United Railroad Historical Society Of New Jersey Inc
United Railroad Historical Society of NJ: Strong Asset Growth, Variable Revenue
EIN: 222867670 · Boonton, NJ · NTEE: A54 · Updated: 2026-04-04
About United Railroad Historical Society Of New Jersey Inc
United Railroad Historical Society Of New Jersey Inc (EIN: 222867670) is a nonprofit organization based in Boonton, NJ, classified under NTEE code A54. The organization reported total revenue of $837K and total assets of $859K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Railroad Historical Society Of New Jersey 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 United Railroad Historical Society Of New Jersey 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, United Railroad Historical Society Of New Jersey Inc 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.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data.
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 United Railroad Historical Society Of New Jersey Inc's IRS 990 filings:
- Revenue has been highly variable, ranging from $16,943 in 2020 to $1,125,450 in 2023, which could indicate reliance on sporadic large donations or grants.
- The provided data lacks specific details on program expenses, making it difficult to fully evaluate the impact of funds.
Strengths
The following positive indicators were identified for United Railroad Historical Society Of New Jersey Inc:
- Consistent growth in assets, nearly tripling from $702,667 in 2016 to $1,978,564 in 2023, indicates strong financial management and investment.
- The organization consistently files financial reports, demonstrating a commitment to transparency over time.
- Zero reported liabilities and debt for all years provided suggests a very healthy balance sheet.
Frequently Asked Questions about United Railroad Historical Society Of New Jersey Inc
What does United Railroad Historical Society Of New Jersey Inc do?
United Railroad Historical Society Of New Jersey Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Boonton, New Jersey. It is classified under NTEE code A54.
How much revenue does United Railroad Historical Society Of New Jersey Inc have?
United Railroad Historical Society Of New Jersey Inc reported total revenue of $837,463. Based on 12 IRS 990 filings on record.
What are United Railroad Historical Society Of New Jersey Inc's total assets?
United Railroad Historical Society Of New Jersey Inc holds total assets of $859,229 as reported in IRS 990 filings.
Where is United Railroad Historical Society Of New Jersey Inc located?
United Railroad Historical Society Of New Jersey Inc is based in Boonton, New Jersey.
What is United Railroad Historical Society Of New Jersey Inc's EIN?
United Railroad Historical Society Of New Jersey Inc's Employer Identification Number (EIN) is 222867670. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is United Railroad Historical Society Of New Jersey Inc?
United Railroad Historical Society Of New Jersey Inc is classified under NTEE code A54 (Arts, Culture & Humanities).
Is United Railroad Historical Society Of New Jersey Inc a registered 501(c)(3)?
Yes, United Railroad Historical Society Of New Jersey Inc is recognized as a tax-exempt organization by the IRS. EIN: 222867670.
Does United Railroad Historical Society Of New Jersey Inc file IRS Form 990?
Yes, United Railroad Historical Society Of New Jersey Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was United Railroad Historical Society Of New Jersey Inc's revenue in 2023?
In the 202303 filing period, United Railroad Historical Society Of New Jersey Inc reported total revenue of $1,125,450, total expenses of $383,769, and net assets of $1,978,564.
Is United Railroad Historical Society Of New Jersey Inc's revenue growing or declining?
United Railroad Historical Society Of New Jersey Inc's revenue is growing. Revenue went from $184,083 (202203) to $1,125,450 (202303), a +511.4% change. Based on 12 filings on record.
What is United Railroad Historical Society Of New Jersey Inc's most recent 990 filing?
The most recent IRS Form 990 filing for United Railroad Historical Society Of New Jersey Inc covers tax period 202303. It shows revenue of $1,125,450, expenses of $383,769, total assets of $1,978,564, and liabilities of N/A.
How much does United Railroad Historical Society Of New Jersey Inc spend on programs vs administration?
Based on IRS 990 analysis, United Railroad Historical Society Of New Jersey Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is United Railroad Historical Society Of New Jersey Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, United Railroad Historical Society Of New Jersey Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for United Railroad Historical Society Of New Jersey Inc?
