Ramapo College Foundation

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

MissionTHE RAMAPO COLLEGE FOUNDATION, FOUNDED IN 1971, IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF NEW JERSEY FOR THE BENEFIT OF RAMAPO COLLEGE OF NEW JERSEY. IT PROVIDES UNRESTRICTED, RESTRICTED AND CAPITAL SUPPORT TO THE COLLEGE TO MEET THE ACADEMIC NEEDS OF

EIN
51-0244756
State
NJ
Sector
Education
Budget band
$5M–$10M
Latest filing
TY 2023
Records
2 officers · 5 years

Financial snapshot · TY 2023

$5.2M
Total revenue
$4.5M
Total expenses
$30.4M
Net assets

Financial health · TY 2023

55
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.8 months of expenses
Program efficiency
100
94.4% spent on programs
Revenue diversity
11
Mix of program fees, grants & contributions

Leadership compensation

Christopher Romano
EX OFFICIO, EXEC. DIR.
$173,601
56th percentile vs. peers
$138,831
57th percentile vs. peers

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Ramapo College Foundation Executive Compensation | 990 Data | DoubleNine