Civic Intelligence

Making a Difference with the Friends of Bill Mckoy Foundation

990EZ • Fiscal year 2023 • EIN 51-0528710

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

528 15th AvenuePaterson, NJ 07504

(973) 279-8448

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

12th percentile

-33%

Higher net margin than 12% of similar nonprofits.

2023 filings • NTEE P • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2023 filings • NTEE P • <$500k nonprofits • Source year 2023

Asset Growth

7th percentile

-68%

Faster asset growth than 7% of similar nonprofits.

2023 filings • NTEE P • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-35%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • NTEE P • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$12,368

Flat from 2023

Net Assets

$12,368

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$78,953

Flat from 2023

Expenses

Flat

$105,195

Flat from 2023

Net Income

Flat

-$26,242

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2009: $12,785Liabilities 2009: $02009Assets 2010: $12,315Liabilities 2010: $02010Assets 2011: $4,747Liabilities 2011: $02011Assets 2012: $7,393Net Assets 2012: $7,3932012Assets 2013: $2,223Net Assets 2013: $2,2232013Assets 2014: $14,124Net Assets 2014: $14,1242014Assets 2015: $6,902Net Assets 2015: $6,9022015Assets 2016: $4,727Net Assets 2016: $4,7272016Assets 2017: $9,985Liabilities 2017: $02017Assets 2018: $4,093Net Assets 2018: $4,0932018Assets 2019: $13,168Net Assets 2019: $13,1682019Assets 2020: $2,679Net Assets 2020: $2,6792020Assets 2021: $10,332Net Assets 2021: $10,3322021Assets 2022: $38,610Net Assets 2022: $38,6102022Assets 2023: $12,368Net Assets 2023: $12,3682023Assets 2023: $12,368Liabilities 2023: $02023Assets 2024: $11,962Net Assets 2024: $11,9622024

Highlighted filing

2023

Assets$12,368
Liabilities-
Net Assets$12,368

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2009: $7,707Expenses 2009: $8,928Net Income 2009: -$1,2212009Revenue 2010: $13,323Expenses 2010: $13,792Net Income 2010: -$4692010Revenue 2011: $8,935Expenses 2011: $16,503Net Income 2011: -$7,5682011Revenue 2012: $18,139Expenses 2012: $15,493Net Income 2012: $2,6462012Revenue 2013: $15,317Expenses 2013: $20,487Net Income 2013: -$5,1702013Revenue 2014: $30,864Expenses 2014: $18,963Net Income 2014: $11,9012014Revenue 2015: $16,939Expenses 2015: $24,161Net Income 2015: -$7,2222015Revenue 2016: $24,566Expenses 2016: $26,388Net Income 2016: -$1,8222016Revenue 2017: $33,770Expenses 2017: $28,512Net Income 2017: $5,2582017Revenue 2018: $10,847Expenses 2018: $16,739Net Income 2018: -$5,8922018Revenue 2019: $36,989Expenses 2019: $27,914Net Income 2019: $9,0752019Revenue 2020: $2,685Expenses 2020: $9,544Net Income 2020: -$6,8592020Revenue 2021: $49,251Expenses 2021: $41,772Net Income 2021: $7,4792021Revenue 2022: $120,539Expenses 2022: $92,262Net Income 2022: $28,2772022Revenue 2023: $78,953Expenses 2023: $105,195Net Income 2023: -$26,2422023Revenue 2023: $78,953Expenses 2023: $105,195Net Income 2023: -$26,2422023Revenue 2024: $62,693Expenses 2024: $63,099Net Income 2024: -$4062024

Highlighted filing

2023

Revenue$78,953
Expenses$105,195
Net Income-$26,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$110,517
Mission and Program Overview

Mission

The organization's primary objective is to make a positive difference in the lives of inner city youth in the city of paterson, new jersey. The most significant activity is the annual donation of toys to various needy families at two paterson nj housing project sites including but not limited to the alexander hamilton & reiverside terrace housing development sites.

The organization's primary objective is to make a positive difference in the lives of inner city youth in the city of paterson, new jersey. The most significant activity is the annual donation of toys to various needy families at two paterson nj housing project sites including, but not limited to the alexander hamilton & riverside terrace housing development sites.

