National Road Safety Foundation Inc
- Assets
- $46.1m
- Revenue
- $211.0k
- Investments
- $0.0
- Employees
- 9
- Location
- New York, NY
- Founding
- 05/1990
- Data as of
- 04/2023
- EIN
- 13-6128274
Organization Overview
National Road Safety Foundation Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 04/2023, National Road Safety Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Road Safety Foundation Inc 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 04/2023, National Road Safety Foundation Inc generated $211.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $1.2m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, National Road Safety Foundation Inc has awarded 23 individual grants totaling $1,018,830. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO REDUCING CRASHES, DEATH AND DISABILITY ON OUR NATION'S ROADS BY PROMOTING SAFE DRIVING HABITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PRODUCES DOCUMENTARIES, EDUCATIONAL PROGRAMS,PUBLIC SERVICE CAMPAIGNS FOR BROADCAST AND USE IN SAFETY,EDUCATIONAL AND DRIVER ENFORCEMENT PROGRAMS; AND DISTRIBUTES THEMFREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Manocherian Vice President/trustee | Trustee | 5 | $0 |
John Manocherian President/trustee | Trustee | 5 | $0 |
Caroline M Manocherian Vice President/trustee | Trustee | 5 | $0 |
Scott Solomon Secretary/trustee | Trustee | 5 | $0 |
Anthony Portera Independent Trustee | Trustee | 5 | $0 |
David Reich Independent Trustee | Trustee | 5 | $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 | $31,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,117 |
| Total Program Service Revenue | $0 |
| Investment income | $1,224,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$306,110 |
| Net Gain/Loss on Asset Sales | -$738,529 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $210,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $212,698 |
| Grants and other assistance to domestic individuals. | $9,366 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,063 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,067 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,176 |
| Fees for services: Other | $1,241 |
| Advertising and promotion | $324,582 |
| Office expenses | $16,666 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $55,916 |
| All other expenses | $0 |
| Total functional expenses | $1,217,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $971,113 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,861,484 |
| Investments—publicly traded securities | $33,034,519 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,741 |
| Total assets | $46,074,857 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,704 |
| Total liabilities | $2,704 |
| Net assets without donor restrictions | $46,072,153 |
| Net assets with donor restrictions | $0 |
| 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 | $46,074,857 |
Grants Awarded
Over the last fiscal year, National Road Safety Foundation Inc has awarded $206,074 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SADD INC PURPOSE: GENERAL SUPPORT | $45,000 |
GOVERNORS HIGHWAY SAFETY ASSOCIATION PURPOSE: GENERAL SUPPORT | $79,000 |
WE SAVE LIVES PURPOSE: GENERAL SUPPORT | $60,000 |
FAMILY CAREER AND COMMUNITY LEADERS OF AMERICA PURPOSE: GENERAL SUPPORT | $8,650 |
DETROIT AUTO DEALERS ASSOCIATION EDUCATION FOUNDAITON PURPOSE: GENERAL SUPPORT | $7,000 |
AMERICAN DRIVER & TRAFFIC SAFETY EDUCATION ASSOCIATION PURPOSE: GENERAL SUPPORT | $6,424 |