New Jersey State Policemens Benevolent Association Inc
New Jersey State Policemen's Benevolent Association Inc: Low Program Spending, High Fundraising Costs
EIN: 223065485 · Clifton, NJ · NTEE: Y42 · Updated: 2026-04-04
About New Jersey State Policemens Benevolent Association Inc
New Jersey State Policemens Benevolent Association Inc (EIN: 223065485) is a nonprofit organization based in Clifton, NJ, classified under NTEE code Y42. The organization reported total revenue of $266K and total assets of $238K 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 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 100%
According to IRS 990 filings, New Jersey State Policemens Benevolent Association Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 100%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but with 100% of expenses going to fundraising, it's highly probable that a significant portion of the $230,375 in expenses is allocated to salaries and related costs for leadership and fundraising personnel.
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:
- 100% of expenses in 2023 ($230,375) were for fundraising, with 0% for programs, suggesting a lack of direct charitable impact.
- Revenue has fluctuated, but expenses consistently exceed revenue in multiple years (e.g., 2021 revenue $189,036 vs. expenses $238,817), indicating potential financial instability.
- The organization's net assets have shown a declining trend over several years, from $213,486 in 2015 to $237,731 in 2023, but with significant fluctuations and a recent increase, which needs further investigation given the spending breakdown.
Strengths
The following positive indicators were identified for New Jersey State Policemens Benevolent Association Inc:
- The organization has consistently filed its financial reports, demonstrating a commitment to regulatory compliance.
Frequently Asked Questions about New Jersey State Policemens Benevolent Association Inc
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 Clifton, 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 $265,951. 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 $237,731 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 Clifton, 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 223065485. 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: 223065485.
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 $237,886, total expenses of $230,375, and net assets of $237,731.
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 $189,036 (202112) to $237,886 (202312), a +25.8% 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 $237,886, expenses of $230,375, total assets of $237,731, and liabilities of N/A.
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: 40/100 (Fair). 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: 100% of expenses in 2023 ($230,375) were for fundraising, with 0% for programs, suggesting a lack of direct charitable impact.. Revenue has fluctuated, but expenses consistently exceed revenue in multiple years (e.g., 2021 revenue $189,036 vs. expenses $238,817), indicating potential financial instability.. The organization's net assets have shown a declining trend over several years, from $213,486 in 2015 to $237,731 in 2023, but with significant fluctuations and a recent increase, which needs further investigation given the spending breakdown.. 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: The organization has consistently filed its financial reports, demonstrating a commitment to regulatory compliance.. 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, but with 100% of expenses going to fundraising, it's highly probable that a significant portion of the $230,375 in expenses is allocated to salaries and related costs for leadership and fundraising personnel. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given that 100% of reported expenses are for fundraising, what specific activities or services does the organization provide to its beneficiaries, and how are these funded if not through direct program expenses?
The provided data indicates no direct program expenses. This suggests that any services or benefits to members or the community are either funded through other means not captured in this expense breakdown, or the organization's primary function is solely fundraising for other entities, which would require further clarification from their detailed financial statements.
How does the organization justify its operational model where all expenses are categorized as fundraising, and what is the ultimate destination of the funds raised?
Without further detail from the full financial statements, it's impossible to definitively state the justification. However, such a model typically implies that the organization acts as a pass-through entity or a professional fundraiser for other organizations. The ultimate destination of the raised funds would be critical to understand its true impact.
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 (2010–2023), New Jersey State Policemens Benevolent Association Inc's revenue has grown by 30.6%, moving from $182K to $238K. Total assets decreased by 17% over the same period, from $286K to $238K. Total functional expenses rose by 31.8%, from $175K to $230K. In its most recent filing year (2023), New Jersey State Policemens Benevolent Association Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $230K | $238K | $0 | — | — |
| 2021 | $189K | $239K | $120K | $0 | — | View 990 |
| 2019 | $197K | $204K | $122K | $0 | — | View 990 |
| 2018 | $140K | $191K | $129K | $0 | — | View 990 |
| 2017 | $161K | $175K | $180K | $0 | — | — |
| 2016 | $154K | $171K | $194K | $0 | — | View 990 |
| 2015 | $175K | $177K | $213K | $0 | — | View 990 |
| 2014 | $161K | $141K | $213K | $0 | — | View 990 |
| 2013 | $175K | $206K | $193K | $0 | — | View 990 |
| 2012 | $143K | $175K | $225K | $0 | — | View 990 |
| 2011 | $183K | $197K | $257K | $0 | — | View 990 |
| 2010 | $182K | $175K | $286K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $230K, and assets of $238K (revenue +25.8% year-over-year).
- 2021: Revenue of $189K, expenses of $239K, and assets of $120K (revenue -3.9% year-over-year).
- 2019: Revenue of $197K, expenses of $204K, and assets of $122K (revenue +40.1% year-over-year).
- 2018: Revenue of $140K, expenses of $191K, and assets of $129K (revenue -13.0% year-over-year).
- 2017: Revenue of $161K, expenses of $175K, and assets of $180K (revenue +5.1% year-over-year).
- 2016: Revenue of $154K, expenses of $171K, and assets of $194K (revenue -12.3% year-over-year).
- 2015: Revenue of $175K, expenses of $177K, and assets of $213K (revenue +8.8% year-over-year).
- 2014: Revenue of $161K, expenses of $141K, and assets of $213K (revenue -7.8% year-over-year).
- 2013: Revenue of $175K, expenses of $206K, and assets of $193K (revenue +22.4% year-over-year).
- 2012: Revenue of $143K, expenses of $175K, and assets of $225K (revenue -21.9% year-over-year).
- 2011: Revenue of $183K, expenses of $197K, and assets of $257K (revenue +0.3% year-over-year).
- 2010: Revenue of $182K, expenses of $175K, and assets of $286K.
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.