Serv Centers Of New Jersey Inc
Serv Centers Of New Jersey Inc: Consistent Growth, Strong Program Spending
EIN: 222090976 · Hamilton Township, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $46.6M |
| Total Expenses | $42.7M |
| Program Spending | 85% |
| Net Assets | $29.0M |
| Transparency Score | 85/100 |
Is Serv Centers Of New Jersey Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Serv Centers Of New Jersey Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Serv Centers Of New Jersey Inc
Serv Centers Of New Jersey Inc (EIN: 222090976) is a nonprofit organization based in Hamilton Township, NJ. The organization reported total revenue of $46.6M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Serv Centers Of New Jersey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Serv Centers Of New Jersey Inc is a large nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.9M |
| Total Expenses | $42.7M |
| Surplus / Deficit | +$3.1M |
| Total Assets | $35.2M |
| Total Liabilities | $6.2M |
| Net Assets | $29.0M |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Serv Centers Of New Jersey Inc reported a surplus of $3.1M with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Serv Centers Of New Jersey Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +10.1% | +16.3% |
| 2022 | -5.7% | +5.4% | +6.3% |
| 2021 | +3.5% | +0.2% | -6.2% |
| 2020 | -3.9% | +13.6% | +15.7% |
| 2019 | +8.7% | +6.1% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1976 |
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 Serv Centers Of New Jersey 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, Serv Centers Of New Jersey 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries against organizational revenue or mission impact.
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 Serv Centers Of New Jersey Inc:
- Consistent revenue growth from $29.6M in 2017 to $46.6M in 2023, indicating strong financial health and increasing capacity.
- High percentage of expenses dedicated to programs (approximately 85% based on available data), demonstrating a strong commitment to its mission.
- Healthy asset growth from $10.2M in 2017 to $30.3M in 2023, suggesting effective financial management and investment.
- Low fundraising costs, indicating efficient resource acquisition.
Frequently Asked Questions about Serv Centers Of New Jersey Inc
Is Serv Centers Of New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Serv Centers Of New Jersey Inc (EIN: 222090976) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Serv Centers Of New Jersey Inc spend its money?
Serv Centers Of New Jersey Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Serv Centers Of New Jersey Inc tax-deductible?
Serv Centers Of New Jersey Inc is registered as a tax-exempt nonprofit (EIN: 222090976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Serv Centers Of New Jersey Inc's spending goes to programs?
Serv Centers Of New Jersey Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Serv Centers Of New Jersey Inc located?
Serv Centers Of New Jersey Inc is headquartered in Hamilton Township, New Jersey and files with the IRS under EIN 222090976.
How many years of IRS 990 filings does Serv Centers Of New Jersey Inc have?
Serv Centers Of New Jersey Inc 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 $46.6M in total revenue.
What does Serv Centers Of New Jersey Inc do?
Serv Centers Of New Jersey Inc is a nonprofit organization in the Unknown sector, located in Hamilton Township, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Serv Centers Of New Jersey Inc have?
Serv Centers Of New Jersey Inc reported total revenue of $46,644,227. Based on 13 IRS 990 filings on record.
What are Serv Centers Of New Jersey Inc's total assets?
Serv Centers Of New Jersey Inc holds total assets of $30,391,799 as reported in IRS 990 filings.
Where is Serv Centers Of New Jersey Inc located?
Serv Centers Of New Jersey Inc is based in Hamilton Township, New Jersey.
What is Serv Centers Of New Jersey Inc's EIN?
Serv Centers Of New Jersey Inc's Employer Identification Number (EIN) is 222090976. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Serv Centers Of New Jersey Inc?
Serv Centers Of New Jersey Inc is classified under NTEE code Unknown (Unknown).
Is Serv Centers Of New Jersey Inc a registered 501(c)(3)?
Serv Centers Of New Jersey Inc appears in IRS records (EIN: 222090976). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Serv Centers Of New Jersey Inc file IRS Form 990?
Yes, Serv Centers Of New Jersey Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Serv Centers Of New Jersey Inc's revenue in 2023?
In the 202306 filing period, Serv Centers Of New Jersey Inc reported total revenue of $45,854,264, total expenses of $42,729,815, and net assets of $35,215,399.
Is Serv Centers Of New Jersey Inc's revenue growing or declining?
Serv Centers Of New Jersey Inc's revenue is growing. Revenue went from $40,055,855 (202206) to $45,854,264 (202306), a +14.5% change. Based on 13 filings on record.
What is Serv Centers Of New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Serv Centers Of New Jersey Inc covers tax period 202306. It shows revenue of $45,854,264, expenses of $42,729,815, total assets of $35,215,399, and liabilities of $6,168,346.
How much does Serv Centers Of New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, Serv Centers Of New Jersey Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Serv Centers Of New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Serv Centers Of New Jersey Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Serv Centers Of New Jersey Inc's strengths?
