Stone Foundation Of New Jersey
Stone Foundation Of New Jersey faces significant operating deficits with expenses consistently exceeding revenue in recent years.
EIN: 133947516 · Leonardo, NJ · NTEE: T70J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.2M |
| Total Expenses | $518K |
| Program Spending | 75% |
| Net Assets | $6.1M |
| Transparency Score | 60/100 |
Is Stone Foundation Of New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stone Foundation Of New Jersey directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stone Foundation Of New Jersey
Stone Foundation Of New Jersey (EIN: 133947516) is a nonprofit organization based in Leonardo, NJ, classified under NTEE code T70J. The organization reported total revenue of $24.2M and total assets of $28.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Foundation Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stone Foundation Of New Jersey is a large nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $518K |
| Surplus / Deficit | $-383,433 |
| Total Assets | $6.1M |
| Total Liabilities | $1 |
| Net Assets | $6.1M |
| Operating Margin | -285.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 141.0 months |
Financial Health Grade: B
In 2023, Stone Foundation Of New Jersey reported a deficit of $383K with expenses exceeding revenue, holds 141.0 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 (2012–2023), Stone Foundation Of New Jersey's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.7% | +4.5% | -5.9% |
| 2022 | -57.7% | -11.8% | -4.9% |
| 2021 | -55.1% | -39.0% | -2.6% |
| 2020 | -76.9% | +111.1% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Stone Foundation Of New Jersey with a Mission Score of 60 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Stone Foundation Of New Jersey allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $383K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either that no officers receive compensation or that it is covered by another entity, which is a strong positive for transparency and resource allocation relative to the organization's size and mission.
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 Stone Foundation Of New Jersey's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 revenue $134,365 vs. expenses $517,798).
- Significant decline in revenue from $848,879 in 2020 to $134,365 in 2023.
- Negative revenue reported in 2016 (-$88,756).
Strengths
The following positive indicators were identified for Stone Foundation Of New Jersey:
- Consistent reporting of 0% officer compensation, indicating strong transparency in executive pay.
- Long-term growth in assets, from $2.5M in 2012 to over $6M in 2023.
- Minimal liabilities reported across most filing periods.
Frequently Asked Questions about Stone Foundation Of New Jersey
Is Stone Foundation Of New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Stone Foundation Of New Jersey (EIN: 133947516) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Stone Foundation Of New Jersey spend its money?
Stone Foundation Of New Jersey directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stone Foundation Of New Jersey tax-deductible?
Stone Foundation Of New Jersey is registered as a tax-exempt nonprofit (EIN: 133947516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stone Foundation Of New Jersey's spending goes to programs?
Stone Foundation Of New Jersey directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stone Foundation Of New Jersey compare to similar nonprofits?
With a transparency score of 60/100 (Good), Stone Foundation Of New Jersey is above average for NTEE category T70J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stone Foundation Of New Jersey located?
Stone Foundation Of New Jersey is headquartered in Leonardo, New Jersey and files with the IRS under EIN 133947516. It is classified under NTEE code T70J.
How many years of IRS 990 filings does Stone Foundation Of New Jersey have?
Stone Foundation Of New Jersey 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 $24.2M in total revenue.
Why has the Stone Foundation Of New Jersey experienced consistent operating deficits in recent years?
The filings show that from 2021 to 2023, expenses ($562,009, $495,641, $517,798 respectively) have consistently exceeded revenue ($381,209, $161,356, $134,365 respectively), leading to significant annual losses.
What is the long-term trend of the organization's assets?
Despite recent operating deficits, the organization's assets have generally grown over the long term, from $2,585,772 in 2012 to $6,083,344 in 2023.
Is the organization transparent about executive compensation?
Yes, all available filings consistently report 0% for officer compensation, indicating a high level of transparency in this area.
Filing History
IRS 990 filing history for Stone Foundation Of New Jersey showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Stone Foundation Of New Jersey's revenue has declined by 65%, moving from $384K to $134K. Total assets increased by 135.3% over the same period, from $2.6M to $6.1M. Total functional expenses rose by 20.6%, from $429K to $518K. In its most recent filing year (2023), Stone Foundation Of New Jersey reported a deficit of $383K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $518K | $6.1M | $1 | — | View 990 |
| 2022 | $161K | $496K | $6.5M | $1 | — | View 990 |
| 2021 | $381K | $562K | $6.8M | $1K | — | — |
| 2020 | $849K | $921K | $7.0M | $1 | — | — |
| 2019 | $3.7M | $436K | $7.1M | $1 | — | View 990 |
| 2016 | $-88,756 | $392K | $2.8M | $1 | — | View 990 |
| 2015 | $527K | $489K | $3.3M | $0 | — | View 990 |
| 2014 | $865K | $454K | $3.2M | $1 | — | View 990 |
| 2013 | $674K | $442K | $2.8M | $0 | — | View 990 |
| 2012 | $384K | $429K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $518K, and assets of $6.1M (revenue -16.7% year-over-year).
- 2022: Revenue of $161K, expenses of $496K, and assets of $6.5M (revenue -57.7% year-over-year).
- 2021: Revenue of $381K, expenses of $562K, and assets of $6.8M (revenue -55.1% year-over-year).
- 2020: Revenue of $849K, expenses of $921K, and assets of $7.0M (revenue -76.9% year-over-year).
- 2019: Revenue of $3.7M, expenses of $436K, and assets of $7.1M.
- 2016: Revenue of $-88,756, expenses of $392K, and assets of $2.8M (revenue -116.9% year-over-year).
- 2015: Revenue of $527K, expenses of $489K, and assets of $3.3M (revenue -39.1% year-over-year).
- 2014: Revenue of $865K, expenses of $454K, and assets of $3.2M (revenue +28.5% year-over-year).
- 2013: Revenue of $674K, expenses of $442K, and assets of $2.8M (revenue +75.6% year-over-year).
- 2012: Revenue of $384K, expenses of $429K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stone Foundation Of New Jersey:
Data Sources and Methodology
This transparency report for Stone Foundation Of New Jersey 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.