Pit Foundation Inc is located in Jersey City, NJ. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pit 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 12/2018, Pit Foundation Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $19.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
LIVING EXPENSES, CLOTHING, SCHOOL FEES, TUTORING COSTS AND SCHOOL SUPPLIES WERE PROVIDED FOR EIGHT CHILDREN IN KENYA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Swartz Treasurer | 0 | $0 | |
Melanie Brensinger Chair Person | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,388 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,388 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,662 |
Total expenses | $19,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $977 |
Other assets | $0 |
Total assets | $977 |
Total liabilities | $0 |
Net assets or fund balances | $977 |
Over the last fiscal year, we have identified 1 grants that Pit Foundation Inc has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Lazard Foundation New York, NY PURPOSE: UNRESTRICTED | $100 |
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Vsk Foundation Woodside, NY | $1,033,022 | $6,451,312 |
American Friends Of The Kiev Jewish Community Monsey, NY | $174,348 | $5,759,125 |
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