Conserve To Preserve Foundation Inc
- Assets
- $266.6k
- Revenue
- $734.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Wall, NJ
- Founding
- 01/2011
- Data as of
- 09/2023
- EIN
- 26-3424915
Organization Overview
Conserve To Preserve Foundation Inc is located in Wall, NJ. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conserve To Preserve 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 09/2023, Conserve To Preserve Foundation Inc generated $734.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $723.7k during the year ending 09/2023. While expenses have increased by 1.5% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES PAYMENTS TO ENTITIES TO PROMOTE ENERGY CONSERVATION AND PRACTICAL TECHNIQUES TO ACHIEVE IT.- PROVIDED FUNDING TO A STATEWIDE NPOS THAT SUPPORT NEARLY 1,600 GREEN TEAMS AT MUNICIPALITIES AND SCHOOLS ACROSS THE STATE.- CONDUCTED SEVERAL SCHOOL-BASED ENERGY CONSERVATION CONTESTS THAT AWARDED PRIZES TO STUDENTS, TEACHERS, AND SCHOOLS.-SUPPORTED NATIONAL NPOS THAT ARE CONDUCTING RESEARCH INTO NEW ENERGY-EFFICIENT TECHNOLOGIES AND EXPLORING NEW APPROACHES TO REACH UNDERSERVED MARKETS.- WORKED WITH MORE THAN A DOZEN NPOS, STATEWIDE ASSOCIATIONS, AND LOCAL MUNICIPALITIES TO HELP EDUCATE AND ENGAGE MORE CUSTOMERS. - WORKED WITH A NATIONAL ORGANIZATION TO DELIVER A BEHAVIOR-BASED ENERGY CONSERVATION/EDUCATION CURRICULUM TO MORE THAN 35 SCHOOLS IN MONMOUTH, OCEAN, AND MORRIS COUNTY.- PROVIDED PRIZES TO DRAW ATTENTION TO ENERGY CONSERVATION EFFORTS AT COMMUNITY AND BUSINESS OUTREACH EVENTS AND SUPPORTED OTHER TECHNICAL RESOURCES THAT HELP EDUCATE CUSTOMERS TO USE L
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen D Westhoven Chairman, President & CEO | 0.1 | $0 | |
Roberto Bel SVP & Cfo, Trustee | 0.1 | $0 | |
Richard Reich SVP & General Counsel, Trustee | 0.1 | $0 | |
Patrick Migliaccio Svp, Trustee | 0.1 | $0 | |
Lori Delgiudice Svp, Trustee Start 5/23 | 0.1 | $0 | |
Mark Kahrer Svp, Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $718,000 |
| Interest on Savings | $16,053 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $734,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $269 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $669,726 |
| Total operating and administrative expenses | $703,445 |
| Contributions, gifts, grants paid | $20,300 |
| Total expenses and disbursements | $723,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,711 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $29,495 |
| Prepaid expenses and deferred charges | $193,388 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $266,594 |
| Accounts payable and accrued expenses | $34,225 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $34,225 |
Grants Awarded
Over the last fiscal year, Conserve To Preserve Foundation Inc has awarded $20,300 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
MATT WILLIAMS PURPOSE: ENERGY CONSERVATION PRIZE | $1,000 |
CATHERINE MAZZUCCHELLI PURPOSE: ENERGY CONSERVATION PRIZE | $1,500 |
MARGARET MAUTE PURPOSE: ENERGY CONSERVATION PRIZE | $1,500 |
JOANNA PIERCE PURPOSE: ENERGY CONSERVATION PRIZE | $1,500 |
ANTHONY AND EILEEN FEA PURPOSE: ENERGY CONSERVATION PRIZE | $500 |
CAROLE FEUREY PURPOSE: ENERGY CONSERVATION PRIZE | $100 |