South Jersey Young Professionals Association Inc

Nonprofit profile at a glance

EIN
461156690
IRS 990-EZ coverage
2014–2023
Forms available
Form 990-EZ 2023
Location
Haddonfield, NJ, USA
Phone
2674084419
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$11,942
Expenses
$26,414
Assets
$21,200
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CHARLES DENNEN (PRESIDENT)
  • ALEX DITULLIO (VICE PRESIDENT)

People named in this filing

  • CHARLES DENNEN (PRESIDENT)
  • ALEX DITULLIO (VICE PRESIDENT)
  • JOHN HURST (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was formed to unite young professionals, ages 21-45, who live or work in New Jersey's camden and burlington counties through socially conscious endeavors, events, and projects that serve the immediate community through financial donations or provision of actual items that meet the needs of less fornutate citizens, and taking such other actions and performing such other services in connection with and through, and the making or receiving of donations, gifts, and other contributions or distribution to or from qualified charitable organizations.

What it reported doing in 2023

The exempt organization held an award gala in february 2024 (reporting fiscal year) from which net proceeds of $16,500 were donated two local charities (hope works and paws healing heroes) in may 2024 (subsequent fiscal year).

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.6%; rating input score 80

Transparency & Controls

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

Sustainability

  • Operating margin: -121.2%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 40; 40th 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: -7.1% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -12.5% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -14.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 79.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $21K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2014 to 2023
  • 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.

  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.