Upper Greenwood Property Owners Association Inc
Upper Greenwood Property Owners Association: Stable Finances, Low Overhead
EIN: 221832020 · Hewitt, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $716K |
| Program Spending | 85% |
| Net Assets | $2.9M |
| Transparency Score | 75/100 |
Is Upper Greenwood Property Owners Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Upper Greenwood Property Owners Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Upper Greenwood Property Owners Association Inc
Upper Greenwood Property Owners Association Inc (EIN: 221832020) is a nonprofit organization based in Hewitt, NJ. The organization reported total revenue of $871K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Upper Greenwood Property Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Upper Greenwood Property Owners Association Inc is a small nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $788K |
| Total Expenses | $716K |
| Surplus / Deficit | +$72K |
| Total Assets | $3.4M |
| Total Liabilities | $584K |
| Net Assets | $2.9M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 57.6 months |
Financial Health Grade: A
In 2023, Upper Greenwood Property Owners Association Inc reported a surplus of $72K with revenue exceeding expenses, holds 57.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Upper Greenwood Property Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +18.3% | +2.2% |
| 2022 | +6.8% | -5.5% | -2.1% |
| 2021 | +3.7% | +7.3% | +2.9% |
| 2020 | +2.0% | -9.7% | +37.7% |
| 2019 | +0.9% | +4.0% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Upper Greenwood Property Owners 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Upper Greenwood Property Owners Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold for individual officers, directors, trustees, or key employees.
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 Upper Greenwood Property Owners Association Inc:
- Consistent revenue generation over several years, with 2023 revenue at $787,871.
- Healthy asset growth, reaching $3,496,091 in 2023.
- Low liabilities relative to assets, with $583,650 in 2023.
- Expenses consistently below revenue, indicating financial stability.
Frequently Asked Questions about Upper Greenwood Property Owners Association Inc
Is Upper Greenwood Property Owners Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Upper Greenwood Property Owners Association Inc (EIN: 221832020) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Upper Greenwood Property Owners Association Inc spend its money?
Upper Greenwood Property Owners Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Upper Greenwood Property Owners Association Inc tax-deductible?
Upper Greenwood Property Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 221832020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Upper Greenwood Property Owners Association Inc's spending goes to programs?
Upper Greenwood Property Owners Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Upper Greenwood Property Owners Association Inc located?
Upper Greenwood Property Owners Association Inc is headquartered in Hewitt, New Jersey and files with the IRS under EIN 221832020.
How many years of IRS 990 filings does Upper Greenwood Property Owners Association Inc have?
Upper Greenwood Property Owners 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 $871K in total revenue.
What does Upper Greenwood Property Owners Association Inc do?
Upper Greenwood Property Owners Association Inc is a nonprofit organization in the Unknown sector, located in Hewitt, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Upper Greenwood Property Owners Association Inc have?
Upper Greenwood Property Owners Association Inc reported total revenue of $871,272. Based on 13 IRS 990 filings on record.
What are Upper Greenwood Property Owners Association Inc's total assets?
Upper Greenwood Property Owners Association Inc holds total assets of $3,496,091 as reported in IRS 990 filings.
Where is Upper Greenwood Property Owners Association Inc located?
Upper Greenwood Property Owners Association Inc is based in Hewitt, New Jersey.
What is Upper Greenwood Property Owners Association Inc's EIN?
Upper Greenwood Property Owners Association Inc's Employer Identification Number (EIN) is 221832020. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Upper Greenwood Property Owners Association Inc?
Upper Greenwood Property Owners Association Inc is classified under NTEE code Unknown (Unknown).
Is Upper Greenwood Property Owners Association Inc a registered 501(c)(3)?
Upper Greenwood Property Owners Association Inc appears in IRS records (EIN: 221832020). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Upper Greenwood Property Owners Association Inc file IRS Form 990?
Yes, Upper Greenwood Property Owners Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Upper Greenwood Property Owners Association Inc's revenue in 2023?
In the 202312 filing period, Upper Greenwood Property Owners Association Inc reported total revenue of $787,871, total expenses of $715,757, and net assets of $3,434,521.
Is Upper Greenwood Property Owners Association Inc's revenue growing or declining?
Upper Greenwood Property Owners Association Inc's revenue is growing. Revenue went from $733,754 (202212) to $787,871 (202312), a +7.4% change. Based on 13 filings on record.
