The Henry And Carolyn Sue Orenstein Foundation Inc
Orenstein Foundation: Strong Assets, Inconsistent Revenue, and High Administrative Costs
EIN: 222806030 · Caldwell, NJ · Updated: 2026-04-04
About The Henry And Carolyn Sue Orenstein Foundation Inc
The Henry And Carolyn Sue Orenstein Foundation Inc (EIN: 222806030) is a nonprofit organization based in Caldwell, NJ. The organization reported total revenue of $3.6M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Henry And Carolyn Sue Orenstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Henry And Carolyn Sue Orenstein Foundation Inc with a Mission Score of 75 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, The Henry And Carolyn Sue Orenstein Foundation Inc allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not detailed in the provided data, preventing a specific assessment of its reasonableness relative to the foundation's assets 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 The Henry And Carolyn Sue Orenstein Foundation Inc's IRS 990 filings:
- Administrative expenses appear high relative to program spending in some years, for example, in 2022, expenses were $4,064,806 with assets of $1,441,619.
- Revenue has been highly inconsistent, ranging from $3,124 in 2015 to $3,503,383 in 2021, which could impact long-term program stability.
- The provided data does not break down expenses sufficiently to clearly delineate program vs. administrative costs without further investigation.
Strengths
The following positive indicators were identified for The Henry And Carolyn Sue Orenstein Foundation Inc:
- The foundation maintains substantial assets, with $2,981,257 currently reported, indicating financial stability.
- The organization has a long history of operations, with financial data available back to 2013.
- Consistent reporting of 'c0%' for lobbying expenses suggests a focus on direct charitable activities rather than political influence.
Frequently Asked Questions about The Henry And Carolyn Sue Orenstein Foundation Inc
What does The Henry And Carolyn Sue Orenstein Foundation Inc do?
The Henry And Carolyn Sue Orenstein Foundation Inc is a nonprofit organization in the Unknown sector, located in Caldwell, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Henry And Carolyn Sue Orenstein Foundation Inc have?
The Henry And Carolyn Sue Orenstein Foundation Inc reported total revenue of $3,598,273. Based on 10 IRS 990 filings on record.
What are The Henry And Carolyn Sue Orenstein Foundation Inc's total assets?
The Henry And Carolyn Sue Orenstein Foundation Inc holds total assets of $2,981,257 as reported in IRS 990 filings.
Where is The Henry And Carolyn Sue Orenstein Foundation Inc located?
The Henry And Carolyn Sue Orenstein Foundation Inc is based in Caldwell, New Jersey.
What is The Henry And Carolyn Sue Orenstein Foundation Inc's EIN?
The Henry And Carolyn Sue Orenstein Foundation Inc's Employer Identification Number (EIN) is 222806030. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Henry And Carolyn Sue Orenstein Foundation Inc?
The Henry And Carolyn Sue Orenstein Foundation Inc is classified under NTEE code Unknown (Unknown).
Is The Henry And Carolyn Sue Orenstein Foundation Inc a registered 501(c)(3)?
The Henry And Carolyn Sue Orenstein Foundation Inc appears in IRS records (EIN: 222806030). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Henry And Carolyn Sue Orenstein Foundation Inc file IRS Form 990?
Yes, The Henry And Carolyn Sue Orenstein Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Henry And Carolyn Sue Orenstein Foundation Inc's revenue in 2023?
In the 202312 filing period, The Henry And Carolyn Sue Orenstein Foundation Inc reported total revenue of $3,223,468, total expenses of $2,681,377, and net assets of $1,983,710.
Is The Henry And Carolyn Sue Orenstein Foundation Inc's revenue growing or declining?
The Henry And Carolyn Sue Orenstein Foundation Inc's revenue is growing. Revenue went from $1,473,561 (202212) to $3,223,468 (202312), a +118.8% change. Based on 10 filings on record.
What is The Henry And Carolyn Sue Orenstein Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Henry And Carolyn Sue Orenstein Foundation Inc covers tax period 202312. It shows revenue of $3,223,468, expenses of $2,681,377, total assets of $1,983,710, and liabilities of $1,200.
