Civic Intelligence

The Lake Hopatcong Foundation a New Jersey Nonprofit Corporation

990 • Fiscal year 2014 • EIN 45-4894683

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 20, 2015

Organization Profilewww.lakehopatcongfoundation.org
37 Nolans Point Park RoadLake Hopatcong, NJ 07849

(973) 509-7500

Siviq Scores

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

Liabilities / Assets

81st percentile

0.34x

Higher debt load relative to assets than 81% of similar nonprofits.

2014 filings • NTEE N • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.65x

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

2014 filings • NTEE N • $500k-$1M nonprofits • Source year 2014

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2014 filings • NTEE N • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

77th percentile

$36,667

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2014 filings • NTEE N • $500k-$1M nonprofits • Source year 2014

Asset Growth

90th percentile

83%

Faster asset growth than 90% of similar nonprofits.

2014 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

69th percentile

15%

Faster revenue growth than 69% of similar nonprofits.

2014 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$798,415

Up $361,457 (+83%) from 2013

Net Assets

Up

$523,215

Up $94,257 (+22%) from 2013

Liabilities

Up

$275,200

Up $267,200 (+3340%) from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin77th percentile

Revenue

Up

$424,293

Up $54,199 (+15%) from 2013

Expenses

Up

$330,036

Up $99,810 (+43%) from 2013

Net Income

Down

$94,257

Down $45,611 (-33%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $290,217Liabilities 2012: $1,127Net Assets 2012: $289,0902012Assets 2013: $436,958Liabilities 2013: $8,000Net Assets 2013: $428,9582013Assets 2014: $798,415Liabilities 2014: $275,200Net Assets 2014: $523,2152014Assets 2015: $1,119,067Liabilities 2015: $105,935Net Assets 2015: $1,013,1322015Assets 2016: $1,437,402Liabilities 2016: $73,622Net Assets 2016: $1,363,7802016Assets 2017: $2,017,482Liabilities 2017: $79,571Net Assets 2017: $1,937,9112017Assets 2018: $2,578,389Liabilities 2018: $202,734Net Assets 2018: $2,375,6552018Assets 2019: $2,451,384Liabilities 2019: $39,933Net Assets 2019: $2,411,4512019Assets 2020: $2,344,780Liabilities 2020: $19,147Net Assets 2020: $2,325,6332020Assets 2021: $2,545,308Liabilities 2021: $66,926Net Assets 2021: $2,478,3822021Assets 2022: $2,769,353Liabilities 2022: $61,411Net Assets 2022: $2,707,9422022Assets 2023: $2,777,669Liabilities 2023: $43,750Net Assets 2023: $2,733,9192023Assets 2024: $2,637,543Liabilities 2024: $16,652Net Assets 2024: $2,620,8912024

Highlighted filing

2014

Assets$798,415
Liabilities$275,200
Net Assets$523,215
Open 2014 Filing

Operations Trend

Revenue Growth69th percentile

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

$1.0M$500K$0-$500KRevenue 2012: $345,130Expenses 2012: $56,040Net Income 2012: $289,0902012Revenue 2013: $370,094Expenses 2013: $230,226Net Income 2013: $139,8682013Revenue 2014: $424,293Expenses 2014: $330,036Net Income 2014: $94,2572014Revenue 2015: $893,304Expenses 2015: $403,387Net Income 2015: $489,9172015Revenue 2016: $704,780Expenses 2016: $354,132Net Income 2016: $350,6482016Revenue 2017: $960,498Expenses 2017: $386,367Net Income 2017: $574,1312017Revenue 2018: $870,585Expenses 2018: $432,841Net Income 2018: $437,7442018Revenue 2019: $584,859Expenses 2019: $555,609Net Income 2019: $29,2502019Revenue 2020: $527,187Expenses 2020: $613,005Net Income 2020: -$85,8182020Revenue 2021: $676,963Expenses 2021: $524,214Net Income 2021: $152,7492021Revenue 2022: $818,317Expenses 2022: $588,757Net Income 2022: $229,5602022Revenue 2023: $699,824Expenses 2023: $673,847Net Income 2023: $25,9772023Revenue 2024: $684,553Expenses 2024: $797,581Net Income 2024: -$113,0282024

Highlighted filing

2014

Revenue$424,293
Expenses$330,036
Net Income$94,257
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 20, 2015
Return Version
2014v5.0
Gross Receipts
$454,033
Mission and Program Overview

Mission

Focusing on enhancing the Lake Hopatcong environment and experience, with efforts that include water quality, public safety, lake education, community cohesiveness, historical preservation, environmental protection and public information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,141$451,663▲ $433,522
Savings and Temporary Cash Investments$396,592$222,034▼ $174,558
Cash and Non-Interest-Bearing Accounts$22,225$111,985▲ $89,760
Pledges and Grants Receivable-$12,733-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$436,958$798,415▲ $361,457
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$264,308-
Deferred Revenue$8,000$8,495▲ $495
Accounts Payable and Accrued Expenses-$2,397-
Total Liabilities$8,000$275,200▲ $267,200
Net Assets / Fund Balance
Unrestricted Net Assets$428,958$473,727▲ $44,769
Temporarily Rstr Net Assets-$49,488-
Total Net Assets Fund Balance$428,958$523,215▲ $94,257
Total Liabilities and Net Assets / Fund Balance$436,958$798,415▲ $361,457

