Gift Of Life Inc Of New Jersey
- Assets
- $264.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morris Plains, NJ
- Founding
- 06/1986
- Data as of
- 06/2022
- EIN
- 22-2630459
Organization Overview
Gift Of Life Inc Of New Jersey is located in Morris Plains, NJ. The organization was established in 1986. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gift Of Life Inc Of New Jersey 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, Gift Of Life Inc Of New Jersey generated $91.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $131.4k during the year ending 06/2022. 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
PROVIDES CORRECTIVE OPEN HEART SURGERY FOR CHILDREN WITH CONGENITAL HEART DEFECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Beni Treasurer | 5 | $0 | |
James Allison President | 3 | $0 | |
Susan Allison Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,709 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,821 |
| Other Revenue | $0 |
| Total Revenue | $91,530 |
| 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 | $4,169 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $127,278 |
| Total expenses | $131,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,446 |
| Other assets | $0 |
| Total assets | $264,446 |
| Total liabilities | $0 |
| Net assets or fund balances | $264,446 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gift Of Life Inc Of New Jersey has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Morristown Rotary Club Endowment Fund Inc Morristown, NJ PURPOSE: GENERAL PURPOSES | $6,000 |
Endowment Analysis
Peer Organizations
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|---|---|---|
Transcelerate Biopharma Inc West Conshohocken, PA | $50,373,384 | $31,090,660 |
Lankenau Institute For Medical Research Wynnewood, PA | $8,021,343 | $9,109,367 |
Tri-Institutional Therapeutics Discovery Institute Inc New York, NY | $5,819,394 | $16,905,997 |
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn New York, NY | $40,802,431 | $10,021,313 |
Coalition Of Cancer Cooperative Groups Philadelphia, PA | $21,235,863 | $14,701,631 |
American Thrombosis And Hemostasisnetwork Inc Rochester, NY | $10,168,996 | $13,364,540 |
Football Research Inc New York, NY | $4,325,864 | $9,164,438 |
National Disease Research Interchange Philadelphia, PA | $6,059,781 | $7,072,153 |
Bronx Veterans Medical Research Foundation Inc Bronx, NY | $9,078,068 | $8,272,955 |
Citizens Committee For Children Of New York New York, NY | $3,634,711 | $3,821,090 |
Pennsylvania Economy League Inc Philadelphia, PA | $2,641,467 | $4,041,486 |
Clinical Directors Network Inc New York, NY | $2,473,338 | $3,992,902 |