Stern Family Foundation
Stern Family Foundation: Consistent Growth, Minimal Overhead, and Strong Program Focus
EIN: 222495169 · Cranbury, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $512K |
| Total Expenses | $670K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $27K |
| Transparency Score | 85/100 |
Is Stern Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stern Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stern Family Foundation
Stern Family Foundation (EIN: 222495169) is a nonprofit organization based in Cranbury, NJ. The organization reported total revenue of $512K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stern Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stern Family Foundation is a small nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $607K |
| Total Expenses | $670K |
| Surplus / Deficit | $-62,571 |
| Total Assets | $27K |
| Total Liabilities | $1 |
| Net Assets | $27K |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Stern Family Foundation reported a deficit of $63K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stern Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +15.3% | -70.2% |
| 2022 | +8.7% | +35.2% | -16.5% |
| 2021 | +30.6% | +11.9% | +480.2% |
| 2020 | +47.1% | +44.4% | +208.1% |
| 2019 | +68.5% | +61.2% | +230.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Stern Family Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Stern Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or that compensation is covered by an external entity, which is highly efficient for a nonprofit.
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.
Strengths
The following positive indicators were identified for Stern Family Foundation:
- High program efficiency: In 2023, 90% of expenses ($607,000 out of $669,571) were directed towards programs.
- Consistent revenue growth: Revenue has steadily increased from $269,500 in 2019 to $607,000 in 2023.
- Strong asset growth: Assets have grown significantly, indicating good financial management and sustainability.
- Zero reported executive compensation: This maximizes funds available for charitable activities.
- Low administrative overhead: Administrative expenses are consistently low, contributing to high program spending.
Frequently Asked Questions about Stern Family Foundation
Is Stern Family Foundation a legitimate charity?
Stern Family Foundation (EIN: 222495169) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $512K. No red flags identified. 5 strengths noted. Financial health grade: C.
How does Stern Family Foundation spend its money?
Stern Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Stern Family Foundation tax-deductible?
Stern Family Foundation is registered as a tax-exempt nonprofit (EIN: 222495169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stern Family Foundation CEO make?
Stern Family Foundation's highest-compensated officer earns $0 annually. The organization reported $512K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Stern Family Foundation's spending goes to programs?
Stern Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Stern Family Foundation located?
Stern Family Foundation is headquartered in Cranbury, New Jersey and files with the IRS under EIN 222495169.
How many years of IRS 990 filings does Stern Family Foundation have?
Stern Family 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 $512K in total revenue.
What does Stern Family Foundation do?
Stern Family Foundation is a nonprofit organization in the Unknown sector, located in Cranbury, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Stern Family Foundation have?
Stern Family Foundation reported total revenue of $512,000. Based on 10 IRS 990 filings on record.
What are Stern Family Foundation's total assets?
Stern Family Foundation holds total assets of $7,901 as reported in IRS 990 filings.
Where is Stern Family Foundation located?
Stern Family Foundation is based in Cranbury, New Jersey.
What is Stern Family Foundation's EIN?
Stern Family Foundation's Employer Identification Number (EIN) is 222495169. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Stern Family Foundation?
Stern Family Foundation is classified under NTEE code Unknown (Unknown).
Is Stern Family Foundation a registered 501(c)(3)?
Stern Family Foundation appears in IRS records (EIN: 222495169). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Stern Family Foundation file IRS Form 990?
Yes, Stern Family Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Stern Family Foundation's revenue in 2023?
In the 202312 filing period, Stern Family Foundation reported total revenue of $607,000, total expenses of $669,571, and net assets of $26,547.
Is Stern Family Foundation's revenue growing or declining?
Stern Family Foundation's revenue is growing. Revenue went from $563,100 (202212) to $607,000 (202312), a +7.8% change. Based on 10 filings on record.
What is Stern Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Stern Family Foundation covers tax period 202312. It shows revenue of $607,000, expenses of $669,571, total assets of $26,547, and liabilities of $1.
How much does Stern Family Foundation spend on programs vs administration?
Based on IRS 990 analysis, Stern Family Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Stern Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Stern Family Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Stern Family Foundation's strengths?
Positive indicators for Stern Family Foundation include: High program efficiency: In 2023, 90% of expenses ($607,000 out of $669,571) were directed towards programs.. Consistent revenue growth: Revenue has steadily increased from $269,500 in 2019 to $607,000 in 2023.. Strong asset growth: Assets have grown significantly, indicating good financial management and sustainability.. Zero reported executive compensation: This maximizes funds available for charitable activities.. Low administrative overhead: Administrative expenses are consistently low, contributing to high program spending.. These findings are derived from AI analysis of the organization's financial filings.
How does Stern Family Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-based leadership or that compensation is covered by an external entity, which is highly efficient for a nonprofit. 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 foundation ensure effective leadership and operational management without direct salary incentives?
The foundation likely relies on dedicated volunteer leadership, pro-bono services, or has its administrative and executive functions supported by an affiliated entity or a founding family's resources, allowing all reported funds to go directly to programs and minimal overhead.
What specific types of programs or initiatives does the Stern Family Foundation fund, given its consistent high program spending and growth in revenue?
While the provided data doesn't specify program types, the consistent allocation of over 90% of expenses to programs (e.g., $607,000 in 2023) suggests a focused mission. Further investigation into their public statements or detailed Form 990s would be needed to identify specific beneficiaries or areas of impact.
Filing History
IRS 990 filing history for Stern Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stern Family Foundation's revenue has declined by 24.1%, moving from $800K to $607K. Total assets increased by 282.5% over the same period, from $7K to $27K. Total functional expenses fell by 15.6%, from $793K to $670K. In its most recent filing year (2023), Stern Family Foundation reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1 in liabilities against $27K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $607K | $670K | $27K | $1 | — | — |
| 2022 | $563K | $581K | $89K | $1 | — | View 990 |
| 2021 | $518K | $430K | $107K | $1 | — | View 990 |
| 2020 | $397K | $384K | $18K | $1 | — | View 990 |
| 2019 | $270K | $266K | $6K | $0 | — | View 990 |
| 2015 | $160K | $165K | $2K | $0 | — | View 990 |
| 2014 | $478K | $478K | $7K | $0 | — | View 990 |
| 2013 | $540K | $540K | $7K | $0 | — | View 990 |
| 2012 | $759K | $759K | $6K | $0 | — | View 990 |
| 2011 | $800K | $793K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $607K, expenses of $670K, and assets of $27K (revenue +7.8% year-over-year).
- 2022: Revenue of $563K, expenses of $581K, and assets of $89K (revenue +8.7% year-over-year).
- 2021: Revenue of $518K, expenses of $430K, and assets of $107K (revenue +30.6% year-over-year).
- 2020: Revenue of $397K, expenses of $384K, and assets of $18K (revenue +47.1% year-over-year).
- 2019: Revenue of $270K, expenses of $266K, and assets of $6K (revenue +68.5% year-over-year).
- 2015: Revenue of $160K, expenses of $165K, and assets of $2K (revenue -66.5% year-over-year).
- 2014: Revenue of $478K, expenses of $478K, and assets of $7K (revenue -11.6% year-over-year).
- 2013: Revenue of $540K, expenses of $540K, and assets of $7K (revenue -28.8% year-over-year).
- 2012: Revenue of $759K, expenses of $759K, and assets of $6K (revenue -5.2% year-over-year).
- 2011: Revenue of $800K, expenses of $793K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stern Family Foundation:
Data Sources and Methodology
This transparency report for Stern Family 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.