Friends Of Fosterfields And Cooper Mill Inc
- Assets
- $56.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 01/1987
- Data as of
- 06/2018
- EIN
- 22-2671446
Organization Overview
Friends Of Fosterfields And Cooper Mill Inc is located in Morristown, NJ. The organization was established in 1987. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Fosterfields And Cooper Mill 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 06/2018, Friends Of Fosterfields And Cooper Mill Inc generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $14.5k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 3 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
2018
Describe the Organization's Program Activity:
Part 3
FIRST ACCOMPLISHMENTTHE FARM IS ON ONE OF FOSTERFIELDS' TWO MAIN HISTORIC FEATURES. ITS PUBLIC PRESENTATION IS ASSISTED BY THE FRIENDS WHO PROVIDE VOLUNTEER SERVICES AND CASH ASSISTANCE TO HIRE SUMMER EMPLOYEES TO KEEP THE FARM OPEN FOR MORE THAN 20,000 VISITORS.SECOND ACCOMPLISHMENT"EUREKA" IS FOSTERFIELDS' MAIN EDUCATIONAL PROGRAM PRESENTED EACH SUMMER FOR FIVE WEEKS DURING WHICH TIME, EIGHT, FOUR-DAY SESSIONS ARE HELD FOR 12 RESIDENT STUDENTS EACH DAY. BOTH FOSTERFIELDS AND COOPER MILL HOST SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Mitros President | 5 | $0 | |
Chris Riley Vice President | 5 | $0 | |
Monica Blackman Secretary | 5 | $0 | |
James Mckenna Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,189 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,560 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,542 |
| Total expenses | $14,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,828 |
| Other assets | $0 |
| Total assets | $56,828 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,828 |