German Cultural Society Inc
- Assets
- $254.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saddle River, NJ
- Founding
- 08/1980
- Data as of
- 08/2023
- EIN
- 22-2174397
Organization Overview
German Cultural Society Inc is located in Saddle River, NJ. The organization was established in 1980. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. German Cultural Society 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 08/2023, German Cultural Society Inc generated $152.9k 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 (5.1%) each year. All expenses for the organization totaled $171.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PAYROLL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Ziegler President | 2 | $0 | |
Bruce W Borkowski Treasurer | 4 | $0 | |
Andreas Rochlitz First Vice President | 2 | $0 | |
Kathleen Broderick Corresponding Secy | 2 | $0 | |
Fred Donegan Trustee | 2 | $0 | |
Rainer Martini Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,971 |
| Total Program Service Revenue | $132,896 |
| Membership dues | $0 |
| Investment income | $2,017 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,884 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,686 |
| Professional fees and other payments to independent contractors | $12,460 |
| Occupancy, rent, utilities, and maintenance | $34,760 |
| Printing, publications, postage, and shipping | $8,239 |
| Other expenses | $21,840 |
| Total expenses | $170,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $251,775 |
| Other assets | $0 |
| Total assets | $254,629 |
| Total liabilities | $66,415 |
| Net assets or fund balances | $188,214 |