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$445,617-$445,617
Equipment$6,046$21,164$27,210

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014-$245,610-$196,122$49,488
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jessica MurphyPresidentFT$36,667$36,667

Board Members and Trustees

NameTitle
Martin KaneChairman
Bela SzigethyTrustee
Rebecca RubensteinTrustee
Thomas FlinnTrustee
John YinglingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$333,077
Program Service Revenue
$0
Investment Income
$276
Other Revenue
$90,940
All Other Contributions
$325,077
Change in Net Assets
$94,257

Audited Revenue Reconciliation

Revenue per Audited Statements
$424,293
Revenue Not Reported on Form 990
$41,110
Total Revenue per Audited Statements
$465,403
Total Revenue per Form 990
$424,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,130
Salaries, Compensation, and Employee Benefits$153,906
Total Fundraising Expense$42,371
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,787$25,512$14,817$88,116
Current Officers, Directors, Trustees, and Key Employees$20,167$10,267$6,233$36,667
Other Employee Benefits$8,775$4,467$2,713$15,955
Occupancy$11,207$1,204$2,165$14,576
Fees for Services Other-$13,652-$13,652
Payroll Taxes$7,242$3,687$2,239$13,168
Depreciation Depletion$6,599$3,453$2,043$12,095
Office Expenses$1,262$6,730$2,415$10,407
All Other Expenses$3,229$4,894$874$8,997
Interest$6,122--$6,122
Grants to Domestic Orgs$5,000--$5,000
Other Expenses$2,113$2,019$532$4,664
Insurance$1,078$542$321$1,941
Total Functional Expenses$203,250$84,415$42,371$330,036

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$371,146
Expenses per Audited Statements$330,036
Total Expenses per Form 990$330,036
Expenses Not Reported on Form 990$41,110
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$120,680
Fundraising Direct Expenses$29,740
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$62,765$62,765$9,539$53,226
Bike Challenge$27,464$27,464$2,132$25,332
Total Events$115,987$115,987$28,925$87,062
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
Bela Szigethytrusteeloan paid in fullNo$250,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

“Treasurer reviews Form 990 prior to filing.”

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

“Board president annually reviews disclosures for any potential conflicts of interst”

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

“The Board determined the Executive Director's salary based on similar positions in similar organizations.”

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

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Lake Hopatcong Foundation
EIN
45-4894683
Phone
9735097500
Address
37 Nolans Point Park Road, Lake Hopatcong, NJ 07849

Signing Officer

Name
Jessica Murphy
Title
President
Signed
2015-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Murphy
Formed
2012
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
400

Preparer

Firm
Caristia Kulsar & Wade LLC
Address
336 Sparta Ave, Sparta, NJ 07871
Preparer
Joseph T Reed CPA
Phone
9737298968
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: historical preservation, environmental protection and public information services”

Financial Statement Notes

Part X : FIN48 Footnote

“The Foundation qualifies as a tax-exempt organization under Internal Revenue Code Section 501(c)(3) and State of New Jersey Title 15, New Jersey Nonprofit Corporation Act. Accordingly, the Foundation is exempt from federal and state income taxes. These sections enable the Foundation to accept donations, which qualify as charitable contributions to the donor. The Foundation is not classified as a private foundation.The Foundation follows Accounting for Uncertainty in Income Taxes, in accordance with GAAP. The determination of uncertain tax positions uses tax judgments which are based on the requirements for maintaining tax-exempt status and on the filing of various information returns.The Foundations Form 990, Return of Organization Exempt from Income Tax, for the years ended December 31, 2011, 2012, and 2013 are subject to examination by the IRS, generally for three years after they were filed. Also, the Foundations New Jersey Form CRI-300R, Long Form Renewal Registration Statement for the years ending December 31, 2010, 2011, 2012, and 2013 are subject to examination by the State, generally for four years after they were filed.”

