Civic Intelligence

Eclc Foundation a New Jersey Non Profit Corporation

990 • Fiscal year 2022 • EIN 22-3280013

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

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

61st percentile

0.02x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.24x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2022

Net Margin

32nd percentile

-4.3%

Higher net margin than 32% of similar nonprofits.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

96th percentile

$263,117

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 54.9% of source-year revenue.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2022

Asset Growth

37th percentile

-4.4%

Faster asset growth than 37% of similar nonprofits.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • NTEE T30 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$4,760,880

Flat from 2022

Net Assets

Flat

$4,644,994

Flat from 2022

Liabilities

Flat

$115,886

Flat from 2022

Revenue

Flat

$479,409

Flat from 2022

Expenses

Flat

$500,158

Flat from 2022

Net Income

Flat

-$20,749

Flat from 2022

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 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

2022

Assets$4,760,880
Liabilities$115,886
Net Assets$4,644,994

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 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

2022

Revenue$479,409
Expenses$500,158
Net Income-$20,749
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$512,529
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$2,209,446$2,280,256▲ $70,810
Savings and Temporary Cash Investments$2,122,739$2,073,458▼ $49,281
Cash and Non-Interest-Bearing Accounts$571,669$335,670▼ $235,999
Accounts Receivable$1,555$60,736▲ $59,181
Other Notes and Loans Receivable, Net$32,499$0▼ $32,499
Prepaid Expenses and Deferred Charges$8,351$4,109▼ $4,242
Land, Buildings, and Equipment, Net$5,389$3,233▼ $2,156
Inventories for Sale or Use$9,020$2,118▼ $6,902
Pledges and Grants Receivable$20,050$1,300▼ $18,750
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$4,980,718$4,760,880▼ $219,838
Other Assets Total-$0-
Liabilities
Other Liabilities$14,823$67,878▲ $53,055
Accounts Payable and Accrued Expenses$37,686$40,291▲ $2,605
Deferred Revenue$114$7,717▲ $7,603
Total Liabilities$52,623$115,886▲ $63,263
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,805,356$2,413,914▼ $391,442
Net Assets With Donor Restrictions$2,122,739$2,231,080▲ $108,341
Total Net Assets Fund Balance$4,928,095$4,644,994▼ $283,101
Total Liabilities and Net Assets / Fund Balance$4,980,718$4,760,880▼ $219,838

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,233$15,664$18,897
Leasehold Improvements-$6,220$6,220
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judith McgrathTeacher-$2,343$145,699$148,042
Peter PetrouExecutive Director-$17,790$929$20,546
Jean EarleCFO-$13,307$758$14,065
Vicki LindorffPrincipalFT$11,304$212,243$12,233
Mary RooneyOccup. TherapistPT$180$2,756$180
Revenue and Support

Revenue Composition

Contributions and Grants
$409,720
Program Service Revenue
$0
Investment Income
$28,487
Other Revenue
$41,202
All Other Contributions
$404,220
Change in Net Assets
$-20,749

Audited Revenue Reconciliation

Revenue per Audited Statements
$479,409
Revenue Not Reported on Form 990
$-243,334
Total Revenue per Audited Statements
$236,075
Total Revenue per Form 990
$479,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,443
Total Fundraising Expense$223,058
Other Expenses$190,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,671$50,346$121,082$220,099
Payments to Affiliates$67,366--$67,366
Fees for Services Other$902$24,373$41,091$66,366
Current Officers, Directors, Trustees, and Key Employees$10,729$7,268$16,613$34,610
Other Employee Benefits$7,005$16,620$7,045$30,670
Payroll Taxes$5,247-$11,192$16,439
Conferences and Meetings-$8,295-$8,295
Pension Plan Contributions$2,364$1,601$3,660$7,625
Other Expenses$1,360$2,037$5,094$5,094
All Other Expenses--$2,959$2,959
Depreciation Depletion$503$488$1,165$2,156
Travel--$646$646
Advertising--$503$503
Total Functional Expenses$166,072$111,028$223,058$500,158

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$519,176
Expenses per Audited Statements$500,158
Total Expenses per Form 990$500,158
Expenses Not Reported on Form 990$19,018
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,220
Fundraising Direct Expenses$19,018
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$65,720$60,220-$60,220
Total Events$65,720$60,220$19,018$41,202
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$67,878
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
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Nj
Voting Board Members
18
Independent Board Members
18
Employees
61
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, 2022 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 $19018

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

To gross up fundraising $19018

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt3OCCUP. THERAPIST
IRS990/Form990PartVIISectionAGrp/TitleTxt4TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
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/TitleTxt18BOARD MEM. EMER
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt05500
IRS990/FundraisingDirectExpensesAmt019018
IRS990/FundraisingGrossIncomeAmt060220
IRS990/GainOrLossGrp/SecuritiesAmt0-14102
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09020
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02118
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt042589
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02209446
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02280256
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021884
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05389
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03233
IRS990/LandBldgEquipCostOrOtherBssAmt025117
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014102
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt041202
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02413914
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016620
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07005
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IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1AWARDS
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/FundraisingAmt13096
IRS990/OtherExpensesGrp/FundraisingAmt24045
IRS990/OtherExpensesGrp/FundraisingAmt35094
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02037
IRS990/OtherExpensesGrp/ProgramServicesAmt012793
IRS990/OtherExpensesGrp/ProgramServicesAmt19132
IRS990/OtherExpensesGrp/ProgramServicesAmt21360
IRS990/OtherExpensesGrp/TotalAmt019697
IRS990/OtherExpensesGrp/TotalAmt112228
IRS990/OtherExpensesGrp/TotalAmt25405
IRS990/OtherExpensesGrp/TotalAmt35094
IRS990/OtherLiabilitiesGrp/BOYAmt014823
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt048671
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt011192
IRS990/PayrollTaxesGrp/ProgramServicesAmt05247

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
2022Detailed filing. Detailed filing data is available for this year.$4.76$0.12$4.64$0.48$0.50$0.02
2022Summary only. Only limited summary data is available for this year.$4.76$0.12$4.64$0.48$0.50$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$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