Albert G Simms Testamentary Tr 2 is a 501(c)(3) organization based in Pennington, New Jersey, registered in 1973, with $165,325 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$165K
▼ 69.3% vs prior year
Expenses (FY2024)
$176K
Net assets
$2.9M
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 Albert G Simms Testamentary Tr 2— 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 Albert G Simms Testamentary Tr 2: 201 mo reserves · -6% 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 Albert G Simms Testamentary Tr 2— 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 Albert G Simms Testamentary Tr 2: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $84K (FY2018) to $165K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-6.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$0
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $165,325▼69.3% | $176,005▲11.4% | $2,946,655▼0.4% | $2,946,655▼0.4% | 990PF |
| 2023 | $539,136▲371% | $158,012▼13.8% | $2,957,328▲14.8% | $2,957,328▲14.8% | 990PF |
| 2022 | $114,450▼36.8% | $183,228▲4.1% | $2,576,587▼2.7% | $2,576,587▼2.7% | 990PF |
| 2021 | $181,112▲19.5% | $175,960▲13.8% | $2,647,317▼0.5% | $2,647,317▼0.5% | 990PF |
| 2020 | $151,509▼18.0% | $154,559▲4.1% | $2,660,492▲0.5% | $2,660,492▲0.5% | 990PF |
| 2019 | $184,702▲119% | $148,445▲4.9% | $2,648,521▲1.4% | $2,648,521▲1.4% | 990PF |
| 2018 | $84,239 | $141,485 | $2,611,182 | $2,611,182 | 990PF |
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 Albert G Simms Testamentary Tr 2 (EIN 85-6014105) 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.