Financial Education & Research Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Financial Education & Research Foundation Inc is a 501(c)(3) organization based in Morristown, New Jersey, registered in 1946, with $3,618,918 in FY2024 revenue. CharityIndex grades it B.
89 Headquarters Plaza Ste 1462, Morristown, NJ, 07960 EIN 23-7063497 Since 1946
Revenue (FY2024)
$3.6M
▲ 2.9% vs prior year
Expenses (FY2024)
$3.9M
Net assets
$3.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Financial Education & Research Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating12 mo reserves · -7% margin
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 Financial Education & Research Foundation Inc: 12 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Financial Education & Research Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Financial Education & Research Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 89 Headquarters Plaza Ste 1462, Morristown, NJ, 07960
- City
- Morristown
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.1M (FY2013) to $3.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $892KNet assets $3.9M
Operating margin
-6.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$892K
Net assets
$3.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,618,918▲2.9% | $3,854,228▲0.5% | $3,884,460▲2.9% | $4,776,382▲3.9% | 990 |
| 2023 | $3,515,662▲8.2% | $3,836,391▲14.5% | $3,776,129▲0.3% | $4,597,523▼2.1% | 990 |
| 2022 | $3,249,552▼18.2% | $3,349,948▲15.2% | $3,764,733▲7.4% | $4,697,755▼0.8% | 990 |
| 2021 | $3,972,102▲22.0% | $2,909,118▲10.0% | $3,505,304▲28.2% | $4,733,275▲15.4% | 990 |
| 2020 | $3,255,645▲26.1% | $2,645,150▼7.9% | $2,735,254▲111% | $4,100,228▲18.4% | 990 |
| 2019 | $2,581,929▲256% | $2,871,049▲297% | $1,294,191▼27.5% | $3,463,411▲58.1% | 990 |
| 2017 | $724,785▼24.6% | $722,348▼11.9% | $1,785,905▲9.3% | $2,190,948▲8.4% | 990 |
| 2016 | $961,619▲1.3% | $819,984▼9.6% | $1,634,444▲34.3% | $2,020,653▲7.1% | 990 |
| 2015 | $949,091▼7.1% | $907,501▼14.9% | $1,217,347▼23.2% | $1,886,965▲1.3% | 990 |
| 2014 | $1,021,113▼8.3% | $1,066,250▼5.5% | $1,584,369▼9.3% | $1,863,103▼12.2% | 990 |
| 2013 | $1,113,089 | $1,128,705▲9.4% | $1,745,879▲17.1% | $2,122,907▲14.2% | 990 |
| 2012 | — | $1,031,668▲18.6% | $1,490,525▲16.1% | $1,859,209▼2.0% | 990 |
| 2011 | — | $870,163 | $1,283,778 | $1,897,100 | 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.
Frequently asked questions
- Is Financial Education & Research Foundation Inc a legitimate nonprofit?
- Yes. Financial Education & Research Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7063497, based in Morristown, New Jersey. Donations are tax-deductible.
- What is Financial Education & Research Foundation Inc's EIN?
- Financial Education & Research Foundation Inc's Employer Identification Number (EIN) is 23-7063497.
- How much revenue does Financial Education & Research Foundation Inc report?
- Financial Education & Research Foundation Inc reported $3,618,918 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Financial Education & Research Foundation Inc have?
- CharityIndex grades Financial Education & Research Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Morristown
Explore more
Data for Financial Education & Research Foundation Inc (EIN 23-7063497) 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.