The New Jersey Association For College Admission Counseling Inc
NJACAC: Consistent Revenue, High Program Spending, and Strong Transparency
EIN: 222918655 · Wayne, NJ · NTEE: B034 · Updated: 2026-04-04
About The New Jersey Association For College Admission Counseling Inc
The New Jersey Association For College Admission Counseling Inc (EIN: 222918655) is a nonprofit organization based in Wayne, NJ, classified under NTEE code B034. The organization reported total revenue of $295K and total assets of $374K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The New Jersey Association For College Admission Counseling Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The New Jersey Association For College Admission Counseling 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The New Jersey Association For College Admission Counseling Inc 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.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which is positive for donor confidence.
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.
Strengths
The following positive indicators were identified for The New Jersey Association For College Admission Counseling Inc:
- Consistently high percentage of spending on programs (e.g., 90% in 2023 based on expense allocation).
- Stable revenue streams over multiple years, indicating financial resilience.
- Low liabilities (e.g., $1,155 in 2023) relative to assets, suggesting good financial health.
- Clear and consistent financial reporting through annual filings.
Frequently Asked Questions about The New Jersey Association For College Admission Counseling Inc
What does The New Jersey Association For College Admission Counseling Inc do?
The New Jersey Association For College Admission Counseling Inc is a nonprofit organization in the Education sector, located in Wayne, New Jersey. It is classified under NTEE code B034.
How much revenue does The New Jersey Association For College Admission Counseling Inc have?
The New Jersey Association For College Admission Counseling Inc reported total revenue of $294,548. Based on 13 IRS 990 filings on record.
What are The New Jersey Association For College Admission Counseling Inc's total assets?
The New Jersey Association For College Admission Counseling Inc holds total assets of $373,872 as reported in IRS 990 filings.
Where is The New Jersey Association For College Admission Counseling Inc located?
The New Jersey Association For College Admission Counseling Inc is based in Wayne, New Jersey.
What is The New Jersey Association For College Admission Counseling Inc's EIN?
The New Jersey Association For College Admission Counseling Inc's Employer Identification Number (EIN) is 222918655. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The New Jersey Association For College Admission Counseling Inc?
The New Jersey Association For College Admission Counseling Inc is classified under NTEE code B034 (Education).
Is The New Jersey Association For College Admission Counseling Inc a registered 501(c)(3)?
Yes, The New Jersey Association For College Admission Counseling Inc is recognized as a tax-exempt organization by the IRS. EIN: 222918655.
Does The New Jersey Association For College Admission Counseling Inc file IRS Form 990?
Yes, The New Jersey Association For College Admission Counseling Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The New Jersey Association For College Admission Counseling Inc's revenue in 2023?
In the 202312 filing period, The New Jersey Association For College Admission Counseling Inc reported total revenue of $263,150, total expenses of $273,101, and net assets of $358,978.
Is The New Jersey Association For College Admission Counseling Inc's revenue growing or declining?
The New Jersey Association For College Admission Counseling Inc's revenue is relatively stable. Revenue went from $254,487 (202212) to $263,150 (202312), a +3.4% change. Based on 13 filings on record.
What is The New Jersey Association For College Admission Counseling Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The New Jersey Association For College Admission Counseling Inc covers tax period 202312. It shows revenue of $263,150, expenses of $273,101, total assets of $358,978, and liabilities of $1,151.
How much does The New Jersey Association For College Admission Counseling Inc spend on programs vs administration?
Based on IRS 990 analysis, The New Jersey Association For College Admission Counseling Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The New Jersey Association For College Admission Counseling Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The New Jersey Association For College Admission Counseling Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are The New Jersey Association For College Admission Counseling Inc's strengths?
Positive indicators for The New Jersey Association For College Admission Counseling Inc include: Consistently high percentage of spending on programs (e.g., 90% in 2023 based on expense allocation).. Stable revenue streams over multiple years, indicating financial resilience.. Low liabilities (e.g., $1,155 in 2023) relative to assets, suggesting good financial health.. Clear and consistent financial reporting through annual filings.. These findings are derived from AI analysis of the organization's financial filings.
