Lauren Rose Albert Foundation Inc is located in Cherry Hill, NJ. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lauren Rose Albert Foundation 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 12/2022, Lauren Rose Albert Foundation Inc generated $48.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED GIFT BASKETS TO LOW INCOME WOMEN WITH CHILDREN THROUGH LOCAL SHELTERS AND DAYCARE CENTERS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Susan Rose President | 15 | $0 | |
| Stuart Rose Vice President | 5 | $0 | |
| Amy Rivas Secretary | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,290 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | -$4,429 | 
| Net Income from Gaming & Fundraising | $25,942 | 
| Other Revenue | $2,629 | 
| Total Revenue | $48,432 | 
| 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 | $15,457 | 
| Printing, publications, postage, and shipping | $757 | 
| Other expenses | $5,210 | 
| Total expenses | $26,124 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,600 | 
| Other assets | $0 | 
| Total assets | $252,900 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $252,900 |