Jetty Rock Foundation Inc
- Assets
- $398.0k
- Revenue
- $198.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Manahawkin, NJ
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-2932152
Organization Overview
Jetty Rock Foundation Inc is located in Manahawkin, NJ. The organization was established in 2014. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jetty Rock 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, Jetty Rock Foundation Inc generated $198.5k 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 (6.6%) each year. All expenses for the organization totaled $281.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jetty Rock Foundation Inc has awarded 86 individual grants totaling $408,286. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT OUR OCEANS AND WATERWAYS, AND SUPPORT THOSE WHO BUILD THEIR LIVES AROUND THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERING SUPPORT TO COMMUNITY MEMBERS IN NEED.
BEAUTIFICATION OF THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Schratz President | OfficerTrustee | 1 | $0 |
John Cory Higgins Director | OfficerTrustee | 1 | $0 |
Jeremy Defilippis Treasurer | OfficerTrustee | 10 | $0 |
John Clifford Director | OfficerTrustee | 1 | $0 |
Paul Clifford Trustee | Trustee | 1 | $0 |
Craig Clifford Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,064 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,111 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,175 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $55,287 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,112 |
| Grants and other assistance to domestic individuals. | $136,561 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $759 |
| Advertising and promotion | $42,357 |
| Office expenses | $606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,251 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,654 |
| All other expenses | $0 |
| Total functional expenses | $281,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,962 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $397,962 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $456,200 |
| Other liabilities | $0 |
| Total liabilities | $456,200 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$58,238 |
| Total liabilities and net assets/fund balances | $397,962 |
Grants Awarded
Over the last fiscal year, Jetty Rock Foundation Inc has awarded $45,625 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Manahawkin, NJ PURPOSE: COMMUNITY GRANT | $30,625 |
Tuckerton, NJ PURPOSE: ENVIRONMENTAL | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Jetty Rock Foundation Inc has recieved totaling $2,597.
| Awarding Organization | Amount |
|---|---|
Ann And Robert Benson Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Breast Cancer Research Foundation Inc New York, NY | $129,940,554 | $84,528,969 |
Icna Relief Usa Programs Inc New Hyde Park, NY | $18,153,068 | $43,044,954 |
New York Disaster Interfaith Services Inc New York, NY | $1,215,905 | $3,973,628 |
New Jersey Emergency Medical Services Task Force Support Group Neptune, NJ | $1,607,746 | $6,008,506 |
Northwest Emergency Medical Services Inc Elizabethtown, PA | $7,341,931 | $4,423,978 |
The Cantor Fitzgerald Relief Fund New York, NY | $15,461,041 | $7,931,714 |
Order Of Malta Worldwide Relief Malteser International Americas New York, NY | $6,306,407 | $9,070,949 |
Foot Locker Foundation Inc New York, NY | $2,631,002 | $5,090,961 |
Hatzolah Emergency Medical Services Inc Lakewood, NJ | $8,708,564 | $5,878,916 |
Haiti Air Ambulance Service Inc Melville, NY | $5,771,221 | $4,102,528 |
Hatzalah Of The Rockaways & Nassau County Inc Far Rockaway, NY | $8,706,144 | $4,943,822 |
Tuesdays Children Manhasset, NY | $2,126,606 | $3,255,466 |