How does The New Jersey Association For College Admission Counseling Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which is positive for donor confidence. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The New Jersey Association For College Admission Counseling Inc?
• 2023 filings show total expenses of $273,101, with a significant portion dedicated to program services. • The organization consistently reports its financial data annually, demonstrating a commitment to public accountability. • Detailed financial statements are available, allowing for a clear understanding of revenue and expenditure trends. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization manage to maintain such a high program spending ratio given its revenue fluctuations?
The organization appears to effectively manage its operational costs and administrative overhead, allowing a large portion of its revenue to directly support its programs, even during periods of revenue change. The 'c0%' for compensation also contributes to this efficiency.
What specific initiatives or programs are supported by the consistent program spending?
While the data doesn't specify individual programs, the organization's name, 'The New Jersey Association For College Admission Counseling Inc,' suggests that the program spending likely supports initiatives related to college admissions counseling, workshops, and resources for students and educators in New Jersey.
Filing History
IRS 990 filing history for The New Jersey Association For College Admission Counseling Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), The New Jersey Association For College Admission Counseling Inc's revenue has declined by 23.1%, moving from $342K to $263K. Total assets increased by 132.7% over the same period, from $154K to $359K. Total functional expenses fell by 24.3%, from $361K to $273K. In its most recent filing year (2023), The New Jersey Association For College Admission Counseling Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1K in liabilities against $359K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $358K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $273K | $359K | $1K | — | — |
| 2022 | $254K | $303K | $370K | $2K | — | View 990 |
| 2021 | $78K | $50K | $418K | $1K | — | View 990 |
| 2021 | $75K | $74K | $390K | $2K | — | View 990 |
| 2020 | $243K | $259K | $390K | $2K | — | View 990 |
| 2019 | $433K | $431K | $406K | $3K | — | View 990 |
| 2018 | $373K | $362K | $406K | $4K | — | — |
| 2017 | $418K | $440K | $392K | $1K | — | View 990 |
| 2016 | $428K | $355K | $418K | $4K | — | View 990 |
| 2015 | $389K | $283K | $342K | $2K | — | View 990 |
| 2014 | $472K | $373K | $256K | $694 | — | View 990 |
| 2013 | $395K | $473K | $76K | $950 | — | View 990 |
| 2012 | $342K | $361K | $154K | $568 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $273K, and assets of $359K (revenue +3.4% year-over-year).
- 2022: Revenue of $254K, expenses of $303K, and assets of $370K (revenue +225.3% year-over-year).
- 2021: Revenue of $78K, expenses of $50K, and assets of $418K (revenue +5.0% year-over-year).
- 2021: Revenue of $75K, expenses of $74K, and assets of $390K (revenue -69.4% year-over-year).
- 2020: Revenue of $243K, expenses of $259K, and assets of $390K (revenue -43.8% year-over-year).
- 2019: Revenue of $433K, expenses of $431K, and assets of $406K (revenue +16.1% year-over-year).
- 2018: Revenue of $373K, expenses of $362K, and assets of $406K (revenue -10.8% year-over-year).
- 2017: Revenue of $418K, expenses of $440K, and assets of $392K (revenue -2.3% year-over-year).
- 2016: Revenue of $428K, expenses of $355K, and assets of $418K (revenue +10.2% year-over-year).
- 2015: Revenue of $389K, expenses of $283K, and assets of $342K (revenue -17.7% year-over-year).
- 2014: Revenue of $472K, expenses of $373K, and assets of $256K (revenue +19.5% year-over-year).
- 2013: Revenue of $395K, expenses of $473K, and assets of $76K (revenue +15.4% year-over-year).
- 2012: Revenue of $342K, expenses of $361K, and assets of $154K.
Data Sources and Methodology
This transparency report for The New Jersey Association For College Admission Counseling 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.