T Thomas Fortune Foundation
Only null% goes to programs Strong reserves
T Thomas Fortune Foundation is a 501(c)(3) organization based in Red Bank, New Jersey, registered in 2017, with $132,664 in FY2024 revenue. CharityIndex grades it B.
94 Drs James Parker Blvd, Red Bank, NJ, 07701 EIN 81-5308319 Since 2017
Revenue (FY2024)
$133K
▲ 2.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$133K
Net assets
$909K
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 T Thomas Fortune 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 rating82 mo reserves · -0% 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 T Thomas Fortune Foundation: 82 mo reserves · -0% 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 T Thomas Fortune Foundation— 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 T Thomas Fortune Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 94 Drs James Parker Blvd, Red Bank, NJ, 07701
- City
- Red Bank
- State
- New Jersey
- Category
- Arts, Culture & Humanities
- Subcategory
- Historical Societies
- Website
- …
Financial trends
Revenue grew from $23K (FY2016) to $133K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $909K
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$909K
Total liabilities
$0
Net assets
$909K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $132,664▲2.9% | $133,307▲4.7% | $908,723▼0.1% | $908,723▼0.6% | 990 |
| 2023 | $128,883▲24.6% | $127,315▲51.3% | $909,240▲0.3% | $914,229▲0.2% | 990 |
| 2022 | $103,424▼21.2% | $84,141▲50.5% | $906,518▲1.4% | $911,953▼1.0% | 990 |
| 2021 | $131,261▲206% | $55,918▲28.4% | $893,984▲9.0% | $921,468▲12.4% | 990 |
| 2020 | $42,910▼94.7% | $43,534▼20.4% | $819,972 | $819,972 | 990 |
| 2019 | $812,507▲3513% | $54,670▲748% | $820,341▲2238% | $820,341▲2238% | 990 |
| 2017 | $22,491▼3.3% | $6,444▲52.6% | $35,092▲84.3% | $35,092▲84.3% | 990 |
| 2016 | $23,269 | $4,224 | $19,045 | $19,045 | 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.
Grants received · $129K total
10 grants to T Thomas Fortune Foundation totaling $129K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rwj Barnabas Health Inc | Sponsorship | 2024 | $14,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $10,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $10,000 |
| Rwj Barnabas Health Inc | Sponsorship | 2023 | $10,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $10,000 |
| Rwj Barnabas Health Inc | Sponsorship | 2021 | $25,000 |
| Rwj Barnabas Health Inc | Sponsorship | 2021 | $25,000 |
| Jewish Communal Fund | General support | 2021 | $10,000 |
| Jewish Communal Fund | General support | 2020 | $7,500 |
| Jewish Communal Fund | General support | 2020 | $7,500 |
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Frequently asked questions
- Is T Thomas Fortune Foundation a legitimate nonprofit?
- Yes. T Thomas Fortune Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-5308319, based in Red Bank, New Jersey. Donations are tax-deductible.
- What is T Thomas Fortune Foundation's EIN?
- T Thomas Fortune Foundation's Employer Identification Number (EIN) is 81-5308319.
- How much revenue does T Thomas Fortune Foundation report?
- T Thomas Fortune Foundation reported $132,664 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does T Thomas Fortune Foundation have?
- CharityIndex grades T Thomas Fortune Foundation B, based on financial health (reserves and operating margin).
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Data for T Thomas Fortune Foundation (EIN 81-5308319) 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.