New Jersey State Policemens Benevolent Association Inc
New Jersey State Policemen's Benevolent Association Inc: Declining Revenue, High Fundraising Costs
EIN: 222489118 · Montville, NJ · NTEE: Y42 · Updated: 2026-04-04
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 40% 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: 222489118) is a nonprofit organization based in Montville, NJ, classified under NTEE code Y42. The organization reported total revenue of $213K and total assets of $313K 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 (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $122K |
| Surplus / Deficit | $-40,926 |
| Total Assets | $234K |
| Net Assets | $234K |
| Operating Margin | -50.3% |
| Months of Reserves | 23.0 months |
Financial Health Grade: B
In 2023, New Jersey State Policemens Benevolent Association Inc reported a deficit of $41K with expenses exceeding revenue, holds 23.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | +123.2% | -4.8% |
| 2022 | -24.0% | -4.8% | +4.3% |
| 2021 | -18.0% | -21.0% | +13.4% |
| 2020 | -28.1% | -50.8% | +2.7% |
| 2019 | -5.9% | +129.2% | +10.9% |
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: 40%
- fundraising: 40%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association Inc allocates its expenses as follows: admin: 20%, programs: 40%, fundraising: 40%. Only 40% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, suggesting it may be minimal or not separately reported in the summary figures.
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:
- Fundraising expenses consistently consume a significant portion of revenue, e.g., $122,229 in 2023 against $81,303 revenue, indicating an unsustainable model.
- Revenue has shown a general declining trend from $153,910 in 2018 to $81,303 in 2023.
- Expenses frequently exceed revenue, leading to a decrease in net assets over several years.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association Inc:
- Maintains a positive asset base, with $234,397 in assets as of 2023.
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: 222489118) some concerns. Mission Score: 65/100. 3 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 40% 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: 222489118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
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 Montville, 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 $213,273. 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 $313,352 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 Montville, 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 222489118. 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: 222489118.
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 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 $81,303, total expenses of $122,229, and net assets of $234,397.
Is New Jersey State Policemens Benevolent Association Inc's revenue growing or declining?
New Jersey State Policemens Benevolent Association Inc's revenue is growing. Revenue went from $64,919 (202212) to $81,303 (202312), a +25.2% 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 202312. It shows revenue of $81,303, expenses of $122,229, total assets of $234,397, 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 40% of expenses to program services, 20% to administrative costs, and 40% to fundraising. Overhead costs appear high relative to program spending.
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. 1 strength noted.
What are the red flags for New Jersey State Policemens Benevolent Association Inc?
The following concerns were identified: Fundraising expenses consistently consume a significant portion of revenue, e.g., $122,229 in 2023 against $81,303 revenue, indicating an unsustainable model.. Revenue has shown a general declining trend from $153,910 in 2018 to $81,303 in 2023.. Expenses frequently exceed revenue, leading to a decrease in net assets over several years.. 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: Maintains a positive asset base, with $234,397 in assets as of 2023.. 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 is not explicitly detailed in the provided data, suggesting it may be minimal or not separately reported in the summary figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent trend of expenses exceeding revenue and high fundraising costs, what is the long-term financial viability of the organization?
The organization's long-term financial viability appears challenged due to persistent operating deficits and a high proportion of revenue being consumed by fundraising, as seen with $122,229 in expenses against $81,303 in revenue in 2023. This trend suggests a need for significant operational or fundraising strategy changes to ensure sustainability.
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 (2011–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown by 43.6%, moving from $57K to $81K. Total assets increased by 43.1% over the same period, from $164K to $234K. Total functional expenses rose by 136.2%, from $52K to $122K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Association Inc reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $122K | $234K | $0 | — | — |
| 2022 | $65K | $55K | $246K | $0 | — | View 990 |
| 2021 | $85K | $58K | $236K | $0 | — | View 990 |
| 2020 | $104K | $73K | $208K | $0 | — | — |
| 2019 | $145K | $148K | $203K | $26K | — | — |
| 2018 | $154K | $64K | $183K | $14K | — | View 990 |
| 2017 | $68K | $72K | $129K | $26K | — | View 990 |
| 2016 | $72K | $75K | $127K | $37K | — | View 990 |
| 2015 | $51K | $48K | $110K | $36K | — | View 990 |
| 2013 | $53K | $106K | $149K | $52K | — | View 990 |
| 2012 | $55K | $44K | $190K | $52K | — | View 990 |
| 2011 | $57K | $52K | $164K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $122K, and assets of $234K (revenue +25.2% year-over-year).
- 2022: Revenue of $65K, expenses of $55K, and assets of $246K (revenue -24.0% year-over-year).
- 2021: Revenue of $85K, expenses of $58K, and assets of $236K (revenue -18.0% year-over-year).
- 2020: Revenue of $104K, expenses of $73K, and assets of $208K (revenue -28.1% year-over-year).
- 2019: Revenue of $145K, expenses of $148K, and assets of $203K (revenue -5.9% year-over-year).
- 2018: Revenue of $154K, expenses of $64K, and assets of $183K (revenue +126.6% year-over-year).
- 2017: Revenue of $68K, expenses of $72K, and assets of $129K (revenue -5.1% year-over-year).
- 2016: Revenue of $72K, expenses of $75K, and assets of $127K (revenue +39.8% year-over-year).
- 2015: Revenue of $51K, expenses of $48K, and assets of $110K (revenue -2.9% year-over-year).
- 2013: Revenue of $53K, expenses of $106K, and assets of $149K (revenue -3.4% year-over-year).
- 2012: Revenue of $55K, expenses of $44K, and assets of $190K (revenue -3.5% year-over-year).
- 2011: Revenue of $57K, expenses of $52K, and assets of $164K.
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.