Leroy W Homer Jr Foundation New Jersey Non Profit Corporation is located in Marlton, NJ. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leroy W Homer Jr Foundation New Jersey Non Profit Corporation 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, Leroy W Homer Jr Foundation New Jersey Non Profit Corporation generated $104.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $77.5k during the year ending 12/2022. While expenses have increased by 22.6% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FOUNDATION AWARDS FLIGHT INSTRUCTION SCHOLARSHIPS TO STUDENTS TO OBTAIN PRIVATE PILOT CERTIFICATIONOF WHICH 2 STUDENTS BENEFITED FROM LAST YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melodie Homer President | 1 | $0 | |
Jane Oswari Vice President | 1 | $0 | |
Evelyn Andal Treasurer | 1 | $0 | |
Brian Florence Vice President | 1 | $0 | |
Daniel Domonkos Director At Large | 1 | $0 | |
Digna Yeregui Director At Large | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100,229 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,424 |
Total Revenue | $104,653 |
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 | $1,438 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,096 |
Total expenses | $77,542 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $274,946 |
Other assets | $0 |
Total assets | $274,946 |
Total liabilities | $85 |
Net assets or fund balances | $274,861 |