Eclc Foundation A New Jersey Non Profit Corporation
- Assets
- $4.8m
- Revenue
- $479.4k
- Investments
- $0.0
- Employees
- 61
- Location
- Chatham, NJ
- Founding
- 03/1994
- Data as of
- 06/2022
- EIN
- 22-3280013
Organization Overview
Eclc Foundation A New Jersey Non Profit Corporation is located in Chatham, NJ. The organization was established in 1994. 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. As of 06/2022, Eclc Foundation A New Jersey Non Profit Corporation employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eclc Foundation A New Jersey Non Profit Corporation 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 06/2022, Eclc Foundation A New Jersey Non Profit Corporation generated $479.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $500.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION EXISTS TO HELP FOSTER EDUCATIONAL AND CHARITABLE PURPOSES OF ECLC OF NEW JERSEY, INC., COMMUNITY PERSONNEL SERVICES, INC., AND ECLC OF NEW JERSEY PRIDE DAY PROGRAM, A NEW JERSEY NONPROFIT CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP FOSTER EDUCATIONAL AND CHARITABLE PURPOSES OF ECLC OF NEW JERSEY, INC., COMMUNITY PERSONNEL SERVICES, INC., AND ECLC OF NEW JERSEY PRIDE DAY PROGRAM, A NEW JERSEY NONPROFIT CORPORATION. ADDITIONALLY, THE ORGANIZATION PROVIDES SCHOLARSHIPS, AFTER-SCHOOL PROGRAMMING, ADULT WEEKEND PROGRAMS AND ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Earle CFO | Officer | 2.5 | $13,307 |
Peter Petrou Executive Dir. | Officer | 0.3 | $17,790 |
Vicki Lindorff Principal | 37.5 | $11,304 | |
Mary Rooney Occup. Therapist | 31.7 | $180 | |
Judith Mcgrath Teacher | 1 | $2,343 | |
Kathryn V Hatfield Trustee | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $404,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,720 |
| Total Program Service Revenue | $0 |
| Investment income | $42,589 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,102 |
| Net Income from Fundraising Events | $41,202 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $479,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,610 |
| Compensation of current officers, directors, key employees. | $7,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $220,099 |
| Pension plan accruals and contributions | $7,625 |
| Other employee benefits | $30,670 |
| Payroll taxes | $16,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,366 |
| Advertising and promotion | $503 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,295 |
| Interest | $0 |
| Payments to affiliates | $67,366 |
| Depreciation, depletion, and amortization | $2,156 |
| Insurance | $0 |
| All other expenses | $2,959 |
| Total functional expenses | $500,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,670 |
| Savings and temporary cash investments | $2,073,458 |
| Pledges and grants receivable | $1,300 |
| Accounts receivable, net | $60,736 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,118 |
| Prepaid expenses and deferred charges | $4,109 |
| Net Land, buildings, and equipment | $3,233 |
| Investments—publicly traded securities | $2,280,256 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,760,880 |
| Accounts payable and accrued expenses | $40,291 |
| Grants payable | $0 |
| Deferred revenue | $7,717 |
| 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 | $67,878 |
| Total liabilities | $115,886 |
| Net assets without donor restrictions | $2,413,914 |
| Net assets with donor restrictions | $2,231,080 |
| 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 | $4,760,880 |