M25 Initiative A Nonprofit Corporation
- Assets
- $213.9k
- Revenue
- $174.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeton, NJ
- Founding
- 10/2015
- Data as of
- 06/2022
- EIN
- 47-4644945
Organization Overview
M25 Initiative A Nonprofit Corporation is located in Bridgeton, NJ. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. M25 Initiative A 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 06/2022, M25 Initiative A Nonprofit Corporation generated $174.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $183.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, M25 Initiative A Nonprofit Corporation has awarded 17 individual grants totaling $130,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE M25 INITIATIVE IS A 501C3 NONPROFIT IN CUMBERLAND COUNTY, NJ CREATED FOR THE SOLE PURPOSE OF ENGAGING, EQUIPPING, EMPOWERING, AND MOBILIZING THE LOCAL CHURCH AND FAITH-BASED ORGANIZATIONS TO EMPLOY INNOVATIVE AND COOPERATIVE SOLUTIONS TO ALLEVIATE SUFFERING, FEED THE HUNGRY, END POVERTY, REDUCE CRIME, REVITALIZE A SPIRIT COMMUNITY AND TRANSFORM LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE M25 INITIATIVE IS A 501C3 NONPROFIT IN CUMBERLAND COUNTY, NJ CREATED FOR THE SOLE PURPOSE OF ENGAGING, EQUIPPING, EMPOWERING, AND MOBILIZING THE LOCAL CHURCH AND FAITH-BASED ORGANIZATIONS TO EMPLOY INNOVATIVE AND COOPERATIVE SOLUTIONS TO ALLEVIATE SUFFERING, FEED THE HUNGRY, END POVERTY, REDUCE CRIME, REVITALIZE A SPIRIT COMMUNITY AND TRANSFORM LIVES.
THE M25 INITIATIVE IS A 501C3 NONPROFIT IN CUMBERLAND COUNTY, NJ CREATED FOR THE SOLE PURPOSE OF ENGAGING, EQUIPPING, EMPOWERING, AND MOBILIZING THE LOCAL CHURCH AND FAITH-BASED ORGANIZATIONS TO EMPLOY INNOVATIVE AND COOPERATIVE SOLUTIONS TO ALLEVIATE SUFFERING, FEED THE HUNGRY, END POVERTY, REDUCE CRIME, REVITALIZE A SPIRIT COMMUNITY AND TRANSFORM LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Garcia President | Officer | $0 | |
Richard Elwell Treasurer | Officer | $0 | |
Joellyn Jones Secretary | Officer | $0 | |
Laurie Latorre Vice Preside | Officer | $0 | |
David Moore President El | Officer | $0 | |
Rev Dr Robin Weinstein Past Preside | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,765 |
| Total Program Service Revenue | $0 |
| Investment income | $113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,514 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,600 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $460 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,705 |
| Office expenses | $14,932 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,853 |
| All other expenses | $596 |
| Total functional expenses | $183,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $213,928 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $213,928 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $213,928 |
Grants Awarded
Over the last fiscal year, M25 Initiative A Nonprofit Corporation has awarded $60,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TRINITY FIRST HOPE CENTER PURPOSE: FOOD/SHOWER/CODE BLU | $19,000 |
BETHANY GRACE COMMUNITY CHURCH PURPOSE: FOOD INSECUR./SHOWER | $14,800 |
SPIRIT & TRUTH MINISTRIES - VINELAN PURPOSE: FOOD INSECUR./SHOWER | $12,200 |
GATEWAY CAP PURPOSE: FOOD INSEC./CODE BLU | $8,600 |
VINELAND CODE BLUE PURPOSE: CODE BLUE | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that M25 Initiative A Nonprofit Corporation has recieved totaling $17,732.
| Awarding Organization | Amount |
|---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general operating support | $10,000 |
Oceanfirst Foundation Toms River, NJ PURPOSE: GENERAL OPERATING/FLEXIBLE SUPPORT GRANT | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |
Tri-County Community Action Agency Inc Bridgeton, NJ | $36,051,932 | $63,714,184 |