Grand Lodge of New Jersey Ashlar Fund Inc

Nonprofit profile at a glance

EIN
472295010
IRS 990-PF coverage
2023–2024
Forms available
Form 990 2022, Form 990-PF 2024, Form 990-N 2014
Location
Trenton, NJ, USA
Phone
6092393950
Rating
84
Verdict
STRONG
Rating confidence
Standard
Sector
Community Foundations

Reported finances

Revenue
$182,744
Expenses
$237,490

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Community Foundations

What it reported funding in 2024

The foundation reported 4 filed grant rows totaling $190,000. The stated grant purposes included assist needy, historical activities, and instruction for children with dyslexia, plus 1 other reported purpose.

Operating model

Revenue model
Investment-supported. 94% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 94% of its reported charitable disbursements as grants.

The verdict

STRONG - The filed numbers largely add up and the filing identifies who received its grants. No material rating questions were generated from the available inputs.

Rating breakdown

  • Grant Deployment: 65
  • Cost Efficiency: 80
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 89

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 65.5%; rating input score 65; 10th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 80%; rating input score 80; 45th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 32.95; rating input score 89; 89th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 65.5% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 89th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.