Civic Intelligence

De Satnick Foundation

990EZ • Fiscal year 2022 • EIN 46-2108620

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 27, 2023

1307 Trenton AvenueCape May, NJ 08204

(609) 780-1986

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE T20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE T20 • <$500k nonprofits • Source year 2022

Net Margin

83rd percentile

76%

Higher net margin than 83% of similar nonprofits.

2022 filings • NTEE T20 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE T20 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

47%

Faster asset growth than 87% of similar nonprofits.

2022 filings • NTEE T20 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

-15%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • NTEE T20 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$212,375

Up $68,094 (+47%) from 2021

Net Assets

Up

$212,375

Up $68,094 (+47%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$89,188

Down $15,843 (-15%) from 2021

Expenses

Down

$21,094

Down $44,138 (-68%) from 2021

Net Income

Up

$68,094

Up $28,295 (+71%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $68,446Net Assets 2019: $68,4462019Assets 2020: $104,482Net Assets 2020: $104,4822020Assets 2021: $144,281Liabilities 2021: $0Net Assets 2021: $144,2812021Assets 2022: $212,375Liabilities 2022: $0Net Assets 2022: $212,3752022Assets 2023: $233,485Liabilities 2023: $0Net Assets 2023: $233,4852023Assets 2024: $249,777Liabilities 2024: $0Net Assets 2024: $249,7772024

Highlighted filing

2022

Assets$212,375
Liabilities$0
Net Assets$212,375

Operations Trend

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

$150K$100K$50K$0Revenue 2019: $60,144Expenses 2019: $42,101Net Income 2019: $18,0432019Revenue 2020: $102,488Expenses 2020: $66,452Net Income 2020: $36,0362020Revenue 2021: $105,031Expenses 2021: $65,232Net Income 2021: $39,7992021Revenue 2022: $89,188Expenses 2022: $21,094Net Income 2022: $68,0942022Revenue 2023: $49,442Expenses 2023: $28,332Net Income 2023: $21,1102023Revenue 2024: $59,484Expenses 2024: $43,192Net Income 2024: $16,2922024

Highlighted filing

2022

Revenue$89,188
Expenses$21,094
Net Income$68,094
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$137,956
Mission and Program Overview

Mission

Educate the public about spinal cord injuries, assist and encourage injured victims, help the injured person and family deal with emotional/finamcial impact.provide financial assisstance

The DeSatnick Foundation is committed to encouraging Spinal Cord Injury victims in their recovery by providing education, promoting awareness, helping families cope both financially and emotionally, and networking with other Spinal Cord Injury Foundations to enhance support. The objectives of the Foundation are accomplished through meetings, seminars and conferences that support our mission, literature and publications that emphasize Spinal Cord Injury awareness and fundraising efforts designed to raise money for programs and victims, concentrating our efforts primarily on individuals who reside in Atlantic, Cape May, Cumberland, Ocean and Monmouth Counties in New Jersey.

Program Services

DescriptionGrantsExpenses
Funds awarded to SCI victims and supporting programs.$16,750$16,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad DeSatnickTrustee-$0--
Todd DeSatnickTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Around the Cape Paddle Race$137,820$30,250$48,768$-18,518
Total Events$137,820$30,250$48,768$-18,518
Filing and Contact Details

Filer

Filer Name
DeSatnick Foundation
EIN
46-2108620
Phone
6097801986
Address
1307 Trenton Avenue, Cape May, NJ 08204

Signing Officer

Name
Chad DeSatnick
Title
Trustee
Phone
6097801986
Signed
2023-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Capaldi Reynolds & Pelosi PA
Address
332 Tilton Road, Northfield, NJ 08225
Preparer
Jeffrey A Wilson
Phone
6096414000
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 17.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Awards & Grants. Grantee Name: Sandra Long. Date of Gift: 04/04/22. Amount Given: 1,500.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Awards & Grants. Grantee Name: Kim McKoy. Date of Gift: 07/20/22. Amount Given: 2,500.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Awards & Grants. Grantee Name: Stevie Air One LLC. Date of Gift: 08/08/22. Amount Given: 6,000.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Medical Device. Grantee Name: Various Municipalities. Date of Gift: 05/03/22. Amount Given: 6,750. Total included on Form 990-EZ, line 10: 16,750.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Insurance. Amount: 2,080. Description: Licensing and fees. Amount: 355. Description: Office supplies. Amount: 809. Description: Software. Amount: 1,062. Total to Form 990-EZ, line 16: 4,306.

Raw XML Appendix171 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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IRS990EZ/PrimaryExemptPurposeTxt0The DeSatnick Foundation is committed to encouraging Spinal Cord Injury victims in their recovery by providing education, promoting awareness, helping families cope both financially and emotionally, and networking with other Spinal Cord Injury Foundations to enhance support. The objectives of the Foundation are accomplished through meetings, seminars and conferences that support our mission, literature and publications that emphasize Spinal Cord Injury awareness and fundraising efforts designed to raise money for programs and victims, concentrating our efforts primarily on individuals who reside in Atlantic, Cape May, Cumberland, Ocean and Monmouth Counties in New Jersey.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 17.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: Awards & Grants. Grantee Name: Sandra Long. Date of Gift: 04/04/22. Amount Given: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: Awards & Grants. Grantee Name: Kim McKoy. Date of Gift: 07/20/22. Amount Given: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Activity Classification: Awards & Grants. Grantee Name: Stevie Air One LLC. Date of Gift: 08/08/22. Amount Given: 6,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Activity Classification: Medical Device. Grantee Name: Various Municipalities. Date of Gift: 05/03/22. Amount Given: 6,750. Total included on Form 990-EZ, line 10: 16,750.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Chad DeSatnick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum06097801986
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DeSatnick Foundation
ReturnHeader/Filer/BusinessNameControlTxt0DESA
ReturnHeader/Filer/EIN0462108620
ReturnHeader/Filer/PhoneNum06097801986
ReturnHeader/Filer/USAddress/AddressLine1Txt01307 Trenton Avenue
ReturnHeader/Filer/USAddress/CityNm0Cape May
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222097516
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Capaldi Reynolds & Pelosi PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0332 Tilton Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Northfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008225
ReturnHeader/PreparerPersonGrp/PhoneNum06096414000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey A Wilson
ReturnHeader/ReturnTs02023-06-30T11:04:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Chad
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DeSatnick
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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