Rotary Club Of Point Pleasant Boro New Jersey Charitable Foundation I
- Assets
- $143.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pt Pleasant, NJ
- Founding
- 04/1998
- Data as of
- 06/2023
- EIN
- 22-3551540
Organization Overview
Rotary Club Of Point Pleasant Boro New Jersey Charitable Foundation I is located in Pt Pleasant, NJ. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Rotary Club Of Point Pleasant Boro New Jersey Charitable Foundation I 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, Rotary Club Of Point Pleasant Boro New Jersey Charitable Foundation I generated $45.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $35.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 6 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
THE ORGANIZATION'S PRIMARY PURPOSE IT TO SUPPORT LOCAL COMMUNITY CHARITIES, PROVIDE SCHOLARSHIPS FOR STUDENTS, AND TO FOSTER RELATIONSHIPS WITH LOCAL BUSINESS PERSONS AND THE GENERAL PUBLIC TO PROMOTE ROTARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Antonelli President | 10 | $0 | |
Bernadette Antonelli Secretary | 5 | $0 | |
John Barone Vice President | 0 | $0 | |
Laura Doherty Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,480 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,631 |
| Other Revenue | $0 |
| Total Revenue | $45,706 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,641 |
| Total expenses | $35,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,920 |
| Other assets | $0 |
| Total assets | $143,920 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,920 |