Thursday Morning Club Inc
- Assets
- $2.6m
- Revenue
- $723.0k
- Investments
- $0.0
- Employees
- 20
- Location
- Madison, NJ
- Founding
- 03/1927
- Data as of
- 04/2022
- EIN
- 22-6033906
Organization Overview
Thursday Morning Club Inc is located in Madison, NJ. The organization was established in 1927. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 04/2022, Thursday Morning Club Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thursday Morning Club 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 04/2022, Thursday Morning Club Inc generated $723.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $899.6k during the year ending 04/2022. While expenses have increased by 2.6% 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 THE INCEPTION THE MISSION OF THE THURSDAY MORNING CLUB HAS BEEN TO SERVE MADISON AND THE SURROUNDING COMMUNITIES BY UNDERTAKING AND OFFERING PROGRESSIVE PROGRAMS FOR THE PERSONAL ENRICHMENT AND GENERAL WELL BEING OF CITIZENS AND MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND FAMILY SERVICES, OTHER COMMUNITY ORIENTED EVENTS - HOSPITALITY, JUNIOR AND SENIOR SERVICES, HOLIDAY EVENTS AND OTHER PROGRAMS IN THE PUBLIC INTEREST.
COMMUNITY SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Lawless 2nd VP | Trustee | 2 | $0 |
Julie Trapp Operations C | Trustee | 2 | $0 |
Betty Landi 1st VP | Trustee | 2 | $0 |
Connie Rostiac Asst Treasur | Trustee | 2 | $0 |
Peach Bolton Corres Secy | Trustee | 2 | $0 |
Karen Jeisi Programs Chm | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,780 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,313 |
| Total Program Service Revenue | $558,658 |
| Investment income | $25,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $723,043 |
| 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 | $410,633 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,797 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $37,721 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $143,829 |
| Insurance | $30,661 |
| All other expenses | $34,171 |
| Total functional expenses | $899,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,835 |
| 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 | $2,663 |
| Net Land, buildings, and equipment | $980,866 |
| Investments—publicly traded securities | $1,357,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,585 |
| Total assets | $2,636,549 |
| Accounts payable and accrued expenses | $13,698 |
| Grants payable | $0 |
| Deferred revenue | $63,194 |
| 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 | $2,731 |
| Total liabilities | $79,623 |
| Net assets without donor restrictions | $2,419,638 |
| Net assets with donor restrictions | $137,288 |
| 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 | $2,636,549 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Thursday Morning Club Inc has recieved totaling $21,163.
| Awarding Organization | Amount |
|---|---|
Hyde And Watson Foundation Warren Township, NJ PURPOSE: PURCHASE AND INSTALLATION OF SECURITY EQUIPMENT. | $20,000 |
Charles L Read Foundation Bayshore, NY PURPOSE: PURCHASE OF CAPITAL ITEMS | $1,000 |
Kubale Family Foundation Seattle, WA PURPOSE: GENERAL | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Henry Street Settlement New York, NY | $75,269,061 | $50,430,824 |
University Settlement Society Of New York New York, NY | $42,233,481 | $34,399,388 |
Goddard Riverside Community Center New York, NY | $111,250,602 | $29,382,922 |
Jewish Community Center Of Staten Island Inc Staten Island, NY | $42,297,194 | $36,175,082 |
Queens Community House Inc Forest Hills, NY | $24,373,474 | $31,964,067 |
The Jewish Community Center In Manhattan Inc New York, NY | $112,890,259 | $24,957,738 |
Serge Global Inc Jenkintown, PA | $13,758,425 | $26,122,541 |
Lenox Hill Neighborhood House Inc New York, NY | $47,590,223 | $25,360,828 |
Greenwich House Inc New York, NY | $11,549,979 | $15,122,608 |
Bethesda Mission Of Harrisburg Harrisburg, PA | $19,345,842 | $17,253,312 |
Neighborhood Center Inc Utica, NY | $17,931,948 | $14,494,044 |
Sid Jacobson Jewish Community Center Inc East Hills, NY | $29,307,935 | $11,557,836 |