Diabetes Foundation Inc
- Assets
- $2.5m
- Revenue
- $1.6m
- Investments
- $24.7k
- Employees
- 11
- Location
- Hackensack, NJ
- Founding
- 07/1998
- Data as of
- 06/2022
- EIN
- 22-3551926
Organization Overview
Diabetes Foundation Inc is located in Hackensack, NJ. The organization was established in 1998. As of 06/2022, Diabetes Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diabetes Foundation Inc 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, Diabetes Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 10.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SINCE 1990, THE DIABETES FOUNDATION HAS BEEN EMPOWERING INDIVIDUALS STRUGGLING WITH PREDIABETES, TYPE1, TYPE2 OR GESTATIONAL DIABETES. BY PROVIDING ACCESS TO CRITICAL RESOURCES AND MEDICATION NECESSARY TO REMAIN HEALTHY, DIABETES FOUNDATION IS A SAFETY NET FOR NEW JERSEY RESIDENTS IN NEED. OUR UNIQUE PROGRAM SERVICES CHILDREN, PARENTS, ADULTS AND CAREGIVERS REGARDLESS OF INCOME OR HEALTHCARE COVERAGE. OUR GOAL IS TO MAKE IT EASIER FOR THOSE IMPACTED TO BUILD A PERSONAL HEALTHCARE PLAN. SUPPORT MAY INCLUDE A SHORT-TERM SUPPLY OF MEDICATION. THE GENEROUS SUPPORT AND FUNDING FROM PATRONS AND SPONSORS ALLOWS THE DIABETES FOUNDATION TO OFFER THIS FREE SERVICE TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DF'S MEDICATION ASSISTANCE PROGRAM HAS BEEN PROVIDING A SHORT-TERM SUPPLY OF DIABETES MEDICATION AND SUPPLIES FOR PEOPLE WHO ARE STRUGGLING WITH INSURANCE OR IN FINANCIAL DISTRESS FOR OVER 30 YEARS. IN ADDITION TO THIS TANGIBLE SUPPORT WE ADDITIONALLY COACH PARTICIPANTS TO GAIN BETTER CONTROL OF THEIR HEALTH BY ACCESSING A LONG-TERM MEDICATION SOLUTION AS WELL AS LEARNING HOW TO BETTER CONTROL THEIR BLOOD SUGAR.
THE DF'S ONE-TO-ONE GUIDANCE PROGRAM SUPPORTS AND ENCOURAGES PARTICIPANTS TO OBTAIN BETTER DAILY MANAGEMENT OF THEIR BLOOD SUGAR BY HELPING TO IDENTIFY AFFORDABLE, AVAILABLE LONG-TERM SOLUTIONS TO CARE FOR AND MANAGE LIVING WITH DIABETES. THE AVERAGE LENGTH OF TIME PARTICIPANTS USE THIS SERVICE IS SIX MONTHS.
DF'S ACCREDITED EDUCATION PROGRAM PROVIDES EIGHT HOURS OF DIABETES SELF-MANAGEMENT EDUCATION AND SUPPORT (DSMES) TO THE PUBLIC AS WELL AS HEALTHCARE PROVIDERS. THE WORKSHOP COVERS MEDICATION MANAGEMENT, UNDERSTANDING DIABETES, REDUCING RISK, HEALTHY EATING, UNDERSTANDING ACTIVITY, PROBLEM SOLVING AND MONITORING. THE DIABETES FOUNDATION'S PROGRAM IS ACCREDITED BY THE ASSOCIATION OF DIABETES CARE AND EDUCATION SPECIALISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginine Cilenti Executive Director | Officer | 40 | $122,184 |
Samuel C Fusco Jr Chairman | OfficerTrustee | 1 | $0 |
Edmund Mccann ESQ President | OfficerTrustee | 1 | $0 |
Janetlee Pillitteri Vice President | OfficerTrustee | 1 | $0 |
Stan Glezer Executive Vice President | OfficerTrustee | 1 | $0 |
Frank Roberts Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,724 |
| Related organizations | $0 |
| Government grants | $126,155 |
| All other contributions, gifts, grants, and similar amounts not included above | $840,558 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,005,437 |
| Total Program Service Revenue | $0 |
| Investment income | $57,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $534,373 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,601,048 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $182,295 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,684 |
| Compensation of current officers, directors, key employees. | $19,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,105 |
| Payroll taxes | $45,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $113,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,081 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,367 |
| Office expenses | $12,331 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,922 |
| Travel | $3,604 |
| 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 | $7,054 |
| Insurance | $0 |
| All other expenses | $47,939 |
| Total functional expenses | $1,338,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $256,418 |
| Pledges and grants receivable | $47,987 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,100 |
| Net Land, buildings, and equipment | $4,254 |
| Investments—publicly traded securities | $2,179,787 |
| Investments—other securities | $24,653 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,952 |
| Total assets | $2,532,151 |
| Accounts payable and accrued expenses | $324,264 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $324,264 |
| Net assets without donor restrictions | $2,207,887 |
| 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 | $2,532,151 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Diabetes Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Nannette Empey Bryan Foundation Inc Fairfield, NJ PURPOSE: SUSTAINING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The National Hemophilia Foundation New York, NY | $46,786,068 | $26,439,522 |
Winifred Masterson Burke Medical Research White Plains, NY | $9,563,124 | $17,375,898 |
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Tri-Institutional Therapeutics Discovery Institute Inc New York, NY | $5,819,394 | $16,905,997 |
American College Of Gastroenterology Inc Bethesda, MD | $294,139,585 | $33,197,457 |
Community Partners In Action Inc Hartford, CT | $16,042,672 | $16,238,720 |
South Shore Health Express Inc South Weymouth, MA | $32,089,469 | $12,224,356 |
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn New York, NY | $40,802,431 | $10,021,313 |
Baim Institute For Clinical Research Inc Boston, MA | $19,935,879 | $17,724,993 |
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ | $8,265,891 | $16,839,665 |
Coalition Of Cancer Cooperative Groups Philadelphia, PA | $21,235,863 | $14,701,631 |
The International Academy Of Hope New York, NY | $21,778,473 | $17,024,094 |