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Health : Treatment and Prevention Services (Grantmaking/Grants Payable)

Overlook Foundation

Touch Lives. Change Lives. Save Lives.

87.37

46-48 Beauvoir Avenue Summit, NJ 07901
tel: (908) 522-2840   Web Site
EIN: 51-0194054

Board Leadership
A. Jude Avelino
Chair

CEO
Clelia Biamonti
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 87.37
  Financial 82.15
  Accountability & Transparency 100.00
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Established in 1976, the Overlook Foundation raises funds for state-of-the-art equipment, facilities, medical experts, and programs that help Overlook Medical Center remain a leading provider of medical care. The monies raised by the foundation are used to provide direct support to Overlook in delivering high-quality, cost-effective health care in a healing environment. Overlook Medical Center is a ranked by Healthgrades as one of the top 100 hospitals in America, ranked on medical outcomes and safety and boasts the top neurosurgical, stroke, and neuroscience program in the state of New Jersey. Those neuroscience programs have earned national awards for excellence than any hospital in New Jersey or New York City.

Established in 1976, the Overlook Foundation raises funds for state-of-the-art equipment, facilities, medical experts, and programs that help Overlook Medical Center remain a leading provider of medical care. The monies raised by the foundation are used to provide direct support to Overlook in delivering high-quality, cost-effective health care in a healing environment. Overlook Medical Center is a ranked by Healthgrades as one of the top 100 hospitals in America, ranked on medical outcomes and safety and boasts the top neurosurgical, stroke, and neuroscience program in the state of New Jersey. Those neuroscience programs have earned national awards for excellence than any hospital in New Jersey or New York City.

Financial

82.15

Accountability & Transparency

100.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
66.3%
  Administrative Expenses 12.0%
  Fundraising Expenses 21.6%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 8.67
  Program Expenses Growth 22.8%
  Liabilities to Assets 7.0%
All data for Financial Performance Metrics calculations was provided by Overlook Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Overlook Foundation on recent 990s filed with the IRS.

Highly Rated

REVENUE  
Contributions  
   Contributions, Gifts & Grants $12,916,892
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $224,400
   Related Organizations $0
   Government Grants $0
Total Contributions $13,141,292
   Program Service Revenue $0
Total Primary Revenue $13,141,292
   Other Revenue $3,869,117
TOTAL REVENUE $17,010,409
   
EXPENSES  
   Program Expenses $7,010,514
   Administrative Expenses $1,618,826
   Fundraising Expenses $1,021,537
TOTAL FUNCTIONAL EXPENSES $9,650,877
   
Payments to Affiliates $0
Excess (or Deficit) for the year $7,359,532
   
Net Assets $95,001,180

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Direct Support to Overlook Medical Center $6,712,636 95.8%
Support Community Organizations $297,878 4.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 02/01/2021 87.37
2018-06 09/03/2019 75.76
2017-06 12/01/2018 84.96
2016-06 11/01/2017 82.67
2015-06 10/01/2016 73.16
2014-06 06/01/2016 75.64
 
CN 2.0
2014-06 12/22/2015 77.52
2014-06 11/01/2015 77.34
2013-06 11/01/2014 69.38
2012-06 11/01/2013 77.98
2011-06 11/06/2012 82.37
2010-06 09/20/2011 79.53
 
CN 1.0
2009-06 09/01/2010 65.40
2008-06 07/01/2009 74.78
2007-06 10/01/2008 83.56
2006-06 10/01/2007 91.35
2005-06 09/01/2006 77.97
2004-06 12/01/2005 57.26
2003-06 04/01/2004 73.31
2002-06 12/01/2003 71.69

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 51-0194054
Name in IRS Master File OVERLOOK FOUNDATION
NTEE Code E11
NTEE Classification Single Organization Support
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1979
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$264,289 2.73% Clelia Biamonti Executive Director

Highly Rated

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Overlook Foundation
46-48 Beauvoir Avenue
Summit, NJ 07901
tel: (908) 522-2840
fax: (908) 273-3968
EIN: 51-0194054

Visit Web Site

Board Leadership

A. Jude Avelino
Chair

CEO

Clelia Biamonti
Executive Director

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