Dmr Foundation
- Assets
- $35.6k
- Revenue
- $19.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hasbrouck Heights, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 85-4321261
Organization Overview
Dmr Foundation is located in Hasbrouck Heights, NJ. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dmr 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 12/2022, Dmr Foundation generated $19.5k 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 (26.4%) each year. All expenses for the organization totaled $27.2k during the year ending 12/2022. 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 |
|---|---|---|---|
Lloyd Rosenberg President | 5 | $0 | |
Charles Sarlo Officer | 0.5 | $0 | |
Kurt Vierheilig Officer | 0.5 | $0 | |
Pradeep Kapoor Officer | 0.5 | $0 | |
Francis Reiner Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,500 |
| Interest on Savings | $25 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,554 |
| Total operating and administrative expenses | $12,554 |
| Contributions, gifts, grants paid | $14,600 |
| Total expenses and disbursements | $27,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,597 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,597 |
| 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, Dmr Foundation has awarded $5,570 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WILDCAT FOOTBALL SIDELINE CLUB PURPOSE: TO FURTHER CHARITBLE PURPOSE. | $100 |
BOYS AND GIRLS CLUB OF PATERSON AND PASSAIC PURPOSE: TO FURTHER THE CHARITABLE PURPOSE. | $500 |
BERGEN VOLUNTEERS PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $1,970 |
BOROUGH OF DUNELLEN RECREATION PURPOSE: TO FURTHER CHARITABLE PURPOSE. | $500 |
THE CARTERET BUSINESS PARTNERSHIP PURPOSE: TO FURTHER IT'S CHARITABLE PURPOSE. | $2,500 |