Sherwood Foundation Inc
- Assets
- $271.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watchung, NJ
- Founding
- 07/2001
- Data as of
- 03/2022
- EIN
- 22-3741269
Organization Overview
Sherwood Foundation Inc is located in Watchung, NJ. The organization was established in 2001. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sherwood 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 03/2022, Sherwood Foundation Inc generated $184.0 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 (73.4%) each year. All expenses for the organization totaled $28.4k during the year ending 03/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SUPPORTED OTHER NON-PROFITS IN PROVIDING HEALTH CARE AND EDUCATION TO THE NEEDY IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Del Mauro Trustee | 0 | $0 | |
Michael J Del Mauro Trustee | 0 | $0 | |
Richard Carlson Trustee | 0 | $0 | |
Ronald Del Mauro President | 4 | $0 | |
Randolph L Messina Trustee | 0 | $0 | |
Margaret Del Mauro Treasurer/secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60 |
| Total expenses | $28,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,107 |
| Other assets | $0 |
| Total assets | $271,107 |
| Total liabilities | $0 |
| Net assets or fund balances | $271,107 |
Grants Awarded
Over the last fiscal year, Sherwood Foundation Inc has awarded $56,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST BENEDICT'S PREP PURPOSE: TO SUPPORT EDUCATIONAL NEEDS OF YOUNG MEN IN NEWARK, NJ. | $30,000 |
Brookside, NJ PURPOSE: TO SUPPORT COMPASSIONATE HEALTH CARE EXCELLENCE AND SUPERIOR SERVICE. | $25,000 |
JOHN JAY BOOSTERS PURPOSE: TO SUPPORT THE KATONAH-LEWISBORO SCHOOL DISTRICT'S ATHLETIC PROGRAMS AND STUDENTSTO SUPPORT THE KATONAH-LEWISBORO SCHOOL DISTRICTS ATHLETIC PROGRAMS AND STUDENTS. | $1,000 |
Brookside, NJ PURPOSE: TO SUPPORT CHARITABLE ORGANIZATIONS THAT BENEFIT CHILDREN WITH SPECIAL NEEDS | $500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sherwood Foundation Inc has recieved totaling $148.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $148 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Snider Youth Hockey Foundation Philadelphia, PA | $28,385,883 | $5,044,142 |
National Winter Activity Center Vernon, NJ | $30,166,065 | $8,884,152 |
Ed Snider Youth Hockey Supporting Organization Inc Sewell, NJ | $183,525,693 | $6,765,811 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
New Jersey Colonials Hockey Association Inc Florham Park, NJ | $1,895,849 | $3,700,538 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Pittsburgh Penguins Elite Amateur Hockey Pittsburgh, PA | $526,946 | $2,570,843 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |
Gulls Amateur Hockey Association Jericho, NY | $477,735 | $2,164,443 |
New York State Snowmobile Association Inc Central Square, NY | $508,212 | $1,746,817 |