Newbridge Services Inc
Newbridge Services Inc: Strong Programs, High Fundraising Costs
EIN: 221725830 · Pompton Plains, NJ · NTEE: F30Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $11.5M |
| Program Spending | 75% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Newbridge Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newbridge Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newbridge Services Inc
Newbridge Services Inc (EIN: 221725830) is a nonprofit organization based in Pompton Plains, NJ, classified under NTEE code F30Z. The organization reported total revenue of $5.7M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newbridge Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newbridge Services Inc is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.5M |
| Total Expenses | $11.5M |
| Surplus / Deficit | +$35K |
| Total Assets | $7.6M |
| Total Liabilities | $6.1M |
| Net Assets | $1.5M |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 80.2% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Newbridge Services Inc reported a surplus of $35K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 80.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Newbridge Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +1.2% | +20.9% |
| 2022 | -8.3% | -0.7% | -1.9% |
| 2021 | +6.6% | +-0.0% | -15.8% |
| 2020 | +5.1% | +4.8% | +7.7% |
| 2019 | -7.6% | -1.4% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 1964 |
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 Newbridge Services Inc 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: 75%
- fundraising: 15%
According to IRS 990 filings, Newbridge Services Inc allocates its expenses as follows: admin: 10%, programs: 75%, fundraising: 15%. With 75% 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 $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 80.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no specific figures raising immediate concerns in the available data.
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 Newbridge Services Inc's IRS 990 filings:
- Fundraising expenses, while not excessive, are a notable portion of the spending breakdown, suggesting potential for optimization.
- The organization has reported operating deficits in several recent years, including a $36,451 deficit in 2023 and a $219,808 deficit in 2022, which could impact long-term financial stability.
Strengths
The following positive indicators were identified for Newbridge Services Inc:
- Consistently high program spending demonstrates a strong commitment to its mission.
- Healthy asset base of $9,243,527 in 2023 provides financial stability.
- Consistent revenue generation over several years indicates a stable operational model.
Frequently Asked Questions about Newbridge Services Inc
Is Newbridge Services Inc a legitimate charity?
Newbridge Services Inc (EIN: 221725830) 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: $5.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Newbridge Services Inc spend its money?
Newbridge Services Inc directs 75% of its spending to programs and services. Fundraising costs 15%. This exceeds the 65% industry benchmark.
Are donations to Newbridge Services Inc tax-deductible?
Newbridge Services Inc is registered as a tax-exempt nonprofit (EIN: 221725830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newbridge Services Inc's spending goes to programs?
Newbridge Services Inc directs 75% to programs, 15% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newbridge Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Newbridge Services Inc is above average for NTEE category F30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newbridge Services Inc located?
Newbridge Services Inc is headquartered in Pompton Plains, New Jersey and files with the IRS under EIN 221725830. It is classified under NTEE code F30Z.
How many years of IRS 990 filings does Newbridge Services Inc have?
Newbridge Services Inc 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 $5.7M in total revenue.
What does Newbridge Services Inc do?
Newbridge Services Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Pompton Plains, New Jersey. It is classified under NTEE code F30Z.
How much revenue does Newbridge Services Inc have?
Newbridge Services Inc reported total revenue of $5,705,900. Based on 13 IRS 990 filings on record.
What are Newbridge Services Inc's total assets?
Newbridge Services Inc holds total assets of $9,243,527 as reported in IRS 990 filings.
Where is Newbridge Services Inc located?
Newbridge Services Inc is based in Pompton Plains, New Jersey.
What is Newbridge Services Inc's EIN?
Newbridge Services Inc's Employer Identification Number (EIN) is 221725830. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Newbridge Services Inc?
Newbridge Services Inc is classified under NTEE code F30Z (Mental Health & Crisis Intervention).
Is Newbridge Services Inc a registered 501(c)(3)?
Yes, Newbridge Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 221725830.
Does Newbridge Services Inc file IRS Form 990?
Yes, Newbridge Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Newbridge Services Inc's revenue in 2023?
In the 202306 filing period, Newbridge Services Inc reported total revenue of $11,522,427, total expenses of $11,486,973, and net assets of $7,579,091.
Is Newbridge Services Inc's revenue growing or declining?
Newbridge Services Inc's revenue is relatively stable. Revenue went from $11,136,236 (202206) to $11,522,427 (202306), a +3.5% change. Based on 13 filings on record.
What is Newbridge Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Newbridge Services Inc covers tax period 202306. It shows revenue of $11,522,427, expenses of $11,486,973, total assets of $7,579,091, and liabilities of $6,075,901.
How much does Newbridge Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Newbridge Services Inc allocates approximately 75% of expenses to program services, 10% to administrative costs, and 15% to fundraising. This indicates strong program focus.
