Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Princeton Class of 1961 Foundation Inc
EIN 45-3667792 • 501(c)3 • Summit, NJ
Profile
Its mission is to engage in community service projects and to provide assistance to needy classmates.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.06x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Balance Sheet
Assets
Up$175,881
Up $12,884 (+7.9%) from 2024
Liabilities
Up$10,000
Up $10,000 from 2024
Net Assets
Up$165,881
Up $2,884 (+1.8%) from 2024
Revenue
Up$25,468
Up $1,081 (+4.4%) from 2024
Expenses
Up$22,584
Up $3,942 (+21%) from 2024
Net Income
Down$2,884
Down $2,861 (-50%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $175,881
- Liabilities
- $10,000
- Net assets
- $165,881
- Revenue
- $25,468
- Expenses
- $22,584
- Net income
- $2,884
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Jul 22, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $25,468
Mission and Program Overview
Mission
Its mission is to engage in community service projects and to provide assistance to needy classmates.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| COMMUNITY SERVICE PROJECTS THAT THE FOUNDATION APPROVES. | $10,000 | $0 |
| ASSISTANCE TO NEEDY INDIVIDUALS | $5,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES C BLAIR | President | - | $0 | - | - |
| ROBERT PICKENS | Vice President | - | $0 | - | - |
| CAROL WOJCIECHOWICZ | Trustee | - | $0 | - | - |
| MICHAEL M HORN | Secretary | - | $0 | - | - |
| EVELYN PRATHER | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Princeton Class of 1961 Foundation Inc
- EIN
- 45-3667792
- Phone
- 9085812034
- Address
- 22-26 RIVER RD 24, SUMMIT, NJ 07901
Signing Officer
- Name
- Deborah Brien
- Title
- Accountant
- Phone
- 9084587667
- Signed
- 2025-07-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Olsen & Thompson PA
- Address
- 970 Mount Kemble Ave, Morristown, NJ 07960
- Preparer
- Brian Doherty
- Phone
- 9734253212
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: COMMUNITY SERVICE. Grantee Name: PRINCETON UNIVERSITY. Grantee Address: PO BOX 5357 PRINCETON, NJ 08543-5357. Grantee Relationship: NONE. Property Description: CASH. Date of Gift: 07/08/24. Amount Given: 10,000.”
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: NEEDY CLASSMATES. Grantee Name: LEE HEGNER. Grantee Relationship: NONE. Property Description: CASH. Date of Gift: 11/29/24. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 15,000.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: FILING FEES. Amount: 60. Description: MISCELLANEOUS. Amount: 50. Total to Form 990-EZ, line 16: 110.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: INVESTMENT ACCOUNTS. Beg. of Year Amount: 51,523. End of Year Amount: 101,503.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: SHORT TERM LOAN. Beg. of Year Amount: 0. End of Year Amount: 10,000.”
Raw XML Appendix172 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EVELYN PRATHER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9083916252 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 160 SUMMIT AVE APT 24 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SUMMIT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07901 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 111474 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 74378 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 25468 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2884 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6066 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 162997 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 175881 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 15000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 25468 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 162997 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 165881 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 162997 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 165881 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES C BLAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROBERT PICKENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CAROL WOJCIECHOWICZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MICHAEL M HORN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | EVELYN PRATHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 51523 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 101503 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 110 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ITS MISSION IS TO ENGAGE IN COMMUNITY SERVICE PROJECTS AND TO PROVIDE ASSISTANCE TO NEEDY CLASSMATES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1408 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMMUNITY SERVICE PROJECTS THAT THE FOUNDATION APPROVES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ASSISTANCE TO NEEDY INDIVIDUALS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 10000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 22584 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 25468 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.princeton61.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 25468 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24387 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 20265 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24102 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19944 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 114166 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1277 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 334 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1611 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.54600 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.54750 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 63213 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 50953 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 25468 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24387 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 20265 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24102 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19944 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 114166 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 115777 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Classification: COMMUNITY SERVICE. Grantee Name: PRINCETON UNIVERSITY. Grantee Address: PO BOX 5357 PRINCETON, NJ 08543-5357. Grantee Relationship: NONE. Property Description: CASH. Date of Gift: 07/08/24. Amount Given: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Classification: NEEDY CLASSMATES. Grantee Name: LEE HEGNER. Grantee Relationship: NONE. Property Description: CASH. Date of Gift: 11/29/24. Amount Given: 5,000. Total included on Form 990-EZ, line 10: 15,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: FILING FEES. Amount: 60. Description: MISCELLANEOUS. Amount: 50. Total to Form 990-EZ, line 16: 110. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: INVESTMENT ACCOUNTS. Beg. of Year Amount: 51,523. End of Year Amount: 101,503. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: SHORT TERM LOAN. Beg. of Year Amount: 0. End of Year Amount: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DEBORAH BRIEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ACCOUNTANT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9084587667 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRINCETON CLASS OF 1961 FOUNDATION INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O EVELYN PRATHER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRIN |
| ReturnHeader/Filer/EIN | 0 | 453667792 |
| ReturnHeader/Filer/PhoneNum | 0 | 9085812034 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 22-26 RIVER RD 24 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SUMMIT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07901 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 221914497 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Olsen & Thompson PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 970 Mount Kemble Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Morristown |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07960 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9734253212 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BRIAN DOHERTY |
| ReturnHeader/ReturnTs | 0 | 2025-07-22T09:35:05-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.