Shepherds Of Youth Charitable Trust
- Assets
- $4.7m
- Revenue
- $445.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chatham, NJ
- Founding
- 09/1985
- Data as of
- 06/2022
- EIN
- 22-2531703
Organization Overview
Shepherds Of Youth Charitable Trust is located in Chatham, NJ. The organization was established in 1985. 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. Shepherds Of Youth Charitable Trust 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 06/2022, Shepherds Of Youth Charitable Trust generated $445.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $308.7k during the year ending 06/2022. While expenses have increased by 9.8% per year over the past 7 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.
Since 2015, Shepherds Of Youth Charitable Trust has awarded 23 individual grants totaling $1,866,543. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHEPHERDS OF YOUTH CHARITABLE TRUST ENDEAVORS TO HELP THE VOCATIONIST FATHERS AND SISTERS DELIVER A NONDISCRIMINATORY, QUALITY EDUCATION TO THE CHILDREN OF THE POOR WITH THE GOAL OF PROVIDING WAYS TO TERMINATE THE LEGACY OF POVERTY AND TO PROMOTE THE MORAL AND SPIRITUAL INTEGRITY OF THE COMMUNITIES THE VOCATIONISTS SERVE BY SUPPORTING AND ENCOURAGING CANDIDATES FOR THE PRIESTHOOD AND RELIGIOUS LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND SUPPORTS SCHOLARSHIPS TO THE POOR PROVIDING QUALITY EDUCATION WITH THE IDEA OF PROMOTING MORAL AND SPIRITUAL INTEGRITY, ENCOURAGING CANDIDATES FOR THE PRIESTHOOD AND RELIGIOUS LIFE.
THE PROGRAM DIRECTLY SERVICES AND SUPPORTS ST. MICHAELS SCHOOL - 27 CRITENDEN STREET, NEWARK, NJ 07104
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Balascio Treasurer | OfficerTrustee | 1 | $0 |
Gerald Frungillo 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Greg Niccolai President | OfficerTrustee | 1 | $0 |
Dominick V Paragano Jr Trustee | Trustee | 1 | $0 |
Robert D'alia Trustee | Trustee | 1 | $0 |
Anthony Davino Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,753 |
| Total Program Service Revenue | $0 |
| Investment income | $84,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,151 |
| Net Income from Fundraising Events | $163,461 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $246,558 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,338 |
| Advertising and promotion | $0 |
| Office expenses | $6,850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $308,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629,059 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,000 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,051,225 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,683,284 |
| Accounts payable and accrued expenses | $11,500 |
| 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 | $14,546 |
| Total liabilities | $26,046 |
| Net assets without donor restrictions | $3,355,238 |
| Net assets with donor restrictions | $1,302,000 |
| 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 | $4,683,284 |
Grants Awarded
Over the last fiscal year, Shepherds Of Youth Charitable Trust has awarded $246,558 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST MICHAEL'S SCHOOL PURPOSE: TUITION ASSISTANCE | $147,304 |
VOCATIONIST FATHERS & SISTERS PURPOSE: TUITION ASSISTANCE | $99,254 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shepherds Of Youth Charitable Trust has recieved totaling $578.
| Awarding Organization | Amount |
|---|---|
The Mcj Amelior Foundation Morristown, NJ PURPOSE: FOR GENERAL OPERATING SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspira Inc Of Pennsylvania Philadelphia, PA | $16,896,454 | $35,689,519 |
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |