Njea Member Benefit Fund
Njea Member Benefit Fund's assets decline amidst consistent operational deficits, but maintains strong liquidity with no reported liabilities.
EIN: 134270499 · Trenton, NJ · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $541K |
| Total Expenses | $610K |
| Program Spending | 90% |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Njea Member Benefit Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Njea Member Benefit Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Njea Member Benefit Fund
Njea Member Benefit Fund (EIN: 134270499) is a nonprofit organization based in Trenton, NJ, classified under NTEE code Y43. The organization reported total revenue of $541K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Njea Member Benefit Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Njea Member Benefit Fund is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $450K |
| Total Expenses | $610K |
| Surplus / Deficit | $-160,583 |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | -35.7% |
| Months of Reserves | 34.3 months |
Financial Health Grade: B
In 2023, Njea Member Benefit Fund reported a deficit of $161K with expenses exceeding revenue, holds 34.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Njea Member Benefit Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +40.3% | -8.4% |
| 2022 | +0.3% | -32.6% | -1.2% |
| 2021 | -6.4% | +25.8% | -10.9% |
| 2020 | -0.4% | +25.6% | -3.3% |
| 2019 | +6.5% | -6.8% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Njea Member Benefit Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, Njea Member Benefit Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $161K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its 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 Njea Member Benefit Fund's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 expenses $610,248 vs. revenue $449,665)
- Gradual decline in total assets over the past several years (from $2,258,853 in 2016 to $1,745,761 in 2023)
Strengths
The following positive indicators were identified for Njea Member Benefit Fund:
- No reported liabilities across all 13 filings, indicating strong financial health and low debt risk.
- Consistent 0% officer compensation, demonstrating high efficiency in leadership costs.
- Substantial asset base relative to annual revenue, providing financial stability despite operational deficits.
- Long filing history (13 filings) indicating consistent operation and transparency.
Frequently Asked Questions about Njea Member Benefit Fund
Is Njea Member Benefit Fund a legitimate charity?
Njea Member Benefit Fund (EIN: 134270499) 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: $541K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Njea Member Benefit Fund spend its money?
Njea Member Benefit Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Njea Member Benefit Fund tax-deductible?
Njea Member Benefit Fund is registered as a tax-exempt nonprofit (EIN: 134270499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Njea Member Benefit Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Njea Member Benefit Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Njea Member Benefit Fund located?
Njea Member Benefit Fund is headquartered in Trenton, New Jersey and files with the IRS under EIN 134270499. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Njea Member Benefit Fund have?
Njea Member Benefit Fund 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 $541K in total revenue.
Is Njea Member Benefit Fund financially sustainable given recent deficits?
While the organization has experienced several years where expenses exceeded revenue (e.g., $610,248 expenses vs. $449,665 revenue in 2023), its substantial asset base of $1,745,761 in 2023 provides a buffer. However, a continued trend of deficits will eventually erode assets, necessitating a review of revenue generation or expense management for long-term sustainability.
What is the primary cause of the asset decline?
The asset decline from $2,258,853 in 2016 to $1,745,761 in 2023 is primarily due to expenses consistently exceeding revenues in most recent years. For example, in 2021, expenses were $645,113 against revenues of $410,036, contributing to the reduction in net assets.
How does the 0% officer compensation impact the organization?
The 0% officer compensation is a significant strength, indicating that a very high proportion of funds can be directed towards program services rather than administrative overhead for leadership salaries. This suggests a highly dedicated and potentially volunteer-driven leadership structure, enhancing efficiency.
Filing History
IRS 990 filing history for Njea Member Benefit Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Njea Member Benefit Fund's revenue has grown by 10.3%, moving from $408K to $450K. Total assets decreased by 7.7% over the same period, from $1.9M to $1.7M. Total functional expenses rose by 96.4%, from $311K to $610K. In its most recent filing year (2023), Njea Member Benefit Fund reported a deficit of $161K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $450K | $610K | $1.7M | $0 | — | — |
| 2022 | $411K | $435K | $1.9M | $0 | — | View 990 |
| 2021 | $410K | $645K | $1.9M | $0 | — | View 990 |
| 2020 | $438K | $513K | $2.2M | $0 | — | — |
| 2019 | $440K | $408K | $2.2M | $0 | — | View 990 |
| 2018 | $413K | $438K | $2.2M | $0 | — | View 990 |
| 2017 | $409K | $435K | $2.2M | $0 | — | View 990 |
| 2016 | $397K | $280K | $2.3M | $0 | — | View 990 |
| 2015 | $412K | $332K | $2.1M | $0 | — | View 990 |
| 2014 | $407K | $421K | $2.1M | $0 | — | View 990 |
| 2013 | $1.4M | $1.3M | $2.1M | $0 | — | View 990 |
| 2012 | $386K | $268K | $2.0M | $0 | — | View 990 |
| 2011 | $408K | $311K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $450K, expenses of $610K, and assets of $1.7M (revenue +9.3% year-over-year).
- 2022: Revenue of $411K, expenses of $435K, and assets of $1.9M (revenue +0.3% year-over-year).
- 2021: Revenue of $410K, expenses of $645K, and assets of $1.9M (revenue -6.4% year-over-year).
- 2020: Revenue of $438K, expenses of $513K, and assets of $2.2M (revenue -0.4% year-over-year).
- 2019: Revenue of $440K, expenses of $408K, and assets of $2.2M (revenue +6.5% year-over-year).
- 2018: Revenue of $413K, expenses of $438K, and assets of $2.2M (revenue +0.9% year-over-year).
- 2017: Revenue of $409K, expenses of $435K, and assets of $2.2M (revenue +3.1% year-over-year).
- 2016: Revenue of $397K, expenses of $280K, and assets of $2.3M (revenue -3.7% year-over-year).
- 2015: Revenue of $412K, expenses of $332K, and assets of $2.1M (revenue +1.4% year-over-year).
- 2014: Revenue of $407K, expenses of $421K, and assets of $2.1M (revenue -70.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $2.1M (revenue +256.9% year-over-year).
- 2012: Revenue of $386K, expenses of $268K, and assets of $2.0M (revenue -5.4% year-over-year).
- 2011: Revenue of $408K, expenses of $311K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Njea Member Benefit Fund:
Data Sources and Methodology
This transparency report for Njea Member Benefit Fund 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.