Sport Newark E Benfica Inc
501(c)(7)
Only null% goes to programs Strong reserves Growing revenue
Sport Newark E Benfica Inc is a 501(c)(7) organization based in Newark, New Jersey, registered in 1995, with $530,438 in FY2024 revenue. CharityIndex grades it C+.
119 Paris St, Newark, NJ, 07105 EIN 22-3301764 Since 1995
Revenue (FY2024)
$530K
▲ 5.3% vs prior year
Expenses (FY2024)
$423K
Net assets
$349K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Sport Newark E Benfica Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +20% 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 Sport Newark E Benfica Inc: 10 mo reserves · +20% margin earns a A 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 Sport Newark E Benfica 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 Sport Newark E Benfica Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 119 Paris St, Newark, NJ, 07105
- City
- Newark
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $303K (FY2019) to $530K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $349K
Operating margin
20.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$349K
Total liabilities
$0
Net assets
$349K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $530,438▲5.3% | $422,746▲5.5% | $348,631 | $348,631▲44.7% | 990 |
| 2023 | $503,697▲113% | $400,833▲19.6% | $0▲100% | $240,939 | 990 |
| 2022 | $236,667▲25.1% | $335,259▲105% | -$98,592▼133% | $0▼100% | 990 |
| 2021 | $189,177▲61.6% | $163,224▲18.6% | $303,185▼9.8% | $303,185▼9.8% | 990 |
| 2020 | $117,081▼61.3% | $137,653▼52.0% | $335,990▼5.6% | $335,990▼5.6% | 990 |
| 2019 | $302,893 | $287,031 | $355,763 | $355,763 | 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.
Frequently asked questions
- Is Sport Newark E Benfica Inc a legitimate nonprofit?
- Yes. Sport Newark E Benfica Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 22-3301764, based in Newark, New Jersey.
- What is Sport Newark E Benfica Inc's EIN?
- Sport Newark E Benfica Inc's Employer Identification Number (EIN) is 22-3301764.
- How much revenue does Sport Newark E Benfica Inc report?
- Sport Newark E Benfica Inc reported $530,438 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sport Newark E Benfica Inc have?
- CharityIndex grades Sport Newark E Benfica Inc C+, based on financial health (reserves and operating margin).
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Data for Sport Newark E Benfica Inc (EIN 22-3301764) 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.