Volunteer Center Of Bergen County Inc
Volunteer Center of Bergen County: Strong Programs, High Fundraising Costs
EIN: 221821282 · Paramus, NJ · NTEE: T40Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $891K |
| Program Spending | 70% |
| Net Assets | $944K |
| Transparency Score | 75/100 |
Is Volunteer Center Of Bergen County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteer Center Of Bergen County Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Volunteer Center Of Bergen County Inc
Volunteer Center Of Bergen County Inc (EIN: 221821282) is a nonprofit organization based in Paramus, NJ, classified under NTEE code T40Z. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Center Of Bergen County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Center Of Bergen County Inc is a mid-size 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 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $891K |
| Surplus / Deficit | +$215K |
| Total Assets | $1.2M |
| Total Liabilities | $257K |
| Net Assets | $944K |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 21.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Volunteer Center Of Bergen County Inc reported a surplus of $215K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 21.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Volunteer Center Of Bergen County Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | -16.4% | +18.9% |
| 2022 | -24.7% | +10.4% | +-0.0% |
| 2021 | +17.4% | -15.7% | +85.9% |
| 2020 | -1.8% | -12.7% | +184.9% |
| 2019 | +4.7% | -9.6% | +31.0% |
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 Volunteer Center Of Bergen County 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: 70%
- fundraising: 20%
According to IRS 990 filings, Volunteer Center Of Bergen County Inc allocates its expenses as follows: admin: 10%, programs: 70%, fundraising: 20%. 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 $215K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further 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 Volunteer Center Of Bergen County Inc's IRS 990 filings:
- Fundraising expenses appear to be a significant portion of total expenses, with $257,486 in 2023, which could impact the efficiency of donor contributions.
- The organization's liabilities have shown some fluctuation, reaching $399,320 in 2020, which warrants monitoring.
Strengths
The following positive indicators were identified for Volunteer Center Of Bergen County Inc:
- The organization consistently generates over $1 million in revenue, indicating a stable funding base.
- Total assets have shown growth in recent years, reaching $1,554,266 in 2023, suggesting financial health.
- The organization has maintained a positive net asset position over the years provided.
Frequently Asked Questions about Volunteer Center Of Bergen County Inc
Is Volunteer Center Of Bergen County Inc a legitimate charity?
Volunteer Center Of Bergen County Inc (EIN: 221821282) 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: $1.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Volunteer Center Of Bergen County Inc spend its money?
Volunteer Center Of Bergen County Inc directs 70% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Volunteer Center Of Bergen County Inc tax-deductible?
Volunteer Center Of Bergen County Inc is registered as a tax-exempt nonprofit (EIN: 221821282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Volunteer Center Of Bergen County Inc's spending goes to programs?
Volunteer Center Of Bergen County Inc directs 70% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Volunteer Center Of Bergen County Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Volunteer Center Of Bergen County Inc is above average for NTEE category T40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Volunteer Center Of Bergen County Inc located?
Volunteer Center Of Bergen County Inc is headquartered in Paramus, New Jersey and files with the IRS under EIN 221821282. It is classified under NTEE code T40Z.
How many years of IRS 990 filings does Volunteer Center Of Bergen County Inc have?
Volunteer Center Of Bergen County 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 $1.2M in total revenue.
What does Volunteer Center Of Bergen County Inc do?
Volunteer Center Of Bergen County Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Paramus, New Jersey. It is classified under NTEE code T40Z.
How much revenue does Volunteer Center Of Bergen County Inc have?
Volunteer Center Of Bergen County Inc reported total revenue of $1,223,073. Based on 13 IRS 990 filings on record.
What are Volunteer Center Of Bergen County Inc's total assets?
Volunteer Center Of Bergen County Inc holds total assets of $1,554,266 as reported in IRS 990 filings.
Where is Volunteer Center Of Bergen County Inc located?
Volunteer Center Of Bergen County Inc is based in Paramus, New Jersey.
What is Volunteer Center Of Bergen County Inc's EIN?
Volunteer Center Of Bergen County Inc's Employer Identification Number (EIN) is 221821282. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Volunteer Center Of Bergen County Inc?
Volunteer Center Of Bergen County Inc is classified under NTEE code T40Z (Philanthropy, Voluntarism & Grantmaking).
Is Volunteer Center Of Bergen County Inc a registered 501(c)(3)?
Yes, Volunteer Center Of Bergen County Inc is recognized as a tax-exempt organization by the IRS. EIN: 221821282.
Does Volunteer Center Of Bergen County Inc file IRS Form 990?
