Overlook Foundation FY2020 filing

Tax-deductible

Summit, NJ501(c)(3)Since 1976Health CareEIN 51-0194054

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $3.7M a year · 22% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
19 mo
of spending, in cash
Looks good: 19.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $156K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5.5M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$18.1M
Spent
$6.6M
To programs
65%
Net assets
$101.3M
By yearFY2020–FY2025
Revenue
$18.1M
FY2020
Revenue by fiscal year
FY2020$18.1M
FY2021$14.3M
FY2022$22.1M
FY2023$14.8M
FY2024$13.9M
FY2025$16.5M
Expenses
$6.6M
FY2020
Expenses by fiscal year
FY2020$6.6M
FY2021$7.9M
FY2022$17.0M
FY2023$13.4M
FY2024$15.3M
FY2025$17.2M
Net assets
$101.3M
FY2020
Net assets by fiscal year
FY2020$101.3M
FY2021$129.9M
FY2022$118.8M
FY2023$124.7M
FY2024$130.6M
FY2025$136.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item COverlook Foundation
EINHdr · item D51-0194054
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 1979
Year of formationHdr · item L1976
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSummit, NJ
NTEE classificationIRS BMFHealth Care (E110)
WebsiteHdr · item Joverlookfoundation.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.24 Fundraising $0.12
Program services65%$4.2M
Management & general24%$1.6M
Fundraising12%$765K
Total functional expensesLn 25$6.6M

Financial health

Is it on solid ground?

Program efficiency
65%
of spending reaches programs
Operating runway
169.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+64%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$106.8M
FY2020
Total assets by fiscal year
FY2020$106.8M
FY2021$135.2M
FY2022$124.3M
FY2023$128.4M
FY2024$133.9M
FY2025$139.9M
Total liabilities
$5.5M
FY2020
Total liabilities by fiscal year
FY2020$5.5M
FY2021$5.3M
FY2022$5.5M
FY2023$3.7M
FY2024$3.3M
FY2025$3.4M
Revenue less expensesPt I · Ln 19$11.5M
Total assetsPt X · Ln 16$106.8M
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 328
Independent voting membersPt I · Ln 428

Balance Sheet

Part X · end of year
CashLn 1$10.4M
Total assetsLn 16$106.8M
Total liabilitiesLn 26$5.5M
Total net assetsLn 32$101.3M
Months of cash on handcomputed19.0

Statement of Revenue

Part VIII
Contributions & grants$14.5M · 80%
Investment income$3.6M · 20%
Contributions & grants80%$14.5M
Investment income20%$3.6M
Total revenueLn 12$18.1M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $90.9M · Operating expenses (Pt IX) $6.6M · Less non-cash grants $135K · Cash operating expenses/yr $6.4M
169.8 months
Where the money goes
Program services
Program services $4.2M · Total expenses $6.6M
65%
Management & General
Management & general $1.6M · Total expenses $6.6M
24%
Fundraising
Fundraising $765K · Total expenses $6.6M
12%
Cost to raise $1
Fundraising expense $765K · Solicited contributions $14.5M
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $14.5M · Total revenue $18.1M
80%
Government reliance
Government grants — · Total revenue $18.1M
—
Earned-income share
Program service revenue $0 · Total revenue $18.1M
0%
Investment reliance
Investment income $3.6M · Total revenue $18.1M
+20%
Program self-sufficiency
Program service revenue $0 · Total expenses $6.6M
0%
Growth & trend
Revenue growth (YoY)
This year $18.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $101.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $18.1M · Expenses $6.6M
+64%
Liabilities-to-Assets
Total liabilities — · Total assets $106.8M
—
Net-asset ratio
Net assets $101.3M · Total assets $106.8M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $68.0M · Other securities (Pt X, ln 12) $12.6M · Total assets (Pt X, ln 16) $106.8M
75%
People & payroll
Highest Reported Total Compensation
Individual Clelia Biamonti PHD · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $323K · Total expenses $6.6M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.1M · Total expenses $6.6M
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%——
Overhead ratio 24%——
Fundraising cost ratio 5%——
Investment management fee ratio 0.08%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$323,220Pt VII · Sec A
Dir of Planned Giving
$241,056Pt VII · Sec A
Assistant Secretary, Dir. Fin & Op
$154,730Pt VII · Sec A
$149,576Pt VII · Sec A
$133,660Pt VII · Sec A
Director
$118,157Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Clelia Biamonti PHD’s $406K as Executive Director is at the 66th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Clelia Biamonti PHD$406,495$382,672$371,593$359,282$336,112$323,220
Kenneth Cole———$242,373$221,643$241,056
Kimberly Myler$218,333$206,197$186,030$169,495$163,335$154,730
Marianne F Devlin$199,786$188,019$163,834———
Lorie McDonald$147,278$190,510$173,167$163,136$158,484$149,576
Kerry Mowry$172,100$164,256$145,315$127,825$124,085$118,157
Eileen S Weiss$170,188$162,146$132,758———
Marianne Devlin———$142,253$140,201$133,660

