The Richard A and Loretta M Stratton Charitable Foundation is a 501(c)(3) organization based in Wyckoff, New Jersey, registered in 2002, with $146,460 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$146K
▼ 4.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$356K
Net assets
$1.9M
Employees
—
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 The Richard A and Loretta M Stratton Charitable Foundation— 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 The Richard A and Loretta M Stratton Charitable Foundation: 65 mo reserves · -143% margin earns a F 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 The Richard A and Loretta M Stratton Charitable Foundation— 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 The Richard A and Loretta M Stratton Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $341K (FY2013) to $146K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-143.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $146,460▼4.9% | $355,931▲3.2% | $1,934,847▼9.8% | $1,934,847▼9.8% | 990PF |
| 2023 | $154,034▲21.3% | $345,022▲1.4% | $2,144,318▼8.2% | $2,144,318▼8.2% | 990PF |
| 2022 | $126,985▼77.0% | $340,110▼29.8% | $2,335,306▼8.4% | $2,335,306▼8.4% | 990PF |
| 2021 | $551,063▲1937% | $484,750▲422% | $2,548,431▲2.7% | $2,548,431▲2.7% | 990PF |
| 2020 | $27,057▼93.1% | $92,876▼75.6% | $2,482,074▼2.5% | $2,482,074▼2.5% | 990PF |
| 2019 | $394,209▼10.6% | $380,083▲318% | $2,546,662▲0.6% | $2,546,662▲0.6% | 990PF |
| 2018 | $441,118▲23.3% | $91,034▼39.7% | $2,532,536▲16.0% | $2,532,536▲16.0% | 990PF |
| 2017 | $357,643▲58.1% | $151,050▼1.8% | $2,182,452▲10.5% | $2,182,452▲10.5% | 990PF |
| 2016 | $226,258▼22.1% | $153,764▲10.3% | $1,975,859▲3.8% | $1,975,859▲3.8% | 990PF |
| 2015 | $290,483▼4.6% | $139,424▼22.3% | $1,903,365▲8.6% | $1,903,365▲8.6% | 990PF |
| 2014 | $304,624▼10.8% | $179,348▼4.6% | $1,752,306▲7.7% | $1,752,306▲7.7% | 990PF |
| 2013 | $341,429 | $188,048▲41.8% | $1,627,031▲10.4% | $1,627,031▲10.4% | 990PF |
| 2012 | — | $132,633▼26.7% | $1,473,650▲11.1% | $1,473,650▲11.1% | 990PF |
| 2011 | — | $180,956▼31.1% | $1,326,952▲4.1% | $1,326,952▲4.1% | 990PF |
| 2010 | — | $262,760 | $1,274,586 | $1,274,586 | 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.
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Data for The Richard A and Loretta M Stratton Charitable Foundation (EIN 30-6027197) 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.