Painters District Council 711 Finishing Trades Institute Of Nj
Painters District Council 711 Finishing Trades Institute Of Nj: Stable Revenue, Declining Assets
EIN: 223051963 · Springfield, NJ · NTEE: B30 · Updated: 2026-04-04
Is Painters District Council 711 Finishing Trades Institute Of Nj Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Painters District Council 711 Finishing Trades Institute Of Nj directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Painters District Council 711 Finishing Trades Institute Of Nj
Painters District Council 711 Finishing Trades Institute Of Nj (EIN: 223051963) is a nonprofit organization based in Springfield, NJ, classified under NTEE code B30. The organization reported total revenue of $4.2M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Painters District Council 711 Finishing Trades Institute Of Nj'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 Painters District Council 711 Finishing Trades Institute Of Nj with a Mission Score of 75 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Painters District Council 711 Finishing Trades Institute Of Nj allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as specific figures for individual compensation are not included in the summary.
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 Painters District Council 711 Finishing Trades Institute Of Nj's IRS 990 filings:
- Significant and consistent decline in total assets over the past eight years, from $7,087,288 in 2014 to $4,024,586 in 2021.
- Liabilities have fluctuated, reaching a high of $442,924 in 2020 before decreasing to $203,993 in 2021.
Strengths
The following positive indicators were identified for Painters District Council 711 Finishing Trades Institute Of Nj:
- Revenue has remained relatively stable, indicating consistent operational funding.
- No reported lobbying expenses, suggesting a focus on direct program delivery rather than political advocacy.
- The organization has maintained a positive net asset position despite asset decline.
Frequently Asked Questions about Painters District Council 711 Finishing Trades Institute Of Nj
Is Painters District Council 711 Finishing Trades Institute Of Nj a legitimate charity?
Based on AI analysis of IRS 990 filings, Painters District Council 711 Finishing Trades Institute Of Nj (EIN: 223051963) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Painters District Council 711 Finishing Trades Institute Of Nj spend its money?
Painters District Council 711 Finishing Trades Institute Of Nj directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Painters District Council 711 Finishing Trades Institute Of Nj tax-deductible?
Painters District Council 711 Finishing Trades Institute Of Nj is registered as a tax-exempt nonprofit (EIN: 223051963). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Painters District Council 711 Finishing Trades Institute Of Nj do?
Painters District Council 711 Finishing Trades Institute Of Nj is a nonprofit organization in the Education sector, located in Springfield, New Jersey. It is classified under NTEE code B30.
How much revenue does Painters District Council 711 Finishing Trades Institute Of Nj have?
Painters District Council 711 Finishing Trades Institute Of Nj reported total revenue of $4,237,148. Based on 11 IRS 990 filings on record.
What are Painters District Council 711 Finishing Trades Institute Of Nj's total assets?
Painters District Council 711 Finishing Trades Institute Of Nj holds total assets of $3,752,451 as reported in IRS 990 filings.
Where is Painters District Council 711 Finishing Trades Institute Of Nj located?
Painters District Council 711 Finishing Trades Institute Of Nj is based in Springfield, New Jersey.
What is Painters District Council 711 Finishing Trades Institute Of Nj's EIN?
Painters District Council 711 Finishing Trades Institute Of Nj's Employer Identification Number (EIN) is 223051963. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Painters District Council 711 Finishing Trades Institute Of Nj?
Painters District Council 711 Finishing Trades Institute Of Nj is classified under NTEE code B30 (Education).
Is Painters District Council 711 Finishing Trades Institute Of Nj a registered 501(c)(3)?
Yes, Painters District Council 711 Finishing Trades Institute Of Nj is recognized as a tax-exempt organization by the IRS. EIN: 223051963.
Does Painters District Council 711 Finishing Trades Institute Of Nj file IRS Form 990?
Yes, Painters District Council 711 Finishing Trades Institute Of Nj has 11 IRS Form 990 filings on record. The most recent covers tax period 202104.
What was Painters District Council 711 Finishing Trades Institute Of Nj's revenue in 2021?
In the 202104 filing period, Painters District Council 711 Finishing Trades Institute Of Nj reported total revenue of $2,588,994, total expenses of $2,766,631, and net assets of $4,024,586.
Is Painters District Council 711 Finishing Trades Institute Of Nj's revenue growing or declining?
Painters District Council 711 Finishing Trades Institute Of Nj's revenue is relatively stable. Revenue went from $2,620,243 (202004) to $2,588,994 (202104), a -1.2% change. Based on 11 filings on record.
