Adult School Of The Chathams Madison & Florham Park
- Assets
- $211.3k
- Revenue
- $427.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Madison, NJ
- Founding
- 03/1976
- Data as of
- 06/2022
- EIN
- 51-0154031
Organization Overview
Adult School Of The Chathams Madison & Florham Park is located in Madison, NJ. The organization was established in 1976. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Adult School Of The Chathams Madison & Florham Park employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult School Of The Chathams Madison & Florham Park 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 06/2022, Adult School Of The Chathams Madison & Florham Park generated $427.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $398.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DIVERSE EDUCATIONAL AND CULTURAL OPPORTUNITIES FOR THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM CONSISTS OF LOW COST LEARNING OPPORTUNITIES TO ADULTS & CHILDREN
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 |
|---|---|---|---|
Victor Schumacher Edd President | Officer | 0 | $0 |
Rick Williams Treasurer | Officer | 0 | $0 |
Kristine Leopold Director | Trustee | 20 | $0 |
Barbara Burton PHD Board Member | Trustee | 0 | $0 |
Lou Gaburo Board Member | Trustee | 0 | $0 |
Christopher Gillan Board Member | Trustee | 0 | $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 | $53,381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,381 |
| Total Program Service Revenue | $349,443 |
| Investment income | $274 |
| 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 | $427,185 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $856 |
| Advertising and promotion | $1,734 |
| Office expenses | $2,176 |
| 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 | $78 |
| Insurance | $4,703 |
| All other expenses | $11,698 |
| Total functional expenses | $398,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,975 |
| Savings and temporary cash investments | $159,133 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,337 |
| 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 | $10,758 |
| Net Land, buildings, and equipment | $100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $211,303 |
| Accounts payable and accrued expenses | $2,598 |
| 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 | $4,804 |
| Total liabilities | $7,402 |
| Net assets without donor restrictions | $203,901 |
| 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 | $211,303 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adult School Of The Chathams Madison & Florham Park has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Foundation Inc New York, NY PURPOSE: VOLUNTEER INCENTIVE PROGRAM | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
Local Union 164 Electrical Joint Apprenticeship And Training Trust Paramus, NJ | $19,017,559 | $4,299,279 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Chronic Liver Disease Foundation Inc Clark, NJ | $1,027,147 | $3,658,520 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Resource Training Center Inc Staten Island, NY | $1,509,183 | $2,732,050 |
Institute Of Classical Architecture And Art Inc New York, NY | $5,800,944 | $3,154,717 |
Literacy West Ny Inc Belmont, NY | $671,461 | $2,695,039 |
Institute Foundation Inc New York, NY | $1,481,430 | $2,888,520 |