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Overlook Foundation executive salaries →

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Governance & Policies

Part VI
  • 28Voting board membersPt VI · Ln 1a
  • 28Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Develops and manages resources to advance high-quality healthcare delivery.

Provided by the organization

This section is blank until Overlook Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $4.2M of program spending, described in the organization's own filed words · FY2019.
01

Overlook foundation funds innovative programs and services at overlook medical center by providing critical people, processes and / or technology to benefit patients, their families and care providers.

$3.9Mprogram expense
02

To provide support to overlook medical center-aligned organizations and initiatives

$357Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 4 funders$156K
See all 4 funders →
Grants paid · 205 grants · $58.6M · 2019–2024
Overlook Medical CenterFY2024$13,677,773
Unitemized GrantFY2024$114,459
Unitemized GrantFY2024$97,889
Unitemized GrantFY2024$35,602
Unitemized GrantFY2024$29,509
Overlook Medical CenterFY2023$11,911,300
Unitemized GrantFY2023$71,867
Unitemized GrantFY2023$69,238
Unitemized GrantFY2023$7,947
Bridges Outreach INCNJ · FY2023$6,000
Unitemized GrantFY2023$3,433
Overlook Medical CenterFY2022$9,811,557
Unitemized GrantFY2022$200,587
Unitemized GrantFY2022$93,658
Unitemized GrantFY2022$16,482
Unitemized GrantFY2022$10,108
Bridges Outreach INCNJ · FY2022$10,000
See all 205 grants →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $16.5M$17.2M+18% 990 PDF
FY2024 $13.9M$15.3M-6% 990 PDF
FY2023 $14.8M$13.4M-33% 990 PDF
FY2022 $22.1M$17.0M+54% 990 PDF
FY2021 $14.3M$7.9M-21% 990 PDF
FY2020 Viewing $18.1M$6.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $6,562,549 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $3,429,814$3,429,814
IX-2 Grants to domestic individualsPrograms $281,898$281,898
IX-5 Pay of current officers, directors and key staffPrograms $208,504 · Management $430,885 · Fundraising $241,745$881,134
IX-7 Other salaries and wagesPrograms $247,228 · Management $510,909 · Fundraising $286,643$1,044,780
IX-9 Other employee benefitsPrograms $45,271 · Management $93,554 · Fundraising $52,488$191,313
IX-11c Accounting feesManagement $152,879$152,879
IX-11f Investment management feesManagement $89,320$89,320
IX-11g Other fees for servicesManagement $51,312$51,312
IX-12 Advertising and promotionPrograms $16,064 · Management $54,453 · Fundraising $26,509$97,026
IX-13 Office expensesPrograms $676 · Management $52,409 · Fundraising $4,702$57,787
IX-14 Information technologyManagement $16,904$16,904
IX-17 TravelPrograms $1,258 · Management $1,297 · Fundraising $1,215$3,770
IX-19 Conferences, conventions and meetingsPrograms $2,138 · Management $2,204 · Fundraising $2,065$6,407
IX-23 InsuranceManagement $26,021$26,021
IX-24 Other expenses (24a–d)Programs $3,207 · Management $65,246 · Fundraising $150,058$218,511
IX-24e All other expensesManagement $13,673$13,673
IX-25 Total functional expensesPrograms $4,236,058 · Management $1,561,066 · Fundraising $765,425$6,562,549

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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