Talmudic Research Center Of Northern New Jersey
Talmudic Research Center: Consistent Operations, Modest Growth
EIN: 222041389 · Passaic Park, NJ · NTEE: B58Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $6.3M |
| Program Spending | 75% |
| Net Assets | $5.0M |
| Transparency Score | 75/100 |
Is Talmudic Research Center Of Northern New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Talmudic Research Center Of Northern New Jersey directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Talmudic Research Center Of Northern New Jersey
Talmudic Research Center Of Northern New Jersey (EIN: 222041389) is a nonprofit organization based in Passaic Park, NJ, classified under NTEE code B58Z. The organization reported total revenue of $6.5M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Talmudic Research Center Of Northern New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Talmudic Research Center Of Northern New Jersey is a mid-size nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $6.3M |
| Surplus / Deficit | $-346,810 |
| Total Assets | $5.7M |
| Total Liabilities | $692K |
| Net Assets | $5.0M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Talmudic Research Center Of Northern New Jersey reported a deficit of $347K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Talmudic Research Center Of Northern New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +15.8% | -6.9% |
| 2022 | +0.7% | +16.1% | -2.1% |
| 2021 | +14.4% | +4.9% | +8.9% |
| 2020 | -2.4% | -2.7% | +1.3% |
| 2019 | -23.5% | -23.5% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Talmudic Research Center Of Northern New Jersey 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Talmudic Research Center Of Northern New Jersey allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $347K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess specific amounts or reasonableness.
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 Talmudic Research Center Of Northern New Jersey's IRS 990 filings:
- Lack of detailed program descriptions or impact reporting makes it difficult to assess the effectiveness of their mission beyond financial figures.
- The 'c0%' in the financial filings, likely indicating no compensation, could be a red flag if key personnel are indeed working without reported pay, or if compensation is being reported elsewhere.
Strengths
The following positive indicators were identified for Talmudic Research Center Of Northern New Jersey:
- Consistent revenue generation and asset base over several years, demonstrating financial stability.
- Low liabilities relative to assets, suggesting a healthy financial position.
- Steady growth in revenue from $3,376,485 in 2016 to $6,474,541 in 2023, indicating increasing support or operational scale.
Frequently Asked Questions about Talmudic Research Center Of Northern New Jersey
Is Talmudic Research Center Of Northern New Jersey a legitimate charity?
Talmudic Research Center Of Northern New Jersey (EIN: 222041389) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $6.5M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Talmudic Research Center Of Northern New Jersey spend its money?
Talmudic Research Center Of Northern New Jersey directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Talmudic Research Center Of Northern New Jersey tax-deductible?
Talmudic Research Center Of Northern New Jersey is registered as a tax-exempt nonprofit (EIN: 222041389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Talmudic Research Center Of Northern New Jersey's spending goes to programs?
Talmudic Research Center Of Northern New Jersey directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Talmudic Research Center Of Northern New Jersey compare to similar nonprofits?
With a transparency score of 75/100 (Good), Talmudic Research Center Of Northern New Jersey is above average for NTEE category B58Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Talmudic Research Center Of Northern New Jersey located?
Talmudic Research Center Of Northern New Jersey is headquartered in Passaic Park, New Jersey and files with the IRS under EIN 222041389. It is classified under NTEE code B58Z.
How many years of IRS 990 filings does Talmudic Research Center Of Northern New Jersey have?
Talmudic Research Center Of Northern New Jersey has 12 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 $6.5M in total revenue.
What does Talmudic Research Center Of Northern New Jersey do?
Talmudic Research Center Of Northern New Jersey is a nonprofit organization in the Education sector, located in Passaic Park, New Jersey. It is classified under NTEE code B58Z.
How much revenue does Talmudic Research Center Of Northern New Jersey have?
Talmudic Research Center Of Northern New Jersey reported total revenue of $6,474,541. Based on 12 IRS 990 filings on record.
What are Talmudic Research Center Of Northern New Jersey's total assets?
Talmudic Research Center Of Northern New Jersey holds total assets of $5,315,439 as reported in IRS 990 filings.
Where is Talmudic Research Center Of Northern New Jersey located?
Talmudic Research Center Of Northern New Jersey is based in Passaic Park, New Jersey.
What is Talmudic Research Center Of Northern New Jersey's EIN?
Talmudic Research Center Of Northern New Jersey's Employer Identification Number (EIN) is 222041389. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Talmudic Research Center Of Northern New Jersey?
Talmudic Research Center Of Northern New Jersey is classified under NTEE code B58Z (Education).
Is Talmudic Research Center Of Northern New Jersey a registered 501(c)(3)?
Yes, Talmudic Research Center Of Northern New Jersey is recognized as a tax-exempt organization by the IRS. EIN: 222041389.
Does Talmudic Research Center Of Northern New Jersey file IRS Form 990?
Yes, Talmudic Research Center Of Northern New Jersey has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Talmudic Research Center Of Northern New Jersey's revenue in 2023?
