Civic Intelligence

Wallerstein Foundation for Geriatri C Life Improvement Inc.

990PF • Fiscal year 2022 • EIN 22-3052726

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 15, 2022

11 Hancock DriveFlorham Park, NJ 07932-2306

(973) 731-2500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Net Margin

23rd percentile

-13%

Higher net margin than 23% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$100,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2022 filings • $5M-$10M nonprofits • Source year 2022

Asset Growth

48th percentile

-0.8%

Faster asset growth than 48% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-7.7%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$9,915,495

Down $80,114 (-0.8%) from 2021

Net Assets

Down

$9,911,475

Down $78,427 (-0.8%) from 2021

Liabilities

Down

$4,020

Down $1,687 (-30%) from 2021

Revenue

Down

$625,495

Down $51,972 (-7.7%) from 2021

Expenses

Up

$703,922

Up $42,762 (+6.5%) from 2021

Net Income

Down

-$78,427

Down $94,734 (-581%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $9,614,726Liabilities 2011: $5,5422011Assets 2012: $9,485,238Liabilities 2012: $5,2652012Assets 2013: $9,735,310Liabilities 2013: $23,1472013Assets 2014: $9,420,430Liabilities 2014: $3,9622014Assets 2015: $9,386,875Liabilities 2015: $62,0592015Assets 2016: $9,812,102Liabilities 2016: $52,0432016Assets 2020: $9,975,492Liabilities 2020: $1,8972020Assets 2021: $9,995,609Liabilities 2021: $5,707Net Assets 2021: $9,989,9022021Assets 2022: $9,915,495Liabilities 2022: $4,020Net Assets 2022: $9,911,4752022Assets 2023: $9,565,715Liabilities 2023: $18,575Net Assets 2023: $9,547,1402023Assets 2024: $9,142,508Liabilities 2024: $3,575Net Assets 2024: $9,138,9332024Assets 2025: $9,114,129Liabilities 2025: $4,064Net Assets 2025: $9,110,0652025

Highlighted filing

2022

Assets$9,915,495
Liabilities$4,020
Net Assets$9,911,475

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $1,317,241Expenses 2011: $935,840Net Income 2011: $381,4012011Revenue 2012: $940,530Expenses 2012: $1,069,741Net Income 2012: -$129,2112012Revenue 2013: $1,184,564Expenses 2013: $952,374Net Income 2013: $232,1902013Revenue 2014: $725,200Expenses 2014: $1,020,895Net Income 2014: -$295,6952014Revenue 2015: $753,972Expenses 2015: $845,624Net Income 2015: -$91,6522015Revenue 2016: $1,019,489Expenses 2016: $584,246Net Income 2016: $435,2432016Revenue 2020: $79,113Expenses 2020: $677,819Net Income 2020: -$598,7062020Revenue 2021: $677,467Expenses 2021: $661,160Net Income 2021: $16,3072021Revenue 2022: $625,495Expenses 2022: $703,922Net Income 2022: -$78,4272022Revenue 2023: $234,291Expenses 2023: $598,626Net Income 2023: -$364,3352023Revenue 2024: $282,240Expenses 2024: $690,447Net Income 2024: -$408,2072024Revenue 2025: $646,775Expenses 2025: $675,643Net Income 2025: -$28,8682025

Highlighted filing

2022

Revenue$625,495
Expenses$703,922
Net Income-$78,427
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 15, 2022
Return Version
2021v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN E PERLIKSecretaryFT$100,000-$100,000
LESLEY W BUNNDirector-$0--
DEBRA W WILLIAMSDirector-$0--
MITCHEL B WALLERSTEINPresidentPT$0--
MATTHEW P WALLERSTEINVice-Preside-$0--
LEAH P WALLERSTEINTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Wallerstein Foundation for
EIN
22-3052726
Phone
9737312500
Address
11 HANCOCK DRIVE, FLORHAM PARK, NJ 07932-2306

