Eclc Foundation A New Jersey Non Profit Corporation
- Assets
- $5.0m
- Revenue
- $465.4k
- Investments
- $0.0
- Employees
- 52
- Location
- Chatham, NJ
- Founding
- 03/1994
- Data as of
- 06/2021
- EIN
- 22-3280013
Organization Overview
Eclc Foundation A New Jersey Non Profit Corporation is located in Chatham, NJ. The organization was established in 1994. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Eclc Foundation A New Jersey Non Profit Corporation employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eclc Foundation A New Jersey Non Profit Corporation 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 06/2021, Eclc Foundation A New Jersey Non Profit Corporation generated $465.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $410.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION EXISTS TO HELP FOSTER EDUCATIONAL AND CHARITABLE PURPOSES OF ECLC OF NEW JERSEY, INC., COMMUNITY PERSONNEL SERVICES, INC., AND ECLC OF NEW JERSEY PRIDE DAY PROGRAM, A NEW JERSEY NONPROFIT CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP FOSTER EDUCATIONAL AND CHARITABLE PURPOSES OF ECLC OF NEW JERSEY, INC., COMMUNITY PERSONNEL SERVICES, INC., AND ECLC OF NEW JERSEY PRIDE DAY PROGRAM, A NEW JERSEY NONPROFIT CORPORATION. ADDITIONALLY, THE ORGANIZATION PROVIDES SCHOLARSHIPS, AFTER-SCHOOL PROGRAMMING, ADULT WEEKEND PROGRAMS AND ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Petrou Executive Dir. | Officer | 0.3 | $34,450 |
Vicki Lindorff Principal | 0 | $11,609 | |
Jean Earle CFO | Officer | 2.5 | $9,480 |
Allison Weideman Psychologist | 0 | $222 | |
Joseph J Murphy Treasurer | OfficerTrustee | 0.3 | $0 |
Michael R Luke Vice Chair | OfficerTrustee | 0.3 | $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 | $399,304 |
| Noncash contributions included in lines 1a–1f | $20,742 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $399,304 |
| Total Program Service Revenue | $0 |
| Investment income | $32,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $421 |
| Net Income from Fundraising Events | $33,201 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $465,390 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $45,351 |
| Compensation of current officers, directors, key employees. | $11,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,673 |
| Pension plan accruals and contributions | $8,531 |
| Other employee benefits | $27,548 |
| Payroll taxes | $14,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,395 |
| Advertising and promotion | $39 |
| Office expenses | $0 |
| 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 | $66,307 |
| Depreciation, depletion, and amortization | $2,422 |
| Insurance | $0 |
| All other expenses | $2,049 |
| Total functional expenses | $410,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,669 |
| Savings and temporary cash investments | $2,122,739 |
| Pledges and grants receivable | $20,050 |
| Accounts receivable, net | $1,555 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $32,499 |
| Inventories for sale or use | $9,020 |
| Prepaid expenses and deferred charges | $8,351 |
| Net Land, buildings, and equipment | $5,389 |
| Investments—publicly traded securities | $2,209,446 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,980,718 |
| Accounts payable and accrued expenses | $37,686 |
| Grants payable | $0 |
| Deferred revenue | $114 |
| 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 | $14,823 |
| Total liabilities | $52,623 |
| Net assets without donor restrictions | $2,805,356 |
| Net assets with donor restrictions | $2,122,739 |
| 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 | $4,980,718 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Eclc Foundation A New Jersey Non Profit Corporation has recieved totaling $33,525.
| Awarding Organization | Amount |
|---|---|
Hyde And Watson Foundation Warren Township, NJ PURPOSE: PURCHASE OF A TRANSPORTATION VEHICLE. | $20,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $7,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $625 |
Arthur J Gallagher Foundation Rolling Meadows, IL PURPOSE: GENERAL EXEMPT PURPOSE | $250 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |