New Jersey State Policemens Benevolent Association Inc #56

Nonprofit profile at a glance

EIN: 223330488
IRS 990-EZ coverage: 2019–2022
Forms available: Form 990-EZ 2022
Location: Phillipsburg, NJ, USA
Phone: 9084545501
Rating: 88
Verdict: STRONG
Rating confidence: Moderate
Sector: Domestic Fraternal Societies

Reported finances

Revenue: $66,832
Expenses: $79,734
Assets: $26,056
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

MICHAEL CONNAUGHTON (PRESIDENT)
ROBERT STEFANO (VICE PRESIDENT)

People named in this filing

MICHAEL CONNAUGHTON (PRESIDENT)
ROBERT STEFANO (VICE PRESIDENT)
DEAN BERRIGAN (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide services to state of New Jersey police benevolent association members in the general phillipsburg area.

Operating model

Revenue model: Membership-supported. 61% of the money available for current operations came from membership dues.
Distribution model: Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 32
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -19.3%; rating input score 25; 25th percentile among comparable filings
Total-asset coverage ratio: 0.33; rating input score 20; 20th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 21.9% per year; rating input score 100; 83rd percentile among comparable filings
Revenue growth: 24.2% per year; rating input score 100; 90th percentile among comparable filings
Asset growth: -10.8% per year; rating input score 0; 16th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $80K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 9 of 9 current checks pass
Schedules: 1 filed schedules
Filing history: 4 filing years from 2019 to 2022
Contacts: How to reach this organization
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Sustainability: Operating margin scored 25/100.
High — Sustainability: Total-asset coverage ratio scored 20/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.