Rebeka Verea Foundation Inc is located in West New York, NJ. The organization was established in 2006. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rebeka Verea 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 06/2023, Rebeka Verea Foundation Inc generated $33.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $10.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 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
2023
Describe the Organization's Program Activity:
Part 3
CONTRIBUTING TO PROJECT GRADUATION IN SEVERAL HIGH SCHOOLS ANDPROVIDING SEMINARS ABOUT THE DANGERS OF SPEEDING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Verea President | 5 | $0 | |
Lourdes Verea Officer | 20 | $0 | |
Anthony Frato Director | 0 | $0 | |
Barbara Perez Rana Vice President | 0 | $0 | |
Yaneth Hernandez Treasurer | 5 | $0 | |
Maria A Menendez Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$13,702 |
| Other Revenue | $0 |
| Total Revenue | $33,798 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,273 |
| Total expenses | $10,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,705 |
| Other assets | $0 |
| Total assets | $56,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,705 |