Newark Transitional Supervised Living Program Corporation
Newark Transitional Supervised Living Program: Steady Growth, High Program Spending
EIN: 222730393 · Newark, NJ · NTEE: F34Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $889K |
| Total Expenses | $878K |
| Program Spending | 85% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Newark Transitional Supervised Living Program Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newark Transitional Supervised Living Program Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newark Transitional Supervised Living Program Corporation
Newark Transitional Supervised Living Program Corporation (EIN: 222730393) is a nonprofit organization based in Newark, NJ, classified under NTEE code F34Z. The organization reported total revenue of $889K and total assets of $834K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newark Transitional Supervised Living Program Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newark Transitional Supervised Living Program Corporation is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $878K |
| Surplus / Deficit | +$434K |
| Total Assets | $1.1M |
| Total Liabilities | $67K |
| Net Assets | $1.1M |
| Operating Margin | 33.1% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Newark Transitional Supervised Living Program Corporation reported a surplus of $434K with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Newark Transitional Supervised Living Program Corporation's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | -5.4% | +30.4% |
| 2022 | +55.0% | +36.8% | +29.8% |
| 2021 | -0.3% | -0.9% | +18.0% |
| 2020 | +17.2% | +13.2% | +1.6% |
| 2019 | +10.0% | +1.3% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Transitional Supervised Living Program Corporation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Newark Transitional Supervised Living Program Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $434K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the organization's overall administrative expenses appear to be a reasonable portion of total spending.
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 Transitional Supervised Living Program Corporation's IRS 990 filings:
- Limited public-facing detailed annual reports or impact statements beyond IRS filings.
Strengths
The following positive indicators were identified for Newark Transitional Supervised Living Program Corporation:
- Consistent revenue growth over the past several years, indicating stable funding and increasing capacity.
- High percentage of expenses dedicated to program services, demonstrating a strong focus on its mission.
- Positive net assets, suggesting financial stability and responsible management.
- Long operational history (data back to 2016) indicates established presence and experience.
Frequently Asked Questions about Newark Transitional Supervised Living Program Corporation
Is Newark Transitional Supervised Living Program Corporation a legitimate charity?
Newark Transitional Supervised Living Program Corporation (EIN: 222730393) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $889K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Newark Transitional Supervised Living Program Corporation spend its money?
Newark Transitional Supervised Living Program Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Newark Transitional Supervised Living Program Corporation tax-deductible?
Newark Transitional Supervised Living Program Corporation is registered as a tax-exempt nonprofit (EIN: 222730393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newark Transitional Supervised Living Program Corporation's spending goes to programs?
Newark Transitional Supervised Living Program Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newark Transitional Supervised Living Program Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Newark Transitional Supervised Living Program Corporation is above average for NTEE category F34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newark Transitional Supervised Living Program Corporation located?
Newark Transitional Supervised Living Program Corporation is headquartered in Newark, New Jersey and files with the IRS under EIN 222730393. It is classified under NTEE code F34Z.
How many years of IRS 990 filings does Newark Transitional Supervised Living Program Corporation have?
Newark Transitional Supervised Living Program Corporation 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 $889K in total revenue.
What does Newark Transitional Supervised Living Program Corporation do?
Newark Transitional Supervised Living Program Corporation is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Newark, New Jersey. It is classified under NTEE code F34Z.
How much revenue does Newark Transitional Supervised Living Program Corporation have?
Newark Transitional Supervised Living Program Corporation reported total revenue of $889,493. Based on 13 IRS 990 filings on record.
What are Newark Transitional Supervised Living Program Corporation's total assets?
Newark Transitional Supervised Living Program Corporation holds total assets of $833,983 as reported in IRS 990 filings.
Where is Newark Transitional Supervised Living Program Corporation located?
Newark Transitional Supervised Living Program Corporation is based in Newark, New Jersey.
What is Newark Transitional Supervised Living Program Corporation's EIN?
Newark Transitional Supervised Living Program Corporation's Employer Identification Number (EIN) is 222730393. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Newark Transitional Supervised Living Program Corporation?
Newark Transitional Supervised Living Program Corporation is classified under NTEE code F34Z (Mental Health & Crisis Intervention).
Is Newark Transitional Supervised Living Program Corporation a registered 501(c)(3)?
Yes, Newark Transitional Supervised Living Program Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222730393.
Does Newark Transitional Supervised Living Program Corporation file IRS Form 990?
Yes, Newark Transitional Supervised Living Program Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202307.
What was Newark Transitional Supervised Living Program Corporation's revenue in 2023?
In the 202307 filing period, Newark Transitional Supervised Living Program Corporation reported total revenue of $1,312,221, total expenses of $877,928, and net assets of $1,148,512.
Is Newark Transitional Supervised Living Program Corporation's revenue growing or declining?
Newark Transitional Supervised Living Program Corporation's revenue is growing. Revenue went from $1,089,157 (202207) to $1,312,221 (202307), a +20.5% change. Based on 13 filings on record.
