Foundation Of The New Jersey District Of Kiwanis International
- Assets
- $339.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 07/2002
- Data as of
- 09/2023
- EIN
- 02-0572183
Organization Overview
Foundation Of The New Jersey District Of Kiwanis International is located in Summit, NJ. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The New Jersey District Of Kiwanis International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Foundation Of The New Jersey District Of Kiwanis International generated $65.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $54.8k during the year ending 09/2023. While expenses have increased by 6.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR YOUTH LEADERSHIP/SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3
NJ CIRCLE K, KEY CLUB SCHOLARSHIPS, AND LEADERSHIP TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Gerald Adelsohn Treasurer | 3 | $0 | |
Michael Mulhaul President | 3 | $0 | |
Mickey Cohen Vice President | 1 | $0 | |
Celeste Werfel Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,485 |
| Total Program Service Revenue | $5,256 |
| Membership dues | $0 |
| Investment income | $3,186 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,015 |
| Other Revenue | $0 |
| Total Revenue | $65,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,811 |
| Total expenses | $54,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $339,832 |
| Other assets | $0 |
| Total assets | $339,832 |
| Total liabilities | $0 |
| Net assets or fund balances | $339,832 |