Amanda Rose Laura Foundation Inc is located in Berkeley Heights, NJ. The organization was established in 2017. 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. Amanda Rose Laura 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 12/2022, Amanda Rose Laura Foundation Inc generated $87.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $101.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PROVIDE FINANCIAL RESOURCES TO CHILDREN TO ALLOW THEM TO SECURE ENRICHED EDUCATIONAL EXPERIENCES AND OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP PROVIDE FINANCIAL RESOURCES TO CHILDREN TO ALLOW THEM TO SECURE ENRICHED EDUCATIONAL EXPERIENCES AND OPPORTUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rosemary Laura President | OfficerTrustee | 1 | $0 |
Anthony Laura Vice President | OfficerTrustee | 1 | $0 |
Rose Rinaldi Secretary | OfficerTrustee | 1 | $0 |
Diana Laura Director | Trustee | 0.25 | $0 |
Gianna Laura Director | Trustee | 0.25 | $0 |
Ann Ryan Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $82,338 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,499 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $89,837 |
Total Program Service Revenue | $0 |
Investment income | $6,703 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$523 |
Net Income from Fundraising Events | -$8,796 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $87,221 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $97,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $78 |
Information technology | $1,064 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $100,998 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $94,885 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $231,476 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $326,361 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $326,361 |
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 | $326,361 |
Over the last fiscal year, Amanda Rose Laura Foundation Inc has awarded $92,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
FORDHAM LAW SCHOOL'S FEERICK CENTER FOR SOCIAL JUSTICE PURPOSE: FELLOWSHIPS | $12,000 |
RESTORATIVE PRACTICES IN ACTION PURPOSE: FELLOWSHIPS | $20,000 |
CHICAGO MATH & SCIENCE ACADEMY PURPOSE: COMPUTERS | $40,000 |
NJ LEEP PURPOSE: COLLEGE PREP | $20,000 |