Ljs 22 Foundation Inc

Nonprofit profile at a glance

EIN
871800322
IRS 990-PF coverage
2022–2022
Forms available
Form 990-PF 2022
Location
Piscataway, NJ, USA
Phone
7324890947
Rating
65
Verdict
SUPPORTED
Rating confidence
Standard

Reported finances

Revenue
$24,200
Expenses
$22,055

Source: IRS Form 990-PF. Selected filing: tax year 2022. Amounts in USD.

Overview

Mission

Ljs 22 Foundation Inc is a nonprofit. Location: Piscataway, NJ. EIN 871800322. Tax year 2022 Form 990-PF reports $24.2K revenue and $22.1K expenses.

What it reported funding in 2022

The foundation reported 4 grants totaling $14,000. The stated grant purposes included grant and scholarship.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 64% of its reported charitable disbursements as grants.

The verdict

SUPPORTED - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 63
  • Transparency: NotEnoughData
  • Compliance: 98
  • Endowment Health: 32

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 98th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 63.5%; rating input score 63; 55th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Limited

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • 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: Missing
    • 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
    • Grants to individuals: Pass
    • Grants to organizations: 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: 0.27; rating input score 32; 32nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: Filed grants detail
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 32th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Contacts: How to reach this organization
  • Money network: 4 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 — Endowment Health: Endowment-health comparison scored 32/100.