Love Thy Neighbor
- Assets
- $425.2k
- Revenue
- $352.7k
- Investments
- $0.0
- Employees
- 23
- Location
- Long Branch, NJ
- Founding
- 04/1990
- Data as of
- 12/2021
- EIN
- 52-1638365
Organization Overview
Love Thy Neighbor is located in Long Branch, NJ. The organization was established in 1990. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Love Thy Neighbor employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Thy Neighbor 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, Love Thy Neighbor generated $352.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $414.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MOBILIZE THE CHRISTIAN CHURCHES OF MONMOUTH COUNTY TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURNISHED WITH LOVE- PROVIDE FURNITURE AT REASONABLE OR NO COST TO THE NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Eyerman Executive Director | Officer | 40 | $67,946 |
Thomas Sannelli Treasurer | OfficerTrustee | 5 | $0 |
Declan Oscanlon President | OfficerTrustee | 5 | $0 |
Kim Smith Secretary | OfficerTrustee | 5 | $0 |
Joanne Stavola Board Member | Trustee | 5 | $0 |
Courtney Stark Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,900 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,050 |
| 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 | $168,673 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $352,723 |
| 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. | $67,946 |
| Compensation of current officers, directors, key employees. | $67,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,740 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,101 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,619 |
| 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 | $5,463 |
| Information technology | $1,875 |
| Royalties | $0 |
| Occupancy | $10,840 |
| Travel | $778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,790 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,183 |
| Insurance | $18,789 |
| All other expenses | $62,492 |
| Total functional expenses | $414,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,749 |
| 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 | $535 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $294,366 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $425,150 |
| 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 | $134,767 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,767 |
| Net assets without donor restrictions | $290,383 |
| 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 | $425,150 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Love Thy Neighbor has recieved totaling $41,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $37,500 |
William Gross Charitable Foundation Inc Jersey City, NJ PURPOSE: GENERAL USE | $3,000 |
Brunetti Foundation Hialeah, FL PURPOSE: ASSIST INASSIST INPURPOSE OF CHARITABLE ORGANIZATIONS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Balakian Family Foundation Tenafly, NJ | $0 | -$1,634 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
The Jose M Garcia Foundation Inc West Orange, NJ | $0 | $228,578 |
Nissim Veniflaot Lakewood, NJ | $117,648 | $332,628 |