Surf Taco Foundation
- Assets
- $36.0
- Revenue
- $24.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Point Pleasant Beach, NJ
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-3242081
Organization Overview
Surf Taco Foundation is located in Point Pleasant Beach, NJ. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Surf Taco 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, Surf Taco Foundation generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $24.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Surf Taco Foundation has awarded 30 individual grants totaling $147,271. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF A PERCENTAGE OF SALES FOR 41 ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Nagel President | 1 | $0 | |
Melissa Nagel Secretary | 1 | $0 | |
Veronica Sanchez Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $563 |
| Total operating and administrative expenses | $563 |
| Contributions, gifts, grants paid | $24,341 |
| Total expenses and disbursements | $24,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $36 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Surf Taco Foundation has awarded $24,341 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS ORGANIZATIONS PURPOSE: VARIOUS DONATIONS TO 38 ORGANIZATIONS AND CHARITIES RANGING FROM $25 - $500 | $12,341 |
Tampa, FL PURPOSE: TO SPONSOR FUNDRAISERS FOR THE BIG BROTHERS BIG SISTERS FOUNDATION | $7,500 |
MANASQUAN RECREATION COMMITTEE PURPOSE: TO SPONSOR FUNDRAISERS FOR THE MANASQUAN RECREATION COMMITTEE. | $2,500 |
VIBRANT EMOTIONAL HEALTH PURPOSE: DONATION TO THE NATIONAL SUICIDE PREVENTION LIFELINE. | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
Chief Executives For Corporate Purpose Inc New York, NY | $5,985,740 | $5,961,385 |
Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Datakind Brooklyn, NY | $7,052,955 | $2,773,630 |
Friends Of@raising The Village Incorporated New York, NY | $175,173 | $3,119,375 |
Epstein Philanthropies New York, NY | $20,452,272 | $710,491 |
The T Colin Campbell Center For Nutrition Studies Webster, NY | $2,269,815 | $2,695,033 |