Signing Officer

Name
Mitchel B Wallerstein
Title
President
Phone
9737312500
Signed
2022-09-15

Preparer

Firm
Andrew Wolcott CPA
Address
11 HANCOCK DR, FLORHAM PARK, NJ 07932-2306
Preparer
Andrew Wolcott CPA
Phone
9735930033
Raw XML Appendix346 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt1ANDREW WOLCOTT, CPA-YEAR 2021
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt2THOMAS M. EMMANUELLE, CPA
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IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0false
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0MITCHEL B WALLERSTEIN
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0807 DAVIS STREET UNIT 601
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0EVANSTON
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0IL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd060201
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NJ
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum09737312500
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0INSTRUCTIONS ARE PROVIDED ON THE FOLLOWING WEB PORTAL REGARDING THE FORMAT AND SPECIFIC INFORMATION THAT MUST BE INCLUDED IN THE APPLICATION. HTTPS://WEBPORTALAPP.COM/APPFORM/LOGIN/WALLERSTEINFOUNDATI ON_GRANT.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0DR SUSAN PERLIK
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum09737312500
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0807 DAVIS STREET UNIT 601
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0EVANSTON
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0IL
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd060201
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THE FOUNDATION GENERALLY MAKES GRANTS TO ORGANIZATIONS IN THE NEW YORK METROPOLITAN AREA, ALTHOUGH GEOGRAPHIC EXCEPTIONS ARE MADE ON OCCASION. THE FOUNDATION'S PHILANTHROPIC FOCUS IS ON GERIATRIC LIFE IMPROVEMENT, AND VIRTUALLY ALL SUCCESSFUL APPLICATIONS WILL CONCERN AGING PROGRAMS OR RESEARCH ON AGING. THE FOUNDATION WILL ONLY MAKE GRANTS TO ORGANIZATIONS THAT CAN PROVIDE THEIR IRS 501(C)(3) LETTER OF APPROVAL AND A COPY OF THEIR MOST RECENT IRS TAX RETURN FILING.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0THERE ARE NO SUBMISSION DEADLINES.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0479124
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0(SEE SCHEDULE ATTACHED)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0(SEE SCHEDULE ATTACHED)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0CHARITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0VARIOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0VARIOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd007932
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0479124
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0187498
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0291626
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0575534
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0479124
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0388036
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0291626
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt06989
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt06989
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0EXCHANGES RECEIVABLE
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1PAYROLL TAXES PAYABLE
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc2FEDERAL EXCISE TAX OVERPYMT
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt01352
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt01352
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1OFFICE SUPPLIES & EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2TELEPHONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3DUES AND SUBSCRIPTIONS AND LI
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4COMPUTER & INTERNET EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5MOVING EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6MEALS AND ENTERTAINMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7INSURANCE - WORKMANS COMP
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8INSURANCE - LIABILITY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9MISCELLANEOUS EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt09911
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt12890
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2508
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt3173
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt09911
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt12890
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2508
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3173
OtherIncomeSchedule2/OtherIncomeDetail/Desc0OTHER INCOME
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt07
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt07
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt02932
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt12775
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0EXCHANGES PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc1FEDERAL EXCISE TAX PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc2PAYROLL TAXES PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt03575
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt074546
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt1405
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0J.P. MORGAN CHASE
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1ALTIGRO PENSION CONSULTANTS
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt074546
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt1405
TaxesSchedule/TaxesDetail/Amt05648
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL EXCISE TAX - FORM 990-PF
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MITCHEL B WALLERSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09737312500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALLERSTEIN FOUNDATION FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GERIATRIC LIFE IMPROVEMENT
ReturnHeader/Filer/BusinessNameControlTxt0WALL
ReturnHeader/Filer/EIN0223052726
ReturnHeader/Filer/PhoneNum09737312500
ReturnHeader/Filer/USAddress/AddressLine1Txt011 HANCOCK DRIVE
ReturnHeader/Filer/USAddress/CityNm0FLORHAM PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd0079322306
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222942879
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDREW WOLCOTT CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011 HANCOCK DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORHAM PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0079322306
ReturnHeader/PreparerPersonGrp/PhoneNum09735930033
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW WOLCOTT CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-03T10:48:50-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MITCHEL B
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALLERSTEIN
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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