Half Measures Inc
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Farmingdale, NJ
- Founding
- 06/2000
- Data as of
- 12/2017
- EIN
- 22-3711773
Organization Overview
Half Measures Inc is located in Farmingdale, NJ. The organization was established in 2000. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2017, Half Measures Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Half Measures 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 12/2017, Half Measures Inc generated $113.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $114.3k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
OVERSIGHT OF 3 HOUSES FOR RECOVERING ADDICTS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $113,263 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,263 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $103,999 |
| Salaries, other compensation, and employee benefits | $7,452 |
| Professional fees and other payments to independent contractors | $1,421 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,400 |
| Total expenses | $114,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,446 |
| Other assets | $0 |
| Total assets | $33,096 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,096 |
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Lantern Community Services Inc New York, NY | $8,603,902 | $30,172,757 |
Pathstone Corporation Rochester, NY | $88,645,469 | $21,347,590 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Services For The Underserved Inc New York, NY | $8,662,192 | $15,624,121 |
Hudson River Housing Poughkeepsie, NY | $27,296,400 | $16,670,773 |
Division Housing Corporation Brooklyn, NY | $37,066,960 | $16,618,579 |
Affordable Housing Alliance Inc Neptune, NJ | $23,008,220 | $15,041,931 |
New Community Corporation Newark, NJ | $92,222,632 | $16,838,314 |