Carlton Hill Family Foundation Inc

Carlton Hill Family Foundation faces significant and recurring operational deficits with rapidly declining assets.

EIN: 20678498 · Scotch Plains, NJ · NTEE: T90 · Updated: 2026-03-28

$310KRevenue
$512Assets
45/100Mission Score (Fair)
T90

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Carlton Hill Family Foundation Inc Financial Summary
MetricValue
Total Revenue$310K
Total Expenses$297K
Program Spending70%
Net Assets$511
Transparency Score45/100

Search Intent Cockpit

Carlton Hill Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Carlton Hill Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Carlton Hill Family Foundation Inc in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $93K and expenses of $297K.

Revenue and Expenses

Carlton Hill Family Foundation Inc reported $93K in revenue and $297K in expenses, a deficit of $204K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

45/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Carlton Hill Family Foundation Inc Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Carlton Hill Family Foundation Inc Expense Deployment
Program services$208K (70%)

Across stored filings, Carlton Hill Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Carlton Hill Family Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade C11 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and Philanthropy context

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Carlton Hill Family Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Carlton Hill Family Foundation Inc

Carlton Hill Family Foundation Inc (EIN: 20678498) is a nonprofit organization based in Scotch Plains, NJ, classified under NTEE code T90. The organization reported total revenue of $310K and total assets of $512 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carlton Hill Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Carlton Hill Family Foundation Inc is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2009–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$93K
Total Expenses$297K
Surplus / Deficit$-204,043
Total Assets$512
Total Liabilities$1
Net Assets$511
Operating Margin-219.5%
Debt-to-Asset Ratio0.2%
Months of Reserves0.0 months

Financial Health Grade: C

In 2023, Carlton Hill Family Foundation Inc reported a deficit of $204K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-45.6%-53.9%-99.7%
2022-69.6%-5.0%-71.3%
2021+41.6%+841.3%+41.4%
2020-26.1%-87.3%+27.8%
2019+111.9%+24198.7%+42.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Carlton Hill Family Foundation Inc. exhibits inconsistent financial performance over its filing history. In 2023, the organization reported revenue of $92,954 against expenses of $296,997, resulting in a significant deficit. This trend of expenses exceeding revenue is also evident in 2022 ($170,731 revenue vs. $643,986 expenses) and 2021 ($561,365 revenue vs. $677,792 expenses). The organization's assets have fluctuated dramatically, from $677,248 in 2021 down to $512 in 2023, indicating potential liquidity challenges or significant asset depletion. The consistent reporting of $1 in liabilities across all periods suggests minimal debt burden, which is a positive sign. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the recurring operational deficits raise concerns about the sustainability of its current spending patterns relative to its revenue generation. The lack of reported officer compensation across all filings suggests that executive leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can be a positive for donor confidence regarding overhead. Transparency appears to be adequate in terms of filing its IRS Form 990s, with 11 filings available. However, the significant year-over-year changes in revenue, expenses, and assets, particularly the sharp decline in assets from 2021 to 2023, warrant closer examination to understand the underlying financial activities and decisions. Without more granular expense data, a comprehensive assessment of program efficiency and overall financial health remains challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Carlton Hill Family Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Carlton Hill Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$93KTotal Revenue
$297KTotal Expenses
$512Total Assets
$1Total Liabilities
$511Net Assets
  • The organization reported a deficit of $204K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be uncompensated or compensated through non-officer roles, which is a positive for minimizing overhead costs relative to the organization's size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Carlton Hill Family Foundation Inc's IRS 990 filings:

  • Significant and recurring operational deficits (e.g., $204,043 in 2023, $473,255 in 2022).
  • Dramatic decline in assets from $677,248 in 2021 to $512 in 2023, raising concerns about financial stability.
  • Inconsistent revenue generation, with large fluctuations year-over-year.
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.

Strengths

The following positive indicators were identified for Carlton Hill Family Foundation Inc:

  • Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
  • No reported officer compensation, suggesting low executive overhead.
  • Minimal liabilities ($1 reported consistently), indicating a lack of significant debt.

