Priestley Society Of The Venerable John Henry Cardinal Newman
Priestley Society maintains stable finances with zero reported officer compensation over a decade.
EIN: 201219615 · Pine Beach, NJ · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $158K |
| Program Spending | 85% |
| Net Assets | $22K |
| Transparency Score | 85/100 |
Is Priestley Society Of The Venerable John Henry Cardinal Newman Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Priestley Society Of The Venerable John Henry Cardinal Newman directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Priestley Society Of The Venerable John Henry Cardinal Newman
Priestley Society Of The Venerable John Henry Cardinal Newman (EIN: 201219615) is a nonprofit organization based in Pine Beach, NJ, classified under NTEE code X20. The organization reported total revenue of $226K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Priestley Society Of The Venerable John Henry Cardinal Newman's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Priestley Society Of The Venerable John Henry Cardinal Newman is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $158K |
| Surplus / Deficit | +$11K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 6.4% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Priestley Society Of The Venerable John Henry Cardinal Newman reported a surplus of $11K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Priestley Society Of The Venerable John Henry Cardinal Newman's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.7% | +40.2% | +95.6% |
| 2022 | -21.5% | -25.9% | +16.4% |
| 2021 | +7.2% | +9.4% | -40.3% |
| 2020 | +14.3% | +11.7% | -16.4% |
| 2019 | +22.6% | +51.4% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2012 |
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 Priestley Society Of The Venerable John Henry Cardinal Newman 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: 85%
- fundraising: 5%
According to IRS 990 filings, Priestley Society Of The Venerable John Henry Cardinal Newman allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit 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 Priestley Society Of The Venerable John Henry Cardinal Newman:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds.
- No reported liabilities in any filing period, demonstrating strong financial management.
- Steady growth in revenue and assets over the past decade, indicating increasing capacity and sustainability.
- Consistent IRS 990 filing history (12 filings), showing good transparency and compliance.
Frequently Asked Questions about Priestley Society Of The Venerable John Henry Cardinal Newman
Is Priestley Society Of The Venerable John Henry Cardinal Newman a legitimate charity?
Priestley Society Of The Venerable John Henry Cardinal Newman (EIN: 201219615) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $226K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Priestley Society Of The Venerable John Henry Cardinal Newman spend its money?
Priestley Society Of The Venerable John Henry Cardinal Newman directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Priestley Society Of The Venerable John Henry Cardinal Newman tax-deductible?
Priestley Society Of The Venerable John Henry Cardinal Newman is registered as a tax-exempt nonprofit (EIN: 201219615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Priestley Society Of The Venerable John Henry Cardinal Newman's spending goes to programs?
Priestley Society Of The Venerable John Henry Cardinal Newman directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Priestley Society Of The Venerable John Henry Cardinal Newman compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Priestley Society Of The Venerable John Henry Cardinal Newman is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Priestley Society Of The Venerable John Henry Cardinal Newman located?
Priestley Society Of The Venerable John Henry Cardinal Newman is headquartered in Pine Beach, New Jersey and files with the IRS under EIN 201219615. It is classified under NTEE code X20.
How many years of IRS 990 filings does Priestley Society Of The Venerable John Henry Cardinal Newman have?
Priestley Society Of The Venerable John Henry Cardinal Newman has 12 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 $226K in total revenue.
Is Priestley Society Of The Venerable John Henry Cardinal Newman a good charity?
Based on the provided data, the Priestley Society appears to be a well-managed small charity. It consistently reports 0% officer compensation, has no liabilities, and has shown steady revenue and asset growth. Its financial stability and transparency regarding compensation are strong positives.
How has the organization's revenue trended over time?
The organization's revenue has shown a significant upward trend, growing from $71,509 in 2014 to $225,804 currently, with a notable increase in recent years (e.g., $114,289 in 2022 to $168,786 in 2023).
What is the organization's asset growth like?
Assets have grown consistently, from $9,287 in 2014 to $41,975 currently, indicating a healthy accumulation of resources over time.
Filing History
IRS 990 filing history for Priestley Society Of The Venerable John Henry Cardinal Newman showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Priestley Society Of The Venerable John Henry Cardinal Newman's revenue has grown by 128.5%, moving from $74K to $169K. Total assets increased by 78.8% over the same period, from $12K to $22K. Total functional expenses rose by 103.6%, from $78K to $158K. In its most recent filing year (2023), Priestley Society Of The Venerable John Henry Cardinal Newman reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $158K | $22K | $0 | — | — |
| 2022 | $114K | $113K | $11K | $0 | — | — |
| 2021 | $146K | $152K | $10K | $0 | — | View 990 |
| 2020 | $136K | $139K | $16K | $0 | — | — |
| 2019 | $119K | $124K | $20K | $0 | — | View 990 |
| 2018 | $97K | $82K | $25K | $0 | — | View 990 |
| 2017 | $61K | $57K | $10K | $0 | — | View 990 |
| 2016 | $62K | $68K | $6K | $0 | — | View 990 |
| 2015 | $62K | $59K | $12K | $0 | — | View 990 |
| 2014 | $72K | $74K | $9K | $0 | — | View 990 |
| 2013 | $53K | $54K | $12K | $0 | — | View 990 |
| 2012 | $74K | $78K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $158K, and assets of $22K (revenue +47.7% year-over-year).
- 2022: Revenue of $114K, expenses of $113K, and assets of $11K (revenue -21.5% year-over-year).
- 2021: Revenue of $146K, expenses of $152K, and assets of $10K (revenue +7.2% year-over-year).
- 2020: Revenue of $136K, expenses of $139K, and assets of $16K (revenue +14.3% year-over-year).
- 2019: Revenue of $119K, expenses of $124K, and assets of $20K (revenue +22.6% year-over-year).
- 2018: Revenue of $97K, expenses of $82K, and assets of $25K (revenue +59.1% year-over-year).
- 2017: Revenue of $61K, expenses of $57K, and assets of $10K (revenue -1.0% year-over-year).
- 2016: Revenue of $62K, expenses of $68K, and assets of $6K (revenue +0.2% year-over-year).
- 2015: Revenue of $62K, expenses of $59K, and assets of $12K (revenue -14.0% year-over-year).
- 2014: Revenue of $72K, expenses of $74K, and assets of $9K (revenue +33.8% year-over-year).
- 2013: Revenue of $53K, expenses of $54K, and assets of $12K (revenue -27.6% year-over-year).
- 2012: Revenue of $74K, expenses of $78K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Priestley Society Of The Venerable John Henry Cardinal Newman:
Data Sources and Methodology
This transparency report for Priestley Society Of The Venerable John Henry Cardinal Newman 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.