Montclair Drifters Inc
- Assets
- $44.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montclair, NJ
- Founding
- 09/1988
- Data as of
- 08/2023
- EIN
- 22-2734453
Organization Overview
Montclair Drifters Inc is located in Montclair, NJ. The organization was established in 1988. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montclair Drifters 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, Montclair Drifters Inc generated $11.2k 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 (9.9%) each year. All expenses for the organization totaled $1.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (23.5%) 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
OUR ORGANIZATION RAISED FUNDS THROUGH MEMBERSHIP AND FUNDRAISING TO PROVIDE SCHOLARSHIPS TO STUDENTS WITHIN ESSEX COUNTY, NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Register Vice President | 15 | $0 | |
Stephanie Tonic President | 15 | $0 | |
Angelina Kilane Sims Finan.secretary | 0 | $0 | |
Lori Wood Treasurer | 15 | $0 | |
Cori Abdus Sabur Secretary | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $42,178 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$31,017 |
| Other Revenue | $0 |
| Total Revenue | $11,161 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,896 |
| Total expenses | $1,896 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,117 |
| Other assets | $0 |
| Total assets | $44,117 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,117 |