Springpoint Senior Living Inc
87% goes to programs $12 to raise $100 Thin reserves Growing revenue
Springpoint Senior Living Inc is a 501(c)(3) organization based in Wall Township, New Jersey, registered in 1997, with $259,287,063 in FY2024 revenue. CharityIndex grades it C+, and it directs about 87% of spending to programs.
4814 Outlook Dr Ste 201, Wall Township, NJ, 07753 EIN 22-3498690 Since 1997
Revenue (FY2024)
$259.3M
▲ 9.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$267.4M
Net assets
-$123.5M
Employees
1,969
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating87% to programs · $12 to raise $100
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. For Springpoint Senior Living Inc: 87% to programs · $12 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -3% 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 Springpoint Senior Living Inc: 0 mo reserves · -3% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Springpoint Senior Living Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Springpoint Senior Living Inc: 4 of 5 disclosure signals earns a A 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.
Mission
To inspire our family with endless opportunities.
Contact & location
- Address
- 4814 Outlook Dr Ste 201, Wall Township, NJ, 07753
- City
- Wall Township
- State
- New Jersey
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $135.2M (FY2013) to $259.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $926.6MNet assets -$123.5M
Operating margin
-3.1%
Spent more than it raised in the latest fiscal year.
Total assets
$803.1M
Total liabilities
$926.6M
Net assets
-$123.5M
Salaries & benefits
$100.7M
38% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $259,287,063▲9.3% | $267,356,666▲5.0% | -$123,484,720▲2.1% | $803,115,490▲2.1% | 990 |
| 2023 | $237,274,255▲11.4% | $254,573,257▲7.6% | -$126,156,018▲0.2% | $786,249,643▲2.7% | 990 |
| 2022 | $212,941,224▲4.0% | $236,623,686▲3.3% | -$126,372,645▼30.5% | $765,284,450▼5.6% | 990 |
| 2021 | $204,804,520▲1.5% | $229,171,707▲7.1% | -$96,852,855▼3.9% | $810,886,693▲7.4% | 990 |
| 2020 | $201,869,203▼0.4% | $213,957,418▼0.4% | -$93,249,917▼34.6% | $755,213,356▼4.2% | 990 |
| 2019 | $202,721,658▲5.0% | $214,754,426▲5.5% | -$69,263,452▼48.7% | $788,226,486▼1.3% | 990 |
| 2018 | $193,113,327▲14.1% | $203,486,466▲16.8% | -$46,564,574▼136% | $798,962,385▲7.3% | 990 |
| 2017 | $169,265,034▲5.0% | $174,189,233▲7.8% | -$19,715,036▲12.8% | $744,408,200▲4.1% | 990 |
| 2016 | $161,266,218▲12.4% | $161,610,257▲9.3% | -$22,615,329▲28.5% | $715,322,685▲22.7% | 990 |
| 2015 | $143,448,268▲0.1% | $147,818,685▲1.9% | -$31,636,987▼70.9% | $582,931,335▼1.3% | 990 |
| 2014 | $143,233,478▲6.0% | $145,085,260▲1.2% | -$18,516,260▼87.7% | $590,409,886▼0.5% | 990 |
| 2013 | $135,159,730 | $143,428,343▲21.6% | -$9,865,115▼120% | $593,444,778▲21.3% | 990 |
| 2012 | — | $117,904,844▼15.9% | $48,466,618▼12.2% | $489,437,209▼0.7% | 990 |
| 2011 | — | $140,232,828▲1.1% | $55,203,098▲114% | $493,021,757▲1.1% | 990 |
| 2010 | — | $138,689,318 | $25,832,016 | $487,432,814 | 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.
