The Cheerful Giver Company
- Assets
- $28.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bayonne, NJ
- Founding
- 03/2014
- Data as of
- 12/2019
- EIN
- 46-0856586
Organization Overview
The Cheerful Giver Company is located in Bayonne, NJ. The organization was established in 2014. According to its NTEE Classification (T31) the organization is classified as: Community 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. Cheerful Giver Company 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 12/2019, Cheerful Giver Company generated $30.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $30.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
BIBLE BAPTIST CHURCH TOY DISTRIBUTION DECEMBER 14, 2019 (LOCAL IN US)NUMBER OF CLIENTS SERVED = 83 (IT IS MORE AS TOYS DISTRIBUTED WERE ONLY SIGNED FOR BY ONE BUT IN THEIR FAMILY, IT WAS DISTRIBUTED TO THE SIBLINGS AND OTHER CHILDREN).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rolando Punongbayan President & CEO | 10 | $0 | |
Maria Luisa B Punongbayan Treasurer | 2 | $0 | |
Richard Punongbayan VP Ext. Affairs | 2 | $0 | |
Michaela Punongbayan Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,865 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17,243 |
| Other expenses | $12,945 |
| Total expenses | $30,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $519 |
| Other assets | $0 |
| Total assets | $28,475 |
| Total liabilities | $21,508 |
| Net assets or fund balances | $6,967 |