The Selective Insurance Group Foundation

The Selective Insurance Group Foundation shows highly volatile financial performance with significant deficits in recent years.

EIN: 203539039 · Branchville, NJ · NTEE: T20 · Updated: 2026-03-28

$1.0MRevenue
$270KAssets
70/100Mission Score (Good)
T20

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The Selective Insurance Group Foundation Financial Summary
MetricValue
Total Revenue$1.0M
Total Expenses$968K
Program Spending90%
Net Assets$32K
Transparency Score70/100

Search Intent Cockpit

The Selective Insurance Group Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

The Selective Insurance Group 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 The Selective Insurance Group Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $10K and expenses of $968K.

Revenue and Expenses

The Selective Insurance Group Foundation reported $10K in revenue and $968K in expenses, a deficit of $958K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is The Selective Insurance Group Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%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

The Selective Insurance Group Foundation Expense Deployment
Program services$871K (90%)

Across stored filings, The Selective Insurance Group Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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The Selective Insurance Group Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade C10 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and Philanthropy context

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The Selective Insurance Group Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Selective Insurance Group Foundation

The Selective Insurance Group Foundation (EIN: 203539039) is a nonprofit organization based in Branchville, NJ, classified under NTEE code T20. The organization reported total revenue of $1.0M and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Selective Insurance Group Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

The Selective Insurance Group Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -26.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$10K
Total Expenses$968K
Surplus / Deficit$-957,942
Total Assets$35K
Total Liabilities$3K
Net Assets$32K
Operating Margin-9579.4%
Debt-to-Asset Ratio8.9%
Months of Reserves0.4 months

Financial Health Grade: C

In 2023, The Selective Insurance Group Foundation reported a deficit of $958K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 8.9% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), The Selective Insurance Group Foundation's revenue has declined at a compound annual growth rate (CAGR) of -26.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-96.1%+35.4%-96.4%
2022-79.5%+31.1%-31.2%
2021+152.4%-17.3%+97.4%
2020-61.0%+40.1%-17.5%
2019+28.2%+8.8%-15.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

The Selective Insurance Group Foundation exhibits a fluctuating financial profile, with significant variations in revenue and expenses over the past decade. For instance, in 2023, the organization reported a revenue of $10,000 against expenses of $967,942, indicating a substantial deficit. This contrasts sharply with 2021, where revenue was $1,262,100 and expenses were $545,475, showing a healthy surplus. The foundation's assets have also seen considerable swings, from a high of $1,449,373 in 2021 to a low of $35,425 in 2023. These fluctuations suggest an inconsistent funding model or significant changes in operational scale year-to-year. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of efficient use of funds in terms of executive overhead. The substantial expenses relative to revenue in some years, such as 2023, raise questions about the sustainability of their financial model if such trends continue. In terms of transparency, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to public disclosure. The absence of officer compensation is a positive transparency signal, as it indicates that leadership is not drawing salaries from the foundation's funds. However, a more detailed breakdown of expenses within the 990s would further enhance transparency regarding how funds are allocated across different activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Selective Insurance Group Foundation with a Mission Score of 70 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, The Selective Insurance Group 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:

$10KTotal Revenue
$968KTotal Expenses
$35KTotal Assets
$3KTotal Liabilities
$32KNet Assets
  • The organization reported a deficit of $958K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 8.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers do not receive salaries from the foundation, which is highly favorable for resource allocation.

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 Selective Insurance Group Foundation's IRS 990 filings:

  • Significant and recurring deficits in recent years (e.g., 2023 expenses of $967,942 vs. revenue of $10,000; 2022 expenses of $714,887 vs. revenue of $259,000).
  • Highly volatile revenue streams, making financial planning and sustainability challenging.
  • Sharp decline in assets from $1,449,373 in 2021 to $35,425 in 2023, indicating substantial asset utilization or losses.

Strengths

The following positive indicators were identified for The Selective Insurance Group Foundation:

  • Consistent 0% officer compensation across all reported years, indicating efficient use of funds for leadership.
  • Long history of IRS 990 filings (10 filings), demonstrating a commitment to transparency.
  • Significant revenue generation in some years (e.g., $1,282,000 in 2019, $1,262,100 in 2021), showing capacity for substantial funding.

