Michael T And Majorie V Gasparik Foundation
- Assets
- $2.3m
- Revenue
- $194.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- West Caldwell, NJ
- Founding
- 09/2010
- Data as of
- 12/2020
- EIN
- 80-0505553
Organization Overview
Michael T And Majorie V Gasparik Foundation is located in West Caldwell, NJ. The organization was established in 2010. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael T And Majorie V Gasparik 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 12/2020, Michael T And Majorie V Gasparik Foundation generated $194.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 72.3% each year . All expenses for the organization totaled $182.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Michael T And Majorie V Gasparik Foundation has awarded 23 individual grants totaling $492,000. 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 |
|---|---|---|---|
Helen Younger Vice President | 0 | $333 | |
Donna O'connor Secretary | 1 | $333 | |
Francis Gasparik Pres/treas | 0 | $333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,059 |
| Dividends & Interest | $32,214 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $142,111 |
| Capital Gain Net Income | $142,111 |
| Net ST Capital Gain | $44,715 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $194,384 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,431 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,588 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,402 |
| Total operating and administrative expenses | $37,621 |
| Contributions, gifts, grants paid | $145,000 |
| Total expenses and disbursements | $182,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,505 |
| Savings and temporary cash investments | $56,438 |
| 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 | $390,565 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,276,624 |
| 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, Michael T And Majorie V Gasparik Foundation has awarded $145,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST FRANCIS FOOD PANTRIES PURPOSE: FOOD FOR HOMELESS | $35,000 |
ALZHEIMERS NJ PURPOSE: ALZHEIMER RESEARCH | $35,000 |
Yonkers, NY PURPOSE: PEDIATRIC DISEASE RESEARCH | $20,000 |
PROVINCE OF ST MARY CAPUCHIN PURPOSE: SUPPORT MISSION TO TAKE CARE OF POOR AND OTHERS IN NEED | $20,000 |
CHARLES WEBB CENTER PURPOSE: AID GROWTH & DEVELOPMENT OF CHILDREN | $15,000 |
CORNELL COLLEGE OF VETERINARY MEDIC PURPOSE: FELINE DISEASE RESEARCH | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michael T And Majorie V Gasparik Foundation has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
St Francis Food Pantries And Shelters Inc New York, NY PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alzheimers Foundation Of America Inc New York, NY | $39,937,274 | $14,859,921 |
Coalition Of New York State Cohoes, NY | $1,199,454 | $4,999,250 |
Alzheimers Disease And Related Disorders New York City Inc New York, NY | $4,860,903 | $6,165,848 |
The Long Island Alzheimers And Dementia Center Westbury, NY | $1,943,694 | $1,743,458 |
The Mertz Charitable Trust Pittsburgh, PA | $0 | $180,463 |
Ftd Disorders Registry Llc King Of Prussia, PA | $1,122,791 | $727,717 |
Alzheimers Disease Resourcecenter Inc East Islip, NY | $2,273,072 | $1,512,511 |
Jewish Senior Life Community Services Inc Rochester, NY | $1,086,635 | $159,394 |
Michael T And Majorie V Gasparik Foundation West Caldwell, NJ | $2,276,624 | $194,384 |
Wilkins Family Charitable Foundation Bath, NY | $19,637 | $0 |
Laurel Highlands Alzheimers Foundation Johnstown, PA | $126,802 | $0 |
Mood Disorders Support Group Inc New York, NY | $207,931 | $0 |