De Satnick Foundation
- Assets
- $144.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cape May, NJ
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-2108620
Organization Overview
De Satnick Foundation is located in Cape May, NJ. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. DE Satnick Foundation 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, DE Satnick Foundation generated $105.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $65.2k during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FUNDS AWARDED TO SCI VICTIMS AND SUPPORTING PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Desatnick Trustee | 0 | $0 | |
Todd Desatnick Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,957 |
| Total Program Service Revenue | $2,019 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$26,959 |
| Other Revenue | $0 |
| Total Revenue | $105,031 |
| 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 | $835 |
| Occupancy, rent, utilities, and maintenance | $1,419 |
| Printing, publications, postage, and shipping | $73 |
| Other expenses | $5,677 |
| Total expenses | $65,232 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,281 |
| Other assets | $0 |
| Total assets | $144,281 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,281 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that De Satnick Foundation has recieved totaling $81.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
Rita Allen Foundation Princeton, NJ | $219,012,203 | $23,878,841 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |