Cinque Foundation Inc is located in Fair Lawn, NJ. The organization was established in 2008. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cinque 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 06/2022, Cinque Foundation Inc generated $26.9k 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 (3.7%) each year. All expenses for the organization totaled $25.6k during the year ending 06/2022. 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
TO CREATE, FORM AND ESTABLISH A PRIVATE FOUNDATION TO PROMOTE, FURTHER AND SUPPORT SELECTED CHARITABLE ACTIVITIES THROUGH GRANTS, FUNDING AND FINANCIAL ASSISTANCE TO VARIOUS INDIVIDUALS, INSTITUTIONS AND ORGANIZATIONS. THE FUNDS WILL BE USED FOR CHARITABLE, SCIENTIFIC AND BENEVOLENT PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED A GRANT OF $10,000 TO THE ALS ASSOCIATION GREATER NEW YORK CHAPTER TO FURTHER RESEARCH AND AWARENESS OF ALS. IN ADDITION TO AIDING RESEARCH EFFORTS FOR ALS, THE FOUNDATION ALSO PROVIDED GRANTS TO THE COMMUNITY FOOD BANK OF NJ AND EVA'S KITCHEN TO COMBAT HUNGER AND POVERTY IN THE AMOUNTS OF $10,000 AND $5,000, RESPECTIVELY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Salvatore Bulone Director, Treasurer | OfficerTrustee | 0 | $0 |
Marc Cinque Director, President | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,850 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,850 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $26,850 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $595 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $25,595 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,167 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,167 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $6,167 |
Total liabilities and net assets/fund balances | $6,167 |
Over the last fiscal year, Cinque Foundation Inc has awarded $20,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: TO FURTHER THE SUPPORT OF THE ORGANIZATION FOR THE CURE OF ALS | $10,000 |
Hillside, NJ PURPOSE: TO SUPPORT THE FIGHT AGAINST HUNGER AND POVERTY | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Association For Frontotemporal Degeneration King Of Prussia, PA | $44,796,969 | $12,057,958 |
Childrens Oncology Group Foundation Philadelphia, PA | $22,837,173 | $7,487,855 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
Fox Chase Cancer Center Foundation Philadelphia, PA | $63,333,365 | $6,307,847 |
American Foundation For Children With Aids Inc Harrisburg, PA | $518,393 | $1,638,509 |
The Naspghan Foundation Ambler, PA | $6,522,780 | $1,880,637 |
Solving Kids Cancer Inc New York, NY | $2,774,299 | $676,733 |
The Pink Agenda Inc New York, NY | $1,020,239 | $1,086,406 |
Colon Cancer Challenge Foundation Port Chester, NY | $96,709 | $647,142 |
Hereditary Neuropathy Foundation Inc New York City, NY | $1,295,654 | $637,088 |
Kidney Cancer Coalition Inc Philadelphia, PA | $1,227,198 | $1,038,387 |