue over the past several years, from $365,354 in 2017 to $164,122 in 2023.
- Assets have decreased substantially from $337,662 in 2017 to $74,627 in 2023, indicating potential financial instability.
- High administrative expenses relative to total expenses, suggesting inefficiency in operations.
- Lack of detailed program spending information makes it difficult to verify the impact of funds.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association:
- Long-standing organization with a clear mission to support policemen in New Jersey.
Frequently Asked Questions about New Jersey State Policemens Benevolent Association
Is New Jersey State Policemens Benevolent Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Policemens Benevolent Association (EIN: 222491835) some concerns. Mission Score: 65/100. 4 red flags identified, 1 strength noted.
How does New Jersey State Policemens Benevolent Association spend its money?
New Jersey State Policemens Benevolent Association directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey State Policemens Benevolent Association tax-deductible?
New Jersey State Policemens Benevolent Association is registered as a tax-exempt nonprofit (EIN: 222491835). 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 Association's spending goes to programs?
New Jersey State Policemens Benevolent Association directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does New Jersey State Policemens Benevolent Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), New Jersey State Policemens Benevolent Association is above 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 Association located?
New Jersey State Policemens Benevolent Association is headquartered in S Hackensack, New Jersey and files with the IRS under EIN 222491835. It is classified under NTEE code Y42.
How many years of IRS 990 filings does New Jersey State Policemens Benevolent Association have?
New Jersey State Policemens Benevolent Association has 9 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 $443K in total revenue.
What does New Jersey State Policemens Benevolent Association do?
New Jersey State Policemens Benevolent Association is a nonprofit organization in the Mutual & Membership Benefit sector, located in S Hackensack, New Jersey. It is classified under NTEE code Y42.
How much revenue does New Jersey State Policemens Benevolent Association have?
New Jersey State Policemens Benevolent Association reported total revenue of $442,987. Based on 9 IRS 990 filings on record.
What are New Jersey State Policemens Benevolent Association's total assets?
New Jersey State Policemens Benevolent Association holds total assets of $160,114 as reported in IRS 990 filings.
Where is New Jersey State Policemens Benevolent Association located?
New Jersey State Policemens Benevolent Association is based in S Hackensack, New Jersey.
What is New Jersey State Policemens Benevolent Association's EIN?
New Jersey State Policemens Benevolent Association's Employer Identification Number (EIN) is 222491835. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Jersey State Policemens Benevolent Association?
New Jersey State Policemens Benevolent Association is classified under NTEE code Y42 (Mutual & Membership Benefit).
Is New Jersey State Policemens Benevolent Association a registered 501(c)(3)?
Yes, New Jersey State Policemens Benevolent Association is recognized as a tax-exempt organization by the IRS. EIN: 222491835.
Does New Jersey State Policemens Benevolent Association file IRS Form 990?
Yes, New Jersey State Policemens Benevolent Association has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey State Policemens Benevolent Association's revenue in 2023?
In the 202312 filing period, New Jersey State Policemens Benevolent Association reported total revenue of $164,122, total expenses of $353,743, and net assets of $74,627.
Is New Jersey State Policemens Benevolent Association's revenue growing or declining?
New Jersey State Policemens Benevolent Association's revenue is declining. Revenue went from $198,988 (202112) to $164,122 (202312), a -17.5% change. Based on 9 filings on record.
What is New Jersey State Policemens Benevolent Association's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey State Policemens Benevolent Association covers tax period 202312. It shows revenue of $164,122, expenses of $353,743, total assets of $74,627, and liabilities of N/A.
How much does New Jersey State Policemens Benevolent Association spend on programs vs administration?
Based on IRS 990 analysis, New Jersey State Policemens Benevolent Association allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is New Jersey State Policemens Benevolent Association a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey State Policemens Benevolent Association shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 1 strength noted.
What are the red flags for New Jersey State Policemens Benevolent Association?
The following concerns were identified: Significant decline in revenue over the past several years, from $365,354 in 2017 to $164,122 in 2023.. Assets have decreased substantially from $337,662 in 2017 to $74,627 in 2023, indicating potential financial instability.. High administrative expenses relative to total expenses, suggesting inefficiency in operations.. Lack of detailed program spending information makes it difficult to verify the impact of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Jersey State Policemens Benevolent Association's strengths?
Positive indicators for New Jersey State Policemens Benevolent Association include: Long-standing organization with a clear mission to support policemen in New Jersey.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Policemens Benevolent Association compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives are 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 decline in revenue and assets, what strategies are being implemented to ensure the long-term financial viability of the association?
The provided data does not detail specific strategies, but the trend suggests a need for a comprehensive financial restructuring or fundraising initiative to reverse the decline.
How does the organization justify its administrative and fundraising expenses in light of the decreasing revenue and assets?
Without a detailed breakdown of these expenses, it's difficult to ascertain justification. A deeper dive into operational costs and fundraising efficiency would be necessary.
Filing History
IRS 990 filing history for New Jersey State Policemens Benevolent Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), New Jersey State Policemens Benevolent Association's revenue has declined by 40.3%, moving from $275K to $164K. Total assets decreased by 74.5% over the same period, from $293K to $75K. Total functional expenses rose by 80%, from $196K to $354K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Association reported a deficit of $190K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $354K | $75K | $0 | — | View 990 |
| 2021 | $199K | $251K | $301K | $0 | — | View 990 |
| 2019 | $317K | $363K | $278K | $0 | — | View 990 |
| 2018 | $354K | $368K | $324K | $0 | — | View 990 |
| 2017 | $365K | $271K | $338K | $0 | — | View 990 |
| 2016 | $267K | $298K | $244K | $0 | — | View 990 |
| 2015 | $262K | $283K | $275K | $0 | — | View 990 |
| 2013 | $317K | $315K | $295K | $0 | — | View 990 |
| 2012 | $275K | $196K | $293K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $354K, and assets of $75K (revenue -17.5% year-over-year).
- 2021: Revenue of $199K, expenses of $251K, and assets of $301K (revenue -37.3% year-over-year).
- 2019: Revenue of $317K, expenses of $363K, and assets of $278K (revenue -10.4% year-over-year).
- 2018: Revenue of $354K, expenses of $368K, and assets of $324K (revenue -3.1% year-over-year).
- 2017: Revenue of $365K, expenses of $271K, and assets of $338K (revenue +37.1% year-over-year).
- 2016: Revenue of $267K, expenses of $298K, and assets of $244K (revenue +1.7% year-over-year).
- 2015: Revenue of $262K, expenses of $283K, and assets of $275K (revenue -17.4% year-over-year).
- 2013: Revenue of $317K, expenses of $315K, and assets of $295K (revenue +15.5% year-over-year).
- 2012: Revenue of $275K, expenses of $196K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey State Policemens Benevolent Association:
Data Sources and Methodology
This transparency report for New Jersey State Policemens Benevolent Association 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.