The Newark Beth Israel Medical Center Foundation
Newark Beth Israel Medical Center Foundation: Stable Finances, Room for Transparency
EIN: 222587176 · Newark, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $4.8M |
| Program Spending | 80% |
| Net Assets | $13.7M |
| Transparency Score | 75/100 |
Is The Newark Beth Israel Medical Center Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Newark Beth Israel Medical Center Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Newark Beth Israel Medical Center Foundation
The Newark Beth Israel Medical Center Foundation (EIN: 222587176) is a nonprofit organization based in Newark, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Newark Beth Israel Medical Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Newark Beth Israel Medical Center Foundation is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.8M |
| Surplus / Deficit | $-215,634 |
| Total Assets | $14.8M |
| Total Liabilities | $1.1M |
| Net Assets | $13.7M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 36.8 months |
Financial Health Grade: B
In 2015, The Newark Beth Israel Medical Center Foundation reported a deficit of $216K with expenses exceeding revenue, holds 36.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Newark Beth Israel Medical Center Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +14.6% | +105.4% | -9.6% |
| 2014 | +12.8% | -34.5% | +18.2% |
| 2013 | -22.4% | -13.8% | +5.7% |
| 2012 | +22.6% | +103.3% | +9.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Newark Beth Israel Medical Center Foundation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Newark Beth Israel Medical Center Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $216K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, indicating it may be handled by the parent organization or falls below reporting thresholds.
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 Newark Beth Israel Medical Center Foundation:
- Consistently positive net assets over the past five years, demonstrating financial stability.
- Strong revenue generation, with revenues consistently exceeding expenses in most years.
Frequently Asked Questions about The Newark Beth Israel Medical Center Foundation
Is The Newark Beth Israel Medical Center Foundation a legitimate charity?
The Newark Beth Israel Medical Center Foundation (EIN: 222587176) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. No red flags identified. 2 strengths noted. Financial health grade: B.
How does The Newark Beth Israel Medical Center Foundation spend its money?
The Newark Beth Israel Medical Center Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Newark Beth Israel Medical Center Foundation tax-deductible?
The Newark Beth Israel Medical Center Foundation is registered as a tax-exempt nonprofit (EIN: 222587176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Newark Beth Israel Medical Center Foundation's spending goes to programs?
The Newark Beth Israel Medical Center Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Newark Beth Israel Medical Center Foundation located?
The Newark Beth Israel Medical Center Foundation is headquartered in Newark, New Jersey and files with the IRS under EIN 222587176.
How many years of IRS 990 filings does The Newark Beth Israel Medical Center Foundation have?
The Newark Beth Israel Medical Center Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does The Newark Beth Israel Medical Center Foundation do?
The Newark Beth Israel Medical Center Foundation is a nonprofit organization in the Unknown sector, located in Newark, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Newark Beth Israel Medical Center Foundation have?
The Newark Beth Israel Medical Center Foundation reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are The Newark Beth Israel Medical Center Foundation's total assets?
The Newark Beth Israel Medical Center Foundation holds total assets of N/A as reported in IRS 990 filings.
Where is The Newark Beth Israel Medical Center Foundation located?
The Newark Beth Israel Medical Center Foundation is based in Newark, New Jersey.
What is The Newark Beth Israel Medical Center Foundation's EIN?
The Newark Beth Israel Medical Center Foundation's Employer Identification Number (EIN) is 222587176. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Newark Beth Israel Medical Center Foundation?
The Newark Beth Israel Medical Center Foundation is classified under NTEE code Unknown (Unknown).
Is The Newark Beth Israel Medical Center Foundation a registered 501(c)(3)?
The Newark Beth Israel Medical Center Foundation appears in IRS records (EIN: 222587176). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Newark Beth Israel Medical Center Foundation file IRS Form 990?
Yes, The Newark Beth Israel Medical Center Foundation has 5 IRS Form 990 filings on record. The most recent covers tax period 201512.
What was The Newark Beth Israel Medical Center Foundation's revenue in 2015?
In the 201512 filing period, The Newark Beth Israel Medical Center Foundation reported total revenue of $4,604,369, total expenses of $4,820,003, and net assets of $14,787,270.
Is The Newark Beth Israel Medical Center Foundation's revenue growing or declining?
The Newark Beth Israel Medical Center Foundation's revenue is growing. Revenue went from $4,017,607 (201412) to $4,604,369 (201512), a +14.6% change. Based on 5 filings on record.
What is The Newark Beth Israel Medical Center Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Newark Beth Israel Medical Center Foundation covers tax period 201512. It shows revenue of $4,604,369, expenses of $4,820,003, total assets of $14,787,270, and liabilities of $1,080,270.
How much does The Newark Beth Israel Medical Center Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Newark Beth Israel Medical Center Foundation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Newark Beth Israel Medical Center Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Newark Beth Israel Medical Center Foundation appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 2 strengths noted.
What are The Newark Beth Israel Medical Center Foundation's strengths?
Positive indicators for The Newark Beth Israel Medical Center Foundation include: Consistently positive net assets over the past five years, demonstrating financial stability.. Strong revenue generation, with revenues consistently exceeding expenses in most years.. These findings are derived from AI analysis of the organization's financial filings.
How does The Newark Beth Israel Medical Center Foundation compensate executives?
Executive compensation is not reported in the provided filings, indicating it may be handled by the parent organization or falls below reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation's financial health directly impact the medical center's ability to serve the Newark community?
The foundation's consistent asset growth and revenue generation provide a stable funding source that likely supports critical programs and services at the Newark Beth Israel Medical Center, enhancing its capacity to deliver healthcare to the local community.
Filing History
IRS 990 filing history for The Newark Beth Israel Medical Center Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Newark Beth Israel Medical Center Foundation's revenue has grown by 22.9%, moving from $3.7M to $4.6M. Total assets increased by 24% over the same period, from $11.9M to $14.8M. Total functional expenses rose by 135.8%, from $2.0M to $4.8M. In its most recent filing year (2015), The Newark Beth Israel Medical Center Foundation reported a deficit of $216K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $14.8M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $4.6M | $4.8M | $14.8M | $1.1M | — | View 990 |
| 2014 | $4.0M | $2.3M | $16.4M | $1.8M | — | View 990 |
| 2013 | $3.6M | $3.6M | $13.8M | $919K | — | View 990 |
| 2012 | $4.6M | $4.2M | $13.1M | $312K | — | View 990 |
| 2011 | $3.7M | $2.0M | $11.9M | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $4.6M, expenses of $4.8M, and assets of $14.8M (revenue +14.6% year-over-year).
- 2014: Revenue of $4.0M, expenses of $2.3M, and assets of $16.4M (revenue +12.8% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.6M, and assets of $13.8M (revenue -22.4% year-over-year).
- 2012: Revenue of $4.6M, expenses of $4.2M, and assets of $13.1M (revenue +22.6% year-over-year).
- 2011: Revenue of $3.7M, expenses of $2.0M, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Newark Beth Israel Medical Center Foundation:
Data Sources and Methodology
This transparency report for The Newark Beth Israel Medical Center Foundation 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.