Southern Ocean County Community Foundation Inc
- Assets
- $146.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manahawkin, NJ
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 27-1578861
Organization Overview
Southern Ocean County Community Foundation Inc is located in Manahawkin, NJ. The organization was established in 2011. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Ocean County Community 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 12/2022, Southern Ocean County Community Foundation Inc generated $116.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $105.0k during the year ending 12/2022. While expenses have increased by 0.1% 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.
Since 2020, Southern Ocean County Community Foundation Inc has awarded 16 individual grants totaling $297,120. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HOSTING OF FUNDRAISING EVENTS TO RAISE FUNDS FOR FOOD PANTRIES IN SOUTHERN OCEAN COUNTY NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Schwab President | 3 | $0 | |
Skye Gibson Vice President | 3 | $0 | |
Sarah Ott Secretary | 2 | $0 | |
Jeremy Defilippis Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,396 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,689 |
| Other Revenue | $0 |
| Total Revenue | $116,135 |
| 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 | $4,522 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,569 |
| Other expenses | $4,160 |
| Total expenses | $105,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,624 |
| Other assets | $0 |
| Total assets | $146,624 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,624 |
Grants Awarded
Over the last fiscal year, Southern Ocean County Community Foundation Inc has awarded $168,320 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST FRANCIS CTR FOOD PANTRY PURPOSE: FOOD | $21,160 |
BARNEGAT FOOD PANTRY PURPOSE: FOOD | $21,000 |
ST STEPHENS EPISCOPAL CHURCH PURPOSE: FOOD | $21,000 |
LACEY FOOD BANK PURPOSE: FOOD | $21,000 |
OCEAN COMMUN CHURCH FOOD MINISTRY PURPOSE: FOOD | $21,160 |
KEN'S KITCHEN AT ST MARY'S PURPOSE: FOOD | $21,000 |