THE WESTMINSTER FOUNDATION PRINCETON NEW JERSEY INC

EIN: 824291802 501(c)(3) Education

PRINCETON, NJ

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$83,969
Net Assets
$83,969
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
P RANDY HILL
Phone
2158704130
Tax Period
2023-01-01 to 2023-12-31

Mission

THE FOUNDATION IS A NON-PROFIT ENTITY SEEKING TO ENSURE THE CONTINUED SUPPORT AND EXISTENCE OF WESTMINSTER CHOIR COLLEGE AS A MUSICAL INSTITUTION OF WORLD RENOWN IN PRINCETON, NEW JERSEY. THE SPECIFIC OBJECTIVES AND PURPOSES OF THIS ORGANIZATION SHALL BE: A. TO ENGAGE IN EFFORTS TO ENSURE THAT GENERATIONS TO COME WILL HAVE THE OPPORTUNITY TO STUDY AT WESTMINSTER CHOIR COLLEGE, B. TO ADVOCATE FOR ALLOWING STUDENTS TO HAVE FIRST-RATE MUSICAL TRAINING AT WESTMINSTER CHOIR COLLEGE, C. TO RECOGNIZE AND PUBLICIZE THE UNIQUE BENEFITS AND CONTRIBUTIONS THESE ARTISTS CAN HAVE BY STUDYING IN THIS UNIQUE SETTING , D. TO CONTINUE THE LEGACY OF PERFORMING WITH MAJOR ORCHESTRAS BOTH NATIONALLY AND INTERNATIONALLY, E. TO CONTINUE THE ABILITY TO PERFORM REGULARLY WITH MAJOR PERFORMANCE ENSEMBLES, F. TO SEEK DONATIONS AND VOLUNTEERS TO PROVIDE FINANCIAL SUPPORT AND SUCH SERVICES AS REQUIRED RELATED TO THESE PURPOSES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $62,883 -1.0%
Expenses N/A $60,099 -1.0%
Net Income N/A $2,784 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONSTANCE FEE PRESIDENT N/A
Director
$0 $0 $0
P RANDY HILL TREASURER N/A
Director
$0 $0 $0
DONNA PLASKET SECRETARY N/A
Director
$0 $0 $0
THOMAS FARACCO VICE PRESIDE N/A
Director
$0 $0 $0
ANTHONY BARON TRUSTEE N/A
Director
$0 $0 $0
SARA BECK TRUSTEE N/A
Director
$0 $0 $0
LAURIE BISCHOF TRUSTEE N/A
Director
$0 $0 $0
CHARLES GOLDBERG TRUSTEE N/A
Director
$0 $0 $0
JOHN KELSEY TRUSTEE N/A
Director
$0 $0 $0
HOWARD MCMORRIS TRUSTEE N/A
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
2024 No data No data No data No data
2023 No data No data No data No data
2023 No data No data $83,969 No data
2022 No data No data $81,578 No data
2022 $62,883 $60,099 $83,969 $2,784
2021 $76,138 $105,483 $81,578 $-29,345
2020 $223,234 $231,448 $110,652 $-8,214
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