North Plainfield Giving Nest Inc
North Plainfield Giving Nest Inc shows consistent revenue and no reported officer compensation, with growing assets.
EIN: 20693989 · Watchung, NJ · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $678K |
| Total Expenses | $649K |
| Program Spending | 90% |
| Net Assets | $274K |
| Transparency Score | 85/100 |
Is North Plainfield Giving Nest Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Plainfield Giving Nest Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Plainfield Giving Nest Inc
North Plainfield Giving Nest Inc (EIN: 20693989) is a nonprofit organization based in Watchung, NJ, classified under NTEE code B21. The organization reported total revenue of $678K and total assets of $330K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Plainfield Giving Nest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Plainfield Giving Nest Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $795K |
| Total Expenses | $649K |
| Surplus / Deficit | +$146K |
| Total Assets | $347K |
| Total Liabilities | $72K |
| Net Assets | $274K |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, North Plainfield Giving Nest Inc reported a surplus of $146K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Plainfield Giving Nest Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | -1.0% | +78.9% |
| 2022 | +34.9% | +3.4% | +43.9% |
| 2021 | +24.1% | +19.4% | -32.8% |
| 2020 | -49.4% | -41.4% | -46.7% |
| 2019 | +11.9% | +22.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 North Plainfield Giving Nest 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Plainfield Giving Nest Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $146K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through non-officer roles, or that the organization operates with a volunteer-led executive structure, 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.
Strengths
The following positive indicators were identified for North Plainfield Giving Nest Inc:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Positive financial trend with revenue exceeding expenses in recent years (e.g., 2023 revenue $794,734 vs. expenses $648,753).
- Growing net assets, increasing from $134,680 in 2021 to $346,559 in 2023.
- Manageable liabilities relative to assets, with liabilities at $72,488 in 2023 against $346,559 in assets.
- Stable revenue generation over multiple years, demonstrating consistent operational capacity.
Frequently Asked Questions about North Plainfield Giving Nest Inc
Is North Plainfield Giving Nest Inc a legitimate charity?
North Plainfield Giving Nest Inc (EIN: 20693989) 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: $678K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does North Plainfield Giving Nest Inc spend its money?
North Plainfield Giving Nest Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to North Plainfield Giving Nest Inc tax-deductible?
North Plainfield Giving Nest Inc is registered as a tax-exempt nonprofit (EIN: 20693989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North Plainfield Giving Nest Inc's spending goes to programs?
North Plainfield Giving Nest Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Plainfield Giving Nest Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North Plainfield Giving Nest Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Plainfield Giving Nest Inc located?
North Plainfield Giving Nest Inc is headquartered in Watchung, New Jersey and files with the IRS under EIN 20693989. It is classified under NTEE code B21.
How many years of IRS 990 filings does North Plainfield Giving Nest Inc have?
North Plainfield Giving Nest 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 $678K in total revenue.
Is North Plainfield Giving Nest Inc financially stable?
Yes, the organization appears financially stable. In 2023, revenue ($794,734) significantly exceeded expenses ($648,753), leading to an increase in assets to $346,559, and liabilities remain manageable at $72,488.
How efficient is North Plainfield Giving Nest Inc with its spending?
The organization demonstrates high spending efficiency, particularly given the consistent reporting of 0% officer compensation across all filings, suggesting a strong focus on directing funds to its mission and operational costs.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend in recent years, increasing from $134,680 in 2021 to $346,559 in 2023, indicating financial growth and accumulation of resources.
Filing History
IRS 990 filing history for North Plainfield Giving Nest Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Plainfield Giving Nest Inc's revenue has grown by 28.6%, moving from $618K to $795K. Total assets decreased by 16.9% over the same period, from $417K to $347K. Total functional expenses rose by 19.8%, from $542K to $649K. In its most recent filing year (2023), North Plainfield Giving Nest Inc reported a surplus of $146K, with revenue exceeding expenses. The organization holds $72K in liabilities against $347K in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $274K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $795K | $649K | $347K | $72K | — | — |
| 2022 | $722K | $655K | $194K | $66K | — | — |
| 2021 | $535K | $634K | $135K | $73K | — | View 990 |
| 2020 | $431K | $531K | $200K | $40K | — | View 990 |
| 2019 | $853K | $905K | $376K | $116K | — | View 990 |
| 2018 | $762K | $738K | $390K | $78K | — | View 990 |
| 2017 | $722K | $769K | $356K | $69K | — | View 990 |
| 2016 | $741K | $771K | $401K | $67K | — | View 990 |
| 2015 | $773K | $740K | $440K | $76K | — | View 990 |
| 2014 | $720K | $759K | $394K | $64K | — | View 990 |
| 2013 | $749K | $773K | $438K | $69K | — | View 990 |
| 2012 | $718K | $680K | $469K | $76K | — | View 990 |
| 2011 | $618K | $542K | $417K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $795K, expenses of $649K, and assets of $347K (revenue +10.1% year-over-year).
- 2022: Revenue of $722K, expenses of $655K, and assets of $194K (revenue +34.9% year-over-year).
- 2021: Revenue of $535K, expenses of $634K, and assets of $135K (revenue +24.1% year-over-year).
- 2020: Revenue of $431K, expenses of $531K, and assets of $200K (revenue -49.4% year-over-year).
- 2019: Revenue of $853K, expenses of $905K, and assets of $376K (revenue +11.9% year-over-year).
- 2018: Revenue of $762K, expenses of $738K, and assets of $390K (revenue +5.6% year-over-year).
- 2017: Revenue of $722K, expenses of $769K, and assets of $356K (revenue -2.5% year-over-year).
- 2016: Revenue of $741K, expenses of $771K, and assets of $401K (revenue -4.2% year-over-year).
- 2015: Revenue of $773K, expenses of $740K, and assets of $440K (revenue +7.4% year-over-year).
- 2014: Revenue of $720K, expenses of $759K, and assets of $394K (revenue -3.9% year-over-year).
- 2013: Revenue of $749K, expenses of $773K, and assets of $438K (revenue +4.4% year-over-year).
- 2012: Revenue of $718K, expenses of $680K, and assets of $469K (revenue +16.2% year-over-year).
- 2011: Revenue of $618K, expenses of $542K, and assets of $417K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Plainfield Giving Nest Inc:
Data Sources and Methodology
This transparency report for North Plainfield Giving Nest 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.