Police Athletic League Of Summit N J
- Assets
- $65.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 03/1995
- Data as of
- 08/2024
- EIN
- 22-3297529
Organization Overview
Police Athletic League Of Summit N J is located in Summit, NJ. The organization was established in 1995. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Police Athletic League Of Summit N J 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 08/2024, Police Athletic League Of Summit N J generated $49.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $42.7k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
SPONSORED THE FOLLOWING EVENTS AND ACTIVITIES FOR THE CHILDREN OF SUMMIT, NJ; EASTER EGG HUNT, HALLOWEEN PARADE, PET SHOW, CAR SHOW, ETC. IN ADDITION SCHOLARSHIPS ARE GIVEN TO SUMMIT HIGH SCHOOL STUDENTS EVERY YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fosgate Treasurer | 3 | $0 | |
Stacy Donck President | 3 | $0 | |
Thomas Rende Board Member | 1 | $0 | |
Phil Vehap Board Member | 1 | $0 | |
Doug St Amant Board Member | 1 | $0 | |
Scott Henry Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,374 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,546 |
| Other Revenue | $0 |
| Total Revenue | $49,693 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,302 |
| Other expenses | $26,913 |
| Total expenses | $42,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,586 |
| Other assets | $0 |
| Total assets | $65,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,586 |