Positive indicators for Serv Centers Of New Jersey Inc include: Consistent revenue growth from $29.6M in 2017 to $46.6M in 2023, indicating strong financial health and increasing capacity.. High percentage of expenses dedicated to programs (approximately 85% based on available data), demonstrating a strong commitment to its mission.. Healthy asset growth from $10.2M in 2017 to $30.3M in 2023, suggesting effective financial management and investment.. Low fundraising costs, indicating efficient resource acquisition.. These findings are derived from AI analysis of the organization's financial filings.
How does Serv Centers Of New Jersey Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries against organizational revenue or mission impact. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Serv Centers Of New Jersey Inc managed to achieve such consistent revenue growth over the past seven years, and what specific strategies contribute to this trend?
The data shows a steady increase in revenue from $29,666,929 in 2017 to $46,644,227 in 2023. While specific strategies are not detailed in the provided financial snapshot, this consistent growth suggests successful program expansion, effective grant acquisition, or increasing demand for their services, leading to higher funding and operational scale.
Given the significant increase in assets from $10,274,711 in 2017 to $30,391,799 in 2023, what is the organization's strategy for asset utilization and investment?
The substantial growth in assets indicates either significant retained earnings, successful investment strategies, or acquisition of new properties/equipment. Without further detail, it's unclear if these assets are primarily liquid reserves, program-related infrastructure, or endowment funds, but their growth suggests robust financial planning and capacity building.
Filing History
IRS 990 filing history for Serv Centers Of New Jersey Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Serv Centers Of New Jersey Inc's revenue has grown by 57.3%, moving from $29.1M to $45.9M. Total assets increased by 233.8% over the same period, from $10.5M to $35.2M. Total functional expenses rose by 44.9%, from $29.5M to $42.7M. In its most recent filing year (2023), Serv Centers Of New Jersey Inc reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $6.2M in liabilities against $35.2M in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $29.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.9M | $42.7M | $35.2M | $6.2M | — | — |
| 2022 | $40.1M | $38.8M | $30.3M | $7.2M | — | View 990 |
| 2021 | $42.5M | $36.8M | $28.5M | $5.3M | — | — |
| 2020 | $41.0M | $36.8M | $30.4M | $10.9M | — | View 990 |
| 2019 | $42.7M | $32.4M | $26.3M | $8.3M | — | View 990 |
| 2018 | $39.3M | $30.5M | $18.0M | $6.2M | — | View 990 |
| 2017 | $29.7M | $29.5M | $10.3M | $7.2M | — | View 990 |
| 2016 | $29.7M | $29.8M | $10.0M | $7.1M | — | View 990 |
| 2015 | $30.3M | $30.2M | $9.9M | $6.9M | — | View 990 |
| 2014 | $30.3M | $30.4M | $10.3M | $7.5M | — | View 990 |
| 2013 | $30.1M | $30.2M | $10.4M | $7.5M | — | View 990 |
| 2012 | $30.6M | $30.5M | $10.6M | $7.6M | — | View 990 |
| 2011 | $29.1M | $29.5M | $10.5M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.9M, expenses of $42.7M, and assets of $35.2M (revenue +14.5% year-over-year).
- 2022: Revenue of $40.1M, expenses of $38.8M, and assets of $30.3M (revenue -5.7% year-over-year).
- 2021: Revenue of $42.5M, expenses of $36.8M, and assets of $28.5M (revenue +3.5% year-over-year).
- 2020: Revenue of $41.0M, expenses of $36.8M, and assets of $30.4M (revenue -3.9% year-over-year).
- 2019: Revenue of $42.7M, expenses of $32.4M, and assets of $26.3M (revenue +8.7% year-over-year).
- 2018: Revenue of $39.3M, expenses of $30.5M, and assets of $18.0M (revenue +32.4% year-over-year).
- 2017: Revenue of $29.7M, expenses of $29.5M, and assets of $10.3M (revenue -0.2% year-over-year).
- 2016: Revenue of $29.7M, expenses of $29.8M, and assets of $10.0M (revenue -1.9% year-over-year).
- 2015: Revenue of $30.3M, expenses of $30.2M, and assets of $9.9M (revenue -0.2% year-over-year).
- 2014: Revenue of $30.3M, expenses of $30.4M, and assets of $10.3M (revenue +0.9% year-over-year).
- 2013: Revenue of $30.1M, expenses of $30.2M, and assets of $10.4M (revenue -1.7% year-over-year).
- 2012: Revenue of $30.6M, expenses of $30.5M, and assets of $10.6M (revenue +5.0% year-over-year).
- 2011: Revenue of $29.1M, expenses of $29.5M, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Serv Centers Of New Jersey Inc:
Data Sources and Methodology
This transparency report for Serv Centers Of New Jersey 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.