THE MAPLEWOOD FOUNDATION INC

EIN: 883052621 501(c)(3) Philanthropy & Grantmaking

MAPLEWOOD, NJ

Total Revenue
$414,459
Total Expenses
$193,713
Total Assets
$1,223,562
Net Assets
$1,169,071
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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
2022
Legal Domicile
NJ
Principal Officer
FRED R PROFETA JR
Phone
9173731108
Tax Period
2024-01-01 to 2024-12-31

THE MAPLEWOOD FOUNDATION INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $414K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $221K, a strong 53% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO PROVIDE CONTINUING AND GROWING FINANCIAL SUPORT TO THE ORGANIZATIONS, NEW AND ESTABLISH, DEDICATED TO IMPROVING THE QUALITY OF LIFE OF ALL OUR RESIDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $309,420
Program Service Revenue $0
Investment Income $105,039
Other Revenue $0
TOTAL REVENUE $414,459

Expense Breakdown

Grants Paid $70,000
Salaries & Benefits $16,286
Fundraising Expenses $77,126
Program Expenses $80,358
Other Expenses $107,427
TOTAL EXPENSES $193,713

Year-over-Year Comparison

2024 2023 Change
Revenue $414,459 $1,153,456 -0.6%
Expenses $193,713 $237,373 -0.2%
Net Income $220,746 $916,083 -0.8%
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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Governance

Voting Members
19
Independent Members
19
Employees
1
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
6
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED R PROFETA JR President 10.00
Officer Director
$0 $0 $0
VEDA TRUESDALE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BETH DAUGHERTY Vice President 1.00
Officer Director
$0 $0 $0
JADE DEAN Trustee 1.00
Director
$0 $0 $0
CAROL FARDIN Trustee 1.00
Director
$0 $0 $0
RICK GREENBERG Trustee 1.00
Director
$0 $0 $0
KIEONNA HILL Trustee 1.00
Director
$0 $0 $0
GREG LEMBRICH Treasurer 1.00
Officer Director
$0 $0 $0
FRANK MCGEHEE Trustee 1.00
Director
$0 $0 $0
ROSEMARY OSTMANN Chairman 1.00
Officer Director
$0 $0 $0
SUSAN PROFETA Trustee 1.00
Director
$0 $0 $0
KRISTY RANIERI Trustee 1.00
Director
$0 $0 $0
BECKY SCHEER Secretary 1.00
Officer Director
$0 $0 $0
CRAIG KLINE Trustee 1.00
Director
$0 $0 $0
LISA STAMM Trustee 1.00
Director
$0 $0 $0
CHRISTIE HUUS Trustee 1.00
Director
$0 $0 $0
SANDI GOODMAN Trustee 1.00
Director
$0 $0 $0
TAYLOR VALENTINE Trustee 1.00
Director
$0 $0 $0
AARON RYAN Trustee 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
2024 $414,459 $193,713 $1,223,562 $220,746
2023 $1,153,456 $237,373 $971,400 $916,083
2022 $38,580 $38,520 $160 $60
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