Westminster Foundation At Princeton Nj

Westminster Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.

EIN: 210672766 · Princeton, NJ · Updated: 2026-03-28

$293KRevenue
$1.7MAssets
90/100Mission Score (Excellent)
Westminster Foundation At Princeton Nj Financial Summary
MetricValue
Total Revenue$293K
Total Expenses$197K
Program Spending85%
Net Assets$1.7M
Transparency Score90/100

Is Westminster Foundation At Princeton Nj Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Westminster Foundation At Princeton Nj directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Westminster Foundation At Princeton Nj

Westminster Foundation At Princeton Nj (EIN: 210672766) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $293K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westminster Foundation At Princeton Nj's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

46Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Westminster Foundation At Princeton Nj is a small nonprofit that has been operating for 46 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$217K
Total Expenses$197K
Surplus / Deficit+$20K
Total Assets$1.8M
Total Liabilities$45K
Net Assets$1.7M
Operating Margin9.1%
Debt-to-Asset Ratio2.5%
Months of Reserves108.2 months

Financial Health Grade: A

In 2023, Westminster Foundation At Princeton Nj reported a surplus of $20K with revenue exceeding expenses, holds 108.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Westminster Foundation At Princeton Nj's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+15.2%+0.5%+3.8%
2022+16.0%+14.9%-0.5%
2021+92.5%+6.1%-0.5%
2020-90.0%+45.7%-4.2%
2019+554.3%+1.1%+88.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1980

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

AI Transparency Report

The Westminster Foundation At Princeton Nj demonstrates consistent financial stability with a strong asset base relative to its annual revenue. While revenue has fluctuated, notably a spike in 2019 to $843,116, the organization generally operates with revenues in the $100,000-$200,000 range. Expenses have shown a gradual increase over the years, from $101,317 in 2011 to $197,332 in 2023. The organization consistently reports 0% officer compensation, which is a significant indicator of efficient use of funds and a volunteer-driven leadership model, enhancing its transparency and public trust. The low liabilities across most years also suggest sound financial management. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation is a strong positive for transparency. The organization's assets have grown significantly over the decade, from $873,330 in 2011 to $1,778,477 in 2023, indicating effective asset management and long-term financial health. The relatively low liabilities further reinforce its strong financial position. Overall, the Westminster Foundation appears to be a financially stable organization with a strong commitment to minimizing executive overhead, as evidenced by zero officer compensation. Its consistent asset growth and low liabilities point to prudent financial stewardship. A more detailed expense breakdown would further clarify its spending efficiency across its mission areas.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Westminster Foundation At Princeton Nj with a Mission Score of 90 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Westminster Foundation At Princeton Nj allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$217KTotal Revenue
$197KTotal Expenses
$1.8MTotal Assets
$45KTotal Liabilities
$1.7MNet Assets
  • The organization reported a surplus of $20K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 2.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led or very low-cost executive structure, which is highly commendable for a nonprofit of its size.

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 Westminster Foundation At Princeton Nj's IRS 990 filings:

  • NTEE Code is unknown, which can make it harder to understand the organization's specific mission and compare it to peers.
  • Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.

Strengths

The following positive indicators were identified for Westminster Foundation At Princeton Nj:

  • Consistent 0% officer compensation, indicating highly efficient use of funds for leadership.
  • Strong and growing asset base, from $873,330 in 2011 to $1,778,477 in 2023.
  • Very low liabilities across most filing periods, demonstrating sound financial management.
  • Expenses generally covered by revenue in recent years (e.g., 2023 revenue $217,037 vs. expenses $197,332).

Frequently Asked Questions about Westminster Foundation At Princeton Nj

Is Westminster Foundation At Princeton Nj a legitimate charity?

Westminster Foundation At Princeton Nj (EIN: 210672766) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $293K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Westminster Foundation At Princeton Nj spend its money?

Westminster Foundation At Princeton Nj directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Westminster Foundation At Princeton Nj tax-deductible?

Westminster Foundation At Princeton Nj is registered as a tax-exempt nonprofit (EIN: 210672766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Westminster Foundation At Princeton Nj's spending goes to programs?

Westminster Foundation At Princeton Nj directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Westminster Foundation At Princeton Nj located?

Westminster Foundation At Princeton Nj is headquartered in Princeton, New Jersey and files with the IRS under EIN 210672766.

How many years of IRS 990 filings does Westminster Foundation At Princeton Nj have?

Westminster Foundation At Princeton Nj 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 $293K in total revenue.

Is Westminster Foundation At Princeton Nj a good charity?

Based on the available data, the Westminster Foundation appears to be a well-managed charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has low liabilities, all indicating sound financial health and efficient use of resources.

How does the organization manage its executive compensation?

The organization reports 0% officer compensation in all provided filings, suggesting that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.

What is the trend in the organization's assets?

The organization's assets have shown significant growth over the decade, increasing from $873,330 in 2011 to $1,778,477 in 2023, indicating strong financial stewardship and accumulation of resources.

How stable is the organization's revenue?

Revenue has fluctuated, with a notable peak of $843,116 in 2019, but generally ranges between $84,411 and $217,037 in other years. While there's variability, the organization has consistently covered its expenses in most recent years.

Filing History

IRS 990 filing history for Westminster Foundation At Princeton Nj showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Westminster Foundation At Princeton Nj's revenue has grown by 124.7%, moving from $97K to $217K. Total assets increased by 103.6% over the same period, from $873K to $1.8M. Total functional expenses rose by 94.8%, from $101K to $197K. In its most recent filing year (2023), Westminster Foundation At Princeton Nj reported a surplus of $20K, with revenue exceeding expenses. The organization holds $45K in liabilities against $1.8M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $217K $197K $1.8M $45K
2022 $188K $196K $1.7M $1 View 990
2021 $162K $171K $1.7M $750 View 990
2020 $84K $161K $1.7M $750
2019 $843K $111K $1.8M $360 View 990
2015 $129K $109K $957K $1 View 990
2014 $177K $106K $937K $1 View 990
2013 $93K $102K $865K $1 View 990
2012 $97K $96K $874K $0 View 990
2011 $97K $101K $873K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $217K, expenses of $197K, and assets of $1.8M (revenue +15.2% year-over-year).
  • 2022: Revenue of $188K, expenses of $196K, and assets of $1.7M (revenue +16.0% year-over-year).
  • 2021: Revenue of $162K, expenses of $171K, and assets of $1.7M (revenue +92.5% year-over-year).
  • 2020: Revenue of $84K, expenses of $161K, and assets of $1.7M (revenue -90.0% year-over-year).
  • 2019: Revenue of $843K, expenses of $111K, and assets of $1.8M (revenue +554.3% year-over-year).
  • 2015: Revenue of $129K, expenses of $109K, and assets of $957K (revenue -27.3% year-over-year).
  • 2014: Revenue of $177K, expenses of $106K, and assets of $937K (revenue +90.1% year-over-year).
  • 2013: Revenue of $93K, expenses of $102K, and assets of $865K (revenue -3.5% year-over-year).
  • 2012: Revenue of $97K, expenses of $96K, and assets of $874K (revenue +-0.0% year-over-year).
  • 2011: Revenue of $97K, expenses of $101K, and assets of $873K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Westminster Foundation At Princeton Nj:

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 Westminster Foundation At Princeton Nj 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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