Princeton Show Jumping Charities INC EIN 83-3509606

Princeton Show Jumping Charities INC

EIN  83-3509606 Public charity (501(c)(3)) Princeton, NJ
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Size
$100K–1M
What they do
Organizes equestrian competitions in New Jersey to support national and world championship programs.
Leadership
Elizabeth Guarino · Secretary · $23K
Money in and out
$983K revenue, $701K expenses
Bottom line
97% program efficiency

Organizes equestrian competitions in New Jersey to support national and world championship programs. For fiscal year 2020 it reported $983K in revenue, $701K in expenses, and $282K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$983K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $282K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total revenue
$983K
Pt VIII · Ln 12
Total expenses
$701K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$282K
Total assetsPt X · Ln 16$282K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $680K of program spending, described in the organization's own filed words · FY2020.
01

Providing high quality, New Jersey based, equestrian competitions to foster the production of sport horses, in support of the mission of the United States Equestrian Federation, the United States Olympic Equestrian Team, the United States Hunter Jumper Association and the World Championship Hunter Rider program.

$680Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrinceton Show Jumping Charities INC
EINHdr · item D83-3509606
Principal addressHdr · item CPrinceton, NJ
WebsiteHdr · item Jwww.psjcharities.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N69)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$22,888Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Elizabeth Guarino’s $23K as Secretary is at the 81st percentile of top reported officer pay among 97 <$100K recreation & sports 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.

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Statement of Revenue

Part VIII
Program service revenue100%$982K
Contributions & grants$1K
Total revenueLn 12$983K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$680K
Management & general3%$20K
Total functional expensesLn 25$701K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$282K
Total liabilitiesLn 26$0
Total net assetsLn 32$282K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses/yr $701K
0.1 months
Where the money goes
Program services
Program services $680K · Total expenses $701K
97%
Management & General
Management & general $20K · Total expenses $701K
3%
Fundraising
Fundraising $0 · Total expenses $701K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $983K
0%
Government reliance
Government grants — · Total revenue $983K
Earned-income share
Program service revenue $982K · Total revenue $983K
100%
Investment reliance
Investment income $0 · Total revenue $983K
0%
Program self-sufficiency
Program service revenue $982K · Total expenses $701K
140%
Growth & trend
Revenue growth (YoY)
This year $983K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $282K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $983K · Expenses $701K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $282K
Net-asset ratio
Net assets $282K · Total assets $282K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $282K
0%
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Guarino · Reported title Secretary · Highest reported compensation $23K · Total expenses $701K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $305K · Total expenses $701K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2020 (Latest)$983K revenue · viewing · ⤓ 990 PDF

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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
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