New Jersey State Policemens Benevolent Association Inc
NJ State Policemen's Benevolent Association: Declining Revenue, High Expenses
EIN: 222215163 · Sayreville, NJ · NTEE: Y42 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $217K |
| Program Spending | 60% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $117K |
| 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 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 Inc
New Jersey State Policemens Benevolent Association Inc (EIN: 222215163) is a nonprofit organization based in Sayreville, NJ, classified under NTEE code Y42. The organization reported total revenue of $198K and total assets of $143K 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 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $217K |
| Surplus / Deficit | $-25,196 |
| Total Assets | $117K |
| Net Assets | $117K |
| Operating Margin | -13.1% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, New Jersey State Policemens Benevolent Association Inc reported a deficit of $25K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | -0.4% | -17.8% |
| 2022 | +62.4% | +37.6% | -12.1% |
| 2021 | -14.4% | +67.0% | -18.3% |
| 2020 | -19.0% | -36.9% | +31.9% |
| 2019 | -6.7% | +39.6% | +20.9% |
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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. 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 $25K, with expenses exceeding revenue.
Executive Compensation Analysis
The filings indicate $0 in compensation for the highest paid employees, which is unusual for an organization with significant revenue and expenses and may suggest compensation is reported under other categories or through related entities.
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:
- Expenses consistently exceed revenue, leading to net losses in recent years (e.g., $217,117 expenses vs. $191,921 revenue in 2023).
- Declining revenue trend from $198,373 in 2022 to $191,921 in 2023.
- Reporting $0 for highest paid employee compensation, which could obscure actual executive remuneration.
- Assets have decreased from $141,786 in 2022 to $116,590 in 2023.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association Inc:
- Long-standing organization established in 1977.
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: 222215163) some concerns. Mission Score: 65/100. 4 red flags identified, 1 strength noted.
How does New Jersey State Policemens Benevolent Association Inc spend its money?
New Jersey State Policemens Benevolent Association Inc 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 Inc tax-deductible?
New Jersey State Policemens Benevolent Association Inc is registered as a tax-exempt nonprofit (EIN: 222215163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Jersey State Policemens Benevolent Association Inc CEO make?
New Jersey State Policemens Benevolent Association Inc's highest-compensated officer earns $0 annually. The organization reported $198K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Jersey State Policemens Benevolent Association Inc's spending goes to programs?
New Jersey State Policemens Benevolent Association Inc directs 60% 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 Sayreville, New Jersey and files with the IRS under EIN 222215163. 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 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 $198K 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 Sayreville, 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 $197,753. Based on 13 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 $142,618 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 Sayreville, 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 222215163. 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: 222215163.
Does New Jersey State Policemens Benevolent Association Inc file IRS Form 990?
Yes, New Jersey State Policemens Benevolent Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Jersey State Policemens Benevolent Association Inc's revenue in 2023?
In the 202312 filing period, New Jersey State Policemens Benevolent Association Inc reported total revenue of $191,921, total expenses of $217,117, and net assets of $116,590.
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 $198,373 (202212) to $191,921 (202312), a -3.3% change. Based on 13 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 202312. It shows revenue of $191,921, expenses of $217,117, total assets of $116,590, and liabilities of N/A.
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 60% of expenses to program services, 20% 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). 4 red flags identified. 1 strength noted.
What are the red flags for New Jersey State Policemens Benevolent Association Inc?
The following concerns were identified: Expenses consistently exceed revenue, leading to net losses in recent years (e.g., $217,117 expenses vs. $191,921 revenue in 2023).. Declining revenue trend from $198,373 in 2022 to $191,921 in 2023.. Reporting $0 for highest paid employee compensation, which could obscure actual executive remuneration.. Assets have decreased from $141,786 in 2022 to $116,590 in 2023.. 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: Long-standing organization established in 1977.. These findings are derived from AI analysis of the organization's financial filings.