In the 202306 filing period, Talmudic Research Center Of Northern New Jersey reported total revenue of $5,928,682, total expenses of $6,275,492, and net assets of $5,700,341.
Is Talmudic Research Center Of Northern New Jersey's revenue growing or declining?
Talmudic Research Center Of Northern New Jersey's revenue is growing. Revenue went from $5,237,240 (202206) to $5,928,682 (202306), a +13.2% change. Based on 12 filings on record.
What is Talmudic Research Center Of Northern New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Talmudic Research Center Of Northern New Jersey covers tax period 202306. It shows revenue of $5,928,682, expenses of $6,275,492, total assets of $5,700,341, and liabilities of $692,000.
How much does Talmudic Research Center Of Northern New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Talmudic Research Center Of Northern New Jersey allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Talmudic Research Center Of Northern New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Talmudic Research Center Of Northern New Jersey appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Talmudic Research Center Of Northern New Jersey?
The following concerns were identified: Lack of detailed program descriptions or impact reporting makes it difficult to assess the effectiveness of their mission beyond financial figures.. The 'c0%' in the financial filings, likely indicating no compensation, could be a red flag if key personnel are indeed working without reported pay, or if compensation is being reported elsewhere.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Talmudic Research Center Of Northern New Jersey's strengths?
Positive indicators for Talmudic Research Center Of Northern New Jersey include: Consistent revenue generation and asset base over several years, demonstrating financial stability.. Low liabilities relative to assets, suggesting a healthy financial position.. Steady growth in revenue from $3,376,485 in 2016 to $6,474,541 in 2023, indicating increasing support or operational scale.. These findings are derived from AI analysis of the organization's financial filings.
How does Talmudic Research Center Of Northern New Jersey compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making it impossible to assess specific amounts or reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation across all years, how are key leadership and operational roles compensated, and is this reflected in other expense categories?
The consistent 'c0%' for compensation suggests either a fully volunteer-run organization at the leadership level, or that compensation is being reported under other expense categories (e.g., 'other expenses' or 'program expenses') without explicit disclosure. This warrants further investigation into their Form 990s for detailed breakdowns.
What specific 'Talmudic Research' programs or activities does the center undertake, and how do these align with their reported expenses?
The provided data only offers high-level financial figures. To understand the alignment between programs and expenses, one would need to review their Form 990, specifically Schedule O and Part III, to identify detailed program service accomplishments and their associated costs.
Filing History
IRS 990 filing history for Talmudic Research Center Of Northern New Jersey showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Talmudic Research Center Of Northern New Jersey's revenue has grown by 35.6%, moving from $4.4M to $5.9M. Total assets increased by 23.4% over the same period, from $4.6M to $5.7M. Total functional expenses rose by 87.1%, from $3.4M to $6.3M. In its most recent filing year (2023), Talmudic Research Center Of Northern New Jersey reported a deficit of $347K, with expenses exceeding revenue. The organization holds $692K in liabilities against $5.7M in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $6.3M | $5.7M | $692K | — | — |
| 2022 | $5.2M | $5.4M | $6.1M | $769K | — | View 990 |
| 2021 | $5.2M | $4.7M | $6.3M | $720K | — | View 990 |
| 2020 | $4.5M | $4.4M | $5.7M | $744K | — | View 990 |
| 2019 | $4.7M | $4.6M | $5.7M | $769K | — | View 990 |
| 2018 | $6.1M | $6.0M | $5.6M | $784K | — | View 990 |
| 2017 | $4.9M | $4.1M | $5.8M | $1.1M | — | View 990 |
| 2016 | $3.4M | $3.2M | $4.9M | $962K | — | View 990 |
| 2015 | $3.9M | $3.4M | $4.9M | $1.2M | — | View 990 |
| 2014 | $4.1M | $4.1M | $5.0M | $1.8M | — | View 990 |
| 2013 | $4.1M | $4.1M | $4.9M | $1.6M | — | View 990 |
| 2012 | $4.4M | $3.4M | $4.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $6.3M, and assets of $5.7M (revenue +13.2% year-over-year).
- 2022: Revenue of $5.2M, expenses of $5.4M, and assets of $6.1M (revenue +0.7% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.7M, and assets of $6.3M (revenue +14.4% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.4M, and assets of $5.7M (revenue -2.4% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.6M, and assets of $5.7M (revenue -23.5% year-over-year).
- 2018: Revenue of $6.1M, expenses of $6.0M, and assets of $5.6M (revenue +25.5% year-over-year).
- 2017: Revenue of $4.9M, expenses of $4.1M, and assets of $5.8M (revenue +43.8% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.2M, and assets of $4.9M (revenue -14.1% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.4M, and assets of $4.9M (revenue -3.4% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $5.0M (revenue -1.2% year-over-year).
- 2013: Revenue of $4.1M, expenses of $4.1M, and assets of $4.9M (revenue -5.8% year-over-year).
- 2012: Revenue of $4.4M, expenses of $3.4M, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Talmudic Research Center Of Northern New Jersey:
Data Sources and Methodology
This transparency report for Talmudic Research Center Of Northern New Jersey 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.