Trenton Downtown Association Inc
Trenton Downtown Association: Consistent Revenue, Fluctuating Efficiency
EIN: 222716244 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $877K |
| Program Spending | 70% |
| Net Assets | $779K |
| Transparency Score | 75/100 |
Is Trenton Downtown Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trenton Downtown Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Trenton Downtown Association Inc
Trenton Downtown Association Inc (EIN: 222716244) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $1.0M and total assets of $867K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trenton Downtown Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trenton Downtown Association Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $877K |
| Surplus / Deficit | +$167K |
| Total Assets | $845K |
| Total Liabilities | $67K |
| Net Assets | $779K |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Trenton Downtown Association Inc reported a surplus of $167K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trenton Downtown Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +6.1% | +29.5% |
| 2022 | -7.8% | -14.2% | +13.7% |
| 2021 | -3.5% | -11.1% | +3.5% |
| 2020 | -8.8% | +5.8% | -10.5% |
| 2019 | +15.4% | +7.8% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1987 |
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 Trenton Downtown Association Inc 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: 70%
- fundraising: 15%
According to IRS 990 filings, Trenton Downtown Association Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided summary data, making a specific assessment difficult without further access to Form 990 Part VII information.
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 Trenton Downtown Association Inc's IRS 990 filings:
- The organization consistently reports 'c0%' for compensation, which could indicate reliance on volunteers or a lack of transparency regarding paid staff compensation.
- Net assets have shown some fluctuation, decreasing from $620,082 in 2019 to $574,449 in 2021, before recovering to $866,878 in 2023, suggesting periods of operational strain or strategic investment.
Strengths
The following positive indicators were identified for Trenton Downtown Association Inc:
- Consistent revenue generation, generally around $900,000 - $1,100,000 annually, indicates stable donor or grant support.
- Significant growth in net assets from $652,944 in 2022 to $866,878 in 2023, demonstrating improved financial health.
- Long operational history with consistent filings since at least 2016, suggesting organizational stability.
Frequently Asked Questions about Trenton Downtown Association Inc
Is Trenton Downtown Association Inc a legitimate charity?
Trenton Downtown Association Inc (EIN: 222716244) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Trenton Downtown Association Inc spend its money?
Trenton Downtown Association Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Trenton Downtown Association Inc tax-deductible?
Trenton Downtown Association Inc is registered as a tax-exempt nonprofit (EIN: 222716244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trenton Downtown Association Inc's spending goes to programs?
Trenton Downtown Association Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Trenton Downtown Association Inc located?
Trenton Downtown Association Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 222716244.
How many years of IRS 990 filings does Trenton Downtown Association Inc have?
Trenton Downtown Association 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 $1.0M in total revenue.
What does Trenton Downtown Association Inc do?
Trenton Downtown Association Inc is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Trenton Downtown Association Inc have?
Trenton Downtown Association Inc reported total revenue of $1,040,613. Based on 13 IRS 990 filings on record.
What are Trenton Downtown Association Inc's total assets?
Trenton Downtown Association Inc holds total assets of $866,878 as reported in IRS 990 filings.
Where is Trenton Downtown Association Inc located?
Trenton Downtown Association Inc is based in Trenton, New Jersey.
What is Trenton Downtown Association Inc's EIN?
Trenton Downtown Association Inc's Employer Identification Number (EIN) is 222716244. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trenton Downtown Association Inc?
Trenton Downtown Association Inc is classified under NTEE code Unknown (Unknown).
Is Trenton Downtown Association Inc a registered 501(c)(3)?
Trenton Downtown Association Inc appears in IRS records (EIN: 222716244). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Trenton Downtown Association Inc file IRS Form 990?
Yes, Trenton Downtown Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Trenton Downtown Association Inc's revenue in 2023?
In the 202306 filing period, Trenton Downtown Association Inc reported total revenue of $1,043,979, total expenses of $876,813, and net assets of $845,449.
Is Trenton Downtown Association Inc's revenue growing or declining?
Trenton Downtown Association Inc's revenue is growing. Revenue went from $905,563 (202206) to $1,043,979 (202306), a +15.3% change. Based on 13 filings on record.
What is Trenton Downtown Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Trenton Downtown Association Inc covers tax period 202306. It shows revenue of $1,043,979, expenses of $876,813, total assets of $845,449, and liabilities of $66,675.
How much does Trenton Downtown Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Trenton Downtown Association Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Trenton Downtown Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Trenton Downtown Association Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Trenton Downtown Association Inc?
