Njac Foundation Inc
- Assets
- $119.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 31-1652900
Organization Overview
Njac Foundation Inc is located in Trenton, NJ. The organization was established in 1999. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Njac 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 12/2023, Njac Foundation Inc generated $93.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $89.1k during the year ending 12/2023. While expenses have increased by 15.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE EDUCATIONAL PROGRAMS AND PUBLICATIONS TONEW JERSEYS EDUCATION, SOCIAL, BUSINESS AND GOVERNMENTALPOPULATION ABOUT THE NEED FOR AND FUNCTIONS OF COUNTY GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Simmons President | 1 | $0 | |
Arthur Sypek Jr Vice President | 1 | $0 | |
M Claire French Secretary-Treasurer | 1 | $0 | |
Brian M Hughes Member | 1 | $0 | |
John G Donnadio ESQ Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $93,781 |
| 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 | $167 |
| Total expenses | $89,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,367 |
| Other assets | $0 |
| Total assets | $119,367 |
| Total liabilities | $78,373 |
| Net assets or fund balances | $40,994 |