Friends Of David Foundation A Nj Nonprofit Corporation
- Assets
- $214.7k
- Revenue
- $63.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Deal, NJ
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 47-1110482
Organization Overview
Friends Of David Foundation A Nj Nonprofit Corporation is located in Deal, NJ. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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 David Foundation A NJ Nonprofit Corporation 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 06/2023, Friends Of David Foundation A NJ Nonprofit Corporation generated $63.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $82.0k during the year ending 06/2023. While expenses have increased by 13.4% per year over the past 8 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.
Since 2016, Friends Of David Foundation A NJ Nonprofit Corporation has awarded 28 individual grants totaling $228,197. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATING FUNDS TO HELP THOSE FAMILIES IN NEED IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abraham Ades President | 2 | $0 | |
Daniel Betash Treasurer | 2 | $0 | |
David Botton Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $63,857 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $63,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $86 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,487 |
| Total operating and administrative expenses | $23,488 |
| Contributions, gifts, grants paid | $58,504 |
| Total expenses and disbursements | $81,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,609 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,061 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $214,670 |
| 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, Friends Of David Foundation A Nj Nonprofit Corporation has awarded $58,504 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TEDDY KASSIN PURPOSE: MONEY TO SUPPORT FAMILYIN THE COMMUNITY | $6,000 |
SEPHARDIC FOOD FUND PURPOSE: HELP PEOPLE AND FAMILIES OF THE COMMUNITYWITH FOOD | $500 |
OHEL SIMHA SUPERFUND PURPOSE: RELIGIOUS ORGANIZATION | $10,004 |
ONE FAMILY FUND PURPOSE: TERROR IN ISRAEL | $42,000 |