Martin Luther King Observance Committe
- Assets
- $36.7k
- Revenue
- $36.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 22-3332013
Organization Overview
Martin Luther King Observance Committe is located in Morristown, NJ. The organization was established in 2019. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., 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. Martin Luther King Observance Committe 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 12/2023, Martin Luther King Observance Committe generated $36.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION AWARDED 12 SCHOLARSHIPS TOTALING 28,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hollowell Chairman | 5 | $0 | |
Henry Lee Secretary/tr | 10 | $0 | |
Aida Bush Trustee | 1 | $0 | |
Dorothy Parker Trustee | 1 | $0 | |
Lucretia Agee Trustee | 5 | $0 | |
Jennifer Jones Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,357 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,100 |
| Total Revenue | $36,457 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $3,300 |
| Other expenses | $4,971 |
| Total operating and administrative expenses | $8,897 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $37,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,659 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $36,659 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Martin Luther King Observance Committe has awarded $28,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
VALENCIA JULIEN PURPOSE: EDUCATIONAL PURPOSE | $4,000 |
DESIREE MITCHELL PURPOSE: EDUCATIONAL PURPOSE | $3,000 |
QUINISHA ST AGATHE PURPOSE: EDUCATIONAL PURPOSE | $3,000 |
GIANNA MARSHALL PURPOSE: EDUCATIONAL PURPOSE | $3,000 |
ZOEY BLAGROVE PURPOSE: EDUCATIONAL PURPOSE | $3,000 |
ISIS BOOKHART PURPOSE: EDUCATIONAL PURPOSE | $2,000 |