Sales Executive Club Of New Jersey Foundation
Sales Executive Club of New Jersey Foundation: Declining Revenue and Unclear Program Spending
EIN: 221714041 · Morristown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $-43,889 |
| Total Expenses | $103K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.5M |
| Transparency Score | 45/100 |
Is Sales Executive Club Of New Jersey Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sales Executive Club Of New Jersey Foundation
Sales Executive Club Of New Jersey Foundation (EIN: 221714041) is a nonprofit organization based in Morristown, NJ. The organization reported total revenue of $-43,889 and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sales Executive Club Of New Jersey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sales Executive Club Of New Jersey Foundation is a micro nonprofit that has been operating for 63 years, with 9 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -154.2% | -39.4% | -8.1% |
| 2022 | -76.5% | +310.1% | -1.4% |
| 2020 | -198.4% | +6.1% | -6.8% |
| 2016 | +5.6% | -2.2% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Sales Executive Club Of New Jersey Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Sales Executive Club Of New Jersey Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 in all available filings, which is unusual for an organization with over $1.5 million in assets and suggests either an entirely volunteer-run operation or that compensation is not being reported in a standard manner.
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 Sales Executive Club Of New Jersey Foundation's IRS 990 filings:
- Consistent reporting of 0% program service expenses raises serious questions about the organization's charitable activities and impact.
- Significant negative revenue in recent years (-$43,889 in 2023 and -$64,398 in 2020) indicates financial instability.
- The 'l' field (likely 'other salaries and wages' or similar) is consistently low or $1, which, combined with $0 executive compensation, suggests a lack of paid staff or unusual reporting practices.
Strengths
The following positive indicators were identified for Sales Executive Club Of New Jersey Foundation:
- The organization maintains a substantial asset base, with total assets consistently above $1.5 million in recent years, indicating financial reserves.
- Despite revenue fluctuations, the organization has maintained a significant asset base over the past decade.
Frequently Asked Questions about Sales Executive Club Of New Jersey Foundation
Is Sales Executive Club Of New Jersey Foundation a legitimate charity?
Sales Executive Club Of New Jersey Foundation (EIN: 221714041) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Sales Executive Club Of New Jersey Foundation spend its money?
Sales Executive Club Of New Jersey Foundation reported its financials in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sales Executive Club Of New Jersey Foundation tax-deductible?
Sales Executive Club Of New Jersey Foundation is registered as a tax-exempt nonprofit (EIN: 221714041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sales Executive Club Of New Jersey Foundation CEO make?
Sales Executive Club Of New Jersey Foundation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Sales Executive Club Of New Jersey Foundation located?
Sales Executive Club Of New Jersey Foundation is headquartered in Morristown, New Jersey and files with the IRS under EIN 221714041.
How many years of IRS 990 filings does Sales Executive Club Of New Jersey Foundation have?
Sales Executive Club Of New Jersey Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Sales Executive Club Of New Jersey Foundation do?
Sales Executive Club Of New Jersey Foundation is a nonprofit organization in the Unknown sector, located in Morristown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sales Executive Club Of New Jersey Foundation have?
Sales Executive Club Of New Jersey Foundation reported total revenue of $-43,889. Based on 9 IRS 990 filings on record.
What are Sales Executive Club Of New Jersey Foundation's total assets?
Sales Executive Club Of New Jersey Foundation holds total assets of $1,518,658 as reported in IRS 990 filings.
Where is Sales Executive Club Of New Jersey Foundation located?
Sales Executive Club Of New Jersey Foundation is based in Morristown, New Jersey.
What is Sales Executive Club Of New Jersey Foundation's EIN?
Sales Executive Club Of New Jersey Foundation's Employer Identification Number (EIN) is 221714041. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sales Executive Club Of New Jersey Foundation?
Sales Executive Club Of New Jersey Foundation is classified under NTEE code Unknown (Unknown).
Is Sales Executive Club Of New Jersey Foundation a registered 501(c)(3)?
Sales Executive Club Of New Jersey Foundation appears in IRS records (EIN: 221714041). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sales Executive Club Of New Jersey Foundation file IRS Form 990?
Yes, Sales Executive Club Of New Jersey Foundation has 9 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Sales Executive Club Of New Jersey Foundation's revenue in 2023?
In the 202303 filing period, Sales Executive Club Of New Jersey Foundation reported total revenue of $-43,889, total expenses of $102,672, and net assets of $1,518,658.
