New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce is a 501(c)(6) organization based in Wayne, New Jersey, registered in 2014, with $271,994 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$272K
▲ 54.0% vs prior year
Community median: $184K
Expenses (FY2023)
$271K
Net assets
$20K
Employees
—
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 New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce: 1 mo reserves · +0% margin earns a C+ on this criterion. See the exact thresholds →
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 New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $14K (FY2015) to $272K (FY2023) across 9 reported years.
Financial snapshot
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$52K
Total liabilities
$32K
Net assets
$20K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $271,994▲54.0% | $271,019▲18.6% | $19,609▲8.1% | $52,079▲115% | 990 |
| 2022 | $176,654▲236% | $228,436▲447% | $18,141▼74.0% | $24,223▼65.4% | 990 |
| 2021 | $52,533▲57.2% | $41,767▲162% | $69,823▲18.2% | $69,917▲18.2% | 990 |
| 2020 | $33,428▼22.9% | $15,919▼14.0% | $59,057▲42.1% | $59,155▲42.0% | 990 |
| 2019 | $43,343▲54.6% | $18,506▼23.5% | $41,548▲149% | $41,647▲148% | 990 |
| 2018 | $28,030▲62.1% | $24,191▲138% | $16,711▲29.8% | $16,809▲29.6% | 990 |
| 2017 | $17,297▲131% | $10,163▼24.1% | $12,872▲137% | $12,968▲135% | 990 |
| 2016 | $7,500▼45.6% | $13,393▲213% | $5,433▼52.0% | $5,529▼51.5% | 990 |
| 2015 | $13,775 | $4,276 | $11,326 | $11,398 | 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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Data for New Jersey Lesbian Gay Bisexual & Transgender Chamber of Commerce (EIN 46-3181397) 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.