South Brunswick Community Development Corporation

Is South Brunswick Community Development Corporation Legit?

Some Concerns

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

South Brunswick Community Development Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About South Brunswick Community Development Corporation

South Brunswick Community Development Corporation (EIN: 222220531) is a nonprofit organization based in Kendall Park, NJ, classified under NTEE code L200. The organization reported total revenue of $1.3M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Brunswick Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

South Brunswick Community Development Corporation is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, South Brunswick Community Development Corporation reported a surplus of $92K with revenue exceeding expenses, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 104.4% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), South Brunswick Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.

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 South Brunswick Community Development Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, South Brunswick Community Development Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $92K, with revenue exceeding expenses.
• Debt-to-asset ratio: 104.4%.

Executive Compensation Analysis

Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with over $1 million in annual revenue and warrants further inquiry into how leadership is compensated or if services are entirely volunteer-based.

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 South Brunswick Community Development Corporation's IRS 990 filings:

• Consistent reporting of 0% compensation for all years (2016-2023) raises questions about leadership structure and compensation practices.
• Total liabilities consistently exceed total assets (e.g., $6,105,551 liabilities vs. $5,848,060 assets in 2023), indicating potential long-term financial instability.
• The organization's net assets are consistently negative, suggesting a persistent deficit.

Strengths

The following positive indicators were identified for South Brunswick Community Development Corporation:

• Consistent revenue generation over an eight-year period, averaging over $1.1 million annually.
• Stable expenditure levels, suggesting predictable operational costs.
• Long operational history (indicated by data spanning 2016-2023) points to established community presence.

Frequently Asked Questions about South Brunswick Community Development Corporation

Filing History

IRS 990 filing history for South Brunswick Community Development Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), South Brunswick Community Development Corporation's revenue has grown by 2.7%, moving from $1.2M to $1.2M. Total assets increased by 130.1% over the same period, from $2.5M to $5.8M. Total functional expenses rose by 16.8%, from $948K to $1.1M. In its most recent filing year (2023), South Brunswick Community Development Corporation reported a surplus of $92K, with revenue exceeding expenses. The organization holds $6.1M in liabilities against $5.8M in assets (debt-to-asset ratio: 104.4%), resulting in net assets of $-257,491.

Year-by-Year Financial Summary

• 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $5.8M (revenue +5.8% year-over-year).
• 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $5.7M (revenue -2.6% year-over-year).
• 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $6.0M (revenue +2.4% year-over-year).
• 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $6.1M (revenue -14.4% year-over-year).
• 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $5.9M (revenue +16.7% year-over-year).
• 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $5.9M (revenue +2.8% year-over-year).
• 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $5.9M (revenue -1.1% year-over-year).
• 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $5.9M (revenue -17.4% year-over-year).
• 2015: Revenue of $1.4M, expenses of $1.0M, and assets of $5.7M (revenue +18.3% year-over-year).
• 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $5.4M (revenue +6.7% year-over-year).
• 2013: Revenue of $1.1M, expenses of $977K, and assets of $5.3M (revenue -13.1% year-over-year).
• 2012: Revenue of $1.2M, expenses of $901K, and assets of $5.2M (revenue +5.7% year-over-year).
• 2011: Revenue of $1.2M, expenses of $948K, and assets of $2.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for South Brunswick Community Development Corporation:

Data Sources and Methodology

This transparency report for South Brunswick Community Development Corporation 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.