Joydew Foundation
- Assets
- $2.1m
- Revenue
- $958.5k
- Investments
- $0.0
- Employees
- 17
- Location
- Ridgewood, NJ
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 47-1606282
Organization Overview
Joydew Foundation is located in Ridgewood, NJ. The organization was established in 2015. According to its NTEE Classification (G84) the organization is classified as: Autism, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Joydew Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joydew 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, Joydew Foundation generated $958.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATED AN INTEGRATED PROGRAM THAT INCLUDES A DAY PROGRAM, JOB TRAINING AND EMPLOYMENTFOCUSING ON THE UNIQUE ABILITIES OF ADULTS AGES 21 YEARS OF AGE AND OLDER WITH AUTISM AND OTHERNEUROLOGICAL DISABILITIES WHICH CREATE OPPORTUNITIES AND A HIGHER QUALITY OF LIFE FOR THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION OPERATES A DAY PROGRAM FOR INDIVIDUALS 21 YEARS OF AGE AND OLDER WITH AUTISM.JOYDEW CREATED AN INTEGRATED PROGRAM THAT INCLUDES A DAY PROGRAM, JOB TRAINING AND EMPLOYMENTFOCUSING ON THE UNIQUE ABILITIES OF ADULTS WITH AUTISM. THE MISSION IS TO PROVIDE A MEANINGFULLIFE AND A PATH FOR GROWTH AND DEVELOPMENT THROUGH LEARNING CAREER DEVELOPMENT AND SOCIALENGAGEMENT, ALL IN AN AUTISM FRIENDLY ENVIROMENT. JOYDEW LAUNCHED THE PROGRAM ON JANUARY 29, 2018AND STARTED WITH 8 MEMBERS ENROLLED. THE PROGRAM AT THE END OF 2022 HAD 17 MEMBERS ENROLLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moish Tov CEO & Charman Of Board | OfficerTrustee | 60 | $88,750 |
Anat Klebanov Chief Operations Officer | Officer | 60 | $89,517 |
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 | $102,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,674 |
| Total Program Service Revenue | $841,093 |
| Investment income | $4,475 |
| 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 | $958,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $178,267 |
| Compensation of current officers, directors, key employees. | $93,648 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,576 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $45,629 |
| Fees for services: Management | $133,755 |
| Fees for services: Legal | $52,581 |
| Fees for services: Accounting | $62,202 |
| 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 | $32,130 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,337 |
| Travel | $61,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,988 |
| Interest | $3,483 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,746 |
| Insurance | $19,293 |
| All other expenses | $0 |
| Total functional expenses | $1,255,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $924,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,625 |
| 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 | $11,767 |
| Net Land, buildings, and equipment | $24,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,114,400 |
| Other assets | $27,770 |
| Total assets | $2,114,897 |
| Accounts payable and accrued expenses | $46,160 |
| 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 | $1,087,033 |
| Secured mortgages and notes payable | $967,104 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,015 |
| Total liabilities | $2,134,312 |
| Net assets without donor restrictions | -$19,415 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,114,897 |