Leadership & compensation (FY2024)
Highest-paid: Michael Oakes — $305,331 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Oakes | Sr. Vp Foundation | 50 | $305,331 |
| Adalin Ball | Trustee - West Windsor | 0 | — |
| Anjana D Patel | Trustee | 1 | — |
| Anne Hay | Lpc Executive Director | 50 | — |
| Anthony Argondizza | Trustee; Ex-officio-president & Ceo | 50 | — |
| Anthony Glocker | Trustee - Lpcs | 1 | — |
| Audrey Haimowitz | Trustee - Lpcs | 1 | — |
| Barbara Kreider | Chair - Trustee / Lpc Board Chair | 1 | — |
| Baruch Falk | Trustee - Lpcs | 1 | — |
| Bridget Murphy | Trustee - Foundation | 1 | — |
| Carl Delli Bovi | Chairman - Trustee - East Windsor | 0 | — |
| Christian T Koerner | Trustee - Foundation | 1 | — |
| Cindy Deevy | Trustee - Foundation | 1 | — |
| David Gerridge | Trustee - Lpcs | 1 | — |
| David Roussell | Trustee - East Windsor | 0 | — |
| David Woodward | Senior Vp/coo, Assistant Treasurer | 50 | — |
| Deborah L Thomas | Trustee - East Windsor | 0 | — |
| Denise Bagonyi | Trustee - Middlesex | 0 | — |
| Diane Birch | Trustee - Lpcs | 1 | — |
| Edgar M Coster | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Morrison Mgmt Specialists Inc DBA Comp | Dining Department Operations | $27,504,121 |
| Ac Drywall and Painting LLC DBA Ac Cons | Construction | $6,520,283 |
| Yes We Do LLC | Construction | $5,332,800 |
| Twomagnets Inc DBA Clipboard Health | Contracted Nursing Staff | $2,307,443 |
| Premier Custom Homes LLC | Construction | $1,463,380 |
Grants made · $7,500 in FY2023
1 grant totaling $7,500 in FY2023. All grants made by Springpoint Senior Living Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Two River Theater | Contribution | $7,500 |
Similar organizations in Human Services
Human Services
Bancroft A New Jersey Nonprofit Corporation
Cherry Hill, NJ
$266.5M
B+annual revenue
Human Services
Community Options Inc
Princeton, NJ
$392.9M
Aannual revenue
Human Services
Center For Family Services Inc
Voorhees, NJ
$122.1M
Aannual revenue
Human Services
Community Access Unlimited Inc
Elizabeth, NJ
$88.9M
Aannual revenue
Human Services
Youth Consultation Service Inc
Newark, NJ
$77.1M
Aannual revenue
Human Services
Lakewood Resource and Referral Center Inc
Lakewood, NJ
$71.6M
Aannual revenue
Human Services
Legacy Treatment Services Inc
Hainesport, NJ
$66.0M
Aannual revenue
- Human Services
North Hudson Community Action Corporation
Union City, NJ
$64.6M
Aannual revenue
Human Services
Fellowship Village Inc
Basking Ridge, NJ
$61.6M
B+annual revenue
Human Services
Acenda Inc
Glassboro, NJ
$59.1M
Bannual revenue
Compare Springpoint Senior Living Inc
Frequently asked questions
- Is Springpoint Senior Living Inc a legitimate nonprofit?
- Yes. Springpoint Senior Living Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3498690, based in Wall Township, New Jersey. Donations are tax-deductible.
- What is Springpoint Senior Living Inc's EIN?
- Springpoint Senior Living Inc's Employer Identification Number (EIN) is 22-3498690.
- How much revenue does Springpoint Senior Living Inc report?
- Springpoint Senior Living Inc reported $259,287,063 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Springpoint Senior Living Inc's spending goes to programs?
- Springpoint Senior Living Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Springpoint Senior Living Inc have?
- CharityIndex grades Springpoint Senior Living Inc C+, based on program efficiency and fundraising cost.
- How much does Springpoint Senior Living Inc's highest-paid employee make?
- The highest reported compensation on Springpoint Senior Living Inc's latest Form 990 is $305,331, paid to Michael Oakes (Sr. Vp Foundation).
More nonprofits in Wall Township
Explore more
Data for Springpoint Senior Living Inc (EIN 22-3498690) 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.