Spring Lake Toys Foundation Inc
- Assets
- $128.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin Lakes, NJ
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-2662629
Organization Overview
Spring Lake Toys Foundation Inc is located in Franklin Lakes, NJ. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Spring Lake Toys Foundation Inc 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, Spring Lake Toys Foundation Inc generated $154.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $108.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE TO FAMILIES STRUGGLING TO PAY FOR THEIR CHILDS MEDICAL EXPENSES AND ALSO GRANTED GIFTS OF NEW TOYS TO THESE SPECIAL CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulette Pera Laurenzi President | 35 | $0 | |
Salvatore V Frassetto Vice President | 1.5 | $0 | |
Kathleen Fuenning Cariddi Secretary | 0.5 | $0 | |
Julie Walsh Matthews Trustee | 0.25 | $0 | |
Karen Rutherford Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,335 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $111,004 |
| Other Revenue | $4,559 |
| Total Revenue | $154,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,089 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,859 |
| Printing, publications, postage, and shipping | $310 |
| Other expenses | $32,897 |
| Total expenses | $108,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,610 |
| Other assets | $0 |
| Total assets | $128,326 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,326 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spring Lake Toys Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
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|---|---|---|
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |
Tri-County Community Action Agency Inc Bridgeton, NJ | $36,051,932 | $63,714,184 |