Franklin Lakes Youth & Recreation Foundation Inc is a 501(c)(3) organization based in Franklin Lks, New Jersey, registered in 1994, with $49,318 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$49K
▲ 389.2% vs prior year
Youth median: $163K
Expenses (FY2024)
$21K
Net assets
$64K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Franklin Lakes Youth & Recreation 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 →
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 Franklin Lakes Youth & Recreation Foundation Inc: 37 mo reserves · +58% margin earns a A 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 Franklin Lakes Youth & Recreation 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 →
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 Franklin Lakes Youth & Recreation Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $77K (FY2018) to $49K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
58.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64K
Total liabilities
$0
Net assets
$64K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,318▲389% | $20,735▲19.3% | $63,673▲81.5% | $63,673▲81.5% | 990EZ |
| 2023 | $10,081▲86.2% | $17,383▲62.8% | $35,090▼17.2% | $35,090▼17.2% | 990EZ |
| 2022 | $5,413▼1.8% | $10,680▼68.1% | $42,392▼11.1% | $42,392▼11.1% | 990EZ |
| 2021 | $5,515▲1007% | $33,495▲206% | $47,659▼37.0% | $47,659▼37.0% | 990EZ |
| 2020 | $498▼99.3% | $10,938▼89.8% | $75,639▼12.1% | $75,639▼12.1% | 990EZ |
| 2019 | $71,150▼7.3% | $107,724▲92.0% | $86,079▼29.8% | $86,079▼29.8% | 990EZ |
| 2018 | $76,719 | $56,100 | $122,653 | $122,653 | 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 Franklin Lakes Youth & Recreation Foundation Inc (EIN 22-3267895) 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.