Pound The Pavement 501 Inc
- Assets
- $10.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Neptune, NJ
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-3523748
Organization Overview
Pound The Pavement 501 Inc is located in Neptune, NJ. The organization was established in 2015. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pound The Pavement 501 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, Pound The Pavement 501 Inc generated $80.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $74.3k during the year ending 12/2022. While expenses have increased by 6.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FUNDS RAISED THROUGH ANNUAL FUNDRAISER, POUND THE PAVEMENT FOR PURPLE 5K RUN/WALK, IS DONATED TO PANCREATIC CANCER RESEARCH. THE FUNDS RAISED FROM THE 2019 POUND THE PAVEMENT FOR PURPLE 5K RUN/WALK WAS DONATED TO THE LUSTGARTEN FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Narciso Treasurer | 5 | $0 | |
Jayme L Narciso Secretary | 5 | $0 | |
Eric Houghtaling Vice Preside | 5 | $0 | |
Tom Arnone President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,947 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,480 |
| Other Revenue | $0 |
| Total Revenue | $80,427 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,898 |
| Total expenses | $74,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,605 |
| Other assets | $0 |
| Total assets | $10,605 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,605 |
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