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Women's Foundation of New Jersey A NJ Nonprofit Corporation

aka Women's Foundation of New Jersey; Women United in Philanthropy; WUIP   |   Englewood Cliffs, NJ   |  www.northjerseyfoundation.org
GuideStar Charity Check

Women's Foundation of New Jersey A NJ Nonprofit Corporation

EIN: 35-2165636


Mission

To provide charitable relief to residents of northern New Jersey, particularly those who do not receive resources from other nonprofits.

Ruling year info

2002

President

Ms. Maxine Frampton

Main address

P.O. Box 1709

Englewood Cliffs, NJ 07632-1709 USA

Show more contact info

Formerly known as

North Jersey Media Group Foundation Inc.

EIN

35-2165636

Subject area info

Foundations

Food aid

Population served info

Low-income people

NTEE code info

Community Foundations (T31)

Victims' Services (P62)

Printing, Publishing (A33)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Women United in Philanthropy

The Women's Foundation of New Jersey is the non-profit fiduciary agent for Women United in Philanthropy, a women’s giving circle that pools donations to collectively make a large impact on the lives of women in Bergen County, New Jersey, by helping them become economically strong and independent.

Population(s) Served

Action Against Hunger was launched in 1991 as a one-day food drive. At one point it was the largest food drive in the country serving more than 30 pantries and over 40,000 families. Due to the COVID-19 pandemic, we no longer run the food drive, but we do collect funds throughout the year and make donations to food pantries in Essex, Morris, Bergen, and Passaic counties. For every dollar donated, the pantries are able to purchase $11 worth of food because they can take advantage of wholesale pricing and buying in bulk.

Population(s) Served

The Disaster Relief Fund provided resources to those impacted by the disaster of 9/11 and also helped our North Jersey neighbors during the COVID-19 pandemic.

Population(s) Served

This initiative was established so that the Foundation can distribute money to the areas where there is the most need. Distributions could be to any of the other initiatives within the Foundation or other local organizations in the community.

Population(s) Served

Where we work

Financials

Women's Foundation of New Jersey A NJ Nonprofit Corporation
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

318.05

Average of 81.01 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

25.6

Average of 8.5 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Women's Foundation of New Jersey A NJ Nonprofit Corporation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Women's Foundation of New Jersey A NJ Nonprofit Corporation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Women's Foundation of New Jersey A NJ Nonprofit Corporation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Women's Foundation of New Jersey A NJ Nonprofit Corporation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$75,005 $55,745 $48,164 $170,512 -$105,250
As % of expenses -47.3% 41.9% 50.2% 349.9% -94.3%
Unrestricted surplus (deficit) after depreciation -$75,005 $55,745 $48,164 $170,512 -$105,250
As % of expenses -47.3% 41.9% 50.2% 349.9% -94.3%
Revenue composition info
Total revenue (unrestricted & restricted) $129,366 $87,895 $12,413 $217,881 $214,494
Total revenue, % change over prior year -36.3% -32.1% -85.9% 1655.3% -1.6%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 8.6% 12.6% 55.4% 4.0% 6.5%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 80.3% 92.6% 90.9% 63.7% 91.6%
Other revenue 11.1% -5.2% -46.3% 32.4% 1.8%
Expense composition info
Total expenses before depreciation $158,425 $132,909 $95,872 $48,730 $111,606
Total expenses, % change over prior year -9.6% -16.1% -27.9% -49.2% 129.0%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 24.4% 29.0% 25.0% 79.0% 34.2%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 74.3% 68.7% 73.0% 0.0% 47.6%
All other expenses 1.3% 2.3% 2.0% 21.0% 18.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $158,425 $132,909 $95,872 $48,730 $111,606
One month of savings $13,202 $11,076 $7,989 $4,061 $9,301
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $171,627 $143,985 $103,861 $52,791 $120,907

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.2 8.6 2.2 36.3 25.6
Months of cash and investments 44.2 58.1 79.1 207.8 88.7
Months of estimated liquid unrestricted net assets -6.1 -2.2 2.9 47.8 9.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $16,126 $95,620 $17,911 $147,414 $238,469
Investments $567,949 $548,038 $613,882 $696,603 $586,649
Receivables $1,350 $1,039 $0 $0 $1,505
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.0% 0.0% 0.0% 0.7% 0.3%
Unrestricted net assets -$80,482 -$24,737 $23,427 $193,939 $88,689
Temporarily restricted net assets $665,907 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $665,907 $669,434 $608,366 $644,115 $735,335
Total net assets $585,425 $644,697 $631,793 $838,054 $824,024

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Ms. Maxine Frampton

Number of employees

Source: IRS Form 990

Women's Foundation of New Jersey A NJ Nonprofit Corporation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Women's Foundation of New Jersey A NJ Nonprofit Corporation

Board of directors
as of 10/26/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Maxine Frampton

Jennifer Borg

Maxine Frampton

Gina Plotino

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Not applicable
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 10/26/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 10/26/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.