Midjersey Center for Economic Development
Nonprofit profile at a glance
- EIN
- 260449187
- IRS 990-EZ coverage
- 2019–2019
- Forms available
- Form 990 2018, Form 990-EZ 2019, Form 990-N 2019
- Location
- Lawrenceville, NJ, USA
- Phone
- 6096899960
- Rating confidence
- Limited
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $104
- Expenses
- $4,053
- Assets
- $2,619
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- DR JOSEPH LAMENDOLA (CHAIRMAN)
- JOSEPH MARUCA (TREASURER)
- FRANK LUCCHESI (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and promote the rentention, expansion and attraction of business entities in the greater mercer county region in a manner that complements the efforts of our economic development partners and enhances the quality of life.
What it reported doing in 2019
Organization supports and promotes the retention, expansion and attraction of business entities in the greater mercer county region
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 17
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3,797.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.2% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.