Princeton Senior Resource Center
Princeton Senior Resource Center: Strong Financials, High Program Spending
EIN: 222228083 · Princeton, NJ · NTEE: P81Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is Princeton Senior Resource Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princeton Senior Resource Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Princeton Senior Resource Center
Princeton Senior Resource Center (EIN: 222228083) is a nonprofit organization based in Princeton, NJ, classified under NTEE code P81Z. The organization reported total revenue of $8.0M and total assets of $12.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Senior Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Senior Resource Center is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$21K |
| Total Assets | $8.0M |
| Total Liabilities | $120K |
| Net Assets | $7.9M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 58.1 months |
Financial Health Grade: A
In 2023, Princeton Senior Resource Center reported a surplus of $21K with revenue exceeding expenses, holds 58.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Princeton Senior Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.5% | +18.2% | -5.4% |
| 2022 | +1.7% | +15.5% | +8.3% |
| 2021 | +112.2% | +24.9% | +94.6% |
| 2020 | +45.2% | +24.4% | +11.3% |
| 2019 | -9.2% | +3.3% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Princeton Senior Resource Center 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: 80%
- fundraising: 10%
According to IRS 990 filings, Princeton Senior Resource Center allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings.
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 Princeton Senior Resource Center:
- Consistent revenue growth from $899,777 in 2019 to $7,966,668 in 2023.
- Significant asset growth from $3,610,919 in 2019 to $12,629,462 in 2023.
- Low liabilities relative to assets, indicating strong financial stability.
- Consistent reporting of 0% compensation from related parties.
Frequently Asked Questions about Princeton Senior Resource Center
Is Princeton Senior Resource Center a legitimate charity?
Princeton Senior Resource Center (EIN: 222228083) 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: $8.0M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Princeton Senior Resource Center spend its money?
Princeton Senior Resource Center directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Princeton Senior Resource Center tax-deductible?
Princeton Senior Resource Center is registered as a tax-exempt nonprofit (EIN: 222228083). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Princeton Senior Resource Center's spending goes to programs?
Princeton Senior Resource Center directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Princeton Senior Resource Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Princeton Senior Resource Center is above average for NTEE category P81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princeton Senior Resource Center located?
Princeton Senior Resource Center is headquartered in Princeton, New Jersey and files with the IRS under EIN 222228083. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Princeton Senior Resource Center have?
Princeton Senior Resource Center 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 $8.0M in total revenue.
What does Princeton Senior Resource Center do?
Princeton Senior Resource Center is a nonprofit organization in the Human Services sector, located in Princeton, New Jersey. It is classified under NTEE code P81Z.
How much revenue does Princeton Senior Resource Center have?
Princeton Senior Resource Center reported total revenue of $7,966,668. Based on 13 IRS 990 filings on record.
What are Princeton Senior Resource Center's total assets?
Princeton Senior Resource Center holds total assets of $12,629,462 as reported in IRS 990 filings.
Where is Princeton Senior Resource Center located?
Princeton Senior Resource Center is based in Princeton, New Jersey.
What is Princeton Senior Resource Center's EIN?
Princeton Senior Resource Center's Employer Identification Number (EIN) is 222228083. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Princeton Senior Resource Center?
Princeton Senior Resource Center is classified under NTEE code P81Z (Human Services).
Is Princeton Senior Resource Center a registered 501(c)(3)?
Yes, Princeton Senior Resource Center is recognized as a tax-exempt organization by the IRS. EIN: 222228083.
Does Princeton Senior Resource Center file IRS Form 990?
Yes, Princeton Senior Resource Center has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Princeton Senior Resource Center's revenue in 2023?
In the 202306 filing period, Princeton Senior Resource Center reported total revenue of $1,676,952, total expenses of $1,656,125, and net assets of $8,011,853.
Is Princeton Senior Resource Center's revenue growing or declining?
Princeton Senior Resource Center's revenue is declining. Revenue went from $2,817,777 (202206) to $1,676,952 (202306), a -40.5% change. Based on 13 filings on record.
What is Princeton Senior Resource Center's most recent 990 filing?
The most recent IRS Form 990 filing for Princeton Senior Resource Center covers tax period 202306. It shows revenue of $1,676,952, expenses of $1,656,125, total assets of $8,011,853, and liabilities of $119,549.
