Neighbor To Neighbor Inc
- Assets
- $7.3m
- Revenue
- $5.2m
- Investments
- $2.6m
- Employees
- 12
- Location
- Greenwich, CT
- Founding
- 09/1948
- Data as of
- 06/2021
- EIN
- 06-6071605
Organization Overview
Neighbor To Neighbor Inc is located in Greenwich, CT. The organization was established in 1948. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Neighbor To Neighbor Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighbor To Neighbor 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 06/2021, Neighbor To Neighbor Inc generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 7.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEIGHBOR TO NEIGHBOR IMPROVES THE LIVES OF RESIDENTS IN NEED THROUGHOUT THE GREENWICH AREA AND STRENGTHENS OUR COMMUNITY BY CREATING ACCESS TO FOOD, CLOTHING AND BASIC LIVING ESSENTIALS IN AN ATMOSPHERE OF KINDNESS AND RESPECT. IN FY 20-21, NEIGHBOR CONTINUED TO PROVIDE SUPPLEMENTAL FOOD TO A DRAMATICALLY INCREASED NUMBER OF CLIENTS IN RESPONSE TO THE PANDEMIC AND THE CLOTHING ROOM REMAINED CLOSED. THE ORGANIZATION'S MISSION REMAINS UNCHANGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 3 MAIN CATEGORIES OF EXPENSES RELATED TO THE ORGANIZATION'S PRIMARY SERVICES ARE: 1)FOOD: PROVIDED ENOUGH GROCERIES TO PREPARE NEARLY 700,000 MEALS TO NEEDY CLIENTS. 2) FRESH PRODUCE: ENRICHED DIETS OF CLIENTS BY PROVIDING FRESH FRUITS AND VEGETABLES. 3) PURCHASES OF FOOD, CLOTHING AND SUPPLIES: SUPPLEMENT DONATIONS TO INCLUDE LINENS, WINTER COATS AND SCHOOL SUPPLIES. IN ORDER FOR THE ORGANIZATION TO PROVIDE ITS SERVICES, THEY RECEIVED $1,564,200 OF IN-KIND DONATIONS DURING THE YEAR ENDED JUNE 30, 2021 ($57,786 CLOTHING & HOUSEWARES, $1,426,814 FOOD & $79,600 RENT/OCCUPANCY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Tjimos Goldberg Executive Director | 40 | $118,463 | |
Christine Zadik Co-President | OfficerTrustee | 4 | $0 |
Kim Cantwell Treasurer; Chair, Finance Committee | OfficerTrustee | 4 | $0 |
Pam Speer Secretary | OfficerTrustee | 2 | $0 |
Anne Miller Co-President | OfficerTrustee | 4 | $0 |
Bob Brady Asst Treasurer;finance & Bldg Cmttes | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,059,044 |
| Noncash contributions included in lines 1a–1f | $1,675,527 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,136,007 |
| Total Program Service Revenue | $0 |
| Investment income | $39,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,194,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $123,970 |
| Compensation of current officers, directors, key employees. | $24,794 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $417,640 |
| Pension plan accruals and contributions | $9,836 |
| Other employee benefits | $0 |
| Payroll taxes | $38,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,018 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,113 |
| Fees for services: Other | $30,291 |
| Advertising and promotion | $1,390 |
| Office expenses | $8,216 |
| Information technology | $3,425 |
| Royalties | $0 |
| Occupancy | $51,109 |
| Travel | $3,327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $557 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,138 |
| Insurance | $9,879 |
| All other expenses | $63,465 |
| Total functional expenses | $2,698,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,755,103 |
| 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 | $107,593 |
| Prepaid expenses and deferred charges | $17,133 |
| Net Land, buildings, and equipment | $34,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,640,876 |
| Investments—program-related | $0 |
| Intangible assets | $3 |
| Other assets | $2,708,764 |
| Total assets | $7,264,252 |
| Accounts payable and accrued expenses | $262,194 |
| 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 | $262,194 |
| Net assets without donor restrictions | $6,023,474 |
| Net assets with donor restrictions | $978,584 |
| 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 | $7,264,252 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Neighbor To Neighbor Inc has recieved totaling $36,000.
| Awarding Organization | Amount |
|---|---|
Oaklawn Foundation Wilton, CT PURPOSE: COMMUNITY RESCUE PLAN | $20,000 |
Amicus Amico Foundation Wilmington, DE PURPOSE: PROVIDE FOOD, CLOTHING AND ESSENTIALS TO THOSE IN NEED | $15,000 |
Rosencrans Family Foundation Inc Greenwich, CT PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Opportunity Council Of Suffolk Inc Patchogue, NY | $6,210,341 | $18,971,000 |
Integrated Community Alternatives Network Inc Utica, NY | $14,279,832 | $19,265,883 |
Northern Manhattan Improvement Corp New York, NY | $8,451,430 | $18,004,122 |
Veterans Inc Worcester, MA | $18,236,837 | $18,440,204 |
Chautauqua Opportunities Inc Dunkirk, NY | $6,065,142 | $15,802,051 |
Commission On Economic Opportunity For The Rensselaer County Area Inc Troy, NY | $18,234,515 | $14,616,169 |
Phipps Neighborhoods Inc New York, NY | $46,342,034 | $30,198,997 |
Delaware Opportunities Inc Hamden, NY | $6,012,612 | $14,102,184 |
Painters District Council No 4 S U B Fund Cheektowaga, NY | $33,742,384 | $15,066,465 |
Community Action Agency Of New Haven Inc New Haven, CT | $523,093 | $14,060,753 |
Economic Opportunity Commission Of Nassau County Inc Hempstead, NY | $10,306,992 | $13,197,438 |
Cypress Hills Local Development Corporation Inc Brooklyn, NY | $20,394,898 | $16,091,549 |