Education (B41Z) IRS Verified DX Registered 990 on File

RARITAN VALLEY COMMUNITY COLLEGE DIR OF BUDGET & FINANCE OFFICE

EIN: 22-1815636 · SOMERVILLE, NJ 08876-1265 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 98/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

ECET2NJPA stands for New Jersey and Pennsylvania Elevating and Celebrating Effective Teaching and Teachers. What it means is a deep commitment to growing, nurturing, and leveraging the abilities of each individual educator in both states. We provide a convening experience where the sole focus is on using the combined power of each invitee in the room to strengthen individual pedagogy, knowledge, relationships, and trust. Best of all, we’re free. The logistics for each piece of this convening are paid for through a grant written to the Bill and Melinda Gates Foundation, and generous sponsorship from a number of New Jersey, Pennsylvania, and national organizations. The organizations who support us in our desire to move education forward by sponsoring this event are located on our Sponsors Page.

Financial Overview — FY 2023

$83.8M

Total Revenue

$72.6M

Total Expenses

$77.8M

Net Assets

1086

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 83.0%

Fundraising Efficiency N/A

Operating Reserve 12.85x

Liability-to-Asset 30.6%

Revenue Diversification 62.5%

Executive Compensation $971K

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	83.0%	84.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	17.0%	13.5%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.7%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	12.9 mo	10.9 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	30.6%	34.2%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	62.5%	87.3%	P10P90	Top quarter
Revenue growth Year over year revenue growth	10.4%	4.8%	P10P90
Expense growth Year over year expense growth	-5.1%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	13.4%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$83.8M	$72.6M	$77.8M	83.0%	1086
2022	$75.9M	$76.5M	$67.1M	85.3%	1008
2021	$84.3M	$77.7M	N/A	—	1100

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Organization Details

EIN: 22-1815636
State: NJ
City: SOMERVILLE
ZIP: 08876-1265
Classification: B41Z
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2014
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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