Civic Intelligence

Eclc Foundation a New Jersey Non Profit Corporation

990 • Fiscal year 2021 • EIN 22-3280013

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

100 Passaic AvenueChatham, NJ 07928

(973) 635-1705

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

49th percentile

12%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

57th percentile

13%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,980,718

Up $574,372 (+13%) from 2020

Net Assets

Up

$4,928,095

Up $689,544 (+16%) from 2020

Liabilities

Down

$52,623

Down $115,172 (-69%) from 2020

Revenue

Down

$465,390

Down $147,849 (-24%) from 2020

Expenses

Down

$410,794

Down $53,757 (-12%) from 2020

Net Income

Down

$54,596

Down $94,092 (-63%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,095,957Liabilities 2010: $15,252Net Assets 2010: $2,080,7052010Assets 2011: $2,583,205Liabilities 2011: $24,033Net Assets 2011: $2,559,1722011Assets 2012: $2,525,050Liabilities 2012: $42,713Net Assets 2012: $2,482,3372012Assets 2013: $2,631,787Liabilities 2013: $36,241Net Assets 2013: $2,595,5462013Assets 2014: $2,761,702Liabilities 2014: $120,922Net Assets 2014: $2,640,7802014Assets 2015: $2,941,488Liabilities 2015: $58,858Net Assets 2015: $2,882,6302015Assets 2016: $2,999,399Liabilities 2016: $87,290Net Assets 2016: $2,912,1092016Assets 2017: $3,168,586Liabilities 2017: $80,679Net Assets 2017: $3,087,9072017Assets 2018: $3,802,821Liabilities 2018: $88,449Net Assets 2018: $3,714,3722018Assets 2019: $4,184,951Liabilities 2019: $135,147Net Assets 2019: $4,049,8042019Assets 2020: $4,406,346Liabilities 2020: $167,795Net Assets 2020: $4,238,5512020Assets 2021: $4,980,718Liabilities 2021: $52,623Net Assets 2021: $4,928,0952021Assets 2022: $4,760,880Liabilities 2022: $115,886Net Assets 2022: $4,644,9942022Assets 2023: $5,172,714Liabilities 2023: $76,960Net Assets 2023: $5,095,7542023Assets 2024: $5,718,773Liabilities 2024: $68,361Net Assets 2024: $5,650,4122024

Highlighted filing

2021

Assets$4,980,718
Liabilities$52,623
Net Assets$4,928,095

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $317,9252010Expenses 2011: $386,9082011Expenses 2012: $465,8712012Revenue 2013: $520,447Expenses 2013: $626,878Net Income 2013: -$106,4312013Revenue 2014: $813,394Expenses 2014: $991,339Net Income 2014: -$177,9452014Revenue 2015: $789,444Expenses 2015: $502,351Net Income 2015: $287,0932015Revenue 2016: $718,451Expenses 2016: $666,257Net Income 2016: $52,1942016Revenue 2017: $796,750Expenses 2017: $836,552Net Income 2017: -$39,8022017Revenue 2018: $1,250,937Expenses 2018: $758,714Net Income 2018: $492,2232018Revenue 2019: $779,847Expenses 2019: $545,327Net Income 2019: $234,5202019Revenue 2020: $613,239Expenses 2020: $464,551Net Income 2020: $148,6882020Revenue 2021: $465,390Expenses 2021: $410,794Net Income 2021: $54,5962021Revenue 2022: $479,409Expenses 2022: $500,158Net Income 2022: -$20,7492022Revenue 2023: $638,133Expenses 2023: $524,997Net Income 2023: $113,1362023Revenue 2024: $641,673Expenses 2024: $532,715Net Income 2024: $108,9582024

Highlighted filing

2021

Revenue$465,390
Expenses$410,794
Net Income$54,596
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.0
Gross Receipts
$472,232
Mission and Program Overview

Mission

The foundation exists to help foster educational and charitable purposes of eclc of new jersey, inc., community personnel services, inc., and eclc of new jersey pride day program, a new jersey nonprofit corporation. Additionally, the organization provides scholarships, after-school programming, adult weekend programs and enrichment programs.

