Bloomfieldavenue-lowerbroadwaybid Inc
Only null% goes to programs Strong reserves
Bloomfieldavenue-lowerbroadwaybid Inc is a 501(c)(3) organization based in Newark, New Jersey, registered in 2018, with $468,050 in FY2024 revenue. CharityIndex grades it C+.
421 Bloomfield Avenue, Newark, NJ, 07107 EIN 82-3223955 Since 2018
Revenue (FY2024)
$468K
▲ 3.3% vs prior year
Community median: $184K
Expenses (FY2024)
$490K
Net assets
$495K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bloomfieldavenue-lowerbroadwaybid Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating12 mo reserves · -5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bloomfieldavenue-lowerbroadwaybid Inc: 12 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bloomfieldavenue-lowerbroadwaybid Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bloomfieldavenue-lowerbroadwaybid Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 421 Bloomfield Avenue, Newark, NJ, 07107
- City
- Newark
- State
- New Jersey
- Subcategory
- Economic Development
Financial trends
Revenue declined from $670K (FY2018) to $468K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $34KNet assets $495K
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$529K
Total liabilities
$34K
Net assets
$495K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $468,050▲3.3% | $489,986▲7.9% | $495,252▼4.2% | $529,125▼5.3% | 990 |
| 2023 | $453,050▲2.1% | $453,956▲11.8% | $517,188▼0.2% | $558,615▼0.6% | 990 |
| 2022 | $443,581 | $406,041▼1.0% | $518,094▲7.8% | $561,869▲8.2% | 990 |
| 2021 | $443,596▼0.2% | $410,177▲29.3% | $480,554▲7.5% | $519,258▲7.1% | 990 |
| 2020 | $444,460▲0.1% | $317,264▼18.9% | $447,135▲39.8% | $484,766▲26.3% | 990 |
| 2019 | $443,910▼33.7% | $391,233▼2.9% | $319,939 | $383,770 | 990 |
| 2018 | $670,000 | $402,738 | $0 | $0 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Bloomfieldavenue-lowerbroadwaybid Inc
Frequently asked questions
- Is Bloomfieldavenue-lowerbroadwaybid Inc a legitimate nonprofit?
- Yes. Bloomfieldavenue-lowerbroadwaybid Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-3223955, based in Newark, New Jersey. Donations are tax-deductible.
- What is Bloomfieldavenue-lowerbroadwaybid Inc's EIN?
- Bloomfieldavenue-lowerbroadwaybid Inc's Employer Identification Number (EIN) is 82-3223955.
- How much revenue does Bloomfieldavenue-lowerbroadwaybid Inc report?
- Bloomfieldavenue-lowerbroadwaybid Inc reported $468,050 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bloomfieldavenue-lowerbroadwaybid Inc have?
- CharityIndex grades Bloomfieldavenue-lowerbroadwaybid Inc C+, based on financial health (reserves and operating margin).
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Data for Bloomfieldavenue-lowerbroadwaybid Inc (EIN 82-3223955) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.