Clara Maass Foundation
Clara Maass Foundation: Consistent Revenue, Fluctuating Assets
EIN: 222132516 · Oceanport, NJ · NTEE: E112 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $5.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.7M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Clara Maass Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Clara Maass Foundation 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 Clara Maass Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.0M and expenses of $5.3M.
Revenue and Expenses
Clara Maass Foundation reported $3.0M in revenue and $5.3M in expenses, a deficit of $2.3M.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Clara Maass Foundation Legit?
Some Concerns
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
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
| Program services | $4.2M (80%) |
Across stored filings, Clara Maass Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Clara Maass Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clara Maass Foundation
Clara Maass Foundation (EIN: 222132516) is a nonprofit organization based in Oceanport, NJ, classified under NTEE code E112. The organization reported total revenue of $2.4M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clara Maass Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clara Maass Foundation is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $5.3M |
| Surplus / Deficit | $-2,261,910 |
| Total Assets | $1.9M |
| Total Liabilities | $265K |
| Net Assets | $1.7M |
| Operating Margin | -74.2% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2023, Clara Maass Foundation reported a deficit of $2.3M with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Clara Maass Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.2% | +150.0% | -62.4% |
| 2022 | -9.7% | +1.5% | +27.2% |
| 2021 | +9.2% | -3.5% | -10.3% |
| 2020 | +47.7% | +38.0% | +23.1% |
| 2019 | +32.7% | +88.5% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Clara Maass Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Clara Maass Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with revenues exceeding $2 million in recent years and suggests potential indirect compensation or reporting discrepancies.
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 Clara Maass Foundation's IRS 990 filings:
- Consistent reporting of 0% compensation for all key employees across multiple years raises questions about the true nature of executive compensation.
- Significant fluctuation in assets, from $5,121,831 in 2022 to $1,924,113 in 2023, requires further explanation.
- The organization's expenses ($5,309,755 in 2023) significantly exceeded its revenue ($3,047,845) in the most recent filing, indicating a substantial deficit.
Strengths
The following positive indicators were identified for Clara Maass Foundation:
- The foundation has demonstrated consistent revenue generation, generally above $2 million in recent years.
- The organization has maintained a presence for several years, indicating operational stability.
Frequently Asked Questions about Clara Maass Foundation
Is Clara Maass Foundation a legitimate charity?
Clara Maass Foundation (EIN: 222132516) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Clara Maass Foundation spend its money?
Clara Maass Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Clara Maass Foundation tax-deductible?
Clara Maass Foundation is registered as a tax-exempt nonprofit (EIN: 222132516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Clara Maass Foundation CEO make?
Clara Maass Foundation's highest-compensated officer earns $0 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Clara Maass Foundation's spending goes to programs?
Clara Maass Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Clara Maass Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Clara Maass Foundation is above average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clara Maass Foundation located?
Clara Maass Foundation is headquartered in Oceanport, New Jersey and files with the IRS under EIN 222132516. It is classified under NTEE code E112.
How many years of IRS 990 filings does Clara Maass Foundation have?
Clara Maass Foundation has 13 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 $2.4M in total revenue.
What does Clara Maass Foundation do?
Clara Maass Foundation is a nonprofit organization in the Health Care sector, located in Oceanport, New Jersey. It is classified under NTEE code E112.
How much revenue does Clara Maass Foundation have?
Clara Maass Foundation reported total revenue of $2,409,187. Based on 13 IRS 990 filings on record.
What are Clara Maass Foundation's total assets?
Clara Maass Foundation holds total assets of $2,456,299 as reported in IRS 990 filings.
Where is Clara Maass Foundation located?
Clara Maass Foundation is based in Oceanport, New Jersey.
What is Clara Maass Foundation's EIN?
Clara Maass Foundation's Employer Identification Number (EIN) is 222132516. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Clara Maass Foundation?
Clara Maass Foundation is classified under NTEE code E112 (Health Care).
Is Clara Maass Foundation a registered 501(c)(3)?
Yes, Clara Maass Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222132516.
Does Clara Maass Foundation file IRS Form 990?
Yes, Clara Maass Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Clara Maass Foundation's revenue in 2023?
In the 202312 filing period, Clara Maass Foundation reported total revenue of $3,047,845, total expenses of $5,309,755, and net assets of $1,924,113.
Is Clara Maass Foundation's revenue growing or declining?
Clara Maass Foundation's revenue is growing. Revenue went from $2,173,751 (202212) to $3,047,845 (202312), a +40.2% change. Based on 13 filings on record.
What is Clara Maass Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Clara Maass Foundation covers tax period 202312. It shows revenue of $3,047,845, expenses of $5,309,755, total assets of $1,924,113, and liabilities of $265,113.
How much does Clara Maass Foundation spend on programs vs administration?
Based on IRS 990 analysis, Clara Maass Foundation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Clara Maass Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Clara Maass Foundation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Clara Maass Foundation?
The following concerns were identified: Consistent reporting of 0% compensation for all key employees across multiple years raises questions about the true nature of executive compensation.. Significant fluctuation in assets, from $5,121,831 in 2022 to $1,924,113 in 2023, requires further explanation.. The organization's expenses ($5,309,755 in 2023) significantly exceeded its revenue ($3,047,845) in the most recent filing, indicating a substantial deficit.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Clara Maass Foundation's strengths?
Positive indicators for Clara Maass Foundation include: The foundation has demonstrated consistent revenue generation, generally above $2 million in recent years.. The organization has maintained a presence for several years, indicating operational stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Clara Maass Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with revenues exceeding $2 million in recent years and suggests potential indirect compensation or reporting discrepancies. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported 0% compensation for key employees, how does the Clara Maass Foundation attract and retain leadership, and what are the actual costs associated with executive functions?
The consistent reporting of 0% compensation suggests that executive functions might be fulfilled by volunteers, through a related entity, or that compensation is structured in a way not captured by the 'c' field in the provided data. A deeper dive into their Form 990 would be necessary to understand the full compensation picture.
What factors contributed to the substantial decrease in assets from $5,121,831 in 2022 to $1,924,113 in 2023, and how does this impact the foundation's long-term financial health?
The significant asset reduction could be due to large program expenditures, investment losses, or a transfer of assets. This decrease, coupled with expenses exceeding revenue in 2023, suggests a potential strain on financial reserves that could affect future operational capacity if not addressed.
Filing History
IRS 990 filing history for Clara Maass Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clara Maass Foundation's revenue has grown by 98%, moving from $1.5M to $3.0M. Total assets decreased by 36.5% over the same period, from $3.0M to $1.9M. Total functional expenses rose by 333.3%, from $1.2M to $5.3M. In its most recent filing year (2023), Clara Maass Foundation reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $265K in liabilities against $1.9M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $5.3M | $1.9M | $265K | — | — |
| 2022 | $2.2M | $2.1M | $5.1M | $1.3M | — | View 990 |
| 2021 | $2.4M | $2.1M | $4.0M | $157K | — | View 990 |
| 2020 | $2.2M | $2.2M | $4.5M | $883K | — | View 990 |
| 2019 | $1.5M | $1.6M | $3.6M | $86K | — | View 990 |
| 2018 | $1.1M | $834K | $3.7M | $103K | — | View 990 |
| 2017 | $1.2M | $1.2M | $3.6M | $257K | — | View 990 |
| 2016 | $1.2M | $933K | $3.4M | $77K | — | View 990 |
| 2015 | $1.0M | $1.3M | $3.3M | $140K | — | View 990 |
| 2014 | $1.6M | $1.5M | $3.7M | $58K | — | View 990 |
| 2013 | $1.4M | $1.5M | $3.6M | $50K | — | View 990 |
| 2012 | $1.6M | $1.1M | $3.6M | $40K | — | View 990 |
| 2011 | $1.5M | $1.2M | $3.0M | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $5.3M, and assets of $1.9M (revenue +40.2% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $5.1M (revenue -9.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.1M, and assets of $4.0M (revenue +9.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $4.5M (revenue +47.7% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $3.6M (revenue +32.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $834K, and assets of $3.7M (revenue -6.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $3.6M (revenue +2.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $933K, and assets of $3.4M (revenue +16.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.3M, and assets of $3.3M (revenue -36.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $3.7M (revenue +12.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $3.6M (revenue -9.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.1M, and assets of $3.6M (revenue +1.7% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.2M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clara Maass Foundation:
Data Sources and Methodology
This transparency report for Clara Maass Foundation 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.