Pit Foundation Inc is located in Jersey City, NJ. The organization was established in 2007. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pit 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 12/2018, Pit Foundation Inc generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $19.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 4 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
LIVING EXPENSES, CLOTHING, SCHOOL FEES, TUTORING COSTS AND SCHOOL SUPPLIES WERE PROVIDED FOR EIGHT CHILDREN IN KENYA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Brensinger Chair Person | 0 | $0 | |
Patricia Swartz Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,388 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,388 |
| 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 | $19,662 |
| Total expenses | $19,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $977 |
| Other assets | $0 |
| Total assets | $977 |
| Total liabilities | $0 |
| Net assets or fund balances | $977 |