Million Reasons
- Assets
- $131.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Old Tappan, NJ
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-2570706
Organization Overview
Million Reasons is located in Old Tappan, NJ. The organization was established in 2016. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Million Reasons 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, Million Reasons generated $78.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $59.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen D Secretary | 0 | $0 | |
John President | 0 | $0 | |
Gabriella Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,532 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $20,040 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,572 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,524 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $18,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,548 |
| Total expenses | $59,322 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,111 |
| Other assets | $0 |
| Total assets | $131,074 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,074 |
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