Consortium Networks Foundation Inc
- Assets
- $26.2k
- Revenue
- $45.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Medford, NJ
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-0596287
Organization Overview
Consortium Networks Foundation Inc is located in Medford, NJ. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Consortium Networks 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, Consortium Networks Foundation Inc generated $45.0k in total revenue.
Since 2021, Consortium Networks Foundation Inc has awarded 23 individual grants totaling $156,093. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Pfeifer President | 1 | $0 | |
Heather Pfeifer Secretary | 2.5 | $36,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,000 |
| Interest on Savings | $0 |
| 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 | $0 |
| Other Income | $0 |
| Total Revenue | $45,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,667 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,055 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,610 |
| Total operating and administrative expenses | $49,332 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $69,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,236 |
| Savings and temporary cash investments | $0 |
| 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 | $26,236 |
| Accounts payable and accrued expenses | $0 |
| 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 | $292 |
| Total liabilities | $292 |
Grants Awarded
Over the last fiscal year, Consortium Networks Foundation Inc has awarded $20,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LUCY OUTREACH PURPOSE: TO HELP PROVIDE SCHOLARSHIPS FOR INNER CITY YOUTH. | $5,000 |
SPECIAL OLYMPICS NJ PURPOSE: GOLD OUTING SPONSORSHIP DONATION. | $5,000 |
CHEE SANTONE MEMORIAL GOLF TOURNMENT PURPOSE: 100% DONATION TO SUPPORT THE CHARITY IN RISING MONEY FOR CANCER. | $2,500 |
FBIAA PURPOSE: TO SUPPORT FBI AGENTS AND FAMILY MEMBERS WHO ARE IN NEED. | $2,500 |
LEAD FOUNDATION PURPOSE: TO EDUCATE STUDENTS ON DRUG USE. | $5,000 |