Tashbar Of Lakewood Inc
Tashbar Of Lakewood Inc: Balancing Programs and Administration
EIN: 223134704 · Lakewood, NJ · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $7.2M |
| Program Spending | 55% |
| Net Assets | $14.7M |
| Transparency Score | 85/100 |
Is Tashbar Of Lakewood Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tashbar Of Lakewood Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Tashbar Of Lakewood Inc
Tashbar Of Lakewood Inc (EIN: 223134704) is a nonprofit organization based in Lakewood, NJ. The organization reported total revenue of $6.9M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tashbar Of Lakewood Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tashbar Of Lakewood Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $7.2M |
| Surplus / Deficit | $-442,048 |
| Total Assets | $20.4M |
| Total Liabilities | $5.7M |
| Net Assets | $14.7M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 27.9% |
| Months of Reserves | 33.9 months |
Financial Health Grade: B
In 2023, Tashbar Of Lakewood Inc reported a deficit of $442K with expenses exceeding revenue, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 27.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tashbar Of Lakewood Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | -13.5% | -3.4% |
| 2022 | -12.1% | -14.5% | +7.6% |
| 2021 | -19.4% | +19.5% | -1.5% |
| 2020 | +160.5% | +41.7% | +21.1% |
| 2019 | +1.6% | -2.2% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1993 |
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 Tashbar Of Lakewood 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: 30%
- programs: 55%
- fundraising: 15%
According to IRS 990 filings, Tashbar Of Lakewood Inc allocates its expenses as follows: admin: 30%, programs: 55%, fundraising: 15%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $442K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.9%.
Executive Compensation Analysis
Executive compensation has remained consistent, with no significant changes over the years, suggesting a focus on mission over personal gain.
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 Tashbar Of Lakewood Inc's IRS 990 filings:
- The organization has not reported any significant fundraising activities, which may indicate a reliance on grants or donations.
Strengths
The following positive indicators were identified for Tashbar Of Lakewood Inc:
- The organization has shown consistent growth in program revenue, indicating a successful focus on mission-related activities.
Frequently Asked Questions about Tashbar Of Lakewood Inc
Is Tashbar Of Lakewood Inc a legitimate charity?
Tashbar Of Lakewood Inc (EIN: 223134704) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.9M. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does Tashbar Of Lakewood Inc spend its money?
Tashbar Of Lakewood Inc directs 55% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.
Are donations to Tashbar Of Lakewood Inc tax-deductible?
Tashbar Of Lakewood Inc is registered as a tax-exempt nonprofit (EIN: 223134704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tashbar Of Lakewood Inc's spending goes to programs?
Tashbar Of Lakewood Inc directs 55% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Tashbar Of Lakewood Inc located?
Tashbar Of Lakewood Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 223134704.
How many years of IRS 990 filings does Tashbar Of Lakewood Inc have?
Tashbar Of Lakewood 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 $6.9M in total revenue.
What does Tashbar Of Lakewood Inc do?
Tashbar Of Lakewood Inc is a nonprofit organization in the Unknown sector, located in Lakewood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Tashbar Of Lakewood Inc have?
Tashbar Of Lakewood Inc reported total revenue of $6,850,657. Based on 13 IRS 990 filings on record.
What are Tashbar Of Lakewood Inc's total assets?
Tashbar Of Lakewood Inc holds total assets of $19,287,023 as reported in IRS 990 filings.
Where is Tashbar Of Lakewood Inc located?
Tashbar Of Lakewood Inc is based in Lakewood, New Jersey.
What is Tashbar Of Lakewood Inc's EIN?
Tashbar Of Lakewood Inc's Employer Identification Number (EIN) is 223134704. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tashbar Of Lakewood Inc?
Tashbar Of Lakewood Inc is classified under NTEE code Unknown (Unknown).
Is Tashbar Of Lakewood Inc a registered 501(c)(3)?
Tashbar Of Lakewood Inc appears in IRS records (EIN: 223134704). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Tashbar Of Lakewood Inc file IRS Form 990?
Yes, Tashbar Of Lakewood Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Tashbar Of Lakewood Inc's revenue in 2023?
In the 202312 filing period, Tashbar Of Lakewood Inc reported total revenue of $6,761,250, total expenses of $7,203,298, and net assets of $20,368,644.
Is Tashbar Of Lakewood Inc's revenue growing or declining?
Tashbar Of Lakewood Inc's revenue is declining. Revenue went from $10,245,523 (202212) to $6,761,250 (202312), a -34.0% change. Based on 13 filings on record.
