Youth Foundation Of Jersey City Inc
- Assets
- $50.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jersey City, NJ
- Founding
- 12/2013
- Data as of
- 12/2021
- 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 12/2021, Youth Foundation Of Jersey City Inc generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $38.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 6 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
2021
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 |
|---|---|---|---|
Anne Mosca Trustee | 0.5 | $0 | |
Jesse Sherwood Trustee | 0.5 | $0 | |
Mamta Singh Trustee | 0.5 | $0 | |
Bertram Okpokwasili Trustee | 0.5 | $0 | |
Paul Silverman Chairman | 0.5 | $0 | |
Rene Gonzalez Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,213 |
| 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 | $55,213 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,370 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,041 |
| Other expenses | $30,756 |
| Total expenses | $38,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,665 |
| Other assets | $0 |
| Total assets | $50,665 |
| Total liabilities | $3,354 |
| Net assets or fund balances | $47,311 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Youth Foundation Of Jersey City Inc has recieved totaling $16.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |
Youthbuild Newark Newark, NJ | $8,371,396 | $7,058,437 |
Man Up Inc Brooklyn, NY | $3,303,421 | $3,938,909 |
Gwens Girls Incorporated Pittsburgh, PA | $4,688,036 | $4,701,406 |
The Philadelphia Education Fund Philadelphia, PA | $9,790,760 | $3,554,527 |