Lake Mohawk German Christmas Market Foundation Inc
- Assets
- $95.1k
- Revenue
- $308.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sparta, NJ
- Founding
- 04/2018
- Data as of
- 03/2022
- EIN
- 82-1674581
Organization Overview
Lake Mohawk German Christmas Market Foundation Inc is located in Sparta, NJ. The organization was established in 2018. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, 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. Lake Mohawk German Christmas Market 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 03/2022, Lake Mohawk German Christmas Market Foundation Inc generated $308.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $265.7k during the year ending 03/2022. While expenses have increased by 14.4% per year over the past 4 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 2019, Lake Mohawk German Christmas Market Foundation Inc has awarded 69 individual grants totaling $156,200. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S ONLY DIRECT CHARITABLE ACTIVITY IS CONDUCTING THE ANNUAL GERMAN CHRISTMAS MARKET THE FIRST WEEKEND IN DECEMBER. THE EVENT FEATURES VENDORS SELLING CRAFTS, CLOTHING AND AUTHENTIC GERMAN CUISINE. THERE ARE ALSO ACTIVITES FOR CHILDREN INCLUDING VISITS WITH SANTA. THE EVENT DRAWS APPROXIMATELY 30,000 PEOPLE OVER THE WEEKEND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Beelaert Vice President | 10 | $0 | |
Sabine Watson President | 10 | $0 | |
Dawnice Lafave Treasurer | 10 | $0 | |
Margaret Anderson Trustee | 10 | $0 | |
Karin Meyer Trustee | 10 | $0 | |
Catherine Kut Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,593 |
| Interest on Savings | $17 |
| 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 | $80,797 |
| Other Income | $194,989 |
| Total Revenue | $308,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $22,900 |
| Travel, conferences, and meetings | $254 |
| Printing and publications | $0 |
| Other expenses | $167,551 |
| Total operating and administrative expenses | $190,705 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $265,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,291 |
| Savings and temporary cash investments | $34,792 |
| Net Accounts receivable | $0 |
| 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 | $95,083 |
| Accounts payable and accrued expenses | $677 |
| 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 | $677 |
Grants Awarded
Over the last fiscal year, Lake Mohawk German Christmas Market Foundation Inc has awarded $75,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
MANNA HOUSE INC PURPOSE: SUPPORT FOR ORGANIZATION WHICH PROVIDES A FREE DAILY MEAL TO HOMELESS, ELDERLY, ETC. | $4,400 |
KAREN ANN QUINLAN MEMORIAL FOUNDATI PURPOSE: TO SERVE HOSPICE PATIENTS IN NORTHWEST NEW JERSEY. | $4,400 |
SPARTA BOARD OF ED GERMAN DEPT PURPOSE: SCHOLARSHIP AWARDS TO GERMAN LANGUAGE STUDENTS. | $4,400 |
Newton, NJ PURPOSE: FAMILY SHELTER PROGRAM - PROVIDE PAID SHELTER NIGHTS FOR CLIENTS. | $4,400 |
UNITED WAY OF NORTHERN NJ INC PURPOSE: SUPPORT ALICE - EARLY CHILDHOOD EDUCATION SCHOLARSHIPS. | $4,400 |
Newton, NJ PURPOSE: HEALTH AND WELLNESS PROGRAM: DENTAL - PROVIDE EXAMS, X-RAYS, CLEANING AND OTHER DENTAL WORK FOR UNDERPRIVILEGED CHILDREN. | $4,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Delaware Community Foundation Wilmington, DE | $375,445,649 | $92,895,086 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |
Central New York Community Foundation Inc Syracuse, NY | $395,864,792 | $49,020,873 |
Princeton Area Community Foundation Inc Lawrenceville, NJ | $266,456,755 | $20,796,965 |
Erie Community Foundation Erie, PA | $290,579,169 | $26,731,197 |