Southern New Jersey Chamber Foundation

Nonprofit profile at a glance

EIN
237066883
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Voorhees, NJ, USA
Phone
8564247776
Rating
91
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$91,868
Expenses
$113,983
Assets
$25,128
Liabilities
$41,266

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • LIZ THOMAS (MEMBER)
  • HILARY CHEBRA (MEMBER)
  • JOSEPH DEVINE (EX-OFFICIO)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The south jersey chamber foundation's sole program, the south jersey summer institute for educators, addresses the readiness of the future workforce by exposing area teachers to the south jersey economy, the skills, traits and characteristics businesses look for when hiring employees.

What it reported doing in 2024

The south jersey summer institute for educators has been held for 32 years. Held for three weeks each summer, the program exposes 12-15 educators to businesses and to identify the skills students will need to be successful in today's workplace. The program has graduated more than 692 educators who incorporate the lessons into their classrooms impacting more than 65,000 students.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87.3%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -24.1%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 1.64; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $100K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.