Stonehenge Foundation Inc
Stonehenge Foundation Inc. faces revenue volatility and deficit spending despite substantial assets.
EIN: 201528096 · Livingston, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $589K |
| Total Expenses | $560K |
| Program Spending | 70% |
| Net Assets | $3.1M |
| Transparency Score | 65/100 |
Is Stonehenge Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stonehenge Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Stonehenge Foundation Inc
Stonehenge Foundation Inc (EIN: 201528096) is a nonprofit organization based in Livingston, NJ, classified under NTEE code T22. The organization reported total revenue of $589K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stonehenge Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stonehenge Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $417K |
| Total Expenses | $560K |
| Surplus / Deficit | $-143,343 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -34.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 65.7 months |
Financial Health Grade: B
In 2023, Stonehenge Foundation Inc reported a deficit of $143K with expenses exceeding revenue, holds 65.7 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), Stonehenge Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.7% | -27.0% | -4.5% |
| 2022 | -79.0% | -39.1% | -12.6% |
| 2021 | +298.8% | +278.0% | +5.3% |
| 2020 | -71.6% | -37.1% | +0.1% |
| 2019 | +2887.4% | +136.9% | +57.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Stonehenge Foundation Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Stonehenge Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that compensation is reported under other expense categories, which would require further scrutiny for full transparency.
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 Stonehenge Foundation Inc's IRS 990 filings:
- Significant revenue volatility year-over-year, impacting financial predictability.
- Expenses frequently exceeding revenue in recent periods (e.g., 2023, 2022), indicating deficit spending.
- Unusual and consistent reporting of $1 in liabilities across multiple years, raising questions about balance sheet accuracy.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for Stonehenge Foundation Inc:
- Maintains a substantial asset base, reaching over $3 million in recent years, providing financial cushion.
- Consistent filing of IRS Form 990s, indicating adherence to regulatory transparency requirements.
- No reported officer compensation, potentially indicating a volunteer-driven leadership or efficient use of funds for executive roles.
Frequently Asked Questions about Stonehenge Foundation Inc
Is Stonehenge Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stonehenge Foundation Inc (EIN: 201528096) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Stonehenge Foundation Inc spend its money?
Stonehenge Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stonehenge Foundation Inc tax-deductible?
Stonehenge Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201528096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stonehenge Foundation Inc's spending goes to programs?
Stonehenge Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Stonehenge Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Stonehenge Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stonehenge Foundation Inc located?
Stonehenge Foundation Inc is headquartered in Livingston, New Jersey and files with the IRS under EIN 201528096. It is classified under NTEE code T22.
How many years of IRS 990 filings does Stonehenge Foundation Inc have?
Stonehenge Foundation Inc 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 $589K in total revenue.
Why does Stonehenge Foundation Inc. consistently report only $1 in liabilities across multiple years?
The consistent reporting of $1 in liabilities is highly unusual for an organization of this size and asset base. It could indicate a specific accounting practice, a lack of significant debt, or potentially an oversight in reporting, warranting a deeper look into their balance sheet details.
How does Stonehenge Foundation Inc. manage its significant revenue volatility, such as the drop from $1,443,987 in 2021 to $302,808 in 2022?
The extreme fluctuations in revenue suggest an inconsistent funding model, possibly reliant on large, infrequent grants or donations. Understanding their fundraising strategy and financial reserves management is crucial for assessing long-term stability.
What is the detailed breakdown of program, administrative, and fundraising expenses for Stonehenge Foundation Inc.?
Without a detailed breakdown of expenses, it's challenging to fully assess the organization's spending efficiency and how much of its budget directly supports its mission. This information is critical for evaluating financial health and impact.
Given the NTEE code T22 (Grantmaking), what specific programs or organizations does Stonehenge Foundation Inc. support with its grants?
As a grantmaking foundation, the effectiveness of Stonehenge Foundation Inc. is largely tied to the impact of the organizations it funds. Knowing its grant recipients and their outcomes would provide insight into its mission fulfillment.
Filing History
IRS 990 filing history for Stonehenge Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stonehenge Foundation Inc's revenue has grown by 136.6%, moving from $176K to $417K. Total assets increased by 15.1% over the same period, from $2.7M to $3.1M. Total functional expenses rose by 244.8%, from $162K to $560K. In its most recent filing year (2023), Stonehenge Foundation Inc reported a deficit of $143K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $417K | $560K | $3.1M | $1 | — | — |
| 2022 | $303K | $767K | $3.2M | $1 | — | View 990 |
| 2021 | $1.4M | $1.3M | $3.7M | $1 | — | View 990 |
| 2020 | $362K | $333K | $3.5M | $1 | — | View 990 |
| 2019 | $1.3M | $529K | $3.5M | $1 | — | View 990 |
| 2015 | $43K | $223K | $2.2M | $1 | — | View 990 |
| 2014 | $210K | $222K | $2.4M | $1 | — | View 990 |
| 2013 | $143K | $212K | $2.6M | $1 | — | View 990 |
| 2012 | $155K | $182K | $2.5M | $1 | — | View 990 |
| 2011 | $176K | $162K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $417K, expenses of $560K, and assets of $3.1M (revenue +37.7% year-over-year).
- 2022: Revenue of $303K, expenses of $767K, and assets of $3.2M (revenue -79.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $3.7M (revenue +298.8% year-over-year).
- 2020: Revenue of $362K, expenses of $333K, and assets of $3.5M (revenue -71.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $529K, and assets of $3.5M (revenue +2887.4% year-over-year).
- 2015: Revenue of $43K, expenses of $223K, and assets of $2.2M (revenue -79.7% year-over-year).
- 2014: Revenue of $210K, expenses of $222K, and assets of $2.4M (revenue +46.8% year-over-year).
- 2013: Revenue of $143K, expenses of $212K, and assets of $2.6M (revenue -7.6% year-over-year).
- 2012: Revenue of $155K, expenses of $182K, and assets of $2.5M (revenue -12.2% year-over-year).
- 2011: Revenue of $176K, expenses of $162K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stonehenge Foundation Inc:
Data Sources and Methodology
This transparency report for Stonehenge 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.