Adult School of the Chathams Madison & Florham Park is a 501(c)(3) organization based in Madison, New Jersey, registered in 1976, with $519,438 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$519K
▼ 8.7% vs prior year
Education median: $200K
Expenses (FY2024)
$530K
Net assets
$299K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Adult School of the Chathams Madison & Florham Park— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Adult School of the Chathams Madison & Florham Park: 7 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Adult School of the Chathams Madison & Florham Park— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Adult School of the Chathams Madison & Florham Park: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $385K (FY2013) to $519K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$316K
Total liabilities
$17K
Net assets
$299K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $519,438▼8.7% | $529,837▲10.0% | $298,973▼3.4% | $315,920▼1.1% | 990 |
| 2023 | $569,131▲28.9% | $481,888▲13.9% | $309,372▲39.3% | $319,338▲38.7% | 990 |
| 2022 | $441,458▲3.3% | $423,230▲6.2% | $222,129▲8.9% | $230,311▲9.0% | 990 |
| 2021 | $427,185▲39.0% | $398,690▲27.1% | $203,901▲16.2% | $211,303▼15.7% | 990 |
| 2020 | $307,424▼22.5% | $313,693▼27.1% | $175,406▼3.5% | $250,633▼1.3% | 990 |
| 2019 | $396,751▼18.8% | $430,332▼9.3% | $181,675▼15.6% | $253,926▲6.8% | 990 |
| 2018 | $488,804▲6.1% | $474,264▲4.7% | $215,256▲7.2% | $237,807▲4.2% | 990 |
| 2017 | $460,533▲1.0% | $453,028▲4.8% | $200,716▲3.9% | $228,122▲5.4% | 990 |
| 2016 | $456,133▲6.5% | $432,193▲3.3% | $193,211▲14.1% | $216,392▲13.2% | 990 |
| 2015 | $428,151▼0.3% | $418,285▼0.5% | $169,271▲6.2% | $191,180▲3.8% | 990 |
| 2014 | $429,468▲11.5% | $420,512▲3.5% | $159,405▲6.0% | $184,157▼0.4% | 990 |
| 2013 | $385,152 | $406,152▲12.8% | $150,449▼12.2% | $184,871▼3.2% | 990 |
| 2012 | — | $360,062▲11.7% | $171,449▼6.2% | $190,974▼1.4% | 990 |
| 2011 | — | $322,219 | $182,829 | $193,651 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Adult School of the Chathams Madison & Florham Park (EIN 51-0154031) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.