Little Silver Charitable Foundation Inc

Nonprofit profile at a glance

EIN
810763524
IRS 990-EZ coverage
2016–2018
Forms available
Form 990-EZ 2018, Form 990-N 2017
Location
Little Silver, NJ, USA
Phone
9086757646
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Fairs

Reported finances

Revenue
$66,956
Expenses
$71,009
Assets
$7,023
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • RICK BRANDT (TRUSTEE & PRESIDENT)
  • BETH MCLOONE (TRUSTEE & VICE-PRESIDENT)

People named in this filing

  • PATTI FORSMAN (TRUSTEE)
  • GRETCHEN O'KANE (TRUSTEE)
  • JACKIE MERY (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enhance quality of life for the residents of little silver New Jersey by supporting health, education, recreation, and the alleviation of poverty.

What it reported doing in 2018

To enhance quality of life for the residents of little silver New Jersey by supporting health, education, recreation, and the alleviation of poverty. Planned and held a little silver day in june 2018 to promote the little silver experience for the community and raise funds for little silver fire company, little silver ems, little silver garden club, and a scholarship to a little silver student.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 96% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.2%; rating input score 95
  • Program expense ratio: 89.8%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -17.7% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -46.9% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 95.2% of revenue deployed · 89.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2016 to 2018
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.