Nj Vietnam Veterans Memorial Foundation
Nonprofit profile at a glance
- EIN
- 222918698
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Holmdel, NJ, USA
- Phone
- 7323350033
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,031,142
- Expenses
- $1,104,441
- Assets
- $6,756,825
- Liabilities
- $62,816
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Highest reported compensation
- AMY OSBORN (EXECTIVE DIRECTOR/TRUSTEE): $172,262 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Offers a meaningful & engaging experience that recongizes the sacrifices, courage & valor of vietnam veterans & that encourages & fosters a thorough understanding of the vietnam era
What it reported doing in 2024
The primary purpose of the organizations program is to promote education and remembrance of the vietnam war. The education center and museum enables all visitors to learn about the myrid of forces that produced the conflict abroad and the dissension at home. It compiments the solemity of the memorial with a dynamic and lively learning eenvironment. The New Jersey vietnam veterans memorial honors all those who served our country and state during the vietnam war, especially the 1,563 new jerseyans who did not return home.
Operating model
- Revenue model
- Grant-funded. 84% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 47
- Accountability: 90
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.1%; rating input score 22
- Program expense ratio: 72.7%; rating input score 73
- Fundraising efficiency: $70.19 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 0%; rating input score 0; 6th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 72.6%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 6.12; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 15.6%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 22.1% of revenue deployed · 72.7% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $803K in reported program spending
- Leadership: top reported pay $172K · 16 people listed · 0 of 6 pay-setting controls reported
- Consistency: 30 of 32 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 22/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.