Spring Brook Country Club Foundation Inc is located in Morristown, NJ. The organization was established in 2014. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, 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. Spring Brook Country Club 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, Spring Brook Country Club Foundation Inc generated $57.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $36.2k during the year ending 12/2021. While expenses have increased by 37.4% per year over the past 5 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 2018, Spring Brook Country Club Foundation Inc has awarded 36 individual grants totaling $120,736. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Mcgahan President | 3 | $0 | |
Ann Marie Manahan Treasurer | 3 | $0 | |
Keith Bracci Trustee | 3 | $0 | |
Nancy Bezzone Trustee | 3 | $0 | |
Julia Giordano Trustee | 3 | $0 | |
Gretchen Cotnoir Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $57,000 |
Interest on Savings | $0 |
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 | $57,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,871 |
Total operating and administrative expenses | $4,171 |
Contributions, gifts, grants paid | $32,000 |
Total expenses and disbursements | $36,171 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $34,720 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $34,720 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Over the last fiscal year, Spring Brook Country Club Foundation Inc has awarded $32,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
TRI-COUNTY SCHOLARSHIP FUND PURPOSE: GENERAL SUPPORT | $6,000 |
Morristown, NJ PURPOSE: GENERAL SUPPORT | $3,000 |
Morristown, NJ PURPOSE: GENERAL SUPPORT | $3,000 |
MORRIS EDUCATIONAL FOUNDATION PURPOSE: GENERAL SUPPORT | $3,000 |
New Brunswick, NJ PURPOSE: GENERAL SUPPORT | $3,000 |
Cedar Knolls, NJ PURPOSE: GENERAL SUPPORT | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Constructive Dialogue Institute Inc New York, NY | $2,018,471 | $1,187,467 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Shekel Hakodesh Dsatmar Inc Monroe, NY | $92,066 | $1,180,269 |
Uwvc Foundation Inc New York, NY | $541,216 | $743,045 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
Good Street Inc Teaneck, NJ | $382,189 | $530,702 |
Advocates For Homeless & Those In Need Inc Fairless Hills, PA | $466,442 | $421,506 |
Gateway Demonstration Assistance Corporation Brooklyn, NY | $54,240 | $0 |
New York State Local Government Services Corporation Albany, NY | $2,522,500 | $0 |
Ims Foundation Brooklyn, NY | $12,335 | $250,000 |
Storm The Heavens Fund Philadelphia, PA | $174,538 | $0 |