How does New Jersey State Policemens Benevolent Association Inc compensate executives?
The filings indicate $0 in compensation for the highest paid employees, which is unusual for an organization with significant revenue and expenses and may suggest compensation is reported under other categories or through related entities. 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?
- The organization's revenue has shown a declining trend from $198,373 in 2022 to $191,921 in 2023. - Expenses consistently exceed revenue, with $217,117 in expenses against $191,921 in revenue in 2023. - The organization reports zero lobbying and zero compensation for its highest paid employees, which warrants further investigation. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for highest paid employee compensation, how does the organization manage its leadership and operational oversight without direct compensation, or is this compensation reported in a non-standard way?
The $0 compensation for highest paid employees is a significant red flag. It suggests that either leadership is entirely volunteer-based, which is uncommon for an organization of this size and activity, or compensation is being funneled through other means not explicitly disclosed as 'highest paid employee compensation' in the filings, such as through related party transactions or as contractor fees.
With expenses consistently exceeding revenue and a declining asset base, what strategies are in place to ensure the long-term financial sustainability of the organization?
The consistent net losses and decreasing assets indicate a challenging financial position. Without a clear strategy to increase revenue or significantly reduce expenses, the organization's long-term sustainability is questionable. This trend suggests a reliance on drawing down reserves or accumulating liabilities, which is not sustainable.
Filing History
IRS 990 filing history for New Jersey State Policemens Benevolent Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown by 41.7%, moving from $135K to $192K. Total assets increased by 18% over the same period, from $99K to $117K. Total functional expenses rose by 68.5%, from $129K to $217K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Association Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $217K | $117K | $0 | — | — |
| 2022 | $198K | $218K | $142K | $0 | — | View 990 |
| 2021 | $122K | $158K | $161K | $0 | — | View 990 |
| 2020 | $143K | $95K | $198K | $0 | — | — |
| 2019 | $176K | $150K | $150K | $0 | — | View 990 |
| 2018 | $189K | $108K | $124K | $0 | — | View 990 |
| 2017 | $150K | $161K | $43K | $0 | — | View 990 |
| 2016 | $133K | $147K | $54K | $0 | — | View 990 |
| 2015 | $147K | $148K | $69K | $0 | — | View 990 |
| 2014 | $125K | $150K | $70K | $0 | — | View 990 |
| 2013 | $139K | $142K | $96K | $0 | — | View 990 |
| 2012 | $137K | $137K | $98K | $0 | — | View 990 |
| 2011 | $135K | $129K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $217K, and assets of $117K (revenue -3.3% year-over-year).
- 2022: Revenue of $198K, expenses of $218K, and assets of $142K (revenue +62.4% year-over-year).
- 2021: Revenue of $122K, expenses of $158K, and assets of $161K (revenue -14.4% year-over-year).
- 2020: Revenue of $143K, expenses of $95K, and assets of $198K (revenue -19.0% year-over-year).
- 2019: Revenue of $176K, expenses of $150K, and assets of $150K (revenue -6.7% year-over-year).
- 2018: Revenue of $189K, expenses of $108K, and assets of $124K (revenue +25.7% year-over-year).
- 2017: Revenue of $150K, expenses of $161K, and assets of $43K (revenue +13.2% year-over-year).
- 2016: Revenue of $133K, expenses of $147K, and assets of $54K (revenue -9.8% year-over-year).
- 2015: Revenue of $147K, expenses of $148K, and assets of $69K (revenue +17.9% year-over-year).
- 2014: Revenue of $125K, expenses of $150K, and assets of $70K (revenue -10.0% year-over-year).
- 2013: Revenue of $139K, expenses of $142K, and assets of $96K (revenue +1.2% year-over-year).
- 2012: Revenue of $137K, expenses of $137K, and assets of $98K (revenue +1.2% year-over-year).
- 2011: Revenue of $135K, expenses of $129K, and assets of $99K.
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.