Yes, Volunteer Center Of Bergen County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Volunteer Center Of Bergen County Inc's revenue in 2023?
In the 202312 filing period, Volunteer Center Of Bergen County Inc reported total revenue of $1,106,665, total expenses of $891,233, and net assets of $1,201,933.
Is Volunteer Center Of Bergen County Inc's revenue growing or declining?
Volunteer Center Of Bergen County Inc's revenue is relatively stable. Revenue went from $1,143,841 (202212) to $1,106,665 (202312), a -3.3% change. Based on 13 filings on record.
What is Volunteer Center Of Bergen County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Volunteer Center Of Bergen County Inc covers tax period 202312. It shows revenue of $1,106,665, expenses of $891,233, total assets of $1,201,933, and liabilities of $257,486.
How much does Volunteer Center Of Bergen County Inc spend on programs vs administration?
Based on IRS 990 analysis, Volunteer Center Of Bergen County Inc allocates approximately 70% of expenses to program services, 10% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Volunteer Center Of Bergen County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Volunteer Center Of Bergen County Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Volunteer Center Of Bergen County Inc?
The following concerns were identified: Fundraising expenses appear to be a significant portion of total expenses, with $257,486 in 2023, which could impact the efficiency of donor contributions.. The organization's liabilities have shown some fluctuation, reaching $399,320 in 2020, which warrants monitoring.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Volunteer Center Of Bergen County Inc's strengths?
Positive indicators for Volunteer Center Of Bergen County Inc include: The organization consistently generates over $1 million in revenue, indicating a stable funding base.. Total assets have shown growth in recent years, reaching $1,554,266 in 2023, suggesting financial health.. The organization has maintained a positive net asset position over the years provided.. These findings are derived from AI analysis of the organization's financial filings.
How does Volunteer Center Of Bergen County Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization's reliance on fundraising changed over time, and what strategies are in place to optimize this?
While specific strategies are not detailed, fundraising expenses have fluctuated, with a notable $257,486 in 2023. Understanding the return on investment for these expenses would be crucial for optimization.
Given the fluctuations in total assets and liabilities, what is the organization's long-term financial strategy for maintaining stability and growth?
The organization has shown growth in assets to $1,554,266 in 2023, but also periods of higher liabilities. A clear strategy for managing these fluctuations and ensuring sustained growth would be beneficial.
Filing History
IRS 990 filing history for Volunteer Center Of Bergen County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Volunteer Center Of Bergen County Inc's revenue has grown by 10.5%, moving from $1.0M to $1.1M. Total assets increased by 221.6% over the same period, from $374K to $1.2M. Total functional expenses fell by 12.8%, from $1.0M to $891K. In its most recent filing year (2023), Volunteer Center Of Bergen County Inc reported a surplus of $215K, with revenue exceeding expenses. The organization holds $257K in liabilities against $1.2M in assets (debt-to-asset ratio: 21.4%), resulting in net assets of $944K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $891K | $1.2M | $257K | — | View 990 |
| 2022 | $1.1M | $1.1M | $1.0M | $287K | — | — |
| 2021 | $1.5M | $966K | $1.0M | $313K | — | View 990 |
| 2020 | $1.3M | $1.1M | $544K | $399K | — | View 990 |
| 2019 | $1.3M | $1.3M | $191K | $195K | — | View 990 |
| 2018 | $1.3M | $1.4M | $146K | $157K | — | View 990 |
| 2017 | $1.3M | $1.4M | $306K | $126K | — | View 990 |
| 2016 | $1.3M | $1.6M | $381K | $108K | — | View 990 |
| 2015 | $3.1M | $3.2M | $773K | $164K | — | View 990 |
| 2014 | $8.8M | $8.3M | $1.4M | $751K | — | View 990 |
| 2013 | $2.7M | $2.8M | $817K | $559K | — | View 990 |
| 2012 | $1.1M | $1.1M | $440K | $154K | — | View 990 |
| 2011 | $1.0M | $1.0M | $374K | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $891K, and assets of $1.2M (revenue -3.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.0M (revenue -24.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $966K, and assets of $1.0M (revenue +17.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $544K (revenue -1.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $191K (revenue +4.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $146K (revenue -0.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $306K (revenue -2.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.6M, and assets of $381K (revenue -58.1% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.2M, and assets of $773K (revenue -64.6% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.3M, and assets of $1.4M (revenue +218.6% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.8M, and assets of $817K (revenue +139.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $440K (revenue +14.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $374K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Center Of Bergen County Inc:
Data Sources and Methodology
This transparency report for Volunteer Center Of Bergen County 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.