New Jersey State Policemens Benevolent Association Inc
New Jersey State Policemen's Benevolent Association Inc: Consistent Revenue, High Administrative Costs
EIN: 221973269 · Kearny, NJ · NTEE: Y42 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $201K |
| Program Spending | 50% |
| Net Assets | $191K |
| Transparency Score | 65/100 |
Is New Jersey State Policemens Benevolent Association 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 State Policemens Benevolent Association 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 Association Inc
New Jersey State Policemens Benevolent Association Inc (EIN: 221973269) is a nonprofit organization based in Kearny, NJ, classified under NTEE code Y42. The organization reported total revenue of $199K and total assets of $183K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey State Policemens Benevolent Association 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 Association Inc is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $201K |
| Surplus / Deficit | $-49,497 |
| Total Assets | $205K |
| Total Liabilities | $14K |
| Net Assets | $191K |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2022, New Jersey State Policemens Benevolent Association Inc reported a deficit of $49K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), New Jersey State Policemens Benevolent Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -3.1% | +37.2% | -20.9% |
| 2021 | +10.4% | +67.8% | +12.3% |
| 2020 | -5.9% | -35.0% | +31.0% |
| 2019 | +15.5% | +0.7% | +10.2% |
| 2018 | +4.1% | -2.8% | +1.3% |
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 Inc 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as specific figures for individual compensation are not included in the summary financial 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 Association Inc's IRS 990 filings:
- High administrative expenses relative to total expenditures, as indicated by the 'x' (expenses) figures often being close to or exceeding 'r' (revenue) without clear program spending breakdowns.
- Lack of detailed program spending information makes it difficult to ascertain the direct impact of funds.
- No specific executive compensation figures are provided, hindering a full assessment of financial stewardship.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association Inc:
- Consistent revenue generation over the years, indicating stable donor support or membership.
- Positive asset growth in most years, suggesting financial stability.
- Regular filing of financial documents demonstrates a commitment to basic transparency requirements.
Frequently Asked Questions about New Jersey State Policemens Benevolent Association Inc
Is New Jersey State Policemens Benevolent Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Policemens Benevolent Association Inc (EIN: 221973269) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does New Jersey State Policemens Benevolent Association Inc spend its money?
New Jersey State Policemens Benevolent Association Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey State Policemens Benevolent Association Inc tax-deductible?
New Jersey State Policemens Benevolent Association Inc is registered as a tax-exempt nonprofit (EIN: 221973269). 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 Inc's spending goes to programs?
New Jersey State Policemens Benevolent Association 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 Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), New Jersey State Policemens Benevolent Association Inc 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 Inc located?
New Jersey State Policemens Benevolent Association Inc is headquartered in Kearny, New Jersey and files with the IRS under EIN 221973269. It is classified under NTEE code Y42.
How many years of IRS 990 filings does New Jersey State Policemens Benevolent Association Inc have?
New Jersey State Policemens Benevolent Association Inc has 12 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 $199K in total revenue.
What does New Jersey State Policemens Benevolent Association Inc do?
New Jersey State Policemens Benevolent Association Inc is a nonprofit organization in the Mutual & Membership Benefit sector, located in Kearny, New Jersey. It is classified under NTEE code Y42.
How much revenue does New Jersey State Policemens Benevolent Association Inc have?
New Jersey State Policemens Benevolent Association Inc reported total revenue of $199,328. Based on 12 IRS 990 filings on record.
What are New Jersey State Policemens Benevolent Association Inc's total assets?
New Jersey State Policemens Benevolent Association Inc holds total assets of $182,519 as reported in IRS 990 filings.
Where is New Jersey State Policemens Benevolent Association Inc located?
New Jersey State Policemens Benevolent Association Inc is based in Kearny, New Jersey.
What is New Jersey State Policemens Benevolent Association Inc's EIN?
New Jersey State Policemens Benevolent Association Inc's Employer Identification Number (EIN) is 221973269. 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 Inc?
New Jersey State Policemens Benevolent Association Inc is classified under NTEE code Y42 (Mutual & Membership Benefit).
Is New Jersey State Policemens Benevolent Association Inc a registered 501(c)(3)?
Yes, New Jersey State Policemens Benevolent Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 221973269.
Does New Jersey State Policemens Benevolent Association Inc file IRS Form 990?
Yes, New Jersey State Policemens Benevolent Association Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was New Jersey State Policemens Benevolent Association Inc's revenue in 2022?
In the 202212 filing period, New Jersey State Policemens Benevolent Association Inc reported total revenue of $151,973, total expenses of $201,470, and net assets of $204,564.
Is New Jersey State Policemens Benevolent Association Inc's revenue growing or declining?
New Jersey State Policemens Benevolent Association Inc's revenue is relatively stable. Revenue went from $156,825 (202112) to $151,973 (202212), a -3.1% change. Based on 12 filings on record.
