Greater Alliance Hopes & Dreams Foundation For Children Inc
- Assets
- $256.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paramus, NJ
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 20-1970767
Organization Overview
Greater Alliance Hopes & Dreams Foundation For Children Inc is located in Paramus, NJ. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Alliance Hopes & Dreams Foundation For Children 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 12/2022, Greater Alliance Hopes & Dreams Foundation For Children Inc generated $22.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $9.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.4%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DONATED TO VARIOUS CHARITIES INACCORDANCE WITH THEIR MISSION STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Guinto Director | 3 | $0 | |
Anhtony Palumbo Director | 3 | $0 | |
Lawrence Inserra III Chairman | 4 | $0 | |
Dan Recht Director | 3 | $0 | |
Richard Vega Director | 1 | $0 | |
Ana Suarez Diretor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $704 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,058 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,404 |
| Other Revenue | $0 |
| Total Revenue | $22,166 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,138 |
| Total expenses | $9,588 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $256,697 |
| Other assets | $0 |
| Total assets | $256,697 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Alliance Hopes & Dreams Foundation For Children Inc has recieved totaling $310.
| Awarding Organization | Amount |
|---|---|
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $310 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Nicholas J And Anna K Bouras Summit, NJ | $115,819,881 | $10,500,209 |