Program Services

DescriptionGrantsExpenses
ON SATURDAY JULY 23RD, 2023 THE 61 ANNUAL INDEPENDENCE GALA, COMMUNITY DAY CELEBRATION WAS HELD. THE ORGANIZATION ALSO HAD A COMMUNITY CELEBRATION IN AUGUST WITH A VARIETY OF GIVEAWAYS. THE ORGANIZATION'S PRIMARY OBJECTIVE IS TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF INNER CITY YOUTH IN THE CITY OF PATERSON, NEW JERSEY. THE ORGANIZATION ALSO PROVIDED COMMUNITY ASSISTANCE INCLUDING PATERSON CARES, GRANDPARENTS AND RELATIVE CARE, PASSAIC COUNTY AFRICAN AMERICAN WOMEN, INC., ONE BLOOD DOMINO CLUB, PLUS ASSISTANCE TO LOCAL CHURCHES AND OTHER NON-PROFIT ORGANIZATIONS.-$95,609
THURSDAY DECEMBER 8TH, 2023 MARKED THE RETURN OF THE ANNUAL TOYS FOR KIDS AND COMMUNITY AID DINNER HELD AT THE BROWNSTONE IN PATERSON NEW JERSEY. ON DECMEBER 24TH, 2023 ALSO CELEBRATED THE GIFT GIVEAWAY PARTY HELD AT MARTIN LUTHER KING JR. SCHOOL - PS 30 IN PATERSON, NJ. THE MOST SIGNIFICANT ACTIVITY IS THE ANNUAL DONATION OF TOYS TO VARIOUS NEEDY FAMILIES AT TWO PATERSON NJ HOUSING PROJECT SITES INCLUDING BUT NOT LIMITED TO THE ALEXANDER HAMILTON & RIVERSIDE TERRACE HOUSING DEVELOPMENT SITES.-$6,674
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENDA MCKOYTrusteePT$0--
WILMA BRETTTrusteePT$0--
MATTHEW MCKOYTrusteePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Toys for$36,102$36,102$18,412$17,690
Total Events$36,102$36,102$31,564$4,538
Filing and Contact Details

Filer

Filer Name
The Making a Difference With the
EIN
51-0528710
Phone
9732798448
Address
528 15TH AVENUE, PATERSON, NJ 07504

Signing Officer

Name
Brenda Mckoy
Title
Trustee
Phone
9732798448
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Ml Perry CPA
Address
1075 EASTON AVE TOWER 2 STE 3, SOMERSET, NJ 08873
Preparer
Mark Perry
Phone
7322209700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 100 permit fees 350 office supplies 424 office supplies 25 website fees 518 conference/meetings 308 liability insurance 773 bank fees 78 annual giveaway 972 donations 2,025 maintenance fees 250 software fees 50 toy & gifts 2,430 website 209 community program 350 community day/assistance 1,425 donations 5,085 entertainment fees 10,250 equipment rental 3,728 event staffers 3,225 event supplies 19,664 licenses & registration 268 maintenance fees 1,300 master of ceremony 800 medical services 1,000 photography fees 3,000 security fees 10,650 videography fees 500 annual giveaway 140 toys & gifts 385 total 70,282

Form 990-ez, Part III

The organization's primary objective is to make a positive difference in the lives of inner city youth in the city of paterson, new jersey. The most significant activity is the annual donation of toys to various needy families at two paterson nj housing project sites including, but not limited to the alexander hamilton & riverside terrace housing development sites.

Form 990-ez, Part III, Line 28

Thursday december 8th, 2023 marked the return of the annual toys for kids and community aid dinner held at the brownstone in paterson new jersey. On decmeber 24th, 2023 also celebrated the gift giveaway party held at martin luther king jr. School - ps 30 in paterson, nj. The most significant activity is the annual donation of toys to various needy families at two paterson nj housing project sites including but not limited to the alexander hamilton & riverside terrace housing development sites.

Form 990-ez, Part III, Line 29

On saturday july 23rd, 2023 the 61 annual independence gala, community day celebration was held. The organization also had a community celebration in august with a variety of giveaways. The organization's primary objective is to make a positive difference in the lives of inner city youth in the city of paterson, new jersey. The organization also provided community assistance including paterson cares, grandparents and relative care, passaic county african american women, inc., one blood domino club, plus assistance to local churches and other non-profit organizations.