Frequently Asked Questions about Carlton Hill Family Foundation Inc

Is Carlton Hill Family Foundation Inc a legitimate charity?

Carlton Hill Family Foundation Inc (EIN: 20678498) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 45/100. It has 11 years of IRS 990 filings on record. Total revenue: $310K. 4 red flags identified. 3 strengths noted. Financial health grade: C.

How does Carlton Hill Family Foundation Inc spend its money?

Carlton Hill Family Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Carlton Hill Family Foundation Inc tax-deductible?

Carlton Hill Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20678498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Carlton Hill Family Foundation Inc's spending goes to programs?

Carlton Hill Family Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Carlton Hill Family Foundation Inc compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Carlton Hill Family Foundation Inc is near average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Carlton Hill Family Foundation Inc located?

Carlton Hill Family Foundation Inc is headquartered in Scotch Plains, New Jersey and files with the IRS under EIN 20678498. It is classified under NTEE code T90.

How many years of IRS 990 filings does Carlton Hill Family Foundation Inc have?

Carlton Hill Family Foundation Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $310K in total revenue.

Why have the organization's assets decreased so dramatically from $677,248 in 2021 to $512 in 2023?

The provided data does not specify the reasons for this sharp decline, but it could indicate significant program spending, asset sales, or investment losses that outpaced revenue.

How does the organization plan to address its recurring operational deficits, such as the $204,043 deficit in 2023 and $473,255 deficit in 2022?

The financial data shows a pattern of expenses significantly exceeding revenue in recent years, which is unsustainable. A strategy for increasing revenue or reducing expenses is critical.

What are the specific program activities and how much is allocated to them, given the large expense figures in recent years?

Without a detailed breakdown of expenses, it's difficult to ascertain the proportion of spending dedicated directly to programs versus administrative or fundraising costs.

Filing History

IRS 990 filing history for Carlton Hill Family Foundation Inc showing financial trends over 11 years of public records:

Total assets decreased by 99.4% over the same period, from $80K to $512. Total functional expenses rose by 452.7%, from $54K to $297K. In its most recent filing year (2023), Carlton Hill Family Foundation Inc reported a deficit of $204K, with expenses exceeding revenue. The organization holds $1 in liabilities against $512 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $511.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $93K $297K $512 $1
2022 $171K $644K $195K $1 View 990
2021 $561K $678K $677K $1 View 990
2020 $396K $72K $479K $1 View 990
2019 $537K $569K $375K $1 View 990
2015 $253K $2K $262K $1 View 990
2014 $731 $880 $11K $1 View 990
2013 $202 $150 $12K $1 View 990
2012 $-3,115 $36K $10K $1 View 990
2011 $599 $16K $48K $1 View 990
2009 $-27,842 $54K $80K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $93K, expenses of $297K, and assets of $512 (revenue -45.6% year-over-year).
  • 2022: Revenue of $171K, expenses of $644K, and assets of $195K (revenue -69.6% year-over-year).
  • 2021: Revenue of $561K, expenses of $678K, and assets of $677K (revenue +41.6% year-over-year).
  • 2020: Revenue of $396K, expenses of $72K, and assets of $479K (revenue -26.1% year-over-year).
  • 2019: Revenue of $537K, expenses of $569K, and assets of $375K (revenue +111.9% year-over-year).
  • 2015: Revenue of $253K, expenses of $2K, and assets of $262K (revenue +34547.2% year-over-year).
  • 2014: Revenue of $731, expenses of $880, and assets of $11K (revenue +261.9% year-over-year).
  • 2013: Revenue of $202, expenses of $150, and assets of $12K.
  • 2012: Revenue of $-3,115, expenses of $36K, and assets of $10K (revenue -620.0% year-over-year).
  • 2011: Revenue of $599, expenses of $16K, and assets of $48K.
  • 2009: Revenue of $-27,842, expenses of $54K, and assets of $80K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Carlton Hill Family Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2009 Filing

Data Sources and Methodology

This transparency report for Carlton Hill Family Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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