The following concerns were identified: Revenue has been highly variable, ranging from $16,943 in 2020 to $1,125,450 in 2023, which could indicate reliance on sporadic large donations or grants.. The provided data lacks specific details on program expenses, making it difficult to fully evaluate the impact of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are United Railroad Historical Society Of New Jersey Inc's strengths?
Positive indicators for United Railroad Historical Society Of New Jersey Inc include: Consistent growth in assets, nearly tripling from $702,667 in 2016 to $1,978,564 in 2023, indicates strong financial management and investment.. The organization consistently files financial reports, demonstrating a commitment to transparency over time.. Zero reported liabilities and debt for all years provided suggests a very healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does United Railroad Historical Society Of New Jersey Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant revenue spike in 2023 to $1,125,450, compared to previous years?
The provided data does not specify the source of the 2023 revenue spike, but it could be attributed to a major grant, a large individual donation, or a successful fundraising campaign.
How does the organization manage its substantial asset base, and what is the primary purpose of these assets?
Given the organization's name, it is highly probable that a significant portion of its assets are historical railroad artifacts, equipment, or property, managed for preservation and educational purposes.
Filing History
IRS 990 filing history for United Railroad Historical Society Of New Jersey Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), United Railroad Historical Society Of New Jersey Inc's revenue has grown by 2699.4%, moving from $40K to $1.1M. Total assets increased by 162.2% over the same period, from $755K to $2.0M. Total functional expenses rose by 891.5%, from $39K to $384K. In its most recent filing year (2023), United Railroad Historical Society Of New Jersey Inc reported a surplus of $742K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $384K | $2.0M | $0 | — | View 990 |
| 2022 | $184K | $188K | $1.3M | $0 | — | View 990 |
| 2021 | $74K | $36K | $794K | $0 | — | View 990 |
| 2020 | $17K | $22K | $757K | $0 | — | — |
| 2019 | $79K | $40K | $762K | $0 | — | — |
| 2018 | $49K | $30K | $722K | $0 | — | View 990 |
| 2017 | $56K | $36K | $0 | $0 | — | View 990 |
| 2016 | $29K | $29K | $703K | $0 | — | View 990 |
| 2015 | $50K | $79K | $703K | $0 | — | View 990 |
| 2014 | $53K | $26K | $764K | $0 | — | View 990 |
| 2013 | $20K | $43K | $732K | $0 | — | View 990 |
| 2012 | $40K | $39K | $755K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $384K, and assets of $2.0M (revenue +511.4% year-over-year).
- 2022: Revenue of $184K, expenses of $188K, and assets of $1.3M (revenue +150.1% year-over-year).
- 2021: Revenue of $74K, expenses of $36K, and assets of $794K (revenue +334.4% year-over-year).
- 2020: Revenue of $17K, expenses of $22K, and assets of $757K (revenue -78.5% year-over-year).
- 2019: Revenue of $79K, expenses of $40K, and assets of $762K (revenue +60.0% year-over-year).
- 2018: Revenue of $49K, expenses of $30K, and assets of $722K (revenue -12.6% year-over-year).
- 2017: Revenue of $56K, expenses of $36K, and assets of $0 (revenue +96.0% year-over-year).
- 2016: Revenue of $29K, expenses of $29K, and assets of $703K (revenue -42.0% year-over-year).
- 2015: Revenue of $50K, expenses of $79K, and assets of $703K (revenue -6.9% year-over-year).
- 2014: Revenue of $53K, expenses of $26K, and assets of $764K (revenue +172.7% year-over-year).
- 2013: Revenue of $20K, expenses of $43K, and assets of $732K (revenue -51.3% year-over-year).
- 2012: Revenue of $40K, expenses of $39K, and assets of $755K.
Data Sources and Methodology
This transparency report for United Railroad Historical Society Of New Jersey 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.