Samuel D J Cali Foundation Inc is located in Towaco, NJ. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel D J Cali Foundation 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, Samuel D J Cali Foundation Inc generated $20.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $16.1k during the year ending 12/2023. 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
SCHOLARSHIPS AWARDED
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Cali Sr President | 30 | $0 | |
Michael J Cali Jr Vice President | 20 | $0 | |
Dominick Cali Trustee | 1 | $0 | |
Patricia Cali Trustee | 1 | $0 | |
Michael Pecci Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,145 |
| Other Revenue | $0 |
| Total Revenue | $20,167 |
| 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 | $2,935 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $621 |
| Total expenses | $16,056 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,119 |
| Other assets | $0 |
| Total assets | $159,119 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,119 |