R W J Barnabas Health Inc

Is R W J Barnabas Health Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

R W J Barnabas Health Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About R W J Barnabas Health Inc

R W J Barnabas Health Inc (EIN: 221487148) is a nonprofit organization based in Mountainside, NJ, classified under NTEE code E22. The organization reported total revenue of $141.9M and total assets of $183.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R W J Barnabas Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

R W J Barnabas Health Inc is a major nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2018, R W J Barnabas Health Inc reported a surplus of $6.0M with revenue exceeding expenses, holds 16.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.2% (moderate leverage).

Financial Trends

Over 8 years of filings (2011–2018), R W J Barnabas Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

IRS Tax-Exempt Classification

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 R W J Barnabas Health 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, R W J Barnabas Health Inc 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 (2018)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $6.0M, with revenue exceeding expenses.
• Debt-to-asset ratio: 33.2%.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries or benefits.

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 R W J Barnabas Health Inc:

• Consistent revenue growth over the past several years, from $109M in 2012 to $148M in 2018.
• Strong asset base, consistently above $160M, indicating financial stability.
• Low fundraising costs, suggesting efficient donor acquisition and retention.

Frequently Asked Questions about R W J Barnabas Health Inc

Filing History

IRS 990 filing history for R W J Barnabas Health Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), R W J Barnabas Health Inc's revenue has grown by 34.3%, moving from $110.3M to $148.1M. Total assets increased by 18.9% over the same period, from $161.8M to $192.4M. Total functional expenses rose by 31.6%, from $108.0M to $142.1M. In its most recent filing year (2018), R W J Barnabas Health Inc reported a surplus of $6.0M, with revenue exceeding expenses. The organization holds $63.8M in liabilities against $192.4M in assets (debt-to-asset ratio: 33.2%), resulting in net assets of $128.6M.

Year-by-Year Financial Summary

• 2018: Revenue of $148.1M, expenses of $142.1M, and assets of $192.4M (revenue +4.4% year-over-year).
• 2017: Revenue of $141.9M, expenses of $134.0M, and assets of $183.7M (revenue -2.1% year-over-year).
• 2016: Revenue of $144.9M, expenses of $137.3M, and assets of $182.3M (revenue +6.6% year-over-year).
• 2015: Revenue of $135.9M, expenses of $131.8M, and assets of $181.4M (revenue +7.7% year-over-year).
• 2014: Revenue of $126.3M, expenses of $123.2M, and assets of $179.0M (revenue +7.6% year-over-year).
• 2013: Revenue of $117.4M, expenses of $113.6M, and assets of $169.5M (revenue +7.6% year-over-year).
• 2012: Revenue of $109.1M, expenses of $108.3M, and assets of $162.9M (revenue -1.1% year-over-year).
• 2011: Revenue of $110.3M, expenses of $108.0M, and assets of $161.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for R W J Barnabas Health Inc:

Data Sources and Methodology

This transparency report for R W J Barnabas Health 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.