Is Sales Executive Club Of New Jersey Foundation's revenue growing or declining?
Sales Executive Club Of New Jersey Foundation's revenue is declining. Revenue went from $80,936 (202203) to $-43,889 (202303), a -154.2% change. Based on 9 filings on record.
What is Sales Executive Club Of New Jersey Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Sales Executive Club Of New Jersey Foundation covers tax period 202303. It shows revenue of $-43,889, expenses of $102,672, total assets of $1,518,658, and liabilities of $52,000.
Is Sales Executive Club Of New Jersey Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Sales Executive Club Of New Jersey Foundation shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for Sales Executive Club Of New Jersey Foundation?
The following concerns were identified: Consistent reporting of 0% program service expenses raises serious questions about the organization's charitable activities and impact.. Significant negative revenue in recent years (-$43,889 in 2023 and -$64,398 in 2020) indicates financial instability.. The 'l' field (likely 'other salaries and wages' or similar) is consistently low or $1, which, combined with $0 executive compensation, suggests a lack of paid staff or unusual reporting practices.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sales Executive Club Of New Jersey Foundation's strengths?
Positive indicators for Sales Executive Club Of New Jersey Foundation include: The organization maintains a substantial asset base, with total assets consistently above $1.5 million in recent years, indicating financial reserves.. Despite revenue fluctuations, the organization has maintained a significant asset base over the past decade.. These findings are derived from AI analysis of the organization's financial filings.
How does Sales Executive Club Of New Jersey Foundation compensate executives?
Executive compensation is consistently reported as $0 in all available filings, which is unusual for an organization with over $1.5 million in assets and suggests either an entirely volunteer-run operation or that compensation is not being reported in a standard manner. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses, what is the actual charitable purpose and impact of the Sales Executive Club of New Jersey Foundation?
The filings do not provide sufficient detail to understand the charitable purpose or impact, as all expenses are categorized as administrative or fundraising, with no direct program spending reported. This suggests the foundation may serve a different function than direct charitable service delivery.
How does the organization manage its operations and achieve its mission with $0 reported executive compensation and minimal 'other salaries and wages'?
The financial data suggests the organization operates with an all-volunteer structure or that compensation is being handled outside of standard reporting lines. This raises questions about the sustainability and capacity of its operational model.
Filing History
IRS 990 filing history for Sales Executive Club Of New Jersey Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Sales Executive Club Of New Jersey Foundation's revenue has declined by 180%, moving from $55K to $-43,889. Total assets increased by 2.3% over the same period, from $1.5M to $1.5M. Total functional expenses rose by 45%, from $71K to $103K. The organization holds $52K in liabilities against $1.5M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-43,889 | $103K | $1.5M | $52K | — | View 990 |
| 2022 | $81K | $169K | $1.7M | $50K | — | View 990 |
| 2021 | $345K | $41K | $1.7M | $1 | — | — |
| 2020 | $-64,398 | $86K | $1.3M | $1 | — | View 990 |
| 2016 | $65K | $81K | $1.4M | $122 | — | View 990 |
| 2015 | $62K | $83K | $1.5M | $1 | — | View 990 |
| 2014 | $82K | $127K | $1.6M | $111 | — | View 990 |
| 2013 | $29K | $35K | $1.6M | $1 | — | View 990 |
| 2012 | $55K | $71K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-43,889, expenses of $103K, and assets of $1.5M (revenue -154.2% year-over-year).
- 2022: Revenue of $81K, expenses of $169K, and assets of $1.7M (revenue -76.5% year-over-year).
- 2021: Revenue of $345K, expenses of $41K, and assets of $1.7M.
- 2020: Revenue of $-64,398, expenses of $86K, and assets of $1.3M (revenue -198.4% year-over-year).
- 2016: Revenue of $65K, expenses of $81K, and assets of $1.4M (revenue +5.6% year-over-year).
- 2015: Revenue of $62K, expenses of $83K, and assets of $1.5M (revenue -24.7% year-over-year).
- 2014: Revenue of $82K, expenses of $127K, and assets of $1.6M (revenue +186.3% year-over-year).
- 2013: Revenue of $29K, expenses of $35K, and assets of $1.6M (revenue -47.6% year-over-year).
- 2012: Revenue of $55K, expenses of $71K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sales Executive Club Of New Jersey Foundation:
Data Sources and Methodology
This transparency report for Sales Executive Club Of New Jersey Foundation 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.