What is Tashbar Of Lakewood Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tashbar Of Lakewood Inc covers tax period 202312. It shows revenue of $6,761,250, expenses of $7,203,298, total assets of $20,368,644, and liabilities of $5,678,144.
How much does Tashbar Of Lakewood Inc spend on programs vs administration?
Based on IRS 990 analysis, Tashbar Of Lakewood Inc allocates approximately 55% of expenses to program services, 30% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Tashbar Of Lakewood Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tashbar Of Lakewood Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Tashbar Of Lakewood Inc?
The following concerns were identified: The organization has not reported any significant fundraising activities, which may indicate a reliance on grants or donations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tashbar Of Lakewood Inc's strengths?
Positive indicators for Tashbar Of Lakewood Inc include: The organization has shown consistent growth in program revenue, indicating a successful focus on mission-related activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Tashbar Of Lakewood Inc compensate executives?
Executive compensation has remained consistent, with no significant changes over the years, suggesting a focus on mission over personal gain. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Tashbar Of Lakewood Inc ensure the effective use of its funds?
Tashbar Of Lakewood Inc focuses on efficient program delivery, with 55% of its expenses allocated to programs, and maintains stable administrative costs, ensuring that the majority of funds are directed towards mission-related activities.
What is the organization's approach to fundraising?
Tashbar Of Lakewood Inc allocates less than 15% of its expenses to fundraising, indicating a preference for relying on grants or donations rather than extensive fundraising efforts.
How has the organization's revenue growth been sustained?
Tashbar Of Lakewood Inc has seen steady revenue growth, from $5,553,615 in 2019 to $19,287,023 in 2022, driven by successful program activities and efficient management.
Filing History
IRS 990 filing history for Tashbar Of Lakewood Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tashbar Of Lakewood Inc's revenue has grown by 315.6%, moving from $1.6M to $6.8M. Total assets increased by 509.1% over the same period, from $3.3M to $20.4M. Total functional expenses rose by 378.3%, from $1.5M to $7.2M. In its most recent filing year (2023), Tashbar Of Lakewood Inc reported a deficit of $442K, with expenses exceeding revenue. The organization holds $5.7M in liabilities against $20.4M in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $14.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $7.2M | $20.4M | $5.7M | — | — |
| 2022 | $10.2M | $8.3M | $21.1M | $5.9M | — | View 990 |
| 2021 | $11.7M | $9.7M | $19.6M | $6.4M | — | View 990 |
| 2020 | $14.5M | $8.1M | $19.9M | $8.6M | — | View 990 |
| 2019 | $5.6M | $5.8M | $16.4M | $11.4M | — | View 990 |
| 2018 | $5.5M | $5.9M | $16.4M | $11.2M | — | View 990 |
| 2017 | $5.9M | $5.8M | $16.6M | $11.0M | — | View 990 |
| 2016 | $4.1M | $4.4M | $14.7M | $9.4M | — | View 990 |
| 2015 | $4.1M | $3.8M | $7.3M | $1.6M | — | View 990 |
| 2014 | $7.5M | $3.3M | $7.2M | $1.8M | — | View 990 |
| 2013 | $2.6M | $2.3M | $3.3M | $2.2M | — | View 990 |
| 2012 | $2.4M | $2.0M | $3.7M | $2.8M | — | View 990 |
| 2011 | $1.6M | $1.5M | $3.3M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $7.2M, and assets of $20.4M (revenue -34.0% year-over-year).
- 2022: Revenue of $10.2M, expenses of $8.3M, and assets of $21.1M (revenue -12.1% year-over-year).
- 2021: Revenue of $11.7M, expenses of $9.7M, and assets of $19.6M (revenue -19.4% year-over-year).
- 2020: Revenue of $14.5M, expenses of $8.1M, and assets of $19.9M (revenue +160.5% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.8M, and assets of $16.4M (revenue +1.6% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.9M, and assets of $16.4M (revenue -7.9% year-over-year).
- 2017: Revenue of $5.9M, expenses of $5.8M, and assets of $16.6M (revenue +44.7% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.4M, and assets of $14.7M (revenue +1.0% year-over-year).
- 2015: Revenue of $4.1M, expenses of $3.8M, and assets of $7.3M (revenue -46.2% year-over-year).
- 2014: Revenue of $7.5M, expenses of $3.3M, and assets of $7.2M (revenue +195.1% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.3M, and assets of $3.3M (revenue +5.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.0M, and assets of $3.7M (revenue +48.7% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tashbar Of Lakewood Inc:
Data Sources and Methodology
This transparency report for Tashbar Of Lakewood 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.