Is Newbridge Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Newbridge Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Newbridge Services Inc?
The following concerns were identified: Fundraising expenses, while not excessive, are a notable portion of the spending breakdown, suggesting potential for optimization.. The organization has reported operating deficits in several recent years, including a $36,451 deficit in 2023 and a $219,808 deficit in 2022, which could impact long-term financial stability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Newbridge Services Inc's strengths?
Positive indicators for Newbridge Services Inc include: Consistently high program spending demonstrates a strong commitment to its mission.. Healthy asset base of $9,243,527 in 2023 provides financial stability.. Consistent revenue generation over several years indicates a stable operational model.. These findings are derived from AI analysis of the organization's financial filings.
How does Newbridge Services Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no specific figures raising immediate concerns in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Newbridge Services Inc plan to address the recurring operating deficits observed in recent fiscal years?
While the organization maintains a strong asset base, the recurring operating deficits, such as the $36,451 in 2023 and $219,808 in 2022, suggest a need for strategic financial planning to ensure long-term sustainability without relying on asset depletion.
What strategies are in place to potentially reduce the proportion of fundraising expenses while maintaining or increasing revenue?
With 15% of spending allocated to fundraising, exploring more cost-effective fundraising methods or diversifying revenue streams could enhance the efficiency of resource allocation and allow more funds to directly support programs.
Filing History
IRS 990 filing history for Newbridge Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newbridge Services Inc's revenue has grown by 15.4%, moving from $10.0M to $11.5M. Total assets increased by 6.9% over the same period, from $7.1M to $7.6M. Total functional expenses rose by 12.5%, from $10.2M to $11.5M. In its most recent filing year (2023), Newbridge Services Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $6.1M in liabilities against $7.6M in assets (debt-to-asset ratio: 80.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.5M | $11.5M | $7.6M | $6.1M | — | View 990 |
| 2022 | $11.1M | $11.4M | $6.3M | $4.8M | — | View 990 |
| 2021 | $12.1M | $11.4M | $6.4M | $4.7M | — | View 990 |
| 2020 | $11.4M | $11.4M | $7.6M | $8.8M | — | View 990 |
| 2019 | $10.8M | $10.9M | $7.0M | $8.2M | — | View 990 |
| 2018 | $11.7M | $11.1M | $7.2M | $8.3M | — | View 990 |
| 2017 | $11.3M | $11.5M | $7.2M | $8.9M | — | — |
| 2016 | $12.1M | $12.6M | $7.3M | $8.7M | — | View 990 |
| 2015 | $12.7M | $12.9M | $7.4M | $8.2M | — | View 990 |
| 2014 | $11.9M | $12.2M | $8.5M | $9.2M | — | View 990 |
| 2013 | $11.5M | $11.5M | $8.6M | $9.0M | — | View 990 |
| 2012 | $10.4M | $10.5M | $7.4M | $7.7M | — | View 990 |
| 2011 | $10.0M | $10.2M | $7.1M | $7.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.5M, expenses of $11.5M, and assets of $7.6M (revenue +3.5% year-over-year).
- 2022: Revenue of $11.1M, expenses of $11.4M, and assets of $6.3M (revenue -8.3% year-over-year).
- 2021: Revenue of $12.1M, expenses of $11.4M, and assets of $6.4M (revenue +6.6% year-over-year).
- 2020: Revenue of $11.4M, expenses of $11.4M, and assets of $7.6M (revenue +5.1% year-over-year).
- 2019: Revenue of $10.8M, expenses of $10.9M, and assets of $7.0M (revenue -7.6% year-over-year).
- 2018: Revenue of $11.7M, expenses of $11.1M, and assets of $7.2M (revenue +4.0% year-over-year).
- 2017: Revenue of $11.3M, expenses of $11.5M, and assets of $7.2M (revenue -6.6% year-over-year).
- 2016: Revenue of $12.1M, expenses of $12.6M, and assets of $7.3M (revenue -4.6% year-over-year).
- 2015: Revenue of $12.7M, expenses of $12.9M, and assets of $7.4M (revenue +6.0% year-over-year).
- 2014: Revenue of $11.9M, expenses of $12.2M, and assets of $8.5M (revenue +4.3% year-over-year).
- 2013: Revenue of $11.5M, expenses of $11.5M, and assets of $8.6M (revenue +10.6% year-over-year).
- 2012: Revenue of $10.4M, expenses of $10.5M, and assets of $7.4M (revenue +3.7% year-over-year).
- 2011: Revenue of $10.0M, expenses of $10.2M, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newbridge Services Inc:
Data Sources and Methodology
This transparency report for Newbridge Services 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.