Gift Of Life Inc Of New Jersey is located in Morris Plains, NJ. The organization was established in 1986. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gift Of Life Inc Of New Jersey 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 06/2023, Gift Of Life Inc Of New Jersey generated $85.1k 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 (10.0%) each year. All expenses for the organization totaled $102.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES CORRECTIVE OPEN HEART SURGERY FOR CHILDREN WITH CONGENITAL HEART DEFECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Beni Treasurer | 5 | $0 | |
James Allison President | 3 | $0 | |
Susan Allison Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $85,549 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$400 |
Other Revenue | $0 |
Total Revenue | $85,149 |
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 | $9,477 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $93,389 |
Total expenses | $102,866 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $261,598 |
Other assets | $0 |
Total assets | $261,598 |
Total liabilities | $0 |
Net assets or fund balances | $261,598 |