Ocean County College Foundation

Education organization based in Toms River, NJ.0 Exempt under §501(c)(3).

MissionTO PROVIDE STUDENT SCHOLARSHIPS, AWARDS, LOANS AND COMMUNITY PROGRAMS.

Financial snapshot · TY 2022

$2.4M
Total revenue
$1.6M
Total expenses
$23.3M
Net assets

Financial health · TY 2024

55
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
49
8.7 months of expenses
Program efficiency
86
84.6% spent on programs
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Kenneth Malagiere
Executive Dir.
$107,908
54th percentile vs. peers

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