What is Newark Transitional Supervised Living Program Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Newark Transitional Supervised Living Program Corporation covers tax period 202307. It shows revenue of $1,312,221, expenses of $877,928, total assets of $1,148,512, and liabilities of $67,480.
How much does Newark Transitional Supervised Living Program Corporation spend on programs vs administration?
Based on IRS 990 analysis, Newark Transitional Supervised Living Program Corporation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Newark Transitional Supervised Living Program Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Newark Transitional Supervised Living Program Corporation appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 4 strengths noted.
What are the red flags for Newark Transitional Supervised Living Program Corporation?
The following concerns were identified: Limited public-facing detailed annual reports or impact statements beyond IRS filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Newark Transitional Supervised Living Program Corporation's strengths?
Positive indicators for Newark Transitional Supervised Living Program Corporation include: Consistent revenue growth over the past several years, indicating stable funding and increasing capacity.. High percentage of expenses dedicated to program services, demonstrating a strong focus on its mission.. Positive net assets, suggesting financial stability and responsible management.. Long operational history (data back to 2016) indicates established presence and experience.. These findings are derived from AI analysis of the organization's financial filings.
How does Newark Transitional Supervised Living Program Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the organization's overall administrative expenses appear to be a reasonable portion of total spending. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Newark Transitional Supervised Living Program Corporation?
• Financial statements are consistently available through IRS filings, showing revenue and expense trends. • The organization's 990 forms provide a breakdown of functional expenses, indicating a strong commitment to program services. • No specific transparency report or detailed annual report beyond IRS filings was readily available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization manage its increasing liabilities, such as the 'l' (liabilities) figure which has fluctuated significantly, reaching $234,030 in 2022?
While the provided data shows fluctuations in liabilities, the organization consistently maintains positive net assets ('a' - assets minus 'l' - liabilities), suggesting that liabilities are managed within its financial capacity. Further details on the nature of these liabilities would require deeper analysis of their full financial statements.
Given the consistent growth in revenue, what specific strategies are in place to ensure program quality and expansion align with increased funding?
The data indicates a strong commitment to program spending, with 'x' (expenses) closely tracking 'r' (revenue). To fully assess alignment, one would need to review program reports, impact assessments, and strategic plans, which are not included in the provided financial snapshot.
Filing History
IRS 990 filing history for Newark Transitional Supervised Living Program Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newark Transitional Supervised Living Program Corporation's revenue has grown by 190.6%, moving from $452K to $1.3M. Total assets decreased by 12.7% over the same period, from $1.3M to $1.1M. Total functional expenses rose by 42.9%, from $614K to $878K. In its most recent filing year (2023), Newark Transitional Supervised Living Program Corporation reported a surplus of $434K, with revenue exceeding expenses. The organization holds $67K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $878K | $1.1M | $67K | — | View 990 |
| 2022 | $1.1M | $928K | $881K | $234K | — | View 990 |
| 2021 | $703K | $678K | $679K | $193K | — | View 990 |
| 2020 | $704K | $685K | $575K | $114K | — | View 990 |
| 2019 | $601K | $605K | $566K | $124K | — | View 990 |
| 2018 | $546K | $597K | $579K | $134K | — | — |
| 2017 | $551K | $668K | $617K | $121K | — | View 990 |
| 2016 | $538K | $577K | $769K | $156K | — | View 990 |
| 2015 | $534K | $595K | $812K | $159K | — | View 990 |
| 2014 | $470K | $591K | $865K | $152K | — | View 990 |
| 2013 | $518K | $604K | $981K | $146K | — | View 990 |
| 2012 | $295K | $531K | $1.1M | $168K | — | View 990 |
| 2011 | $452K | $614K | $1.3M | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $878K, and assets of $1.1M (revenue +20.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $928K, and assets of $881K (revenue +55.0% year-over-year).
- 2021: Revenue of $703K, expenses of $678K, and assets of $679K (revenue -0.3% year-over-year).
- 2020: Revenue of $704K, expenses of $685K, and assets of $575K (revenue +17.2% year-over-year).
- 2019: Revenue of $601K, expenses of $605K, and assets of $566K (revenue +10.0% year-over-year).
- 2018: Revenue of $546K, expenses of $597K, and assets of $579K (revenue -0.8% year-over-year).
- 2017: Revenue of $551K, expenses of $668K, and assets of $617K (revenue +2.3% year-over-year).
- 2016: Revenue of $538K, expenses of $577K, and assets of $769K (revenue +0.7% year-over-year).
- 2015: Revenue of $534K, expenses of $595K, and assets of $812K (revenue +13.7% year-over-year).
- 2014: Revenue of $470K, expenses of $591K, and assets of $865K (revenue -9.4% year-over-year).
- 2013: Revenue of $518K, expenses of $604K, and assets of $981K (revenue +75.5% year-over-year).
- 2012: Revenue of $295K, expenses of $531K, and assets of $1.1M (revenue -34.6% year-over-year).
- 2011: Revenue of $452K, expenses of $614K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newark Transitional Supervised Living Program Corporation:
Data Sources and Methodology
This transparency report for Newark Transitional Supervised Living Program Corporation 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.