Charity Search / SOLID FOUNDATION SKATEPARK INC
Youth Development (O50) 990 on File

SOLID FOUNDATION SKATEPARK INC

EIN: 77-0617835 · PATERSON, NJ 07509-7000 · United States · FY 2025 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$700K
Total Revenue
$671K
Total Expenses
$58K
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.1%
Fundraising Efficiency N/A
Operating Reserve 1.04x
Liability-to-Asset 83.4%
Revenue Diversification 100.0%
Executive Compensation $87K
Compared with Peers
FY 2025
Compared with 2,098 similar organizations (United States, Youth Development, $100K–$1M in expenses), FY 2025.
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
86.1% 88.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.1% 8.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.8% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
1.0 mo 6.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
83.4% 0.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 92.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
90.0% 7.1%
P10P90
Expense growth
Year over year expense growth
26.7% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
4.1% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $700K $671K $58K 86.1% 6
2024 $368K $529K $29K 92.4% 13
2023 $456K $256K $190K 89.8% 12
2022 $290K $309K $-9,532 92.2% 14
2021 $348K $188K N/A — 1
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Organization Details
EIN
77-0617835
State
NJ
City
PATERSON
ZIP
07509-7000
Classification
O50
Category
Youth Development
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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