Martin Luther King Observance Committe
- Assets
- $22.2k
- Revenue
- $24.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 04/2019
- Data as of
- 12/2021
- 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 12/2021, Martin Luther King Observance Committe generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.1%) per year over the past 2 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hollowell Chairman | 1 | $0 | |
Henry Lee Secretary/tr | 4 | $0 | |
Aida Bush Trustee | 1 | $0 | |
Diane Brown Blair Trustee | 1 | $0 | |
Felicia Jamison Chair Emerit | 1 | $0 | |
Dorothy Parker Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,236 |
| 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 | $14,255 |
| Total Revenue | $24,491 |
| 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 | $425 |
| Other expenses | $2,574 |
| Total operating and administrative expenses | $3,030 |
| Contributions, gifts, grants paid | $14,500 |
| Total expenses and disbursements | $17,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,156 |
| 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 | $22,156 |
| 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 $14,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MONIQUE WHITFIELD PURPOSE: EDUCATION PURPOSE | $2,500 |
EMILY SMITH PURPOSE: EDUCATION PURPOSES | $2,500 |
ALIA MASUD PURPOSE: EDUCATION PURPOSE | $2,500 |
BRYAN BARTNICK PURPOSE: EDUCATION PURPOSE | $1,000 |
JORDAN PRINCE PURPOSE: EDUCATION PURPOSE | $1,000 |
CASEY MARIE HASSON PURPOSE: EDUCATION PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Integrity First For America New York, NY | $2,075,766 | $5,017,665 |
Help From People To People Inc Nanuet, NY | $1,944,472 | $3,899,903 |
Firelight Media Inc New York, NY | $9,388,103 | $5,054,390 |
United For Respect Brooklyn, NY | $4,038,584 | $3,853,685 |
Womens Link Worldwide Inc New York, NY | $4,045,592 | $4,013,798 |
Glens Falls Independent Living Center Inc Queensbury, NY | $1,771,208 | $2,750,058 |
We Are All Human Foundation New York, NY | $644,546 | $2,024,063 |
Standardbred Retirement Foundation Inc Cream Ridge, NJ | $1,981,590 | $2,207,538 |
Coro New York Leadership Center New York, NY | $1,264,232 | $1,726,368 |
African American Policy Forum New York, NY | $12,869,298 | $11,508,614 |
Fair Housing Justice Center Inc Long Island City, NY | $3,309,481 | $3,405,686 |