Contemplative Outreach Ltd
- Assets
- $1.6m
- Revenue
- $765.2k
- Investments
- $0.0
- Employees
- 6
- Location
- West Milford, NJ
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 13-3345685
Organization Overview
Contemplative Outreach Ltd is located in West Milford, NJ. The organization was established in 1946. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Contemplative Outreach Ltd employed 6 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Contemplative Outreach Ltd 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 12/2021, Contemplative Outreach Ltd generated $765.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $764.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RENEW THE CONTEMPLATIVE DIMENSION OF THE GOSPEL IN EVERY DAY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHING THE PRACTICE OF CENTERING PRAYER AND THE CONTEMPLATIVE CHRISTIAN LIFE THROUGH PUBLICATIONS, PROGRAMS, RETREATS AND FORMATION OPPORTUNITIES, AS WELL AS THROUGH ONLINE COURSES AND RESOURCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jane Yates Administrator | OfficerTrustee | 40 | $72,953 |
Julie Saad Facilitator | OfficerTrustee | 1 | $0 |
Pat Johnson Treasurer | OfficerTrustee | 1 | $0 |
Carol Quest Secretary | OfficerTrustee | 1 | $0 |
Jenny Adamson Co-Facilitator | OfficerTrustee | 1 | $0 |
Maru Ladron DE Guevara Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $677,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $677,245 |
| Total Program Service Revenue | $0 |
| Investment income | $36,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $37,338 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,559 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,250 |
| Grants and other assistance to domestic individuals. | $31,692 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,953 |
| Compensation of current officers, directors, key employees. | $25,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $255,838 |
| Pension plan accruals and contributions | $15,797 |
| Other employee benefits | $47,674 |
| Payroll taxes | $24,315 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $810 |
| Fees for services: Accounting | $21,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,676 |
| Advertising and promotion | $0 |
| Office expenses | $2,255 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,135 |
| Travel | $48,051 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $323 |
| Insurance | $2,420 |
| All other expenses | $895 |
| Total functional expenses | $764,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,246 |
| Savings and temporary cash investments | $40,155 |
| Pledges and grants receivable | $15,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $123,365 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,131,256 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,620,522 |
| Accounts payable and accrued expenses | $48,003 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,003 |
| Net assets without donor restrictions | $1,463,849 |
| Net assets with donor restrictions | $108,670 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,620,522 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Contemplative Outreach Ltd has recieved totaling $22,430.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $20,600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,330 |
Barberry Foundation Inc Summit, NJ PURPOSE: SUPPORT FOR THE MOVEMENT OF CENTERING PRAYER | $500 |
Endowment Analysis
| Beg. Balance | $2,500 |
| Ending Balance | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Charities Community Services Archdiocese Of New York New York, NY | $26,243,473 | $67,855,739 |
Woodlawn Foundation New Rochelle, NY | $58,943,273 | $25,049,674 |
Raskob Foundation For Catholic Activities Incorporated Wilmington, DE | $222,202,600 | $26,821,611 |
Community Association Of Progressive Dominicans Inc New York, NY | $3,345,960 | $6,118,311 |
Murray Hill Place Inc New York, NY | $43,211,368 | $5,022,335 |
Catholic Migration Services Inc Brooklyn, NY | $5,700,505 | $6,076,447 |
Villa St Joseph Of Baden Inc Baden, PA | $11,517,142 | $339,761 |
Riverside Study Center Inc New York, NY | $14,243,524 | $2,424,338 |
Hrh Management Corporation Huntingdon Valley, PA | $24,532,221 | $3,996,088 |
Blue Army Of Our Lady Of Fatima Usa Inc Washington, NJ | $5,683,960 | $2,629,820 |
St Elizabeth Child Care Center Jersey City, NJ | $1,155,375 | $1,799,045 |
St Philip The Apostle Foundation Inc Ramsey, NJ | $42,234,590 | $3,367,781 |