The foundation exists to help foster educational and charitable purposes of eclc of new jersey, inc., community personnel services, inc., and eclc of new jersey pride day program, a new jersey nonprofit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,551,371$2,209,446▲ $658,075
Savings and Temporary Cash Investments$2,056,639$2,122,739▲ $66,100
Cash and Non-Interest-Bearing Accounts$577,537$571,669▼ $5,868
Other Notes and Loans Receivable, Net$73,191$32,499▼ $40,692
Pledges and Grants Receivable$37,500$20,050▼ $17,450
Inventories for Sale or Use$88,301$9,020▼ $79,281
Prepaid Expenses and Deferred Charges$12,706$8,351▼ $4,355
Land, Buildings, and Equipment, Net$7,811$5,389▼ $2,422
Accounts Receivable$1,290$1,555▲ $265
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$4,406,346$4,980,718▲ $574,372
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$63,237$37,686▼ $25,551
Other Liabilities$16,732$14,823▼ $1,909
Deferred Revenue$87,826$114▼ $87,712
Total Liabilities$167,795$52,623▼ $115,172
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,181,912$2,805,356▲ $623,444
Net Assets With Donor Restrictions$2,056,639$2,122,739▲ $66,100
Total Net Assets Fund Balance$4,238,551$4,928,095▲ $689,544
Total Liabilities and Net Assets / Fund Balance$4,406,346$4,980,718▲ $574,372

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,686$13,211$18,897
Leasehold Improvements$-297$6,517$6,220
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Allison WeidemanPsychologist$222$142,941$143,163
Peter PetrouExecutive Director$34,450$1,013$34,450
Vicki LindorffPrincipal$11,609$211,342$12,622
Jean EarleCFO$9,480$1,421$10,901
Revenue and Support

Revenue Composition

Contributions and Grants
$399,304
Program Service Revenue
$0
Investment Income
$32,885
Other Revenue
$33,201
All Other Contributions
$399,304
Change in Net Assets
$54,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$465,390
Revenue Not Reported on Form 990
$641,790
Total Revenue per Audited Statements
$1,107,180
Total Revenue per Form 990
$465,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$280,553
Total Fundraising Expense$192,431
Other Expenses$130,241
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,344$44,317$120,012$184,673
Payments to Affiliates$66,307--$66,307
Current Officers, Directors, Trustees, and Key Employees$4,081$11,338$29,932$45,351
Fees for Services Other$372$22,933$6,090$29,395
Other Employee Benefits$3,165$14,331$10,052$27,548
Payroll Taxes$2,293-$12,157$14,450
Pension Plan Contributions$938$4,437$3,156$8,531
Other Expenses$1,359$323$1,530$2,889
Depreciation Depletion$257$586$1,579$2,422
All Other Expenses--$2,049$2,049
Advertising--$39$39
Total Functional Expenses$120,098$98,265$192,431$410,794

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$417,636
Expenses per Audited Statements$410,794
Total Expenses per Form 990$410,794
Expenses Not Reported on Form 990$6,842
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,043
Fundraising Direct Expenses$6,842
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$40,043$40,043-$40,043
Total Events$40,043$40,043$6,842$33,201
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
VariousBoard MemberLegalNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payables$14,823
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The full board receives a copy of the 990 before it is filed which has been reviewed and approved by management

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is reviewed annually by the board of trustees for any possible conflicts.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation for executive director and top management is determined by the board of trustees.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation review and approval of key employees is determined by the executive director, and is based upon approved budgets. Market data is utilized upon hiring, and job descriptions based on evaluation are utilized for annual/merit increases.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, policies, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Eclc Foundation
EIN
22-3280013
Phone
9736351705
Address
100 PASSAIC AVENUE, CHATHAM, NJ 07928

Signing Officer

Name
Peter Petrou
Title
Executive Director
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Nj
Voting Board Members
18
Independent Board Members
18
Employees
52
Volunteers
35

Preparer

Firm
Cullari Carrico LLC
Address
55 Lane Road Ste 300, Fairfield, NJ 07004
Preparer
Robert J Valas
Phone
9734063955
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

THE ORGANIZATION ADHERES TO FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE AND CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATIONS FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. FOR THE YEARS ENDED JUNE 30, 2021 and 2020, THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

To gross up fundraising $6842

Part XII, Line 2D: Other expenses and losses per audited F/S

To gross up fundraising $6842

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt3PSYCHOLOGIST
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEM. EMER
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$0.07$5.65$0.64$0.53$0.11
2023Summary only. Only limited summary data is available for this year.$5.17$0.08$5.10$0.64$0.52$0.11
2022Summary only. Only limited summary data is available for this year.$4.76$0.12$4.64$0.48$0.50$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.98$0.05$4.93$0.47$0.41$0.05
2020Summary only. Only limited summary data is available for this year.$4.41$0.17$4.24$0.61$0.46$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.14$4.05$0.78$0.55$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.09$3.71$1.25$0.76$0.49
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.08$3.09$0.80$0.84$0.04
2016Summary only. Only limited summary data is available for this year.$3.00$0.09$2.91$0.72$0.67$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.94$0.06$2.88$0.79$0.50$0.29
2014Detailed filing. Detailed filing data is available for this year.$2.76$0.12$2.64$0.81$0.99$0.18
2013Summary only. Only limited summary data is available for this year.$2.63$0.04$2.60$0.52$0.63$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.04$2.48$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.02$2.56$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.02$2.08$0.32