Youth Foundation Of Jersey City Inc
- Assets
- $82.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jersey City, NJ
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 46-1389661
Organization Overview
Youth Foundation Of Jersey City Inc is located in Jersey City, NJ. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Foundation Of Jersey City 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 12/2023, Youth Foundation Of Jersey City Inc generated $136.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $146.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING SUMMER PROGRAMS FOR STUDENTS OF JERSEY CITY AND THE DISTRIBUTION OF LAPTOP COMPUTERS TO HELP ENSURE EVERY YOUTH IN JERSEY CITY SHOULD HAVE ACCESS TO HIGH QUALITY EDUCATIONAL, RECREATIONAL, CULTURAL AND COMMUNITY ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Silverman Chairman | 0.5 | $0 | |
Veronica Park Co-Chair | 0.5 | $0 | |
Rene Gonzalez Treasurer | 0.5 | $0 | |
Bertram Okpokwasili Trustee | 0.5 | $0 | |
Jesse Sherwood Trustee | 0.5 | $0 | |
Robyn Grodner Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,387 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,088 |
| Other Revenue | $0 |
| Total Revenue | $136,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,461 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $16,803 |
| Other expenses | $435 |
| Total expenses | $146,409 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,371 |
| Other assets | $0 |
| Total assets | $82,393 |
| Total liabilities | $15,488 |
| Net assets or fund balances | $66,905 |