German-american Society of Trenton New Jersey

Nonprofit profile at a glance

EIN
222192905
IRS 990 coverage
2018–2023
Forms available
Form 990 2023, Form 990-T 2023
Location
Trenton, NJ, USA
Phone
6095806916
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$498,276
Expenses
$478,714
Assets
$311,541
Liabilities
$34,675

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

Leadership & pay

13 people listed

Executive titles in this filing

  • KATHARINA HOENISCH (PRESIDENT)
  • PETER LINDAUER (VICE PRESIDENT)

Highest reported compensation

  • DONALD WARNER (TRUSTEE): $1,682 total reported compensation
  • LEONARD WENZLER (MEMBERSHIP SECRETARY): $350 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The german-american society of trenton origin is a traditional, family-oriented society. Our mission is to cultivate and strengthen our german-american cultural heritage and traditions, strengthen our family bonds and provide an entertaining and rewarding social and educational atmosphere for our members, guests and community.

What it reported doing in 2023

The soccer program has been part of the society's history and is the basis of its formation. The parents of children participating in the soccer program must be members of the society. Parents and children participate in the program and annual banquets to celebrate teams and enhance the culture and heritage of the german society. Parents and their children are strongly encouraged to volunteer at activities of the club including events and maintenance type activities which creates a sense of belonging.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 90
  • Accountability: 65
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.2%; rating input score 94
  • Program expense ratio: 98%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 23rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.9%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0.4%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 19.9% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 94.2% of revenue deployed · 98% of spending went to programs
  • Governance: 11 of 13 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $469K in reported program spending
  • Leadership: top reported pay $2K · 13 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2018 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.