Friends Of The Market Street Mission Inc is located in West Caldwell, NJ. The organization was established in 2014. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Market Street Mission 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, Friends Of The Market Street Mission Inc generated $568.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (51.8%) each year. All expenses for the organization totaled $149.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (63.5%) per year over the past 5 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
DUE TO THE IMPACT OF COVID-19, THE ORGANIZATION REMAINED UNABLE TO HOST ITS FUNDRAISING GOLF TOURNAMENT. THE DECISION WAS MADE TO DISSOLVE. OUR REMAINING ASSETS WERE DISTRIBUTED TO THE MARKET STREET MISSION.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Edward F Watts Jr Chairperson And Treasurer | 5 | $0 | |
| Nancy Didonato Vice Chairperson | 2 | $0 | |
| Pete Sesso Secretary | 2 | $0 | |
| John Boffa Director | 2 | $0 | |
| Lewis A Kerman Director | 2 | $0 | |
| Jack Scharf Director | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $568 | 
| 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 | $568 | 
| 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 | $149 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $149 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,750 | 
| Other assets | $0 | 
| Total assets | $2,750 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $2,750 |