Taj Gibson Foundation Inc is located in Nutley, NJ. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taj Gibson 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, Taj Gibson Foundation Inc generated $28.5k 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 (54.2%) each year. All expenses for the organization totaled $20.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (58.8%) per year over the past 3 years. 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
PROVIDING RESOURCES TO ENRICH THE LIVES OF YOUTH IN NYC COMMUNITIES - DURING 2021, THE FOUNDATION PROVIDED FUNDING FOR NEW BASKETBALL RIMS AT THE INGERSOLL BASKETBALL COURTS AND FUND A YOUTH BASETBALL PROGRAM. THE FOUNDATION ALSO PROVIDED HOLIDAY MEALS TO THE NEW HORIZONS COUNSELING CENTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Toi Salter Treasurer | 10 | $0 | |
Taj Gibson President | 20 | $0 | |
Howard Miller Secretary | 20 | $0 | |
Gregory Watson Director | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $28,533 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,533 |
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 | $3,434 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,330 |
Total expenses | $20,764 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,969 |
Other assets | $0 |
Total assets | $10,969 |
Total liabilities | $0 |
Net assets or fund balances | $10,969 |
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