Quick charity verification for Ocean County College Foundation (EIN: 222303358)
Verdict: Ocean County College Foundation appears trustworthy
85/100Mission Score
$1.5MRevenue
$26.2MAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown significant year-over-year fluctuations, from $3,581,016 in 2018 to $868,716 in 2020, and back to $2,407,473 in 2023, which could impact long-term planning.
The provided data does not include a detailed breakdown of expenses by functional categories (program, admin, fundraising), making it difficult to fully evaluate spending efficiency.
Strengths
Consistent and substantial asset growth, from $10,741,518 in 2016 to $23,304,446 in 2023, demonstrates strong financial management and endowment building.
The foundation consistently reports 0% lobbying costs, indicating a clear focus on its educational mission rather than political influence.
The organization maintains a healthy reserve, with assets significantly exceeding liabilities across all reported years.
Spending Breakdown
How Ocean County College Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Ocean County College Foundation
Is Ocean County College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocean County College Foundation (EIN: 222303358) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Ocean County College Foundation a good charity to donate to?
Ocean County College Foundation has a Mission Score of 85/100. Revenue: $1.5M. Assets: $26.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ocean County College Foundation?
The Employer Identification Number (EIN) for Ocean County College Foundation is 222303358. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Ocean County College Foundation spend its money?
Ocean County College Foundation allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ocean County College Foundation's tax-exempt status?
You can verify Ocean County College Foundation's tax-exempt status using EIN 222303358 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Ocean County College Foundation is a education nonprofit based in Toms River, New Jersey, with reported revenue of $1.5M and assets of $26.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation cannot be assessed from the provided data, as specific figures for individual salaries are not included in the summary financial filings. Revenue has grown +60% across 13 filing periods.