What is Upper Greenwood Property Owners Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Upper Greenwood Property Owners Association Inc covers tax period 202312. It shows revenue of $787,871, expenses of $715,757, total assets of $3,434,521, and liabilities of $583,650.
How much does Upper Greenwood Property Owners Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Upper Greenwood Property Owners Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Upper Greenwood Property Owners Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Upper Greenwood Property Owners Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Upper Greenwood Property Owners Association Inc's strengths?
Positive indicators for Upper Greenwood Property Owners Association Inc include: Consistent revenue generation over several years, with 2023 revenue at $787,871.. Healthy asset growth, reaching $3,496,091 in 2023.. Low liabilities relative to assets, with $583,650 in 2023.. Expenses consistently below revenue, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Upper Greenwood Property Owners Association Inc compensate executives?
Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold for individual officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Upper Greenwood Property Owners Association Inc?
• Financial statements are consistently filed, showing revenue and expense trends. • No specific program details or impact metrics are readily available in the provided data. • The organization's tax-exempt status (c0%) is consistently reported. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'Property Owners Association' designation, what specific services or benefits are provided to members, and how are these reflected in program expenses?
The provided data only shows total expenses (e.g., $715,757 in 2023) without a detailed breakdown of program-specific spending. Understanding the nature of these services (e.g., property maintenance, community events, advocacy) would clarify the impact of the organization's expenditures.
Filing History
IRS 990 filing history for Upper Greenwood Property Owners Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Upper Greenwood Property Owners Association Inc's revenue has grown by 47.6%, moving from $534K to $788K. Total assets increased by 120.5% over the same period, from $1.6M to $3.4M. Total functional expenses rose by 70.1%, from $421K to $716K. In its most recent filing year (2023), Upper Greenwood Property Owners Association Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $584K in liabilities against $3.4M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $788K | $716K | $3.4M | $584K | — | — |
| 2022 | $734K | $605K | $3.4M | $583K | — | View 990 |
| 2021 | $687K | $640K | $3.4M | $811K | — | View 990 |
| 2020 | $662K | $597K | $3.3M | $783K | — | View 990 |
| 2019 | $649K | $661K | $2.4M | $1K | — | — |
| 2018 | $644K | $635K | $2.3M | $2K | — | View 990 |
| 2017 | $682K | $466K | $2.1M | $600 | — | — |
| 2016 | $622K | $421K | $1.9M | $2K | — | View 990 |
| 2015 | $516K | $401K | $1.7M | $1K | — | View 990 |
| 2014 | $497K | $381K | $1.6M | $400 | — | View 990 |
| 2013 | $494K | $419K | $1.5M | $1K | — | View 990 |
| 2012 | $484K | $415K | $1.4M | $1K | — | View 990 |
| 2011 | $534K | $421K | $1.6M | $215K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $788K, expenses of $716K, and assets of $3.4M (revenue +7.4% year-over-year).
- 2022: Revenue of $734K, expenses of $605K, and assets of $3.4M (revenue +6.8% year-over-year).
- 2021: Revenue of $687K, expenses of $640K, and assets of $3.4M (revenue +3.7% year-over-year).
- 2020: Revenue of $662K, expenses of $597K, and assets of $3.3M (revenue +2.0% year-over-year).
- 2019: Revenue of $649K, expenses of $661K, and assets of $2.4M (revenue +0.9% year-over-year).
- 2018: Revenue of $644K, expenses of $635K, and assets of $2.3M (revenue -5.7% year-over-year).
- 2017: Revenue of $682K, expenses of $466K, and assets of $2.1M (revenue +9.6% year-over-year).
- 2016: Revenue of $622K, expenses of $421K, and assets of $1.9M (revenue +20.7% year-over-year).
- 2015: Revenue of $516K, expenses of $401K, and assets of $1.7M (revenue +3.8% year-over-year).
- 2014: Revenue of $497K, expenses of $381K, and assets of $1.6M (revenue +0.5% year-over-year).
- 2013: Revenue of $494K, expenses of $419K, and assets of $1.5M (revenue +2.1% year-over-year).
- 2012: Revenue of $484K, expenses of $415K, and assets of $1.4M (revenue -9.3% year-over-year).
- 2011: Revenue of $534K, expenses of $421K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Upper Greenwood Property Owners Association Inc:
Data Sources and Methodology
This transparency report for Upper Greenwood Property Owners 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.