Denike Family Foundation
- Assets
- $1.2m
- Revenue
- $50.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- Berkeley Heights, NJ
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-7466938
Organization Overview
Denike Family Foundation is located in Berkeley Heights, 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. Denike Family 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 12/2022, Denike Family Foundation generated $50.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $78.6k during the year ending 12/2022. While expenses have increased by 21.8% per year over the past 7 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.
Since 2016, Denike Family Foundation has awarded 160 individual grants totaling $292,819. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Denike Trustee | 10 | $0 | |
Susan Denike Trustee | 10 | $0 | |
Jennifer Denike Trustee | 10 | $0 | |
Jessica Sforza Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,559 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,502 |
| Total operating and administrative expenses | $11,358 |
| Contributions, gifts, grants paid | $67,267 |
| Total expenses and disbursements | $78,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,107 |
| 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 | $1,170,697 |
| 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, Denike Family Foundation has awarded $63,410 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
PRESBYTERIAN CHURCH AT NEW PROVIDENCE PURPOSE: RELIGEOUS EDUCATION | $5,500 |
LIFEBOX FOUNDATION INC PURPOSE: SURGERY EQUIPMENT | $1,000 |
THE FIRST TEE PURPOSE: EDUCATIONAL PROGRAMS FOR YOUTHS. | $4,250 |
COMMUNITY FOOD BANK PURPOSE: FOOD FOR FAMILIES | $1,000 |
REBUILDING WARRIORS PURPOSE: DISABLED WARRIORS | $1,000 |
HOSPITAL ALBERT SCHWEITZER PURPOSE: PUBLIC HELATHCARE IN HAITI. | $1,000 |