PRINCETON AREA COMMUNITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

PRINCETON AREA COMMUNITY FOUNDATION INC

EIN 52-1746234 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE COMMUNITY FOUNDATION PROMOTES PHILANTHROPY to ADVANCE THE WELL-BEING of OUR COMMUNITIES. THE COMMUNITY FOUNDATION HAS SEVERAL GRANTMAKING INITIATIVES IN THE AREAS of EDUCATION, ARTS, BASIC HUMAN NEEDS, CAPACITY BUILDING, and MORE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.50 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 leaders24 people are listed in the latest report.

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

Money made simple

164.76%of revenue went to mission work93.5% of expenses · Program services

5.89%of revenue went to fundraising3.3% of expenses

$176.19spent for every $100 of revenueSpending was higher than revenue this year.

5.53%of revenue went to management and office costs3.1% of expenses

$7.60in assets for every $1 spent this yearSome assets cannot be spent right away.

75.2%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.

Worth asking: Expenses exceeded revenue by $15,914,054 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $332,188 for LAURA J LONGMAN (COO/CFO (INTERIM CEO)). 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$20,887,454

Mission workProgram services$34,414,912164.76% of revenue93.5% of expenses

ManagementOffice and general costs$1,155,8845.53% of revenue3.1% of expenses

FundraisingAsking for donations$1,230,7125.89% of revenue3.3% of expenses

Total expenses$36,801,508176.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 93.5% mission · 3.1% management · 3.3% fundraisingTotal expenses: 176.19% of revenue

2023Expense mix: 89.8% mission · 4.4% management · 5.7% fundraisingTotal expenses: 77.28% of revenue

2022Expense mix: 92.3% mission · 3.7% management · 3.9% fundraisingTotal expenses: 90.16% of revenue

2021Expense mix: 92.2% mission · 3.3% management · 4.5% fundraisingTotal expenses: 101.20% of revenue

2020Expense mix: 92.8% mission · 3.3% management · 3.9% fundraisingTotal expenses: 91.68% of revenue

2019Expense mix: 92.5% mission · 3.6% management · 3.9% fundraisingTotal expenses: 93.74% of revenue

2018Expense mix: 94.4% mission · 3.0% management · 2.6% fundraisingTotal expenses: 94.75% of revenue

2017Expense mix: 94.4% mission · 2.8% management · 2.8% fundraisingTotal expenses: 58.84% of revenue

Money in and money out

Revenue$20,887,454

Expenses$36,801,508

Annual shortfall $15,914,054 Expenses were higher than revenue 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)$34,414,912 · 93.5% of expenses

Management and office costs$1,155,884 · 3.1% of expenses

Fundraising$1,230,712 · 3.3% of expenses

See all reported dollar amounts

Revenue$20,887,454

Expenses$36,801,508

Assets$279,610,078

Income$54,166,151

Contributions$15,711,370

Mission work (program services)$34,414,912

Fundraising$1,230,712

Grants given$158,629,546

Average grant$51,420

Management and general$1,155,884

Executive compensation (total)$500,007

Stocks and bonds$25,703,426

Investing fees$9,685

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

LAURA J LONGMANCOO/CFO (INTERIM CEO) · 40 hrs/week $332,188Base $298,381 · Other $33,807

MARCIA W SHACKELFORDCHIEF PHILANTHROPY OFFICER · 40 hrs/week $248,862Base $206,725 · Other $42,137

NELIDA VALENTINVICE PRESIDENT, GRANTS & PRGM · 40 hrs/week $229,026Base $201,098 · Other $27,928

LYNNE TOYEEXEC DIR OF NEW JERSEY ARTS · 40 hrs/week $215,353Base $185,695 · Other $29,658

MICHAEL R NUNOSENIOR DIR OF PHILANTHROPY · 40 hrs/week $185,442Base $162,333 · Other $23,109

MICHELLE M SAHNDIRECTOR OF COMMUNICATIONS · 40 hrs/week $161,852Base $140,865 · Other $20,987

JEFFREY VEGAPRESIDENT/CEO (DECD 1/28/24) · 40 hrs/week $89,704Base $87,973 · Other $1,731

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 (24)

LAURA J LONGMANCOO/CFO (INTERIM CEO)

MARCIA W SHACKELFORDCHIEF PHILANTHROPY OFFICER

NELIDA VALENTINVICE PRESIDENT, GRANTS & PRGM

LYNNE TOYEEXEC DIR OF NEW JERSEY ARTS

MICHAEL R NUNOSENIOR DIR OF PHILANTHROPY

MICHELLE M SAHNDIRECTOR OF COMMUNICATIONS

JEFFREY VEGAPRESIDENT/CEO (DECD 1/28/24)

MICHAEL ULLMANNTRUSTEE

VICTORIA RIVERA-CRUZTRUSTEE

TONYA WOODLAND MHRM MSTRUSTEE

STEVE DOWNSTRUSTEE

SONIA DELGADO MGABOARD CHAIR

SCOT D PANNERPACKERCPAABV CFFSECRETARY

PEG FORRESTELTRUSTEE

NICOLE BRONZANTRUSTEE

MIKE VAN WAGNERTRUSTEE

ANDREW K GOLDEN CFATRUSTEE

MARYGRACE BILLEK MSSWTRUSTEE

LOVERPREET BUTTARTREASURER

KANEDA N BULLOCK CFP MBA AIFTRUSTEE

JOHN P THURBERTRUSTEE

HEATHER ESHELMAN MCCUSKERTRUSTEE

DR SHANNON MASONTRUSTEE

ATIYA WEISSTRUSTEE

About this charity

Recognized since: January 1991
Location: 212 CARNEGIE CTR STE 201, PRINCETON, NJ 08540-6240
County: Mercer
In care of: % LAURA LONGMAN
Primary officer: Mathieu Nelessen, President and CEO

How to reach them

WebsiteVisit the charity’s website Phone(609) 219-1800

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WITHUMSMITHBROWN PC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes