Nicholas G Rutgers Jr Foundation Inc
Nicholas G Rutgers Jr Foundation Inc maintains strong assets with volunteer leadership, though recent expenses exceeded revenue.
EIN: 133827542 · South River, NJ · NTEE: T20I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $260K |
| Total Expenses | $164K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.2M |
| Transparency Score | 85/100 |
Is Nicholas G Rutgers Jr Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nicholas G Rutgers Jr Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nicholas G Rutgers Jr Foundation Inc
Nicholas G Rutgers Jr Foundation Inc (EIN: 133827542) is a nonprofit organization based in South River, NJ, classified under NTEE code T20I. The organization reported total revenue of $260K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicholas G Rutgers Jr Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nicholas G Rutgers Jr Foundation Inc is a small nonprofit that has been operating for 31 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $164K |
| Surplus / Deficit | $-104,085 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -173.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.7 months |
Financial Health Grade: B
In 2023, Nicholas G Rutgers Jr Foundation Inc reported a deficit of $104K with expenses exceeding revenue, holds 158.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2012–2023), Nicholas G Rutgers Jr Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.7% | +123.6% | -20.1% |
| 2022 | +102.0% | +92.8% | +3.5% |
| 2021 | +8.0% | +201.6% | +1.7% |
| 2020 | -73.8% | -93.8% | +369.8% |
| 2015 | +76.1% | +1.8% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Nicholas G Rutgers Jr Foundation Inc with a Mission Score of 85 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Nicholas G Rutgers Jr Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $104K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization or one with no paid officers, which is highly commendable for a foundation of its size with over $2 million in assets.
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 Nicholas G Rutgers Jr Foundation Inc's IRS 990 filings:
- Expenses significantly exceeded revenue in the latest filing period (2023), leading to a notable decrease in assets.
Strengths
The following positive indicators were identified for Nicholas G Rutgers Jr Foundation Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds and volunteer leadership.
- Maintains a strong asset base, currently over $2.1 million, providing financial stability.
- Consistently reports minimal liabilities ($0 or $1), indicating strong financial health and low debt.
- Long history of IRS 990 filings (8 filings), demonstrating consistent compliance and transparency.
Frequently Asked Questions about Nicholas G Rutgers Jr Foundation Inc
Is Nicholas G Rutgers Jr Foundation Inc a legitimate charity?
Nicholas G Rutgers Jr Foundation Inc (EIN: 133827542) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $260K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Nicholas G Rutgers Jr Foundation Inc spend its money?
Nicholas G Rutgers Jr Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Nicholas G Rutgers Jr Foundation Inc tax-deductible?
Nicholas G Rutgers Jr Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133827542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nicholas G Rutgers Jr Foundation Inc CEO make?
Nicholas G Rutgers Jr Foundation Inc's highest-compensated officer earns $2 annually. The organization reported $260K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Nicholas G Rutgers Jr Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nicholas G Rutgers Jr Foundation Inc is above average for NTEE category T20I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nicholas G Rutgers Jr Foundation Inc located?
Nicholas G Rutgers Jr Foundation Inc is headquartered in South River, New Jersey and files with the IRS under EIN 133827542. It is classified under NTEE code T20I.
How many years of IRS 990 filings does Nicholas G Rutgers Jr Foundation Inc have?
Nicholas G Rutgers Jr Foundation Inc has 8 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 $260K in total revenue.
How does the foundation manage its expenses given the fluctuation in revenue?
The foundation's expenses have varied, for instance, from $12,623 in 2020 to $164,179 in 2023. While some periods show expenses well below revenue (e.g., 2022: $73,411 expenses vs. $165,641 revenue), the latest period (2023) shows expenses ($164,179) significantly exceeding revenue ($60,094), leading to a reduction in assets. This suggests the foundation may draw from its substantial asset base to cover operational costs in leaner revenue years.
What caused the significant decrease in assets from 2022 to 2023?
The assets decreased from $2,717,594 in 2022 to $2,171,522 in 2023. This $546,072 reduction is primarily attributable to the expenses ($164,179) significantly exceeding the revenue ($60,094) in the 2023 period, indicating the foundation utilized its reserves to cover its operations or grantmaking during that year.
What is the nature of the foundation's liabilities, consistently reported as $1 or $0?
The consistent reporting of minimal liabilities ($1 or $0) across all filings suggests that the foundation operates with very little debt or outstanding obligations. This indicates strong financial management and a healthy balance sheet, minimizing financial risk.
Filing History
IRS 990 filing history for Nicholas G Rutgers Jr Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), Nicholas G Rutgers Jr Foundation Inc's revenue has declined by 70%, moving from $200K to $60K. Total assets increased by 220.1% over the same period, from $678K to $2.2M. Total functional expenses fell by 12%, from $186K to $164K. In its most recent filing year (2023), Nicholas G Rutgers Jr Foundation Inc reported a deficit of $104K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $164K | $2.2M | $1 | — | — |
| 2022 | $166K | $73K | $2.7M | $1 | — | View 990 |
| 2021 | $82K | $38K | $2.6M | $1 | — | View 990 |
| 2020 | $76K | $13K | $2.6M | $1 | — | — |
| 2015 | $290K | $202K | $549K | $0 | — | View 990 |
| 2014 | $164K | $199K | $582K | $1 | — | View 990 |
| 2013 | $150K | $212K | $616K | $0 | — | View 990 |
| 2012 | $200K | $186K | $678K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $164K, and assets of $2.2M (revenue -63.7% year-over-year).
- 2022: Revenue of $166K, expenses of $73K, and assets of $2.7M (revenue +102.0% year-over-year).
- 2021: Revenue of $82K, expenses of $38K, and assets of $2.6M (revenue +8.0% year-over-year).
- 2020: Revenue of $76K, expenses of $13K, and assets of $2.6M (revenue -73.8% year-over-year).
- 2015: Revenue of $290K, expenses of $202K, and assets of $549K (revenue +76.1% year-over-year).
- 2014: Revenue of $164K, expenses of $199K, and assets of $582K (revenue +9.6% year-over-year).
- 2013: Revenue of $150K, expenses of $212K, and assets of $616K (revenue -25.1% year-over-year).
- 2012: Revenue of $200K, expenses of $186K, and assets of $678K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nicholas G Rutgers Jr Foundation Inc:
Data Sources and Methodology
This transparency report for Nicholas G Rutgers Jr 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.