Saagny Foundation Inc
- Assets
- $93.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodcliff Lake, NJ
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 11-3306978
Organization Overview
Saagny Foundation Inc is located in Woodcliff Lake, NJ. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Saagny 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, Saagny Foundation Inc generated $10.2k 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 (3.5%) each year. All expenses for the organization totaled $7.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARED BASED ON MERIT AND ARE TO BE USED FOR COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Levinson Chairperson | 3 | $0 | |
Randi Goldberg Vice Chairperson | 2 | $0 | |
Michael Newman Vice Chairperson | 2 | $0 | |
Paul Steinberg Treasurer | 2 | $0 | |
Nancy Bercovitz Secretary | 2 | $0 | |
Eddie Baker Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,862 |
| Investment income | $1,343 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,027 |
| Other Revenue | $0 |
| Total Revenue | $10,232 |
| 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 | $1,945 |
| Occupancy, rent, utilities, and maintenance | $1,893 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,450 |
| Total expenses | $7,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,523 |
| Other assets | $0 |
| Total assets | $93,227 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,227 |