Raw XML Appendix153 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ON SATURDAY JULY 23RD, 2023 THE 61 ANNUAL INDEPENDENCE GALA, COMMUNITY DAY CELEBRATION WAS HELD. THE ORGANIZATION ALSO HAD A COMMUNITY CELEBRATION IN AUGUST WITH A VARIETY OF GIVEAWAYS. THE ORGANIZATION'S PRIMARY OBJECTIVE IS TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF INNER CITY YOUTH IN THE CITY OF PATERSON, NEW JERSEY. THE ORGANIZATION ALSO PROVIDED COMMUNITY ASSISTANCE INCLUDING PATERSON CARES, GRANDPARENTS AND RELATIVE CARE, PASSAIC COUNTY AFRICAN AMERICAN WOMEN, INC., ONE BLOOD DOMINO CLUB, PLUS ASSISTANCE TO LOCAL CHURCHES AND OTHER NON-PROFIT ORGANIZATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 100 PERMIT FEES 350 OFFICE SUPPLIES 424 OFFICE SUPPLIES 25 WEBSITE FEES 518 CONFERENCE/MEETINGS 308 LIABILITY INSURANCE 773 BANK FEES 78 ANNUAL GIVEAWAY 972 DONATIONS 2,025 MAINTENANCE FEES 250 SOFTWARE FEES 50 TOY & GIFTS 2,430 WEBSITE 209 COMMUNITY PROGRAM 350 COMMUNITY DAY/ASSISTANCE 1,425 DONATIONS 5,085 ENTERTAINMENT FEES 10,250 EQUIPMENT RENTAL 3,728 EVENT STAFFERS 3,225 EVENT SUPPLIES 19,664 LICENSES & REGISTRATION 268 MAINTENANCE FEES 1,300 MASTER OF CEREMONY 800 MEDICAL SERVICES 1,000 PHOTOGRAPHY FEES 3,000 SECURITY FEES 10,650 VIDEOGRAPHY FEES 500 ANNUAL GIVEAWAY 140 TOYS & GIFTS 385 TOTAL 70,282
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PRIMARY OBJECTIVE IS TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF INNER CITY YOUTH IN THE CITY OF PATERSON, NEW JERSEY. THE MOST SIGNIFICANT ACTIVITY IS THE ANNUAL DONATION OF TOYS TO VARIOUS NEEDY FAMILIES AT TWO PATERSON NJ HOUSING PROJECT SITES INCLUDING, BUT NOT LIMITED TO THE ALEXANDER HAMILTON & RIVERSIDE TERRACE HOUSING DEVELOPMENT SITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THURSDAY DECEMBER 8TH, 2023 MARKED THE RETURN OF THE ANNUAL TOYS FOR KIDS AND COMMUNITY AID DINNER HELD AT THE BROWNSTONE IN PATERSON NEW JERSEY. ON DECMEBER 24TH, 2023 ALSO CELEBRATED THE GIFT GIVEAWAY PARTY HELD AT MARTIN LUTHER KING JR. SCHOOL - PS 30 IN PATERSON, NJ. THE MOST SIGNIFICANT ACTIVITY IS THE ANNUAL DONATION OF TOYS TO VARIOUS NEEDY FAMILIES AT TWO PATERSON NJ HOUSING PROJECT SITES INCLUDING BUT NOT LIMITED TO THE ALEXANDER HAMILTON & RIVERSIDE TERRACE HOUSING DEVELOPMENT SITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON SATURDAY JULY 23RD, 2023 THE 61 ANNUAL INDEPENDENCE GALA, COMMUNITY DAY CELEBRATION WAS HELD. THE ORGANIZATION ALSO HAD A COMMUNITY CELEBRATION IN AUGUST WITH A VARIETY OF GIVEAWAYS. THE ORGANIZATION'S PRIMARY OBJECTIVE IS TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF INNER CITY YOUTH IN THE CITY OF PATERSON, NEW JERSEY. THE ORGANIZATION ALSO PROVIDED COMMUNITY ASSISTANCE INCLUDING PATERSON CARES, GRANDPARENTS AND RELATIVE CARE, PASSAIC COUNTY AFRICAN AMERICAN WOMEN, INC., ONE BLOOD DOMINO CLUB, PLUS ASSISTANCE TO LOCAL CHURCHES AND OTHER NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA MCKOY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09732798448
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MAKING A DIFFERENCE WITH THE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FRIENDS OF BILL MCKOY FOUNDATION
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK PERRY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T09:45:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.63$0.63$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.79$1.05$0.26
2023Summary only. Only limited summary data is available for this year.$0.12$0.00$0.79$1.05$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.21$0.92$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.10$0.49$0.42$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.03$0.03$0.10$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.13$0.37$0.28$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.11$0.17$0.06
2017Summary only. Only limited summary data is available for this year.$0.10$0.00$0.34$0.29$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.05$0.25$0.26$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.07$0.17$0.24$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.31$0.19$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.15$0.20$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.18$0.15$0.03
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.09$0.17$0.08
2010Summary only. Only limited summary data is available for this year.$0.12$0.00$0.13$0.14$0.00
2009Summary only. Only limited summary data is available for this year.$0.13$0.00$0.08$0.09$0.01