RAMAPO COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

RAMAPO COLLEGE FOUNDATION

EIN 51-0244756 · Education (B110)

What they do

THE 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 APPROXIMATELY 6,000 STUDENTS and A FACULTY and STAFF of APPROXIMATELY 800. THE COLLEGE HAS OVER 30,000 ALUMNI and 3,000 FRIENDS, DONORS and VOLUNTEERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders62 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.50%of revenue went to mission work92.2% of expenses · Program services

1.29%of revenue went to fundraising2.7% of expenses

$48.27spent for every $100 of revenueRevenue covered expenses this year.

2.48%of revenue went to management and office costs5.1% of expenses

$8.33in assets for every $1 spent this yearSome assets cannot be spent right away.

86.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $185,032 for CHRISTOPHER ROMANO (EX OFFICIO, EXEC. DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,405,405

Mission workProgram services$4,185,16744.50% of revenue92.2% of expenses

ManagementOffice and general costs$232,9632.48% of revenue5.1% of expenses

FundraisingAsking for donations$121,7451.29% of revenue2.7% of expenses

Revenue left after expensesReported annual surplus$4,865,53051.73% of revenueShown in gray on the chart

Total expenses$4,539,87548.27% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.2% mission · 5.1% management · 2.7% fundraisingTotal expenses: 48.27% of revenue

2023Expense mix: 94.4% mission · 3.2% management · 2.4% fundraisingTotal expenses: 88.01% of revenue

2022Expense mix: 93.5% mission · 3.0% management · 3.5% fundraisingTotal expenses: 98.47% of revenue

2021Expense mix: 95.1% mission · 2.2% management · 2.6% fundraisingTotal expenses: 109.02% of revenue

2020Expense mix: 89.7% mission · 8.0% management · 2.3% fundraisingTotal expenses: 83.10% of revenue

2019Expense mix: 92.2% mission · 6.0% management · 1.8% fundraisingTotal expenses: 113.92% of revenue

2018Expense mix: 88.8% mission · 8.7% management · 2.5% fundraisingTotal expenses: 85.30% of revenue

2017Expense mix: 93.3% mission · 2.9% management · 3.8% fundraisingTotal expenses: 79.48% of revenue

Money in and money out

Revenue$9,405,405

Expenses$4,539,875

Annual surplus $4,865,530 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,185,167 · 92.2% of expenses

Management and office costs$232,963 · 5.1% of expenses

Fundraising$121,745 · 2.7% of expenses

See all reported dollar amounts

Revenue$9,405,405

Expenses$4,539,875

Assets$37,818,185

Income$15,324,193

Contributions$8,131,040

Mission work (program services)$4,185,167

Fundraising$121,745

Grants given$30,131,666

Average grant$2,152,262

Management and general$232,963

Stocks and bonds$31,818,792

Accounting fees$13,880

Investing fees$110,800

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTOPHER ROMANOEX OFFICIO, EXEC. DIR. · 40 hrs/week $185,032Base $154,660 · Other $30,372

ROSEANN TOSCANOCFO · 40 hrs/week $126,512Base $96,905 · Other $29,607

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (62)

CHRISTOPHER ROMANOEX OFFICIO, EXEC. DIR.

ROSEANN TOSCANOCFO

ROBERT CEBERIOGOVERNOR

ROD MCVEIGHGOVERNOR

RICHARD CONTIGOVERNOR

RALPH MASTRANGELOGOVERNOR

PETER SEMINARAGOVERNOR

PETER MCBRIDEGOVERNOR

NATALIE BARRGOVERNOR

MIKE HETTESHEIMERGOVERNOR

MARY ANN KEZMARSKY PHDGOVERNOR

MARGARET V MULLEN-GENSCHGOVERNOR

MARC S GOLDSTEINGOVERNOR

LISA RYANSECRETARY

LINDA L DATORGOVERNOR

LARRY INSERRA JRGOVERNOR

LARRY DELUISEGOVERNOR

ROBERT TAYLORGOVERNOR

KRISTINE DENNING ESQGOVERNOR THRU 10/2024

ROY PUTRINOPAST CHAIR

RUSSELL SOMMERSGOVERNOR

STANLEY RICHMONDGOVERNOR

STEVEN NAPOLITANOGOVERNOR

SUSAN OSGOODGOVERNOR

SUSAN VALLARIOGOVERNOR

THOMAS HEWITTGOVERNOR THRU 07/2024

THOMAS PALMERGOVERNOR

THOMAS J SHARAGOVERNOR

THOMAS W DUNN ESQGOVERNOR

TOM SREDNICKIGOVERNOR

TONY CAMBRIAGOVERNOR

TRUDY BURCKES HARDYGOVERNOR THRU 07/2024

FRANK CONWAYGOVERNOR

ALISON BANKS-MOOREGOVERNOR

AMRITA BASUGOVERNOR THRU 07/2024

ANN SWISTGOVERNOR

AUDREY NEWMANGOVERNOR THRU 06/2025

CAROL SCHAEFERGOVERNOR

CAROLYN MERKELGOVERNOR

CHRISTOPHER CONWAYGOVERNOR

CHRISTOPHER TURNERGOVERNOR THRU 07/2024

DAVID REPETTOGOVERNOR

DONALD J MADDIGOVERNOR

DOUGLAS HOLDENGOVERNOR

EILEEN COMERFORDVICE CHAIR/TREASURER

ELAINE ADLERGOVERNOR THRU 08/2024

EMILY KOSSTRIN MANNGOVERNOR

ALEXANDER ARNSGOVERNOR

FRED J DAMIANOGOVERNOR

GEORGE RUOTOLOGOVERNOR

HAROLD BOLTONGOVERNOR

IRA KALTMAN ESQGOVERNOR

JAMES KRANZGOVERNOR

JENNIFER ONEILLGOVERNOR

JIM DZIEKONSKIGOVERNOR THRU 06/2025

JOHN BREWSTERGOVERNOR

JOHN F WARDGOVERNOR

JONATHAN N MARCUS ESQGOVERNOR

JOSEPH A HAYNESGOVERNOR

KARTEEK BHAVSARGOVERNOR

KEITH DAWKINSCHAIR

KRISTI INTORREGOVERNOR

About this charity

Recognized since: January 1971
Location: 505 RAMAPO VALLEY RD, MAHWAH, NJ 07430-1623
County: Bergen
In care of: CHRISTOPHER ROMANO
Primary officer: CHRISTOPHER ROMANO, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailkdawkins@ramapo.edu Phone(201) 684-7611 Officer phone(201) 684-7615

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes