Princeton Nearly New Shop Corp
EIN: 472449647 · Princeton, NJ · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $243K |
| Net Assets | $20K |
Is Princeton Nearly New Shop Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Princeton Nearly New Shop Corp
Princeton Nearly New Shop Corp (EIN: 472449647) is a nonprofit organization based in Princeton, NJ, classified under NTEE code P29. The organization reported total revenue of $272K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Nearly New Shop Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Nearly New Shop Corp is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $243K |
| Surplus / Deficit | +$4K |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 1.6% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Princeton Nearly New Shop Corp reported a surplus of $4K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Princeton Nearly New Shop Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -9.3% | +25.1% |
| 2022 | +12.8% | +60.1% | -61.7% |
| 2021 | +93.9% | +37.5% | +589.4% |
| 2020 | -25.9% | -23.5% | +1.2% |
| 2019 | -2.9% | +2.6% | -62.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Princeton Nearly New Shop Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Princeton Nearly New Shop Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Princeton Nearly New Shop Corp
Is Princeton Nearly New Shop Corp a legitimate charity?
Princeton Nearly New Shop Corp (EIN: 472449647) is a registered tax-exempt nonprofit based in New Jersey. It has 10 years of IRS 990 filings on record. Total revenue: $272K. No red flags identified. Financial health grade: A.
How does Princeton Nearly New Shop Corp spend its money?
Princeton Nearly New Shop Corp reported $272K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Princeton Nearly New Shop Corp tax-deductible?
Princeton Nearly New Shop Corp is registered as a tax-exempt nonprofit (EIN: 472449647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Princeton Nearly New Shop Corp located?
Princeton Nearly New Shop Corp is headquartered in Princeton, New Jersey and files with the IRS under EIN 472449647. It is classified under NTEE code P29.
How many years of IRS 990 filings does Princeton Nearly New Shop Corp have?
Princeton Nearly New Shop Corp has 10 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 $272K in total revenue.
Filing History
IRS 990 filing history for Princeton Nearly New Shop Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Princeton Nearly New Shop Corp's revenue has grown by 77.8%, moving from $139K to $247K. Total assets increased by 6.7% over the same period, from $19K to $20K. Total functional expenses rose by 97.4%, from $123K to $243K. In its most recent filing year (2023), Princeton Nearly New Shop Corp reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $243K | $20K | $0 | — | — |
| 2022 | $241K | $267K | $16K | $0 | — | View 990 |
| 2021 | $214K | $167K | $42K | $0 | — | View 990 |
| 2020 | $110K | $121K | $6K | $11K | — | — |
| 2019 | $149K | $159K | $6K | $0 | — | View 990 |
| 2018 | $153K | $155K | $16K | $0 | — | View 990 |
| 2017 | $151K | $147K | $21K | $3K | — | View 990 |
| 2016 | $138K | $123K | $17K | $3K | — | View 990 |
| 2015 | $111K | $127K | $3K | $3K | — | View 990 |
| 2014 | $139K | $123K | $19K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $243K, and assets of $20K (revenue +2.1% year-over-year).
- 2022: Revenue of $241K, expenses of $267K, and assets of $16K (revenue +12.8% year-over-year).
- 2021: Revenue of $214K, expenses of $167K, and assets of $42K (revenue +93.9% year-over-year).
- 2020: Revenue of $110K, expenses of $121K, and assets of $6K (revenue -25.9% year-over-year).
- 2019: Revenue of $149K, expenses of $159K, and assets of $6K (revenue -2.9% year-over-year).
- 2018: Revenue of $153K, expenses of $155K, and assets of $16K (revenue +1.5% year-over-year).
- 2017: Revenue of $151K, expenses of $147K, and assets of $21K (revenue +9.8% year-over-year).
- 2016: Revenue of $138K, expenses of $123K, and assets of $17K (revenue +24.5% year-over-year).
- 2015: Revenue of $111K, expenses of $127K, and assets of $3K (revenue -20.2% year-over-year).
- 2014: Revenue of $139K, expenses of $123K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Nearly New Shop Corp:
Data Sources and Methodology
This transparency report for Princeton Nearly New Shop Corp 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.