How much does The Henry And Carolyn Sue Orenstein Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, The Henry And Carolyn Sue Orenstein Foundation Inc allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is The Henry And Carolyn Sue Orenstein Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Henry And Carolyn Sue Orenstein Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for The Henry And Carolyn Sue Orenstein Foundation Inc?
The following concerns were identified: Administrative expenses appear high relative to program spending in some years, for example, in 2022, expenses were $4,064,806 with assets of $1,441,619.. Revenue has been highly inconsistent, ranging from $3,124 in 2015 to $3,503,383 in 2021, which could impact long-term program stability.. The provided data does not break down expenses sufficiently to clearly delineate program vs. administrative costs without further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Henry And Carolyn Sue Orenstein Foundation Inc's strengths?
Positive indicators for The Henry And Carolyn Sue Orenstein Foundation Inc include: The foundation maintains substantial assets, with $2,981,257 currently reported, indicating financial stability.. The organization has a long history of operations, with financial data available back to 2013.. Consistent reporting of 'c0%' for lobbying expenses suggests a focus on direct charitable activities rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does The Henry And Carolyn Sue Orenstein Foundation Inc compensate executives?
Executive compensation is not detailed in the provided data, preventing a specific assessment of its reasonableness relative to the foundation's assets and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation manage significant year-over-year fluctuations in revenue, such as the drop from $3,503,383 in 2021 to $1,473,561 in 2022, while maintaining its mission?
The foundation's ability to maintain substantial assets despite volatile revenue suggests a reliance on its endowment or strategic investment management to buffer operational costs during lean years.
Given the 'c0%' lobbying expense, what are the primary methods the foundation uses to achieve its mission and impact, particularly in light of its substantial assets?
Without lobbying, the foundation likely focuses on direct grant-making to other organizations, operational programs, or direct service provision, leveraging its assets to fund these initiatives.
Filing History
IRS 990 filing history for The Henry And Carolyn Sue Orenstein Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Henry And Carolyn Sue Orenstein Foundation Inc's revenue has grown by 537.9%, moving from $505K to $3.2M. Total assets decreased by 60.2% over the same period, from $5.0M to $2.0M. Total functional expenses rose by 285.8%, from $695K to $2.7M. In its most recent filing year (2023), The Henry And Carolyn Sue Orenstein Foundation Inc reported a surplus of $542K, with revenue exceeding expenses. The organization holds $1K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.7M | $2.0M | $1K | — | View 990 |
| 2022 | $1.5M | $4.1M | $1.4M | $1K | — | View 990 |
| 2021 | $3.5M | $2.9M | $4.0M | $1 | — | — |
| 2020 | $2.5M | $2.4M | $3.5M | $1 | — | — |
| 2019 | $1.5M | $890K | $3.4M | $1 | — | View 990 |
| 2015 | $3K | $747K | $3.4M | $1 | — | View 990 |
| 2014 | $2.8M | $1.7M | $4.2M | $1 | — | View 990 |
| 2013 | $585K | $1.6M | $3.1M | $1 | — | View 990 |
| 2012 | $3K | $889K | $4.1M | $1 | — | View 990 |
| 2011 | $505K | $695K | $5.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.7M, and assets of $2.0M (revenue +118.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $4.1M, and assets of $1.4M (revenue -57.9% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.9M, and assets of $4.0M (revenue +39.9% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.4M, and assets of $3.5M (revenue +66.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $890K, and assets of $3.4M (revenue +48038.6% year-over-year).
- 2015: Revenue of $3K, expenses of $747K, and assets of $3.4M (revenue -99.9% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.7M, and assets of $4.2M (revenue +375.1% year-over-year).
- 2013: Revenue of $585K, expenses of $1.6M, and assets of $3.1M (revenue +22881.5% year-over-year).
- 2012: Revenue of $3K, expenses of $889K, and assets of $4.1M (revenue -99.5% year-over-year).
- 2011: Revenue of $505K, expenses of $695K, and assets of $5.0M.
Data Sources and Methodology
This transparency report for The Henry And Carolyn Sue Orenstein 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.