Jen Hale Memorial Foundation Inc
- Assets
- $35.9k
- Revenue
- $1.1k
- Investments
- $27.5k
- Employees
- 0
- Location
- Voorhees, NJ
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 31-1703194
Organization Overview
Jen Hale Memorial Foundation Inc is located in Voorhees, NJ. The organization was established in 2000. 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. Jen Hale Memorial 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, Jen Hale Memorial Foundation Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $13.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jen Hale Memorial Foundation Inc has awarded 16 individual grants totaling $125,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry J Hale Trustee | 0.5 | $0 | |
Jean Hale Trustee | 0.5 | $0 | |
Kelly Hale Trustee | 0.5 | $0 | |
Barry J Hale Jr Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $550 |
| Capital Gain Net Income | $550 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $155 |
| Total operating and administrative expenses | $597 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $13,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,749 |
| Savings and temporary cash investments | $2,631 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,533 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,913 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jen Hale Memorial Foundation Inc has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHA CARE PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $3,000 |
YOUNG LIFE - SALEM COUNTY NJ PURPOSE: ASSISTANCE FOR CHARITABLE PURPOSE | $10,000 |