Philip J Solondz Family Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Philip J Solondz Family Foundation is a 501(c)(3) organization based in Millburn, New Jersey, registered in 1991, with $684,400 in FY2024 revenue. CharityIndex grades it C+.
15 Bleeker Street, Millburn, NJ, 07041 EIN 22-3048830 Since 1991
Revenue (FY2024)
$684K
▲ 33.0% vs prior year
Expenses (FY2024)
$558K
Net assets
$6.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Philip J Solondz Family Foundation— 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 rating141 mo reserves · +18% 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 Philip J Solondz Family Foundation: 141 mo reserves · +18% 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 Philip J Solondz Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Philip J Solondz Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 15 Bleeker Street, Millburn, NJ, 07041
- City
- Millburn
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $948K (FY2013) to $684K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.5M
Operating margin
18.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.5M
Total liabilities
$0
Net assets
$6.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $684,400▲33.0% | $558,134▲8.2% | $6,546,822▲2.0% | $6,546,822▲2.0% | 990PF |
| 2023 | $514,611▲11.9% | $515,681▼17.8% | $6,420,556 | $6,420,556 | 990PF |
| 2022 | $459,774▼46.1% | $627,610▼7.6% | $6,422,480▼2.5% | $6,422,480▼2.5% | 990PF |
| 2021 | $852,552▲22.4% | $679,200▲54.7% | $6,589,436▲2.7% | $6,589,436▲2.7% | 990PF |
| 2020 | $696,727▼48.1% | $439,106▲17.2% | $6,417,128▲4.1% | $6,417,128▲4.1% | 990PF |
| 2019 | $1,343,466▲276% | $374,593▲28.6% | $6,162,164▲18.6% | $6,162,164▲18.6% | 990PF |
| 2018 | $356,858▲18.2% | $291,205▼25.0% | $5,195,248▲1.2% | $5,195,248▲1.2% | 990PF |
| 2017 | $301,918▼27.0% | $388,520▲14.0% | $5,131,507▼3.3% | $5,131,507▼3.3% | 990PF |
| 2016 | $413,488▼73.0% | $340,954▼13.0% | $5,306,026▲0.3% | $5,306,026▲0.3% | 990PF |
| 2015 | $1,532,882▲580% | $391,712▲97.8% | $5,291,787▲27.5% | $5,291,787▲27.5% | 990PF |
| 2014 | $225,348▼76.2% | $198,038▼36.6% | $4,150,617▲0.7% | $4,150,617▲0.7% | 990PF |
| 2013 | $948,179 | $312,419 | $4,123,307 | $4,123,307 | 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.
Frequently asked questions
- Is Philip J Solondz Family Foundation a legitimate nonprofit?
- Yes. Philip J Solondz Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3048830, based in Millburn, New Jersey. Donations are tax-deductible.
- What is Philip J Solondz Family Foundation's EIN?
- Philip J Solondz Family Foundation's Employer Identification Number (EIN) is 22-3048830.
- How much revenue does Philip J Solondz Family Foundation report?
- Philip J Solondz Family Foundation reported $684,400 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Philip J Solondz Family Foundation have?
- CharityIndex grades Philip J Solondz Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Philip J Solondz Family Foundation (EIN 22-3048830) 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.