Fund For An Open Society
- Assets
- $30.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, NJ
- Founding
- 12/1975
- Data as of
- 12/2021
- EIN
- 52-1035144
Organization Overview
Fund For An Open Society is located in Newark, NJ. The organization was established in 1975. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For An Open Society 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 12/2021, Fund For An Open Society generated $39.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
FORM 990 EZ, PART III, LINE 28-STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSFUND FOR AN OPEN SOCIETY IS COMMITTED TO ENABLING OUR NATION TO BREAK FROM ITS PAST OF RACIAL AND ETHNIC SEPARATION AS AN ORGANIZING PRINCIPLE OF OUR ECONOMY, POLITICS AND SOCIAL CIRCLES. EQUALITY IS CREATED AND SUSTAINED IN COMMUNITIES THROUGH EQUAL ACCESS TO GOOD SCHOOLS, HOUSING AND ECONOMIC OPPURTUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emilio S Panasci Co Exec. Dir | 20 | $0 | |
Harold Adams Director | 5 | $0 | |
Eric D Dobson Co Exec. Dir. | 20 | $0 | |
Hans Peter Director | 5 | $0 | |
Donald DE Marco Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,269 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30 |
| Total Revenue | $39,299 |
| 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 | $3,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,780 |
| Total expenses | $18,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,182 |
| Other assets | $0 |
| Total assets | $30,182 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,182 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fund For An Open Society has recieved totaling $11,950.
| Awarding Organization | Amount |
|---|---|
In Our Backyards Inc Brooklyn, NY PURPOSE: TO SUPPORT PROJECT: SWAG PROJECT | $5,975 |
In Our Backyards Inc Brooklyn, NY PURPOSE: TO SUPPORT PROJECT: SWAG PROJECT | $5,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Webster Apartments Congers, NY | $14,551,827 | $6,588,397 |
Utility Emergency Services Fund Philadelphia, PA | $5,623,500 | $5,804,088 |
Rental Assistance Corporation Of Buffalo Buffalo, NY | $7,021,377 | $3,957,549 |
Westside Ministries Inc Buffalo, NY | $1,861,315 | $3,049,976 |
Niagara Falls Neighborhood Housing Services Inc Niagara Falls, NY | $3,221,959 | $1,818,977 |
Northfield Community Ldc Of Staten Island Inc Staten Island, NY | $972,612 | $2,043,555 |
Community Capital New York Inc Elmsford, NY | $13,076,152 | $2,371,640 |
Neighborhood Housing Services Of South Buffalo Inc Buffalo, NY | $968,626 | $1,343,881 |
Cdcli Housing Development Fund Corporation Centereach, NY | $15,223,458 | $1,844,244 |
Long Island Partnership Clt Housing Development Fund Company Inc Hauppauge, NY | $2,104,199 | $132,362 |
Allegheny Council To Improve Our Neighborhood Housing Incorporated East Pittsburgh, PA | $0 | $1,407,000 |
Neighborhood Housing Services Of Staten Island Inc Staten Island, NY | $519,555 | $353,240 |