Princeton Prospect Foundation
EIN: 226075964 · Princeton, NJ · NTEE: B43I
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.1M |
| Net Assets | $9.0M |
Is Princeton Prospect Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Princeton Prospect Foundation
Princeton Prospect Foundation (EIN: 226075964) is a nonprofit organization based in Princeton, NJ, classified under NTEE code B43I. The organization reported total revenue of $2.9M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Prospect Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Prospect Foundation is a mid-size nonprofit that has been operating for 65 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$3.4M |
| Total Assets | $9.0M |
| Total Liabilities | $17 |
| Net Assets | $9.0M |
| Operating Margin | 75.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 96.4 months |
Financial Health Grade: A
In 2024, Princeton Prospect Foundation reported a surplus of $3.4M with revenue exceeding expenses, holds 96.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Princeton Prospect Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +83.5% | +474.9% | +66.2% |
| 2023 | +187.0% | -50.5% | +79.1% |
| 2022 | +65.9% | -42.8% | +6.2% |
| 2021 | -19.3% | -29.1% | +6.1% |
| 2020 | -49.2% | -43.0% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Princeton Prospect Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Princeton Prospect Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Princeton Prospect Foundation
Is Princeton Prospect Foundation a legitimate charity?
Princeton Prospect Foundation (EIN: 226075964) is a registered tax-exempt nonprofit based in New Jersey. It has 14 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: A.
How does Princeton Prospect Foundation spend its money?
Princeton Prospect Foundation reported $2.9M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Princeton Prospect Foundation tax-deductible?
Princeton Prospect Foundation is registered as a tax-exempt nonprofit (EIN: 226075964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Princeton Prospect Foundation located?
Princeton Prospect Foundation is headquartered in Princeton, New Jersey and files with the IRS under EIN 226075964. It is classified under NTEE code B43I.
How many years of IRS 990 filings does Princeton Prospect Foundation have?
Princeton Prospect Foundation has 14 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Princeton Prospect Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Princeton Prospect Foundation's revenue has declined by 0.8%, moving from $4.6M to $4.6M. Total assets increased by 747.8% over the same period, from $1.1M to $9.0M. Total functional expenses fell by 84.1%, from $7.0M to $1.1M. In its most recent filing year (2024), Princeton Prospect Foundation reported a surplus of $3.4M, with revenue exceeding expenses. The organization holds $17 in liabilities against $9.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.6M | $1.1M | $9.0M | $17 | — | View 990 |
| 2023 | $2.5M | $195K | $5.4M | $42 | — | View 990 |
| 2022 | $865K | $393K | $3.0M | $172 | — | View 990 |
| 2021 | $521K | $688K | $2.8M | $34 | — | View 990 |
| 2020 | $646K | $970K | $2.7M | $49 | — | View 990 |
| 2019 | $1.3M | $1.7M | $3.0M | $138 | — | View 990 |
| 2018 | $1.2M | $321K | $3.4M | $29 | — | View 990 |
| 2017 | $903K | $396K | $2.5M | $0 | — | View 990 |
| 2016 | $812K | $953K | $1.9M | $0 | — | View 990 |
| 2015 | $512K | $725K | $2.1M | $0 | — | View 990 |
| 2014 | $497K | $165K | $2.3M | $0 | — | View 990 |
| 2013 | $1.3M | $376K | $2.0M | $0 | — | View 990 |
| 2012 | $1.7M | $1.7M | $1.1M | $7K | — | View 990 |
| 2011 | $4.6M | $7.0M | $1.1M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.6M, expenses of $1.1M, and assets of $9.0M (revenue +83.5% year-over-year).
- 2023: Revenue of $2.5M, expenses of $195K, and assets of $5.4M (revenue +187.0% year-over-year).
- 2022: Revenue of $865K, expenses of $393K, and assets of $3.0M (revenue +65.9% year-over-year).
- 2021: Revenue of $521K, expenses of $688K, and assets of $2.8M (revenue -19.3% year-over-year).
- 2020: Revenue of $646K, expenses of $970K, and assets of $2.7M (revenue -49.2% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.7M, and assets of $3.0M (revenue +6.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $321K, and assets of $3.4M (revenue +32.0% year-over-year).
- 2017: Revenue of $903K, expenses of $396K, and assets of $2.5M (revenue +11.3% year-over-year).
- 2016: Revenue of $812K, expenses of $953K, and assets of $1.9M (revenue +58.7% year-over-year).
- 2015: Revenue of $512K, expenses of $725K, and assets of $2.1M (revenue +3.0% year-over-year).
- 2014: Revenue of $497K, expenses of $165K, and assets of $2.3M (revenue -61.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $376K, and assets of $2.0M (revenue -23.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue -63.5% year-over-year).
- 2011: Revenue of $4.6M, expenses of $7.0M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Prospect Foundation:
Data Sources and Methodology
This transparency report for Princeton Prospect 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.