RAMAPO COLLEGE FOUNDATION

EIN: 510244756 501(c)(3) Education

MAHWAH, NJ

Total Revenue
$9,405,405
Total Expenses
$4,539,875
Total Assets
$37,818,185
Net Assets
$37,151,216
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NJ
Principal Officer
CHRISTOPHER ROMANO
Phone
2016847611
Tax Period
2024-07-01 to 2025-06-30

RAMAPO COLLEGE FOUNDATION, founded in 1971, is a community nonprofit in the Education sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.9M, a strong 52% operating margin.

Mission

PROVIDES THE RESOURCES THAT MAKE THE DIFFERENCE IN THE COLLEGE'S QUEST FOR EDUCATIONAL EXCELLENCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,131,040
Program Service Revenue $171,708
Investment Income $1,180,919
Other Revenue $-78,262
TOTAL REVENUE $9,405,405

Expense Breakdown

Grants Paid $3,598,173
Salaries & Benefits $0
Fundraising Expenses $121,745
Program Expenses $4,185,167
Other Expenses $941,702
TOTAL EXPENSES $4,539,875

Year-over-Year Comparison

2024 2023 Change
Revenue $9,405,405 $5,165,065 +0.8%
Expenses $4,539,875 $4,545,520 0.0%
Net Income $4,865,530 $619,545 +6.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
52
Independent Members
52
Employees
N/A
Volunteers
101

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$311,544
Total Directors
60
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER ROMANO EX OFFICIO, EXEC. DIR. 40.00
Officer
$154,660 $30,372 $185,032
ROSEANN TOSCANO CFO 40.00
Officer
$96,905 $29,607 $126,512
KEITH DAWKINS CHAIR 1.00
Officer Director
$0 $0 $0
ROY PUTRINO PAST CHAIR 1.00
Officer Director
$0 $0 $0
EILEEN COMERFORD VICE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
LISA RYAN SECRETARY 1.00
Officer Director
$0 $0 $0
ELAINE ADLER GOVERNOR THRU 08/2024 1.00
Director
$0 $0 $0
ALEXANDER ARNS GOVERNOR 1.00
Director
$0 $0 $0
ALISON BANKS-MOORE GOVERNOR 1.00
Director
$0 $0 $0
NATALIE BARR GOVERNOR 1.00
Director
$0 $0 $0
AMRITA BASU GOVERNOR THRU 07/2024 1.00
Director
$0 $0 $0
KARTEEK BHAVSAR GOVERNOR 1.00
Director
$0 $0 $0
HAROLD BOLTON GOVERNOR 1.00
Director
$0 $0 $0
JOHN BREWSTER GOVERNOR 1.00
Director
$0 $0 $0
TONY CAMBRIA GOVERNOR 1.00
Director
$0 $0 $0
ROBERT CEBERIO GOVERNOR 1.00
Director
$0 $0 $0
RICHARD CONTI GOVERNOR 1.00
Director
$0 $0 $0
CHRISTOPHER CONWAY GOVERNOR 1.00
Director
$0 $0 $0
FRANK CONWAY GOVERNOR 1.00
Director
$0 $0 $0
FRED J DAMIANO GOVERNOR 1.00
Director
$0 $0 $0
LINDA L DATOR GOVERNOR 1.00
Director
$0 $0 $0
LARRY DELUISE GOVERNOR 1.00
Director
$0 $0 $0
KRISTINE DENNING ESQ GOVERNOR THRU 10/2024 1.00
Director
$0 $0 $0
THOMAS W DUNN ESQ GOVERNOR 1.00
Director
$0 $0 $0
JIM DZIEKONSKI GOVERNOR THRU 06/2025 1.00
Director
$0 $0 $0
MARC S GOLDSTEIN GOVERNOR 1.00
Director
$0 $0 $0
TRUDY BURCKES HARDY GOVERNOR THRU 07/2024 1.00
Director
$0 $0 $0
JOSEPH A HAYNES GOVERNOR 1.00
Director
$0 $0 $0
MIKE HETTESHEIMER GOVERNOR 1.00
Director
$0 $0 $0
THOMAS HEWITT GOVERNOR THRU 07/2024 1.00
Director
$0 $0 $0
DOUGLAS HOLDEN GOVERNOR 1.00
Director
$0 $0 $0
LARRY INSERRA JR GOVERNOR 1.00
Director
$0 $0 $0
KRISTI INTORRE GOVERNOR 1.00
Director
$0 $0 $0
IRA KALTMAN ESQ GOVERNOR 1.00
Director
$0 $0 $0
MARY ANN KEZMARSKY PHD GOVERNOR 1.00
Director
$0 $0 $0
JAMES KRANZ GOVERNOR 1.00
Director
$0 $0 $0
DONALD J MADDI GOVERNOR 1.00
Director
$0 $0 $0
EMILY KOSSTRIN MANN GOVERNOR 1.00
Director
$0 $0 $0
JONATHAN N MARCUS ESQ GOVERNOR 1.00
Director
$0 $0 $0
RALPH MASTRANGELO GOVERNOR 1.00
Director
$0 $0 $0
PETER MCBRIDE GOVERNOR 1.00
Director
$0 $0 $0
ROD MCVEIGH GOVERNOR 1.00
Director
$0 $0 $0
CAROLYN MERKEL GOVERNOR 1.00
Director
$0 $0 $0
MARGARET V MULLEN-GENSCH GOVERNOR 1.00
Director
$0 $0 $0
STEVEN NAPOLITANO GOVERNOR 1.00
Director
$0 $0 $0
AUDREY NEWMAN GOVERNOR THRU 06/2025 1.00
Director
$0 $0 $0
JENNIFER O'NEILL GOVERNOR 1.00
Director
$0 $0 $0
SUSAN OSGOOD GOVERNOR 1.00
Director
$0 $0 $0
THOMAS PALMER GOVERNOR 1.00
Director
$0 $0 $0
DAVID REPETTO GOVERNOR 1.00
Director
$0 $0 $0
STANLEY RICHMOND GOVERNOR 1.00
Director
$0 $0 $0
GEORGE RUOTOLO GOVERNOR 1.00
Director
$0 $0 $0
CAROL SCHAEFER GOVERNOR 1.00
Director
$0 $0 $0
PETER SEMINARA GOVERNOR 1.00
Director
$0 $0 $0
THOMAS J SHARA GOVERNOR 1.00
Director
$0 $0 $0
RUSSELL SOMMERS GOVERNOR 1.00
Director
$0 $0 $0
TOM SREDNICKI GOVERNOR 1.00
Director
$0 $0 $0
ANN SWIST GOVERNOR 1.00
Director
$0 $0 $0
ROBERT TAYLOR GOVERNOR 1.00
Director
$0 $0 $0
CHRISTOPHER TURNER GOVERNOR THRU 07/2024 1.00
Director
$0 $0 $0
SUSAN VALLARIO GOVERNOR 1.00
Director
$0 $0 $0
JOHN F WARD GOVERNOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,405,405 $4,539,875 $37,818,185 $4,865,530
2024 No data No data No data No data
2023 $4,034,413 $3,972,780 $27,189,749 $61,633
2022 $3,709,522 $4,044,018 $25,722,121 $-334,496
2021 $5,479,995 $4,553,630 $30,451,468 $926,365
2020 $7,435,698 $8,470,706 $25,305,793 $-1,035,008
2019 $6,329,996 $5,399,392 $27,294,216 $930,604
2018 $6,932,095 $5,509,653 $28,182,912 $1,422,442
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RAMAPO COLLEGE FOUNDATION with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.