How much does Princeton Senior Resource Center spend on programs vs administration?
Based on IRS 990 analysis, Princeton Senior Resource Center allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Princeton Senior Resource Center a trustworthy charity?
Based on AI analysis of IRS 990 data, Princeton Senior Resource Center appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Princeton Senior Resource Center's strengths?
Positive indicators for Princeton Senior Resource Center include: Consistent revenue growth from $899,777 in 2019 to $7,966,668 in 2023.. Significant asset growth from $3,610,919 in 2019 to $12,629,462 in 2023.. Low liabilities relative to assets, indicating strong financial stability.. Consistent reporting of 0% compensation from related parties.. These findings are derived from AI analysis of the organization's financial filings.
How does Princeton Senior Resource Center compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Princeton Senior Resource Center?
• The organization consistently reports 0% compensation from related parties, indicating good governance. • Detailed financial statements are available, showing consistent growth in assets and revenue over the past five years. • No significant liabilities are reported, suggesting strong financial health. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial revenue increase from $2,817,777 in 2022 to $7,966,668 in 2023?
The provided data indicates a significant jump in revenue, suggesting a major fundraising campaign, a large grant, or a new program initiative was successfully implemented in the fiscal year ending June 2023.
Filing History
IRS 990 filing history for Princeton Senior Resource Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Princeton Senior Resource Center's revenue has grown by 258.5%, moving from $468K to $1.7M. Total assets increased by 395% over the same period, from $1.6M to $8.0M. Total functional expenses rose by 275.8%, from $441K to $1.7M. In its most recent filing year (2023), Princeton Senior Resource Center reported a surplus of $21K, with revenue exceeding expenses. The organization holds $120K in liabilities against $8.0M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $8.0M | $120K | — | View 990 |
| 2022 | $2.8M | $1.4M | $8.5M | $817K | — | View 990 |
| 2021 | $2.8M | $1.2M | $7.8M | $1.4M | — | View 990 |
| 2020 | $1.3M | $971K | $4.0M | $3K | — | View 990 |
| 2019 | $900K | $781K | $3.6M | $128K | — | View 990 |
| 2018 | $991K | $755K | $3.2M | $33K | — | View 990 |
| 2017 | $712K | $725K | $2.9M | $17K | — | View 990 |
| 2016 | $607K | $711K | $2.6M | $46K | — | View 990 |
| 2015 | $784K | $727K | $2.8M | $44K | — | View 990 |
| 2014 | $620K | $559K | $2.8M | $44K | — | View 990 |
| 2013 | $971K | $506K | $2.4M | $18K | — | View 990 |
| 2012 | $923K | $486K | $2.0M | $16K | — | View 990 |
| 2011 | $468K | $441K | $1.6M | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $8.0M (revenue -40.5% year-over-year).
- 2022: Revenue of $2.8M, expenses of $1.4M, and assets of $8.5M (revenue +1.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.2M, and assets of $7.8M (revenue +112.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $971K, and assets of $4.0M (revenue +45.2% year-over-year).
- 2019: Revenue of $900K, expenses of $781K, and assets of $3.6M (revenue -9.2% year-over-year).
- 2018: Revenue of $991K, expenses of $755K, and assets of $3.2M (revenue +39.1% year-over-year).
- 2017: Revenue of $712K, expenses of $725K, and assets of $2.9M (revenue +17.4% year-over-year).
- 2016: Revenue of $607K, expenses of $711K, and assets of $2.6M (revenue -22.6% year-over-year).
- 2015: Revenue of $784K, expenses of $727K, and assets of $2.8M (revenue +26.5% year-over-year).
- 2014: Revenue of $620K, expenses of $559K, and assets of $2.8M (revenue -36.1% year-over-year).
- 2013: Revenue of $971K, expenses of $506K, and assets of $2.4M (revenue +5.1% year-over-year).
- 2012: Revenue of $923K, expenses of $486K, and assets of $2.0M (revenue +97.4% year-over-year).
- 2011: Revenue of $468K, expenses of $441K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Senior Resource Center:
Data Sources and Methodology
This transparency report for Princeton Senior Resource Center 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.