New Jersey Youth Development Foundation
New Jersey Youth Development Foundation consistently grows assets with no reported officer compensation.
EIN: 113826837 · Kenilworth, NJ · NTEE: N70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $423K |
| Program Spending | 80% |
| Net Assets | $718K |
| Transparency Score | 90/100 |
Is New Jersey Youth Development Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Jersey Youth Development Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Jersey Youth Development Foundation
New Jersey Youth Development Foundation (EIN: 113826837) is a nonprofit organization based in Kenilworth, NJ, classified under NTEE code N70. The organization reported total revenue of $479K and total assets of $619K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Jersey Youth Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Jersey Youth Development Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $423K |
| Surplus / Deficit | $-71,414 |
| Total Assets | $718K |
| Net Assets | $718K |
| Operating Margin | -20.3% |
| Months of Reserves | 20.4 months |
Financial Health Grade: B
In 2023, New Jersey Youth Development Foundation reported a deficit of $71K with expenses exceeding revenue, holds 20.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Jersey Youth Development Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | +23.8% | -5.4% |
| 2022 | -21.5% | -17.0% | +1.2% |
| 2021 | +18.6% | +37.6% | +18.8% |
| 2020 | +17.2% | -14.5% | +29.4% |
| 2019 | -8.4% | +4.0% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 Youth Development Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New Jersey Youth Development Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for resource allocation towards the mission.
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 Youth Development Foundation's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202312), with expenses of $422,772 against revenue of $351,358.
Strengths
The following positive indicators were identified for New Jersey Youth Development Foundation:
- Consistent asset growth over the past decade, from $213,216 in 2014 to $717,632 in 2023.
- Zero reported liabilities across all 13 available filings, indicating strong financial stability.
- No officer compensation reported in any filing, suggesting efficient use of funds at the leadership level.
- Consistent filing of IRS Form 990s over 13 periods demonstrates strong transparency and accountability.
- Revenue has generally exceeded expenses in most years, contributing to a healthy financial reserve.
Frequently Asked Questions about New Jersey Youth Development Foundation
Is New Jersey Youth Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Youth Development Foundation (EIN: 113826837) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does New Jersey Youth Development Foundation spend its money?
New Jersey Youth Development Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Jersey Youth Development Foundation tax-deductible?
New Jersey Youth Development Foundation is registered as a tax-exempt nonprofit (EIN: 113826837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Jersey Youth Development Foundation's spending goes to programs?
New Jersey Youth Development Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Jersey Youth Development Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New Jersey Youth Development Foundation is above average for NTEE category N70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Jersey Youth Development Foundation located?
New Jersey Youth Development Foundation is headquartered in Kenilworth, New Jersey and files with the IRS under EIN 113826837. It is classified under NTEE code N70.
How many years of IRS 990 filings does New Jersey Youth Development Foundation have?
New Jersey Youth Development Foundation 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 $479K in total revenue.
Is New Jersey Youth Development Foundation a good charity?
Based on the provided financial data, the New Jersey Youth Development Foundation appears to be a good charity. It consistently grows its assets, maintains zero liabilities, and reports no officer compensation, suggesting efficient use of funds and strong financial health.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time, with assets growing from $213,216 in 2014 to $717,632 in 2023. While there was a slight deficit in 2023, the overall trend shows consistent revenue generation exceeding expenses in most years, leading to a robust asset base.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation across all 13 available filings. This indicates that leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, allowing more funds to be directed to programs.
Filing History
IRS 990 filing history for New Jersey Youth Development Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Jersey Youth Development Foundation's revenue has grown by 311.3%, moving from $85K to $351K. Total assets increased by 3384.2% over the same period, from $21K to $718K. Total functional expenses rose by 243%, from $123K to $423K. In its most recent filing year (2023), New Jersey Youth Development Foundation reported a deficit of $71K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $423K | $718K | $0 | — | — |
| 2022 | $397K | $341K | $759K | $0 | — | View 990 |
| 2021 | $506K | $411K | $750K | $0 | — | View 990 |
| 2020 | $427K | $299K | $631K | $0 | — | View 990 |
| 2019 | $364K | $350K | $487K | $0 | — | View 990 |
| 2018 | $397K | $336K | $456K | $0 | — | View 990 |
| 2017 | $409K | $356K | $395K | $0 | — | — |
| 2016 | $421K | $363K | $341K | $0 | — | View 990 |
| 2015 | $395K | $325K | $283K | $0 | — | View 990 |
| 2014 | $320K | $241K | $213K | $0 | — | View 990 |
| 2013 | $245K | $159K | $135K | $0 | — | View 990 |
| 2012 | $169K | $140K | $50K | $205 | — | View 990 |
| 2011 | $85K | $123K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $423K, and assets of $718K (revenue -11.5% year-over-year).
- 2022: Revenue of $397K, expenses of $341K, and assets of $759K (revenue -21.5% year-over-year).
- 2021: Revenue of $506K, expenses of $411K, and assets of $750K (revenue +18.6% year-over-year).
- 2020: Revenue of $427K, expenses of $299K, and assets of $631K (revenue +17.2% year-over-year).
- 2019: Revenue of $364K, expenses of $350K, and assets of $487K (revenue -8.4% year-over-year).
- 2018: Revenue of $397K, expenses of $336K, and assets of $456K (revenue -2.9% year-over-year).
- 2017: Revenue of $409K, expenses of $356K, and assets of $395K (revenue -3.0% year-over-year).
- 2016: Revenue of $421K, expenses of $363K, and assets of $341K (revenue +6.7% year-over-year).
- 2015: Revenue of $395K, expenses of $325K, and assets of $283K (revenue +23.6% year-over-year).
- 2014: Revenue of $320K, expenses of $241K, and assets of $213K (revenue +30.7% year-over-year).
- 2013: Revenue of $245K, expenses of $159K, and assets of $135K (revenue +44.3% year-over-year).
- 2012: Revenue of $169K, expenses of $140K, and assets of $50K (revenue +98.4% year-over-year).
- 2011: Revenue of $85K, expenses of $123K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Jersey Youth Development Foundation:
Data Sources and Methodology
This transparency report for New Jersey Youth Development Foundation 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.