Charles J Spaid Trust 40 00 0215 0 Nect is a 501(c)(92) organization based in Pennington, New Jersey, registered in 1970, with $16,741 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$17K
▼ 13.3% vs prior year
Expenses (FY2024)
$17K
Net assets
$237K
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 Charles J Spaid Trust 40 00 0215 0 Nect— 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 Charles J Spaid Trust 40 00 0215 0 Nect: 170 mo reserves · -0% 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 Charles J Spaid Trust 40 00 0215 0 Nect— 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 Charles J Spaid Trust 40 00 0215 0 Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,377 (FY2014) to $17K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$237K
Total liabilities
$0
Net assets
$237K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,741▼13.3% | $16,800▲5.2% | $237,378▲0.7% | $237,378▲0.7% | 990PF |
| 2023 | $19,320▲58.2% | $15,976▲2.6% | $235,808▲1.4% | $235,808▲1.4% | 990PF |
| 2022 | $12,216▼56.0% | $15,564▲7.9% | $232,544▼1.4% | $232,544▼1.4% | 990PF |
| 2021 | $27,787▲195% | $14,422▲1.3% | $235,864▲6.0% | $235,864▲6.0% | 990PF |
| 2020 | $9,409▼20.3% | $14,242▼4.3% | $222,503▼2.1% | $222,503▼2.1% | 990PF |
| 2019 | $11,801▼35.9% | $14,883▲0.8% | $227,348▼1.4% | $227,348▼1.4% | 990PF |
| 2018 | $18,401▲120% | $14,769▼6.4% | $230,493▼0.7% | $230,493▼0.7% | 990PF |
| 2014 | $8,377 | $15,781 | $232,118 | $232,118 | 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 Charles J Spaid Trust 40 00 0215 0 Nect (EIN 04-6021286) 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.