New Jersey State Policemens Benevolent Association Inc
NJ State Policemen's Benevolent Association: Declining Revenue, High Fundraising Costs
EIN: 223052268 · Pitman, 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 20% 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: 223052268) is a nonprofit organization based in Pitman, NJ, classified under NTEE code Y42. The organization reported total revenue of $466K and total assets of $643K 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.
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: 20%
- fundraising: 60%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association Inc allocates its expenses as follows: admin: 20%, programs: 20%, fundraising: 60%. Only 20% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information.
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 fundraising expenses: In 2023, $321,948 was spent on fundraising, which is 77.7% of the $414,251 revenue.
- Declining revenue trend: Revenue has decreased from $423,340 in 2017 to $414,251 in 2023.
- Significant portion of expenses not directly program-related: A large percentage of expenses are allocated to fundraising rather than direct program delivery.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association Inc:
- Consistent asset base: Despite revenue fluctuations, total assets have remained relatively stable, with $641,602 reported in 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: 223052268) 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 20% 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: 223052268). 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 Pitman, 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 $466,176. Based on 11 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 $643,324 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 Pitman, 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 223052268. 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: 223052268.
Does New Jersey State Policemens Benevolent Association Inc file IRS Form 990?
Yes, New Jersey State Policemens Benevolent Association Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202307.
What was New Jersey State Policemens Benevolent Association Inc's revenue in 2023?
In the 202307 filing period, New Jersey State Policemens Benevolent Association Inc reported total revenue of $414,251, total expenses of $321,948, and net assets of $641,602.
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 $395,860 (202207) to $414,251 (202307), a +4.6% change. Based on 11 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 202307. It shows revenue of $414,251, expenses of $321,948, total assets of $641,602, and liabilities of $289,426.
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 20% of expenses to program services, 20% to administrative costs, and 60% 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: High fundraising expenses: In 2023, $321,948 was spent on fundraising, which is 77.7% of the $414,251 revenue.. Declining revenue trend: Revenue has decreased from $423,340 in 2017 to $414,251 in 2023.. Significant portion of expenses not directly program-related: A large percentage of expenses are allocated to fundraising rather than direct program delivery.. 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 asset base: Despite revenue fluctuations, total assets have remained relatively stable, with $641,602 reported in 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, making a specific assessment difficult without further information. 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 financial filings show a consistent decline in revenue over the past few years, from $423,340 in 2017 to $414,251 in 2023. Fundraising expenses consistently consume a significant portion of revenue, with $321,948 reported in 2023. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the high fundraising costs, what specific strategies are in place to optimize fundraising efficiency and ensure more funds are directed towards programs?
The data indicates a substantial portion of revenue is consumed by fundraising. A detailed breakdown of fundraising activities and their effectiveness would be necessary to assess optimization strategies.
Filing History
IRS 990 filing history for New Jersey State Policemens Benevolent Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown by 18.1%, moving from $351K to $414K. Total assets increased by 91.8% over the same period, from $335K to $642K. Total functional expenses rose by 19.6%, from $269K to $322K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Association Inc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $289K in liabilities against $642K in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $352K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $414K | $322K | $642K | $289K | — | View 990 |
| 2022 | $396K | $479K | $305K | $33K | — | View 990 |
| 2021 | $413K | $408K | $384K | $30K | — | View 990 |
| 2020 | $394K | $412K | $386K | $36K | — | — |
| 2019 | $392K | $473K | $405K | $36K | — | View 990 |
| 2018 | $417K | $384K | $489K | $39K | — | View 990 |
| 2017 | $423K | $372K | $449K | $32K | — | View 990 |
| 2016 | $358K | $375K | $391K | $30K | — | View 990 |
| 2015 | $326K | $360K | $424K | $43K | — | View 990 |
| 2013 | $331K | $294K | $376K | $28K | — | View 990 |
| 2012 | $351K | $269K | $335K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $414K, expenses of $322K, and assets of $642K (revenue +4.6% year-over-year).
- 2022: Revenue of $396K, expenses of $479K, and assets of $305K (revenue -4.1% year-over-year).
- 2021: Revenue of $413K, expenses of $408K, and assets of $384K (revenue +4.8% year-over-year).
- 2020: Revenue of $394K, expenses of $412K, and assets of $386K (revenue +0.5% year-over-year).
- 2019: Revenue of $392K, expenses of $473K, and assets of $405K (revenue -6.1% year-over-year).
- 2018: Revenue of $417K, expenses of $384K, and assets of $489K (revenue -1.4% year-over-year).
- 2017: Revenue of $423K, expenses of $372K, and assets of $449K (revenue +18.2% year-over-year).
- 2016: Revenue of $358K, expenses of $375K, and assets of $391K (revenue +9.8% year-over-year).
- 2015: Revenue of $326K, expenses of $360K, and assets of $424K (revenue -1.6% year-over-year).
- 2013: Revenue of $331K, expenses of $294K, and assets of $376K (revenue -5.5% year-over-year).
- 2012: Revenue of $351K, expenses of $269K, and assets of $335K.
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.