Njac Foundation Inc is located in Trenton, NJ. The organization was established in 1999. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Njac 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 12/2021, Njac Foundation Inc generated $55.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $49.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL PROGRAMS AND PUBLICATIONS TONEW JERSEY'S EDUCATION, SOCIAL, BUSINESS AND GOVERNMENTALPOPULATION ABOUT THE NEED FOR AND FUNCTIONS OF COUNTY GOVERNMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
M Claire French Secretary-Treasurer | 1 | $0 | |
Heather Simmons President | 1 | $0 | |
John G Donnadio ESQ Executive Director | 20 | $0 | |
Arthur Sypek Jr Vice President | 1 | $0 | |
Brian M Hughes Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $48,750 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,372 |
Total Revenue | $55,122 |
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 | $800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $12 |
Other expenses | $0 |
Total expenses | $49,112 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,804 |
Other assets | $0 |
Total assets | $46,804 |
Total liabilities | $10,000 |
Net assets or fund balances | $36,804 |
Over the last fiscal year, we have identified 1 grants that Njac Foundation Inc has recieved totaling $10,500.
Awarding Organization | Amount |
---|---|
Roma Bank Community Foundation Inc Short Hills, NJ PURPOSE: GENERAL PURPOSE | $10,500 |
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