South Ward Alliance
EIN: 471202863 · Newark, NJ · NTEE: O99
| Metric | Value |
|---|---|
| Total Revenue | $10.8M |
| Total Expenses | $11.7M |
| Net Assets | $941K |
Is South Ward Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About South Ward Alliance
South Ward Alliance (EIN: 471202863) is a nonprofit organization based in Newark, NJ, classified under NTEE code O99. The organization reported total revenue of $10.8M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Ward Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Ward Alliance is a large nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 41.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $11.7M |
| Surplus / Deficit | $-816,770 |
| Total Assets | $3.9M |
| Total Liabilities | $3.0M |
| Net Assets | $941K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 76.0% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, South Ward Alliance reported a deficit of $817K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 76.0% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), South Ward Alliance's revenue has grown at a compound annual growth rate (CAGR) of 41.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.5% | +59.4% | -18.6% |
| 2022 | +17.7% | +12.0% | +79.3% |
| 2021 | -3.7% | +5.9% | +1.5% |
| 2020 | -33.7% | -29.8% | +12.2% |
| 2019 | +671.9% | +661.0% | +711.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for South Ward Alliance has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Ward Alliance with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $817K, with expenses exceeding revenue.
- Debt-to-asset ratio: 76.0%.
Frequently Asked Questions about South Ward Alliance
Is South Ward Alliance a legitimate charity?
South Ward Alliance (EIN: 471202863) is a registered tax-exempt nonprofit based in New Jersey. It has 8 years of IRS 990 filings on record. Total revenue: $10.8M. No red flags identified. Financial health grade: C.
How does South Ward Alliance spend its money?
South Ward Alliance reported $10.8M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to South Ward Alliance tax-deductible?
South Ward Alliance is registered as a tax-exempt nonprofit (EIN: 471202863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is South Ward Alliance located?
South Ward Alliance is headquartered in Newark, New Jersey and files with the IRS under EIN 471202863. It is classified under NTEE code O99.
How many years of IRS 990 filings does South Ward Alliance have?
South Ward Alliance has 8 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 $10.8M in total revenue.
Filing History
IRS 990 filing history for South Ward Alliance showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), South Ward Alliance's revenue has grown by 1033.8%, moving from $961K to $10.9M. Total assets increased by 1027.9% over the same period, from $347K to $3.9M. Total functional expenses rose by 1594.1%, from $691K to $11.7M. In its most recent filing year (2023), South Ward Alliance reported a deficit of $817K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $3.9M in assets (debt-to-asset ratio: 76.0%), resulting in net assets of $941K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $11.7M | $3.9M | $3.0M | — | View 990 |
| 2022 | $7.6M | $7.3M | $4.8M | $3.1M | — | View 990 |
| 2021 | $6.5M | $6.6M | $2.7M | $965K | — | View 990 |
| 2020 | $6.7M | $6.2M | $2.6M | $768K | — | View 990 |
| 2019 | $10.1M | $8.8M | $2.4M | $987K | — | View 990 |
| 2018 | $1.3M | $1.2M | $290K | $198K | — | View 990 |
| 2017 | $424K | $749K | $70K | $126K | — | — |
| 2016 | $961K | $691K | $347K | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $11.7M, and assets of $3.9M (revenue +43.5% year-over-year).
- 2022: Revenue of $7.6M, expenses of $7.3M, and assets of $4.8M (revenue +17.7% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.6M, and assets of $2.7M (revenue -3.7% year-over-year).
- 2020: Revenue of $6.7M, expenses of $6.2M, and assets of $2.6M (revenue -33.7% year-over-year).
- 2019: Revenue of $10.1M, expenses of $8.8M, and assets of $2.4M (revenue +671.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $290K (revenue +208.7% year-over-year).
- 2017: Revenue of $424K, expenses of $749K, and assets of $70K (revenue -55.9% year-over-year).
- 2016: Revenue of $961K, expenses of $691K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Ward Alliance:
Data Sources and Methodology
This transparency report for South Ward Alliance 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.