North Jersey Area Local Holding Company Inc
North Jersey Area Local Holding Company Inc: Consistent Operations, Minimal Transparency
EIN: 222918505 · Clifton, NJ · Updated: 2026-04-04
About North Jersey Area Local Holding Company Inc
North Jersey Area Local Holding Company Inc (EIN: 222918505) is a nonprofit organization based in Clifton, NJ. The organization reported total revenue of $172K and total assets of $884K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Jersey Area Local Holding Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Jersey Area Local Holding Company Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, North Jersey Area Local Holding Company Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not disclosed in the provided financial data, making a direct assessment impossible.
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 North Jersey Area Local Holding Company Inc's IRS 990 filings:
- Zero program service expenses reported across all years, raising questions about direct charitable impact.
- Lack of transparency regarding the nature of 'administrative expenses' which constitute 100% of reported expenditures.
- No information available on executive compensation, which is a significant red flag for accountability.
Strengths
The following positive indicators were identified for North Jersey Area Local Holding Company Inc:
- Consistent revenue and asset growth over the past several years, indicating financial stability.
- Low liabilities reported across all years, suggesting a healthy balance sheet.
Frequently Asked Questions about North Jersey Area Local Holding Company Inc
What does North Jersey Area Local Holding Company Inc do?
North Jersey Area Local Holding Company Inc is a nonprofit organization in the Unknown sector, located in Clifton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does North Jersey Area Local Holding Company Inc have?
North Jersey Area Local Holding Company Inc reported total revenue of $172,342. Based on 14 IRS 990 filings on record.
What are North Jersey Area Local Holding Company Inc's total assets?
North Jersey Area Local Holding Company Inc holds total assets of $884,441 as reported in IRS 990 filings.
Where is North Jersey Area Local Holding Company Inc located?
North Jersey Area Local Holding Company Inc is based in Clifton, New Jersey.
What is North Jersey Area Local Holding Company Inc's EIN?
North Jersey Area Local Holding Company Inc's Employer Identification Number (EIN) is 222918505. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is North Jersey Area Local Holding Company Inc?
North Jersey Area Local Holding Company Inc is classified under NTEE code Unknown (Unknown).
Is North Jersey Area Local Holding Company Inc a registered 501(c)(3)?
North Jersey Area Local Holding Company Inc appears in IRS records (EIN: 222918505). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does North Jersey Area Local Holding Company Inc file IRS Form 990?
Yes, North Jersey Area Local Holding Company Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was North Jersey Area Local Holding Company Inc's revenue in 2023?
In the 202312 filing period, North Jersey Area Local Holding Company Inc reported total revenue of $170,781, total expenses of $115,036, and net assets of $829,526.
Is North Jersey Area Local Holding Company Inc's revenue growing or declining?
North Jersey Area Local Holding Company Inc's revenue is relatively stable. Revenue went from $167,706 (202212) to $170,781 (202312), a +1.8% change. Based on 14 filings on record.
What is North Jersey Area Local Holding Company Inc's most recent 990 filing?
The most recent IRS Form 990 filing for North Jersey Area Local Holding Company Inc covers tax period 202312. It shows revenue of $170,781, expenses of $115,036, total assets of $829,526, and liabilities of N/A.
Is North Jersey Area Local Holding Company Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, North Jersey Area Local Holding Company Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for North Jersey Area Local Holding Company Inc?
The following concerns were identified: Zero program service expenses reported across all years, raising questions about direct charitable impact.. Lack of transparency regarding the nature of 'administrative expenses' which constitute 100% of reported expenditures.. No information available on executive compensation, which is a significant red flag for accountability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are North Jersey Area Local Holding Company Inc's strengths?
Positive indicators for North Jersey Area Local Holding Company Inc include: Consistent revenue and asset growth over the past several years, indicating financial stability.. Low liabilities reported across all years, suggesting a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does North Jersey Area Local Holding Company Inc compensate executives?
Executive compensation is not disclosed in the provided financial data, making a direct assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses, what is the actual charitable purpose or activity of North Jersey Area Local Holding Company Inc?
Based on the provided data, the organization does not appear to engage in direct charitable programs. Its primary function seems to be asset holding and administrative management, with no clear indication of how these activities ultimately benefit a charitable cause.
How does the organization justify 100% of its expenses as administrative, and what specific activities fall under this category?
The filings do not provide a detailed breakdown of administrative expenses. Without further information, it's unclear what specific activities (e.g., legal, accounting, management fees) constitute the entirety of its expenditures, especially in the absence of program services.
Filing History
IRS 990 filing history for North Jersey Area Local Holding Company Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), North Jersey Area Local Holding Company Inc's revenue has grown by 29.1%, moving from $132K to $171K. Total assets increased by 148.7% over the same period, from $334K to $830K. Total functional expenses rose by 18.6%, from $97K to $115K. In its most recent filing year (2023), North Jersey Area Local Holding Company Inc reported a surplus of $56K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $115K | $830K | $0 | — | View 990 |
| 2022 | $168K | $112K | $774K | $0 | — | — |
| 2021 | $165K | $116K | $718K | $0 | — | — |
| 2020 | $162K | $103K | $669K | $0 | — | — |
| 2019 | $543K | $432K | $341K | $11K | — | View 990 |
| 2018 | $154K | $106K | $571K | $0 | — | View 990 |
| 2017 | $151K | $118K | $523K | $0 | — | View 990 |
| 2016 | $151K | $103K | $490K | $0 | — | View 990 |
| 2015 | $147K | $108K | $442K | $0 | — | View 990 |
| 2014 | $143K | $124K | $403K | $0 | — | View 990 |
| 2013 | $140K | $96K | $384K | $0 | — | View 990 |
| 2012 | $141K | $91K | $363K | $23K | — | View 990 |
| 2011 | $135K | $92K | $346K | $56K | — | View 990 |
| 2010 | $132K | $97K | $334K | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $115K, and assets of $830K (revenue +1.8% year-over-year).
- 2022: Revenue of $168K, expenses of $112K, and assets of $774K (revenue +1.6% year-over-year).
- 2021: Revenue of $165K, expenses of $116K, and assets of $718K (revenue +2.2% year-over-year).
- 2020: Revenue of $162K, expenses of $103K, and assets of $669K (revenue -70.3% year-over-year).
- 2019: Revenue of $543K, expenses of $432K, and assets of $341K (revenue +252.7% year-over-year).
- 2018: Revenue of $154K, expenses of $106K, and assets of $571K (revenue +2.1% year-over-year).
- 2017: Revenue of $151K, expenses of $118K, and assets of $523K (revenue +0.3% year-over-year).
- 2016: Revenue of $151K, expenses of $103K, and assets of $490K (revenue +2.5% year-over-year).
- 2015: Revenue of $147K, expenses of $108K, and assets of $442K (revenue +2.5% year-over-year).
- 2014: Revenue of $143K, expenses of $124K, and assets of $403K (revenue +2.3% year-over-year).
- 2013: Revenue of $140K, expenses of $96K, and assets of $384K (revenue -1.1% year-over-year).
- 2012: Revenue of $141K, expenses of $91K, and assets of $363K (revenue +4.7% year-over-year).
- 2011: Revenue of $135K, expenses of $92K, and assets of $346K (revenue +2.1% year-over-year).
- 2010: Revenue of $132K, expenses of $97K, and assets of $334K.
Data Sources and Methodology
This transparency report for North Jersey Area Local Holding Company 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.