N J State Fmba Foundation Inc
- Assets
- $151.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rahway, NJ
- Founding
- 08/1998
- EIN
- 22-3596208
Organization Overview
N J State Fmba Foundation Inc is located in Rahway, NJ. The organization was established in 1998. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. N J State Fmba 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 undefined, N J State Fmba Foundation Inc generated $121.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $68.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS FORMED FOR THE SOLE PURPOSE OF HAVING OTHER WORTHY ORGANIZATIONS OR INDIVIDUALS BENEFIT FROM BOTH CHARITABLE FINANCIAL ASSISTANCE AND DONATIONS OF MEMBERS' TIME AND EFFORT REGARDLESS OF RACE, RELIGION OR GENDER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwin Donnelly President | 2 | $0 | |
Richard Myers Secretary | 1 | $0 | |
Wayne Wolk Vice President | 1 | $0 | |
Robert Clark Trustee | 0.5 | $0 | |
Ken Newman Trustee | 0.5 | $0 | |
William Pellettiere Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,061 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $689 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$47,622 |
| Other Revenue | $0 |
| Total Revenue | $121,128 |
| Statement of Expenses | |
|---|---|
| Total expenses | $68,326 |
| Balance Sheet | |
|---|---|
| Total assets | $151,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,768 |
Grants Awarded
Over the last fiscal year, N J State Fmba Foundation Inc has awarded $69,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Oceanport, NJ PURPOSE: CHARITABLE CONTRIBUTION | $22,000 |
Oceanport, NJ PURPOSE: CHARITABLE CONTRIBUTION | $22,000 |
Madisonville, TX PURPOSE: CHARITABLE CONTRIBUTION | $12,500 |
Madisonville, TX PURPOSE: CHARITABLE CONTRIBUTION | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that N J State Fmba Foundation Inc has recieved totaling $1,445.
| Awarding Organization | Amount |
|---|---|
Kean Foundation Inc Parsippany, NJ PURPOSE: UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $445 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Research Collections And Preservation Consortium Inc Princeton, NJ | $56,454,726 | $4,069,858 |
Mccarton Foundation For Developmental Disabilities Inc Bronx, NY | $2,852,729 | $6,603,484 |
Prospect Schools Inc Brooklyn, NY | $3,261,917 | $6,213,918 |