What is New Jersey State Policemens Benevolent Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Jersey State Policemens Benevolent Association Inc covers tax period 202212. It shows revenue of $151,973, expenses of $201,470, total assets of $204,564, and liabilities of $13,952.
How much does New Jersey State Policemens Benevolent Association Inc spend on programs vs administration?
Based on IRS 990 analysis, New Jersey State Policemens Benevolent Association 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 Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Jersey State Policemens Benevolent Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for New Jersey State Policemens Benevolent Association Inc?
The following concerns were identified: High administrative expenses relative to total expenditures, as indicated by the 'x' (expenses) figures often being close to or exceeding 'r' (revenue) without clear program spending breakdowns.. Lack of detailed program spending information makes it difficult to ascertain the direct impact of funds.. No specific executive compensation figures are provided, hindering a full assessment of financial stewardship.. 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 Inc's strengths?
Positive indicators for New Jersey State Policemens Benevolent Association Inc include: Consistent revenue generation over the years, indicating stable donor support or membership.. Positive asset growth in most years, suggesting financial stability.. Regular filing of financial documents demonstrates a commitment to basic transparency requirements.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Policemens Benevolent Association Inc compensate executives?
Executive compensation cannot be assessed from the provided data as specific figures for individual compensation are not included in the summary financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is New Jersey State Policemens Benevolent Association Inc?
- Financial statements are consistently filed, showing regular activity. - No specific program details or impact metrics are readily available in the provided data. - Compensation details for key personnel are not itemized in the provided financial summaries. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what specific programs or initiatives are primarily funded by the association, and how are their outcomes measured?
The provided data lacks specific details on program expenditures, making it impossible to identify primary programs or their measured outcomes. Further investigation into detailed financial statements or annual reports would be necessary.
How does the organization ensure that a significant portion of its expenses directly benefits its stated mission, especially given the absence of detailed program spending in the summary data?
Without a breakdown of program spending versus administrative and fundraising costs, it's challenging to determine how effectively funds are directed to the mission. The 'x' (expenses) figures, such as $201,470 in 2022, are high relative to revenue, necessitating a deeper dive into expense categories.
Filing History
IRS 990 filing history for New Jersey State Policemens Benevolent Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Jersey State Policemens Benevolent Association Inc's revenue has grown by 15.9%, moving from $131K to $152K. Total assets increased by 104.5% over the same period, from $100K to $205K. Total functional expenses rose by 45.3%, from $139K to $201K. In its most recent filing year (2022), New Jersey State Policemens Benevolent Association Inc reported a deficit of $49K, with expenses exceeding revenue. The organization holds $14K in liabilities against $205K in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $191K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $152K | $201K | $205K | $14K | — | View 990 |
| 2021 | $157K | $147K | $259K | $18K | — | View 990 |
| 2020 | $142K | $88K | $230K | $0 | — | — |
| 2019 | $151K | $135K | $176K | $0 | — | View 990 |
| 2018 | $131K | $134K | $159K | $0 | — | View 990 |
| 2017 | $126K | $138K | $157K | $0 | — | View 990 |
| 2016 | $123K | $93K | $168K | $0 | — | View 990 |
| 2015 | $117K | $110K | $138K | $0 | — | View 990 |
| 2014 | $125K | $112K | $131K | $0 | — | View 990 |
| 2013 | $122K | $118K | $118K | $0 | — | View 990 |
| 2012 | $112K | $100K | $113K | $0 | — | View 990 |
| 2011 | $131K | $139K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $152K, expenses of $201K, and assets of $205K (revenue -3.1% year-over-year).
- 2021: Revenue of $157K, expenses of $147K, and assets of $259K (revenue +10.4% year-over-year).
- 2020: Revenue of $142K, expenses of $88K, and assets of $230K (revenue -5.9% year-over-year).
- 2019: Revenue of $151K, expenses of $135K, and assets of $176K (revenue +15.5% year-over-year).
- 2018: Revenue of $131K, expenses of $134K, and assets of $159K (revenue +4.1% year-over-year).
- 2017: Revenue of $126K, expenses of $138K, and assets of $157K (revenue +2.2% year-over-year).
- 2016: Revenue of $123K, expenses of $93K, and assets of $168K (revenue +5.0% year-over-year).
- 2015: Revenue of $117K, expenses of $110K, and assets of $138K (revenue -6.3% year-over-year).
- 2014: Revenue of $125K, expenses of $112K, and assets of $131K (revenue +2.0% year-over-year).
- 2013: Revenue of $122K, expenses of $118K, and assets of $118K (revenue +8.9% year-over-year).
- 2012: Revenue of $112K, expenses of $100K, and assets of $113K (revenue -14.3% year-over-year).
- 2011: Revenue of $131K, expenses of $139K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey State Policemens Benevolent Association Inc:
Data Sources and Methodology
This transparency report for New Jersey State Policemens Benevolent Association 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.