Verizon Foundation
Basking Ridge, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,525,643↑12% | $7,420,270↑41% | $25,968,957↓3% | — |
| 2022 | $6,748,199↓69% | $5,248,367↓71% | $26,786,747↑1% | — |
| 2021 | $21,584,016↓62% | $18,137,185↓66% | $26,429,657↑18% | — |
| 2020 | $57,335,619↑693% | $53,304,043↑110% | $22,429,247↑16% | — |
| 2019 | $7,229,272↑16372% | $25,347,184↓26% | $19,360,141↑113% | — |
| 2015 | $43,888↓39% | $34,461,546↑1% | $9,071,029↓80% | — |
| 2014 | $72,442↓100% | $34,100,487↓33% | $45,180,315↓45% | — |
| 2013 | $44,538,684↑266% | $50,785,654↑5% | $82,231,678↓16% | — |
| 2012 | $12,180,544↓40% | $48,258,059↓7% | $98,050,530↓32% | — |
| 2011 | $20,272,440 | $51,934,311 | $144,451,318 | — |
Frequently Asked Questions
What does Verizon Foundation do?▼
Verizon Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in New Jersey. It is classified under NTEE code T21Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Verizon Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Verizon Foundation has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Verizon Foundation generate?▼
Revenue data for Verizon Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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