What is Painters District Council 711 Finishing Trades Institute Of Nj's most recent 990 filing?
The most recent IRS Form 990 filing for Painters District Council 711 Finishing Trades Institute Of Nj covers tax period 202104. It shows revenue of $2,588,994, expenses of $2,766,631, total assets of $4,024,586, and liabilities of $203,993.
How much does Painters District Council 711 Finishing Trades Institute Of Nj spend on programs vs administration?
Based on IRS 990 analysis, Painters District Council 711 Finishing Trades Institute Of Nj allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Painters District Council 711 Finishing Trades Institute Of Nj a trustworthy charity?
Based on AI analysis of IRS 990 data, Painters District Council 711 Finishing Trades Institute Of Nj appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Painters District Council 711 Finishing Trades Institute Of Nj?
The following concerns were identified: Significant and consistent decline in total assets over the past eight years, from $7,087,288 in 2014 to $4,024,586 in 2021.. Liabilities have fluctuated, reaching a high of $442,924 in 2020 before decreasing to $203,993 in 2021.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Painters District Council 711 Finishing Trades Institute Of Nj's strengths?
Positive indicators for Painters District Council 711 Finishing Trades Institute Of Nj include: Revenue has remained relatively stable, indicating consistent operational funding.. No reported lobbying expenses, suggesting a focus on direct program delivery rather than political advocacy.. The organization has maintained a positive net asset position despite asset decline.. These findings are derived from AI analysis of the organization's financial filings.
How does Painters District Council 711 Finishing Trades Institute Of Nj compensate executives?
Executive compensation cannot be assessed from the provided data as specific figures for individual compensation are not included in the summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in total assets, and what is the long-term strategy to address this trend?
The provided data does not specify the reasons for asset decline, but it's a significant trend that warrants further investigation into investment strategies, depreciation, or asset utilization.
Given the stable revenue, how is the organization managing its expenses to maintain operational stability amidst declining assets?
While revenue is stable, the decline in assets suggests that expenses might be outpacing asset growth or that assets are being liquidated without sufficient reinvestment. A detailed expense breakdown would be needed to fully understand this dynamic.
Filing History
IRS 990 filing history for Painters District Council 711 Finishing Trades Institute Of Nj showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Painters District Council 711 Finishing Trades Institute Of Nj's revenue has grown by 57.9%, moving from $1.6M to $2.6M. Total assets decreased by 50.7% over the same period, from $8.2M to $4.0M. Total functional expenses rose by 67.8%, from $1.6M to $2.8M. In its most recent filing year (2021), Painters District Council 711 Finishing Trades Institute Of Nj reported a deficit of $178K, with expenses exceeding revenue. The organization holds $204K in liabilities against $4.0M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $2.6M | $2.8M | $4.0M | $204K | — | View 990 |
| 2020 | $2.6M | $2.7M | $4.1M | $443K | — | View 990 |
| 2019 | $2.7M | $2.8M | $4.3M | $128K | — | View 990 |
| 2018 | $2.5M | $2.8M | $4.3M | $24K | — | View 990 |
| 2017 | $2.0M | $2.7M | $4.5M | $48K | — | View 990 |
| 2016 | $1.9M | $2.8M | $5.3M | $216K | — | View 990 |
| 2015 | $1.8M | $2.7M | $6.5M | $374K | — | View 990 |
| 2014 | $1.9M | $2.4M | $7.1M | $112K | — | View 990 |
| 2013 | $1.8M | $2.4M | $7.7M | $121K | — | View 990 |
| 2012 | $1.8M | $1.7M | $8.2M | $76K | — | View 990 |
| 2011 | $1.6M | $1.6M | $8.2M | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.6M, expenses of $2.8M, and assets of $4.0M (revenue -1.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.7M, and assets of $4.1M (revenue -2.0% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.8M, and assets of $4.3M (revenue +5.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.8M, and assets of $4.3M (revenue +25.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.7M, and assets of $4.5M (revenue +7.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.8M, and assets of $5.3M (revenue +1.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.7M, and assets of $6.5M (revenue -4.7% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.4M, and assets of $7.1M (revenue +10.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $2.4M, and assets of $7.7M (revenue -1.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $8.2M (revenue +8.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $8.2M.
Data Sources and Methodology
This transparency report for Painters District Council 711 Finishing Trades Institute Of Nj 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.