Frequently Asked Questions about The Selective Insurance Group Foundation

Is The Selective Insurance Group Foundation a legitimate charity?

The Selective Insurance Group Foundation (EIN: 203539039) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does The Selective Insurance Group Foundation spend its money?

The Selective Insurance Group Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Selective Insurance Group Foundation tax-deductible?

The Selective Insurance Group Foundation is registered as a tax-exempt nonprofit (EIN: 203539039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Selective Insurance Group Foundation's spending goes to programs?

The Selective Insurance Group Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does The Selective Insurance Group Foundation compare to similar nonprofits?

With a transparency score of 70/100 (Good), The Selective Insurance Group Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Selective Insurance Group Foundation located?

The Selective Insurance Group Foundation is headquartered in Branchville, New Jersey and files with the IRS under EIN 203539039. It is classified under NTEE code T20.

How many years of IRS 990 filings does The Selective Insurance Group Foundation have?

The Selective Insurance Group 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 $1.0M in total revenue.

Why did the foundation experience such a significant deficit in 2023, with expenses of $967,942 against only $10,000 in revenue?

The 2023 filing shows a substantial imbalance, which could be due to a large one-time grant disbursement, a significant decline in contributions, or a strategic decision to utilize accumulated assets. Further investigation into the specific line items of the 2023 990 would be necessary to understand the cause.

How does the foundation sustain its operations given the wide fluctuations in annual revenue and expenses?

The foundation likely relies on a combination of accumulated assets from years with surpluses (e.g., 2021 with $1,262,100 revenue and $1,449,373 assets) and potentially large, infrequent contributions to cover periods of high expenses or low revenue.

What is the primary source of the foundation's revenue, and how stable are these sources?

Without specific details from the 990s, it's difficult to pinpoint the exact revenue sources. However, the volatility suggests that revenue might come from large, irregular donations or investment income that fluctuates significantly year-to-year, rather than consistent, recurring streams.

Filing History

IRS 990 filing history for The Selective Insurance Group Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The Selective Insurance Group Foundation's revenue has declined by 97.5%, moving from $400K to $10K. Total assets decreased by 61.2% over the same period, from $91K to $35K. Total functional expenses rose by 150.4%, from $387K to $968K. In its most recent filing year (2023), The Selective Insurance Group Foundation reported a deficit of $958K, with expenses exceeding revenue. The organization holds $3K in liabilities against $35K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $32K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $10K $968K $35K $3K View 990
2022 $259K $715K $998K $8K View 990
2021 $1.3M $545K $1.4M $3K View 990
2020 $500K $660K $734K $5K View 990
2019 $1.3M $471K $891K $1K
2015 $1.0M $433K $1.1M $550 View 990
2014 $800K $402K $488K $1K View 990
2013 $400K $400K $90K $995 View 990
2012 $400K $402K $90K $681 View 990
2011 $400K $387K $91K $350 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $10K, expenses of $968K, and assets of $35K (revenue -96.1% year-over-year).
  • 2022: Revenue of $259K, expenses of $715K, and assets of $998K (revenue -79.5% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $545K, and assets of $1.4M (revenue +152.4% year-over-year).
  • 2020: Revenue of $500K, expenses of $660K, and assets of $734K (revenue -61.0% year-over-year).
  • 2019: Revenue of $1.3M, expenses of $471K, and assets of $891K (revenue +28.2% year-over-year).
  • 2015: Revenue of $1.0M, expenses of $433K, and assets of $1.1M (revenue +25.0% year-over-year).
  • 2014: Revenue of $800K, expenses of $402K, and assets of $488K (revenue +100.0% year-over-year).
  • 2013: Revenue of $400K, expenses of $400K, and assets of $90K (revenue +0.0% year-over-year).
  • 2012: Revenue of $400K, expenses of $402K, and assets of $90K (revenue +0.0% year-over-year).
  • 2011: Revenue of $400K, expenses of $387K, and assets of $91K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Selective Insurance Group 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 The Selective Insurance Group 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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