Civic Intelligence

The Johnny M Foundation Inc

EIN 32-0330390 • 501(c)3 • Cherry Hill, NJ

Profile

The johnny m. Foundation was formed to give opportunities and basic necessities to all children in spite of their life circumstances that would otherwise be beyond their reach. Education, extracurricular activities and fun, should be something that every child should take enjoyment in rather than just for the fortunate.the johnny m. Foundation is committed to all children having access to life's basic necessities during their formative years, as well as opportunities to foster productive lives as they grow into adulthood. Providing building blocks such as nurturing families, paths to quality education, and gateways to recreation and merriment through fun extra-curricular activities enables children whose families face adverse circumstances to enjoy the same quality of life as those more fortunate.

1980 Old Cuthbert RoadCherry Hill, NJ 08034

www.johnnymfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

85th percentile

41%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-85%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$41,971

Up $12,104 (+41%) from 2019

Liabilities

Down

$30

Down $407 (-93%) from 2019

Net Assets

Up

$41,941

Up $12,511 (+43%) from 2019

Revenue

Down

$15,056

Down $83,876 (-85%) from 2019

Expenses

Down

$2,545

Down $82,749 (-97%) from 2019

Net Income

Down

$12,511

Down $1,127 (-8.3%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $144,907Liabilities 2012: $0Net Assets 2012: $144,9072012Assets 2013: $177,832Liabilities 2013: $0Net Assets 2013: $177,8322013Assets 2014: $235,543Liabilities 2014: $7,613Net Assets 2014: $227,9302014Assets 2015: $21,825Liabilities 2015: $3,000Net Assets 2015: $18,8252015Assets 2016: $81,727Liabilities 2016: $0Net Assets 2016: $81,7272016Assets 2017: $19,969Liabilities 2017: $107Net Assets 2017: $19,8622017Assets 2018: $15,972Liabilities 2018: $180Net Assets 2018: $15,7922018Assets 2019: $29,867Liabilities 2019: $437Net Assets 2019: $29,4302019Assets 2020: $41,971Liabilities 2020: $30Net Assets 2020: $41,9412020

Highlighted filing

2020

Assets$41,971
Liabilities$30
Net Assets$41,941

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KExpenses 2012: $178,1522012Revenue 2013: $161,116Expenses 2013: $128,191Net Income 2013: $32,9252013Revenue 2014: $152,930Expenses 2014: $102,832Net Income 2014: $50,0982014Revenue 2015: $116,316Expenses 2015: $325,421Net Income 2015: -$209,1052015Revenue 2016: $68,600Expenses 2016: $5,698Net Income 2016: $62,9022016Revenue 2017: $2,553Expenses 2017: $64,418Net Income 2017: -$61,8652017Revenue 2018: $61,009Expenses 2018: $65,079Net Income 2018: -$4,0702018Revenue 2019: $98,932Expenses 2019: $85,294Net Income 2019: $13,6382019Revenue 2020: $15,056Expenses 2020: $2,545Net Income 2020: $12,5112020

Highlighted filing

2020

Revenue$15,056
Expenses$2,545
Net Income$12,511

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$24,865
Mission and Program Overview

Mission

The johnny m. Foundation was formed to give opportunities and basic necessities to all children in spite of their life circumstances that would otherwise be beyond their reach. Education, extracurricular activities and fun, should be something that every child should take enjoyment in rather than just for the fortunate.the johnny m. Foundation is committed to all children having access to life's basic necessities during their formative years, as well as opportunities to foster productive lives as they grow into adulthood. Providing building blocks such as nurturing families, paths to quality education, and gateways to recreation and merriment through fun extra-curricular activities enables children whose families face adverse circumstances to enjoy the same quality of life as those more fortunate.

To give opportunities and basic necessities to all children in spite of their life circumstances.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,867$41,971▲ $12,104
Rtn Earn Endowment Incm Other Fnds$29,430$41,941▲ $12,511
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$29,867$41,971▲ $12,104
Liabilities
Accounts Payable and Accrued Expenses$437$30▼ $407
Total Liabilities$437$30▼ $407
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,430$41,941▲ $12,511
Total Liabilities and Net Assets / Fund Balance$29,867$41,971▲ $12,104
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MurabitoChairman/treasurer
Patricia MurabitoPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$24,865
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-9,809
All Other Contributions
$4,567
Change in Net Assets
$12,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,000
Other Expenses$545
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,000--$2,000
Office Expenses-$100-$100
Other Expenses-$24-$24
Total Functional Expenses$2,000$545$0$2,545
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,809
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$20,298-$3,949-
Total Events$20,298-$9,809$-9,809
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Section A, Line 2

John murabito, president and chairman, and patricia murabito, secretary and treasurer are married.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 will be provided to the entire board to review before filing.

Form 990, Part VI, Section B, Line 12C

Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, is an interested person. Each interested person upon election or at the time of enactment of the policy shall complete and submit to the board of directors a conflict of interest disclosure statement. Each interested person shall annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to review any disclosed conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization's financial statements, governing documents and conflict of interest policy will be made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Johnny M Foundation Inc
EIN
32-0330390
Phone
8568576215
Address
1980 OLD CUTHBERT ROAD, CHERRY HILL, NJ 08034

Signing Officer

Name
John Murabito
Title
President
Phone
8568576215
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Murabito
Formed
2010
Legal Domicile
Nj
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Friedman Llp
Address
601 ROUTE 73 NORTH SUITE 400, MARLTON, NJ 08053
Preparer
Lee Sheilds
Phone
8568301600
Raw XML Appendix313 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN MURABITO, PRESIDENT AND CHAIRMAN, AND PATRICIA MURABITO, SECRETARY AND TREASURER ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WILL BE PROVIDED TO THE ENTIRE BOARD TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS AN INTERESTED PERSON. EACH INTERESTED PERSON UPON ELECTION OR AT THE TIME OF ENACTMENT OF THE POLICY SHALL COMPLETE AND SUBMIT TO THE BOARD OF DIRECTORS A CONFLICT OF INTEREST DISCLOSURE STATEMENT. EACH INTERESTED PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO REVIEW ANY DISCLOSED CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0545
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02000
IRS990/TotalFunctionalExpensesGrp/TotalAmt02545
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041941
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IRS990/TotalRevenueGrp/ExclusionAmt0-9809
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015056
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01980 OLD CUTHBERT ROAD
IRS990/USAddress/CityNm0CHERRY HILL
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008034
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MURABITO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08568576215
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE JOHNNY M FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0JOHN
ReturnHeader/Filer/EIN0320330390
ReturnHeader/Filer/PhoneNum08568576215
ReturnHeader/Filer/USAddress/AddressLine1Txt01980 OLD CUTHBERT ROAD
ReturnHeader/Filer/USAddress/CityNm0CHERRY HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131610809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRIEDMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 ROUTE 73 NORTH SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARLTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008053
ReturnHeader/PreparerPersonGrp/PhoneNum08568301600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE SHEILDS
ReturnHeader/ReturnTs02021-11-15T12:44:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MURABITO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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