Sandy Hill Foundation

Sandy Hill Foundation: Declining Revenue, Stable Assets, and High Administrative Costs Raise Questions

EIN: 222668774 · Madison, NJ · Updated: 2026-04-04

$13.6MRevenue
$25.4MAssets
65/100Mission Score (Good)

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Sandy Hill Foundation Financial Summary
MetricValue
Total Revenue$13.6M
Total Expenses$3.5M
Program Spending60%
CEO/Top Officer Pay$0
Net Assets$16.8M
Transparency Score65/100

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Sandy Hill Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Sandy Hill 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 Sandy Hill Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $84K and expenses of $3.5M.

Revenue and Expenses

Sandy Hill Foundation reported $84K in revenue and $3.5M in expenses, a deficit of $3.4M.

Executive Compensation

Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

65/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Sandy Hill Foundation Legit?

Some Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
GoodTransparency
4 FoundRed Flags

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

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Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
60%Program Expense
$0Grants Paid
10Stored 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

Sandy Hill Foundation Expense Deployment
Program services$2.1M (60%)

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

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Sandy Hill Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend60% to programsBelow Average
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

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Sandy Hill Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Sandy Hill Foundation

Sandy Hill Foundation (EIN: 222668774) is a nonprofit organization based in Madison, NJ. The organization reported total revenue of $13.6M and total assets of $25.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandy Hill Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

39Years Operating
LargeSize Classification
10Years of Filings
MixedRevenue Trajectory

Sandy Hill Foundation is a large nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -26.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$84K
Total Expenses$3.5M
Surplus / Deficit$-3,403,945
Total Assets$16.8M
Total Liabilities$1
Net Assets$16.8M
Operating Margin-4061.0%
Debt-to-Asset Ratio0.0%
Months of Reserves57.8 months

Financial Health Grade: B

In 2023, Sandy Hill Foundation reported a deficit of $3.4M with expenses exceeding revenue, holds 57.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Sandy Hill Foundation's revenue has declined at a compound annual growth rate (CAGR) of -26.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-77.7%+4.6%-2.6%
2022-91.0%-21.8%-28.1%
2021-55.7%-4.5%-5.4%
2020+224.2%+0.2%+20.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1987

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

AI Transparency Report

Sandy Hill Foundation is a unknown nonprofit based in Madison, New Jersey, with reported revenue of $13.6M and assets of $25.4M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 25% to administration, and 15% to fundraising. Executive compensation is consistently reported as $0 across all available filings, which is highly unusual for an organization with assets exceeding $16 million and warrants further scrutiny. Revenue has declined -98% across 10 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sandy Hill Foundation with a Mission Score of 65 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: 25%
  • programs: 60%
  • fundraising: 15%

According to IRS 990 filings, Sandy Hill Foundation allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$84KTotal Revenue
$3.5MTotal Expenses
$16.8MTotal Assets
$1Total Liabilities
$16.8MNet Assets
  • The organization reported a deficit of $3.4M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as $0 across all available filings, which is highly unusual for an organization with assets exceeding $16 million and warrants further scrutiny.

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 Sandy Hill Foundation's IRS 990 filings:

  • Consistent reporting of $0 for executive compensation ('c0%') across all years, despite significant assets and expenses.
  • Dramatic decline in reported revenue from $9,459,753 in 2020 to $83,821 in 2023.
  • High administrative expenses relative to program spending, especially given the declining revenue.
  • Lack of detailed program descriptions in available data makes it difficult to assess impact.

Strengths

The following positive indicators were identified for Sandy Hill Foundation:

  • Maintains substantial assets, with $16,809,231 reported in 2023, providing a strong financial base.
  • Consistent filing of financial data, indicating adherence to reporting requirements.

Frequently Asked Questions about Sandy Hill Foundation

Is Sandy Hill Foundation a legitimate charity?

Sandy Hill Foundation (EIN: 222668774) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.6M. 4 red flags identified. 2 strengths noted. Financial health grade: B.

How does Sandy Hill Foundation spend its money?

Sandy Hill Foundation directs 60% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.

Are donations to Sandy Hill Foundation tax-deductible?

Sandy Hill Foundation is registered as a tax-exempt nonprofit (EIN: 222668774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Sandy Hill Foundation CEO make?

Sandy Hill Foundation's highest-compensated officer earns $0 annually. The organization reported $13.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Sandy Hill Foundation's spending goes to programs?

Sandy Hill Foundation directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

Where is Sandy Hill Foundation located?

Sandy Hill Foundation is headquartered in Madison, New Jersey and files with the IRS under EIN 222668774.

How many years of IRS 990 filings does Sandy Hill Foundation have?

Sandy Hill Foundation has 10 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 $13.6M in total revenue.

What does Sandy Hill Foundation do?

Sandy Hill Foundation is a nonprofit organization in the Unknown sector, located in Madison, New Jersey. It is classified under NTEE code Unknown.

How much revenue does Sandy Hill Foundation have?

Sandy Hill Foundation reported total revenue of $13,569,764. Based on 10 IRS 990 filings on record.

What are Sandy Hill Foundation's total assets?

Sandy Hill Foundation holds total assets of $25,405,664 as reported in IRS 990 filings.

Where is Sandy Hill Foundation located?

Sandy Hill Foundation is based in Madison, New Jersey.

What is Sandy Hill Foundation's EIN?

