Nasw Foundation
- Assets
- $5.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Cape May, NJ
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 22-3407964
Organization Overview
Nasw Foundation is located in Cape May, NJ. The organization was established in 1996. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Nasw Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasw Foundation 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 12/2022, Nasw Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $681.8k during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL AVIATION MUSEUM
Describe the Organization's Program Activity:
RESTORATION OF HANGAR 1 INTO AN AVIATION MUSEUM TO DISPLAY HISTORIC AIRCRAFT AND TO EDUCATE THE PUBLIC AS TO THEIR CONTRIBUTIONS INTO HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Salvatore President | OfficerTrustee | 1 | $0 |
Joseph E Salvatore Chairman | OfficerTrustee | 1 | $0 |
Sen Nicholas Asselta Member | Trustee | 1 | $0 |
Tom Camp Member | Trustee | 1 | $0 |
Joseph Cirrinicione Member | Trustee | 1 | $0 |
Jim Krombach Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,849 |
| Related organizations | $0 |
| Government grants | $616,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,014 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $725,847 |
| Total Program Service Revenue | $535,254 |
| Investment income | $11,880 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,264 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $613 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $142,176 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,432,079 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $310,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,232 |
| Payroll taxes | $29,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,693 |
| Fees for services: Accounting | $11,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,495 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,146 |
| Office expenses | $12,498 |
| Information technology | $5,872 |
| Royalties | $0 |
| Occupancy | $36,103 |
| Travel | $1,478 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,068 |
| Insurance | $57,564 |
| All other expenses | $10,049 |
| Total functional expenses | $681,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $155,682 |
| Pledges and grants receivable | $287,058 |
| Accounts receivable, net | $440 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,501 |
| Prepaid expenses and deferred charges | $9,690 |
| Net Land, buildings, and equipment | $2,832,087 |
| Investments—publicly traded securities | $1,404,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,138 |
| Other assets | $584,077 |
| Total assets | $5,372,491 |
| Accounts payable and accrued expenses | $238,246 |
| Grants payable | $0 |
| Deferred revenue | $29,858 |
| 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 | $500 |
| Total liabilities | $268,604 |
| Net assets without donor restrictions | $5,103,887 |
| Net assets with donor restrictions | $0 |
| 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 | $5,372,491 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nasw Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Philos Project Inc New York, NY | $1,194,685 | $1,246,393 |
Adirondack Historical Association Blue Mountain Lake, NY | $85,481,091 | $8,305,125 |