SB Foundation Inc
Nonprofit profile at a glance
- EIN
- 020547765
- IRS 990-EZ coverage
- 2010–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Paramus, NJ, USA
- Phone
- 8448448961
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $8,235
- Expenses
- $138,517
- Assets
- $20,912
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Anthony Labozzetta (President)
People named in this filing
- Linda Kuipers (Secretary)
- Anthony Labozzetta (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Administrating a golf outing, distributing the proceeds to local charities and local high school scholarships in the various counties in NJ.
What it reported doing in 2020
The Organization was formed for the purpose of administrating a golf outing, proceeds of which will (1) be distributed to selected local charities and (2) be awarded to local high school students as scholarships, in the various counties in NJ.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,582.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.4% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $139K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2010 to 2020
- 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 — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.