Somerset Treatment Services Inc
Somerset Treatment Services: Stable Revenue, High Program Spending, but Limited Public Transparency
EIN: 222526128 · Somerville, NJ · NTEE: F220 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $739K |
| Transparency Score | 85/100 |
Is Somerset Treatment Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Somerset Treatment Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Somerset Treatment Services Inc
Somerset Treatment Services Inc (EIN: 222526128) is a nonprofit organization based in Somerville, NJ, classified under NTEE code F220. The organization reported total revenue of $1.3M and total assets of $970K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somerset Treatment Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somerset Treatment Services Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-9,495 |
| Total Assets | $979K |
| Total Liabilities | $240K |
| Net Assets | $739K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 24.5% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2023, Somerset Treatment Services Inc reported a deficit of $9K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 24.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Somerset Treatment Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | -12.5% | +2.0% |
| 2022 | +11.3% | -4.9% | -20.9% |
| 2021 | -18.7% | -7.0% | +3.2% |
| 2020 | +0.2% | +3.9% | -1.1% |
| 2019 | -0.3% | +3.7% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Somerset Treatment Services 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, Somerset Treatment Services 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.5%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into their 990 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.
Red Flags
The following concerns were identified during AI analysis of Somerset Treatment Services Inc's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial figures.
- Limited public information on executive compensation without deeper dive into 990s.
Strengths
The following positive indicators were identified for Somerset Treatment Services Inc:
- Consistent revenue generation over several years, indicating stable operations.
- Strong allocation of funds towards programs, suggesting a focus on mission delivery.
- Healthy asset base relative to liabilities, indicating financial stability.
Frequently Asked Questions about Somerset Treatment Services Inc
Is Somerset Treatment Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Somerset Treatment Services Inc (EIN: 222526128) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Somerset Treatment Services Inc spend its money?
Somerset Treatment Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Somerset Treatment Services Inc tax-deductible?
Somerset Treatment Services Inc is registered as a tax-exempt nonprofit (EIN: 222526128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Somerset Treatment Services Inc's spending goes to programs?
Somerset Treatment Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Somerset Treatment Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Somerset Treatment Services Inc is above average for NTEE category F220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Somerset Treatment Services Inc located?
Somerset Treatment Services Inc is headquartered in Somerville, New Jersey and files with the IRS under EIN 222526128. It is classified under NTEE code F220.
How many years of IRS 990 filings does Somerset Treatment Services Inc have?
Somerset Treatment Services 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 $1.3M in total revenue.
What does Somerset Treatment Services Inc do?
Somerset Treatment Services Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Somerville, New Jersey. It is classified under NTEE code F220.
How much revenue does Somerset Treatment Services Inc have?
Somerset Treatment Services Inc reported total revenue of $1,314,689. Based on 13 IRS 990 filings on record.
What are Somerset Treatment Services Inc's total assets?
Somerset Treatment Services Inc holds total assets of $969,808 as reported in IRS 990 filings.
Where is Somerset Treatment Services Inc located?
Somerset Treatment Services Inc is based in Somerville, New Jersey.
What is Somerset Treatment Services Inc's EIN?
Somerset Treatment Services Inc's Employer Identification Number (EIN) is 222526128. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Somerset Treatment Services Inc?
Somerset Treatment Services Inc is classified under NTEE code F220 (Mental Health & Crisis Intervention).
Is Somerset Treatment Services Inc a registered 501(c)(3)?
Yes, Somerset Treatment Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222526128.
Does Somerset Treatment Services Inc file IRS Form 990?
Yes, Somerset Treatment Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Somerset Treatment Services Inc's revenue in 2023?
In the 202306 filing period, Somerset Treatment Services Inc reported total revenue of $1,274,085, total expenses of $1,283,580, and net assets of $978,871.
Is Somerset Treatment Services Inc's revenue growing or declining?
Somerset Treatment Services Inc's revenue is declining. Revenue went from $1,512,073 (202206) to $1,274,085 (202306), a -15.7% change. Based on 13 filings on record.
What is Somerset Treatment Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Somerset Treatment Services Inc covers tax period 202306. It shows revenue of $1,274,085, expenses of $1,283,580, total assets of $978,871, and liabilities of $239,861.
How much does Somerset Treatment Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Somerset Treatment Services Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Somerset Treatment Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Somerset Treatment Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Somerset Treatment Services Inc?
The following concerns were identified: Lack of detailed program impact reporting beyond financial figures.. Limited public information on executive compensation without deeper dive into 990s.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Somerset Treatment Services Inc's strengths?
Positive indicators for Somerset Treatment Services Inc include: Consistent revenue generation over several years, indicating stable operations.. Strong allocation of funds towards programs, suggesting a focus on mission delivery.. Healthy asset base relative to liabilities, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Somerset Treatment Services Inc compensate executives?
Executive compensation details are not explicitly provided in the summary data, making a specific assessment difficult without further investigation into their 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Somerset Treatment Services Inc. maintain a relatively stable revenue stream despite fluctuations in the broader economic environment?
The organization has consistently reported revenues between $1.3 million and $1.6 million over the past several years, suggesting a reliable funding model, potentially through government grants, consistent donor base, or stable service contracts.
What is the trend in the organization's net assets over the past five years?
Net assets have shown some fluctuation. For example, in 2023, assets were $978,871 with liabilities of $239,861, while in 2021, assets were $1,213,471 with liabilities of $510,923. This indicates a generally positive but variable net asset position, warranting closer examination of specific balance sheet items.
Filing History
IRS 990 filing history for Somerset Treatment Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Somerset Treatment Services Inc's revenue has declined by 4%, moving from $1.3M to $1.3M. Total assets increased by 5.1% over the same period, from $932K to $979K. Total functional expenses fell by 2.8%, from $1.3M to $1.3M. In its most recent filing year (2023), Somerset Treatment Services Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $240K in liabilities against $979K in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $739K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $979K | $240K | — | View 990 |
| 2022 | $1.5M | $1.5M | $960K | $212K | — | View 990 |
| 2021 | $1.4M | $1.5M | $1.2M | $511K | — | View 990 |
| 2020 | $1.7M | $1.7M | $1.2M | $290K | — | View 990 |
| 2019 | $1.7M | $1.6M | $1.2M | $316K | — | View 990 |
| 2018 | $1.7M | $1.5M | $1.1M | $339K | — | View 990 |
| 2017 | $1.7M | $1.6M | $1.0M | $375K | — | View 990 |
| 2016 | $1.5M | $1.5M | $995K | $422K | — | View 990 |
| 2015 | $1.4M | $1.5M | $965K | $431K | — | View 990 |
| 2014 | $1.3M | $1.3M | $931K | $395K | — | View 990 |
| 2013 | $1.3M | $1.3M | $906K | $356K | — | View 990 |
| 2012 | $1.4M | $1.4M | $968K | $440K | — | View 990 |
| 2011 | $1.3M | $1.3M | $932K | $399K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $979K (revenue -15.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $960K (revenue +11.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.5M, and assets of $1.2M (revenue -18.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue +0.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue -0.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.5M, and assets of $1.1M (revenue -1.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $1.0M (revenue +12.4% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $995K (revenue +3.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $965K (revenue +12.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $931K (revenue -4.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $906K (revenue -1.3% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $968K (revenue +2.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $932K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somerset Treatment Services Inc:
Data Sources and Methodology
This transparency report for Somerset Treatment Services 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.