Newark Knights Motorcycle Club
Newark Knights Motorcycle Club consistently generates revenue with zero reported assets or liabilities in recent years and no officer compensation.
EIN: 113829694 · Newark, NJ · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $206K |
| Program Spending | 80% |
| Transparency Score | 85/100 |
Is Newark Knights Motorcycle Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newark Knights Motorcycle Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newark Knights Motorcycle Club
Newark Knights Motorcycle Club (EIN: 113829694) is a nonprofit organization based in Newark, NJ, classified under NTEE code N50. The organization reported total revenue of $277K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newark Knights Motorcycle Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newark Knights Motorcycle Club is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $292K |
| Total Expenses | $206K |
| Surplus / Deficit | +$86K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 29.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, Newark Knights Motorcycle Club reported a surplus of $86K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Newark Knights Motorcycle Club's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.7% | +5.7% | — |
| 2022 | -13.9% | -23.9% | — |
| 2021 | +96.9% | +43.5% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Newark Knights Motorcycle Club with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Newark Knights Motorcycle Club allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 surplus of $86K, with revenue exceeding expenses.
Executive Compensation Analysis
The Newark Knights Motorcycle Club reports 0% officer compensation across all available filings, indicating a fully volunteer-led executive team, which is highly commendable for a nonprofit of its revenue size.
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 Newark Knights Motorcycle Club's IRS 990 filings:
- Consistent reporting of $0 assets and liabilities in recent years, which is unusual for an organization with significant revenue and could indicate a lack of financial reserves or unusual accounting practices.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise assessment of spending efficiency challenging.
Strengths
The following positive indicators were identified for Newark Knights Motorcycle Club:
- Consistent revenue generation, with latest revenue at $277,039 and a high of $292,193 in 2023.
- No officer compensation reported, indicating a volunteer-driven leadership and efficient use of funds.
- Expenses generally well below revenue in recent periods, suggesting operational efficiency and positive net income.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Newark Knights Motorcycle Club
Is Newark Knights Motorcycle Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Newark Knights Motorcycle Club (EIN: 113829694) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Newark Knights Motorcycle Club spend its money?
Newark Knights Motorcycle Club directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newark Knights Motorcycle Club tax-deductible?
Newark Knights Motorcycle Club is registered as a tax-exempt nonprofit (EIN: 113829694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newark Knights Motorcycle Club's spending goes to programs?
Newark Knights Motorcycle Club directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newark Knights Motorcycle Club compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Newark Knights Motorcycle Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newark Knights Motorcycle Club located?
Newark Knights Motorcycle Club is headquartered in Newark, New Jersey and files with the IRS under EIN 113829694. It is classified under NTEE code N50.
How many years of IRS 990 filings does Newark Knights Motorcycle Club have?
Newark Knights Motorcycle Club has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $277K in total revenue.
Is Newark Knights Motorcycle Club financially stable?
Operationally, yes, as revenue consistently exceeds expenses in most recent periods (e.g., $292,193 revenue vs. $206,231 expenses in 2023). However, the consistent reporting of $0 assets and liabilities in recent years is unusual and makes a traditional balance sheet assessment of long-term stability difficult.
How does Newark Knights Motorcycle Club spend its money?
While a detailed breakdown isn't provided in the summary data, the organization consistently incurs expenses (e.g., $206,231 in 2023) against its revenue. The absence of officer compensation suggests funds are directed towards operational costs and programs, but specific categories are not itemized in the provided data.
Does Newark Knights Motorcycle Club pay its executives?
No, the organization reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Newark Knights Motorcycle Club showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Newark Knights Motorcycle Club's revenue has grown by 113%, moving from $137K to $292K. Total functional expenses rose by 15.5%, from $179K to $206K. In its most recent filing year (2023), Newark Knights Motorcycle Club reported a surplus of $86K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $292K | $206K | $0 | $0 | — | — |
| 2022 | $232K | $195K | $0 | $0 | — | View 990 |
| 2021 | $270K | $256K | $0 | $0 | — | View 990 |
| 2020 | $137K | $179K | $0 | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $292K, expenses of $206K, and assets of $0 (revenue +25.7% year-over-year).
- 2022: Revenue of $232K, expenses of $195K, and assets of $0 (revenue -13.9% year-over-year).
- 2021: Revenue of $270K, expenses of $256K, and assets of $0 (revenue +96.9% year-over-year).
- 2020: Revenue of $137K, expenses of $179K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newark Knights Motorcycle Club:
Data Sources and Methodology
This transparency report for Newark Knights Motorcycle Club 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.