Montclair African-American Heritage Foundation Inc
- Assets
- $28.6k
- Revenue
- $60.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Montclair, NJ
- Founding
- 07/2014
- Data as of
- 08/2021
- EIN
- 46-3674468
Organization Overview
Montclair African-American Heritage Foundation Inc is located in Montclair, NJ. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montclair African-American Heritage 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 08/2021, Montclair African-American Heritage Foundation Inc generated $60.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $51.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GOAL OF MAAHF IS TO SPONSOR EDUCATIONAL EVENTS AND ACTIVITIES TO PROMOTE COMMUNITY BUILDING AND FOSTERING OF GOOD NEIGHBORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP FUNDING FOR STUDENTS
PARADE ACTIVITIES. ANNUAL PARADE SERVES AS A CELEBRATION OPPORTUNITY TO SHOWCASE AFRICAN AMERICAN CULTURE,ARTS,TALENTS INFORMNATION AND PRIDE
UMSIC FESTIVAL; THE MUSIC FESTIVAL VISION IS TO CELEBRATE GREAT MUSIC IN CREATIVE VENUES WITH THE LEADING MUSICIANS AND EXCITING NEWCOMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonni Taylor Chairperson | OfficerTrustee | 1 | $0 |
Weatau Mc Pherson Treasurer | OfficerTrustee | 1 | $0 |
Rodney Jenkins Secretary | OfficerTrustee | 1 | $0 |
Marcia Brewington Member | Trustee | 1 | $0 |
William Scott Member | Trustee | 1 | $0 |
Te Niijah Bussey Co-Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,043 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,050 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,179 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $51,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,592 |
| 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 | $28,592 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $28,592 |
| Total liabilities and net assets/fund balances | $28,592 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montclair African-American Heritage Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
James Douglas Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Civic Auto Ramps Inc Buffalo, NY | $1,499,927 | $7,888,664 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Data & Society Research Institute New York, NY | $10,624,558 | $3,287,575 |
Bend The Arc Jewish Action Inc New York, NY | $2,917,123 | $4,796,081 |
Greater Syracuse Property Development Corporation Syracuse, NY | $6,042,694 | $3,813,121 |
East Mid-Manhattan District Management Association Inc New York, NY | $3,778,894 | $3,534,351 |
New York 811 Inc Bohemia, NY | $4,587,897 | $3,122,927 |
New York State Local Government Services Foundation Inc Albany, NY | $314,574 | $1,870,171 |
Municipal Risk Management Inc Sewickley, PA | $1,866,015 | $1,889,170 |
Conservative Mennonite Financial Lebanon, PA | $46,104,322 | $1,303,669 |
Cause Effective Inc New York, NY | $567,862 | $1,387,605 |
Kowalski Family Foundation Kinnelon, NJ | $925,164 | $966,952 |