The following concerns were identified: The organization consistently reports 'c0%' for compensation, which could indicate reliance on volunteers or a lack of transparency regarding paid staff compensation.. Net assets have shown some fluctuation, decreasing from $620,082 in 2019 to $574,449 in 2021, before recovering to $866,878 in 2023, suggesting periods of operational strain or strategic investment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Trenton Downtown Association Inc's strengths?
Positive indicators for Trenton Downtown Association Inc include: Consistent revenue generation, generally around $900,000 - $1,100,000 annually, indicates stable donor or grant support.. Significant growth in net assets from $652,944 in 2022 to $866,878 in 2023, demonstrating improved financial health.. Long operational history with consistent filings since at least 2016, suggesting organizational stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Trenton Downtown Association Inc compensate executives?
Executive compensation is not explicitly detailed in the provided summary data, making a specific assessment difficult without further access to Form 990 Part VII information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Trenton Downtown Association Inc?
• Financial statements are publicly available through IRS Form 990 filings. • The organization consistently reports zero compensation for non-key employees, which may warrant further investigation into volunteer reliance or reporting practices. • Detailed program breakdowns are not immediately apparent from summary financial data, making it difficult to assess specific impact areas. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' for compensation, how does Trenton Downtown Association Inc. manage its operational staffing and what is the true cost of its human capital?
The consistent reporting of 'c0%' for compensation suggests a heavy reliance on volunteers or that compensation is categorized under other expense lines not immediately visible in the summary data. A deeper dive into Form 990, Part VII, Statement of Functional Expenses, and Schedule J would be necessary to understand the true human capital costs and staffing model.
What factors contributed to the significant increase in assets from $652,944 in 2022 to $866,878 in 2023?
The substantial increase in assets from 2022 to 2023 could be due to a combination of factors such as successful fundraising campaigns, significant grants received, or efficient management of expenses leading to a surplus. Without more detailed financial statements, the exact drivers remain speculative.
Filing History
IRS 990 filing history for Trenton Downtown Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trenton Downtown Association Inc's revenue has grown by 44.9%, moving from $721K to $1.0M. Total assets increased by 75.4% over the same period, from $482K to $845K. Total functional expenses rose by 22.8%, from $714K to $877K. In its most recent filing year (2023), Trenton Downtown Association Inc reported a surplus of $167K, with revenue exceeding expenses. The organization holds $67K in liabilities against $845K in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $779K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $877K | $845K | $67K | — | — |
| 2022 | $906K | $826K | $653K | $58K | — | View 990 |
| 2021 | $982K | $963K | $574K | $59K | — | View 990 |
| 2020 | $1.0M | $1.1M | $555K | $58K | — | View 990 |
| 2019 | $1.1M | $1.0M | $620K | $58K | — | View 990 |
| 2018 | $967K | $949K | $527K | $59K | — | View 990 |
| 2017 | $913K | $832K | $498K | $47K | — | View 990 |
| 2016 | $897K | $948K | $553K | $36K | — | View 990 |
| 2015 | $805K | $894K | $601K | $33K | — | View 990 |
| 2014 | $752K | $837K | $702K | $45K | — | View 990 |
| 2013 | $818K | $734K | $791K | $36K | — | View 990 |
| 2012 | $797K | $609K | $718K | $81K | — | View 990 |
| 2011 | $721K | $714K | $482K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $877K, and assets of $845K (revenue +15.3% year-over-year).
- 2022: Revenue of $906K, expenses of $826K, and assets of $653K (revenue -7.8% year-over-year).
- 2021: Revenue of $982K, expenses of $963K, and assets of $574K (revenue -3.5% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $555K (revenue -8.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $620K (revenue +15.4% year-over-year).
- 2018: Revenue of $967K, expenses of $949K, and assets of $527K (revenue +6.0% year-over-year).
- 2017: Revenue of $913K, expenses of $832K, and assets of $498K (revenue +1.7% year-over-year).
- 2016: Revenue of $897K, expenses of $948K, and assets of $553K (revenue +11.4% year-over-year).
- 2015: Revenue of $805K, expenses of $894K, and assets of $601K (revenue +7.0% year-over-year).
- 2014: Revenue of $752K, expenses of $837K, and assets of $702K (revenue -8.1% year-over-year).
- 2013: Revenue of $818K, expenses of $734K, and assets of $791K (revenue +2.6% year-over-year).
- 2012: Revenue of $797K, expenses of $609K, and assets of $718K (revenue +10.7% year-over-year).
- 2011: Revenue of $721K, expenses of $714K, and assets of $482K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trenton Downtown Association Inc:
Data Sources and Methodology
This transparency report for Trenton Downtown Association 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.