Lenam Inc
- Assets
- $21.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gibbsboro, NJ
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3805614
Organization Overview
Lenam Inc is located in Gibbsboro, NJ. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Lenam 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, Lenam Inc generated $85.6k 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 (7.5%) each year. All expenses for the organization totaled $97.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) 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
LENAM INC.'S PURPOSE IS TO RAISE FUNDING TO SUPPORT LENAM AC, A NON-PROFIT ORGANIZATION IN MEXICO. FUNDS ARE SENT BY WIRE TRANSFER FROM LENAM INC. (US) TO LENAM AC (MEXICO) WHICH USES THE FUNDS FOR CHILDREN PLACED IN ITS CARE BY THE MEXICAN GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Costa Treasurer And Assistant Secretary | 6 | $0 | |
James M Haynie Vice President | 2 | $0 | |
Paula Simon Secretary | 2 | $0 | |
Allison Woodall Director | 2 | $0 | |
Jesus Acosta President Board Chairman | 2 | $0 | |
Gary Brosvic Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,608 |
| 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 | $85,608 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,752 |
| Total expenses | $97,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,415 |
| Other assets | $0 |
| Total assets | $21,415 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,415 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lenam Inc has recieved totaling $179.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $179 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clara Lionel Foundation New York, NY | $44,086,810 | $23,596,509 |
Visionspring New York, NY | $15,269,850 | $12,679,680 |
America Gives Inc New York, NY | $1,069,288 | $7,827,978 |
Grant Recommendation Fund Spring Valley, NY | $460,055 | $4,767,095 |
Yougivegoods Foundation Inc Mendham, NJ | $162,103 | $4,310,625 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
Bikoff Foundation Whitestone, NY | $65,723,002 | $14,790,071 |
Giving Tuesday Inc Brooklyn, NY | $1,987,227 | $3,527,479 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
The Meringoff Family Foundation Inc New York, NY | $455,360 | $3,000,005 |
Newark Alliance Inc Newark, NJ | $3,740,799 | $2,492,723 |