Sandy Hill Foundation's Employer Identification Number (EIN) is 222668774. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Sandy Hill Foundation?

Sandy Hill Foundation is classified under NTEE code Unknown (Unknown).

Is Sandy Hill Foundation a registered 501(c)(3)?

Sandy Hill Foundation appears in IRS records (EIN: 222668774). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does Sandy Hill Foundation file IRS Form 990?

Yes, Sandy Hill Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.

What was Sandy Hill Foundation's revenue in 2023?

In the 202312 filing period, Sandy Hill Foundation reported total revenue of $83,821, total expenses of $3,487,766, and net assets of $16,809,231.

Is Sandy Hill Foundation's revenue growing or declining?

Sandy Hill Foundation's revenue is declining. Revenue went from $375,908 (202212) to $83,821 (202312), a -77.7% change. Based on 10 filings on record.

What is Sandy Hill Foundation's most recent 990 filing?

The most recent IRS Form 990 filing for Sandy Hill Foundation covers tax period 202312. It shows revenue of $83,821, expenses of $3,487,766, total assets of $16,809,231, and liabilities of $1.

How much does Sandy Hill Foundation spend on programs vs administration?

Based on IRS 990 analysis, Sandy Hill Foundation allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.

Is Sandy Hill Foundation a trustworthy charity?

Based on AI analysis of IRS 990 data, Sandy Hill Foundation shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.

What are the red flags for Sandy Hill Foundation?

The following concerns were identified: Consistent reporting of $0 for executive compensation ('c0%') across all years, despite significant assets and expenses.. Dramatic decline in reported revenue from $9,459,753 in 2020 to $83,821 in 2023.. High administrative expenses relative to program spending, especially given the declining revenue.. Lack of detailed program descriptions in available data makes it difficult to assess impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are Sandy Hill Foundation's strengths?

Positive indicators for Sandy Hill Foundation include: Maintains substantial assets, with $16,809,231 reported in 2023, providing a strong financial base.. Consistent filing of financial data, indicating adherence to reporting requirements.. These findings are derived from AI analysis of the organization's financial filings.

How does Sandy Hill Foundation compensate executives?

Executive compensation is consistently reported as $0 across all available filings, which is highly unusual for an organization with assets exceeding $16 million and warrants further scrutiny. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the consistent reporting of $0 for executive compensation, how does the Sandy Hill Foundation manage its leadership and operational oversight, and what mechanisms are in place to ensure accountability?

The consistent reporting of $0 for executive compensation is highly unusual and suggests either a fully volunteer-run leadership, or that compensation is being reported under a different category or through an affiliated entity not immediately apparent in the provided data. This warrants a deeper dive into their Form 990s for specific compensation schedules and related party transactions.

What factors contributed to the precipitous drop in reported revenue from over $9 million in 2020 to less than $100,000 in 2023, and how has the organization adapted its operations to this change?

The drastic decline in revenue suggests a significant shift in funding sources, program activities, or reporting methodology. Without further information, it's unclear if this represents a strategic pivot, a loss of major grants, or an error in reporting. The organization's ability to maintain substantial assets despite this revenue drop is noteworthy.

Filing History

IRS 990 filing history for Sandy Hill Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Sandy Hill Foundation's revenue has declined by 97.6%, moving from $3.5M to $84K. Total assets decreased by 51.1% over the same period, from $34.4M to $16.8M. Total functional expenses rose by 77.9%, from $2.0M to $3.5M. In its most recent filing year (2023), Sandy Hill Foundation reported a deficit of $3.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $84K $3.5M $16.8M $1
2022 $376K $3.3M $17.3M $1 View 990
2021 $4.2M $4.3M $24.0M $1 View 990
2020 $9.5M $4.5M $25.4M $1 View 990
2019 $2.9M $4.5M $21.1M $0 View 990
2015 $-109,241 $4.2M $29.0M $0 View 990
2014 $2.1M $5.6M $34.2M $0 View 990
2013 $837K $2.1M $39.1M $0 View 990
2012 $894K $1.5M $36.4M $0 View 990
2011 $3.5M $2.0M $34.4M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $84K, expenses of $3.5M, and assets of $16.8M (revenue -77.7% year-over-year).
  • 2022: Revenue of $376K, expenses of $3.3M, and assets of $17.3M (revenue -91.0% year-over-year).
  • 2021: Revenue of $4.2M, expenses of $4.3M, and assets of $24.0M (revenue -55.7% year-over-year).
  • 2020: Revenue of $9.5M, expenses of $4.5M, and assets of $25.4M (revenue +224.2% year-over-year).
  • 2019: Revenue of $2.9M, expenses of $4.5M, and assets of $21.1M.
  • 2015: Revenue of $-109,241, expenses of $4.2M, and assets of $29.0M (revenue -105.1% year-over-year).
  • 2014: Revenue of $2.1M, expenses of $5.6M, and assets of $34.2M (revenue +154.1% year-over-year).
  • 2013: Revenue of $837K, expenses of $2.1M, and assets of $39.1M (revenue -6.4% year-over-year).
  • 2012: Revenue of $894K, expenses of $1.5M, and assets of $36.4M (revenue -74.1% year-over-year).
  • 2011: Revenue of $3.5M, expenses of $2.0M, and assets of $34.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sandy Hill Foundation:

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

Data Sources and Methodology

This transparency report for Sandy Hill 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.

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