Nj Center For The Healing Arts Inc
EIN: 521638672 · Red Bank, NJ
Is Nj Center For The Healing Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nj Center For The Healing Arts Inc
Nj Center For The Healing Arts Inc (EIN: 521638672) is a nonprofit organization based in Red Bank, NJ. The organization reported total revenue of $391K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nj Center For The Healing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Nj Center For The Healing Arts Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nj Center For The Healing Arts Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Nj Center For The Healing Arts Inc
Is Nj Center For The Healing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nj Center For The Healing Arts Inc (EIN: 521638672) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nj Center For The Healing Arts Inc spend its money?
Detailed spending breakdown data is not yet available for Nj Center For The Healing Arts Inc. Check back for updated IRS 990 analysis.
Are donations to Nj Center For The Healing Arts Inc tax-deductible?
Nj Center For The Healing Arts Inc is registered as a tax-exempt nonprofit (EIN: 521638672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Nj Center For The Healing Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Nj Center For The Healing Arts Inc's revenue has grown by 48.4%, moving from $341K to $506K. Total assets decreased by 52% over the same period, from $194K to $93K. Total functional expenses rose by 111.9%, from $335K to $710K. In its most recent filing year (2022), Nj Center For The Healing Arts Inc reported a deficit of $204K, with expenses exceeding revenue. The organization holds $387K in liabilities against $93K in assets (debt-to-asset ratio: 416.9%), resulting in net assets of $-294,331.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $506K | $710K | $93K | $387K | — | View 990 |
| 2021 | $612K | $649K | $286K | $377K | — | View 990 |
| 2020 | $590K | $566K | $228K | $282K | — | — |
| 2019 | $493K | $500K | $83K | $160K | — | View 990 |
| 2018 | $415K | $495K | $90K | $161K | — | View 990 |
| 2017 | $389K | $471K | $171K | $162K | — | View 990 |
| 2016 | $408K | $435K | $242K | $151K | — | View 990 |
| 2015 | $443K | $401K | $273K | $155K | — | View 990 |
| 2014 | $385K | $403K | $252K | $177K | — | View 990 |
| 2013 | $450K | $388K | $263K | $169K | — | View 990 |
| 2012 | $370K | $335K | $219K | $188K | — | View 990 |
| 2011 | $337K | $352K | $197K | $201K | — | View 990 |
| 2010 | $341K | $335K | $194K | $182K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $506K, expenses of $710K, and assets of $93K (revenue -17.2% year-over-year).
- 2021: Revenue of $612K, expenses of $649K, and assets of $286K (revenue +3.7% year-over-year).
- 2020: Revenue of $590K, expenses of $566K, and assets of $228K (revenue +19.5% year-over-year).
- 2019: Revenue of $493K, expenses of $500K, and assets of $83K (revenue +18.8% year-over-year).
- 2018: Revenue of $415K, expenses of $495K, and assets of $90K (revenue +6.7% year-over-year).
- 2017: Revenue of $389K, expenses of $471K, and assets of $171K (revenue -4.7% year-over-year).
- 2016: Revenue of $408K, expenses of $435K, and assets of $242K (revenue -7.8% year-over-year).
- 2015: Revenue of $443K, expenses of $401K, and assets of $273K (revenue +15.1% year-over-year).
- 2014: Revenue of $385K, expenses of $403K, and assets of $252K (revenue -14.6% year-over-year).
- 2013: Revenue of $450K, expenses of $388K, and assets of $263K (revenue +21.6% year-over-year).
- 2012: Revenue of $370K, expenses of $335K, and assets of $219K (revenue +10.0% year-over-year).
- 2011: Revenue of $337K, expenses of $352K, and assets of $197K (revenue -1.3% year-over-year).
- 2010: Revenue of $341K, expenses of $335K, and assets of $194K.
Data Sources and Methodology
This transparency report for Nj Center For The Healing Arts 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.