Philip Begonja Memorial Foundation Inc
Nonprofit profile at a glance
- EIN
- 454404327
- IRS 990-EZ coverage
- 2013–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2012
- Location
- Florham Park, NJ, USA
- Phone
- 6462295216
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $25,811
- Expenses
- $35,640
- Assets
- $59,203
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Antonio Begonja (Vice President)
- Lucija Begnja (Vice President)
- Anthony Rudolf (President)
People named in this filing
- Antonio Begonja (Vice President)
- Lucija Begnja (Vice President)
- Anthony Rudolf (President)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Foundation's primary mission is to award educational grants and scholarships to deserving young people requiring financial assistance; award grants to educational institutions; and award grants for the improvement of public parks. The Foundation also supports other worthy causes that are representative of those that Philip cherished during his life.
What it reported doing in 2025
Culinary Institute Scholarship for Graystone in St. Helana, CA - 3 year scholarship
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -38.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.6% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2013 to 2025
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.