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

“Special Event Expenses $29740”

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

“Special Event Expenses $29740”

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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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IRS990/OfficeExpensesGrp/ProgramServicesAmt01262
IRS990/OfficeExpensesGrp/TotalAmt010407
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02713
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04467
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08775
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015955
IRS990/OtherExpensesGrp/Desc0LHF Projects & Initiatives
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/FundraisingAmt06167
IRS990/OtherExpensesGrp/FundraisingAmt11852
IRS990/OtherExpensesGrp/FundraisingAmt2532
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06742
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11246
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22019
IRS990/OtherExpensesGrp/ProgramServicesAmt075014
IRS990/OtherExpensesGrp/ProgramServicesAmt176
IRS990/OtherExpensesGrp/ProgramServicesAmt27579
IRS990/OtherExpensesGrp/ProgramServicesAmt32113
IRS990/OtherExpensesGrp/TotalAmt075014
IRS990/OtherExpensesGrp/TotalAmt112985
IRS990/OtherExpensesGrp/TotalAmt210677
IRS990/OtherExpensesGrp/TotalAmt34664
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014817
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025512
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047787
IRS990/OtherSalariesAndWagesGrp/TotalAmt088116
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02239
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03687
IRS990/PayrollTaxesGrp/ProgramServicesAmt07242
IRS990/PayrollTaxesGrp/TotalAmt013168
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012733
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jessica Murphy
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Police Patrols - Working with the New Jersey State Police and the Morris County Sheriff's Office to add police patrols to the lake at key times when traffic is high and when no patrols would otherwise be taking place. Police were focused on quality-of-life issues, such as speeding, excessive noise, DUI, etc.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022524
IRS990/ProgSrvcAccomActy3Grp/Desc0Water Quality - Prevented a gap in water quality monitoring to keep track of the health of Lake Hopactong's waters and ensure the lake is eligible for certain storm water management grants. Monitoring continued throughout the summer growing season of 2013, with a detailed quality report generated by the environmental consulting firm at the end of the year.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010404
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0332130
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0370
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0111088
IRS990/PYOtherRevenueAmt037594
IRS990/PYRevenuesLessExpensesAmt0139868
IRS990/PYSalariesCompEmpBnftPaidAmt0119138
IRS990/PYTotalExpensesAmt0230226
IRS990/PYTotalRevenueAmt0370094
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt094257
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0396592
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0222034
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0426105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0369723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344828
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01140656
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0370
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0302
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0948
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0713488
IRS990ScheduleA/SubstantialContributorsTotAmt0427168
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0426105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0369723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344828
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01140656
IRS990ScheduleA/TotalSupportAmt01141604
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0445617
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0445617
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0245610
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt049488
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0196122
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt011370
IRS990ScheduleD/DonatedServicesUseFcltsAmt011370
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06046
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021164
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027210
IRS990ScheduleD/ExpensesNotReportedAmt041110
IRS990ScheduleD/ExpensesSubtotalAmt0330036
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt029740
IRS990ScheduleD/OtherRevenueAmt029740
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt041110
IRS990ScheduleD/RevenueSubtotalAmt0424293
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation qualifies as a tax-exempt organization under Internal Revenue Code Section 501(c)(3) and State of New Jersey Title 15, New Jersey Nonprofit Corporation Act. Accordingly, the Foundation is exempt from federal and state income taxes. These sections enable the Foundation to accept donations, which qualify as charitable contributions to the donor. The Foundation is not classified as a private foundation.The Foundation follows Accounting for Uncertainty in Income Taxes, in accordance with GAAP. The determination of uncertain tax positions uses tax judgments which are based on the requirements for maintaining tax-exempt status and on the filing of various information returns.The Foundations Form 990, Return of Organization Exempt from Income Tax, for the years ended December 31, 2011, 2012, and 2013 are subject to examination by the IRS, generally for three years after they were filed. Also, the Foundations New Jersey Form CRI-300R, Long Form Renewal Registration Statement for the years ending December 31, 2010, 2011, 2012, and 2013 are subject to examination by the State, generally for four years after they were filed.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Special Event Expenses $29740
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Special Event Expenses $29740
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0451663
IRS990ScheduleD/TotalExpensesPerForm990Amt0330036
IRS990ScheduleD/TotalRevenuePerForm990Amt0424293
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0465403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0371146
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028925
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Bike Challenge
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt062765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027464
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt025758
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0115987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt062765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt027464
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt025758
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0115987
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt087062
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt017254
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt028925
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09539
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02132
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Bela Szigethy
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0trustee
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0250000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0loan paid in full
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(Part IV line 1) The Foundation received a loan in the amount of $250,000 from a member of the board of trustees during 2014. The loan was paid in full during 2014 and therefore there is no outstanding balance as of 12/31/14.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$798,415
Liabilities
$275,200
Net assets
$523,215
Revenue
$424,293
Expenses
$330,036
Net income
$94,257
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.02$2.62$0.68$0.80$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.04$2.73$0.70$0.67$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.06$2.71$0.82$0.59$0.23
2021Detailed filing. Detailed filing data is available for this year.$2.55$0.07$2.48$0.68$0.52$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.34$0.02$2.33$0.53$0.61$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.45$0.04$2.41$0.58$0.56$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.58$0.20$2.38$0.87$0.43$0.44
2017Detailed filing. Detailed filing data is available for this year.$2.02$0.08$1.94$0.96$0.39$0.57
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.07$1.36$0.70$0.35$0.35
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.11$1.01$0.89$0.40$0.49
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.28$0.52$0.42$0.33$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.37$0.23$0.14
2012Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.35$0.06$0.29