Form 990 for tax year 2023
Filed by OCEAN STATE JOB LOT CHARITABLE FOUNDATION.
Totals
- Total revenue
- $17,787,169
- Total expenses
- $17,214,245
- Contributions and grants received
- $17,253,330
- Grants paid
- $17,161,518
- Program service revenue
- $0
- Investment income
- $92,529
- Other revenue
- $441,310
- Total assets, end of year
- $5,195,502
- Total liabilities, end of year
- $1,642,278
- Net assets or fund balances, end of year
- $3,553,224
- Program services expenses (Part IX)
- $17,161,518
- Management and general expenses
- $52,727
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $17,161,518
Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$17,253,330
-
1g · Noncash contributions included above
$527,899
-
3 · Investment income
total $92,529 · unrelated business $0 · excluded $92,529
-
8a · Fundraising events: gross income
$470,555
-
8b · Fundraising events: direct expenses
$29,245
-
8c · Net income from fundraising events
total $441,310 · unrelated business $0 · excluded $441,310
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,673,024 · program services $5,673,024
-
3 · Grants to foreign organizations and individuals
total $11,488,494 · program services $11,488,494
-
11b · Fees: legal
total $4,390 · program services $0 · management and general $4,390 · fundraising $0
-
11c · Fees: accounting
total $8,598 · program services $0 · management and general $8,598 · fundraising $0
-
11f · Fees: investment management
total $13,015 · program services $0 · management and general $13,015 · fundraising $0
-
24a · Other expenses: SPONSORSHIPS
total $10,000 · program services $0 · management and general $10,000 · fundraising $0
-
24b · Other expenses: ANNUAL REPORT FEE
total $1,540 · program services $0 · management and general $1,540 · fundraising $0
-
24c · Other expenses: BANK CHARGES
total $15,184 · program services $0 · management and general $15,184 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $346,502 · end of year $1,474,526
-
2 · Savings and temporary cash investments
beginning of year $1,364,436 · end of year $616,584
-
4 · Accounts receivable
beginning of year $11,982 · end of year $4,350
-
11 · Investments: publicly traded securities
beginning of year $1,900,626 · end of year $3,100,042
-
25 · Other liabilities
beginning of year $1,180,886 · end of year $1,642,278
-
27 · Net assets without donor restrictions
beginning of year $2,442,660 · end of year $3,553,224
Mission and programs · 2023
Mission
TO PROVIDE NEEDED FOOD, SHELTER, CLOTHING, MEDICINE AND EDUCATIONAL SCHOLARSHIPS.
-
CONTRIBUTIONS WERE RECEIVED FROM THE GENERAL PUBLIC AND A CORPORATE DONOR TO SUPPORT FOOD BANKS LOCATED THROUGHOUT NEW ENGLAND, NEW YORK, NEW JERSEY AND PENNSYLVANIA AS WELL AS A HOSPITAL THAT SERVES INDIGENT PATIENTS IN MASSACHUSETTS.
Expenses $17,161,518 · Revenue $17,253,330
As filed on the 2023 return.
Listed in Part VII
-
Alan PearlmanALAN PEARLMAN
PRESIDENT
- Total calculated
- $0
-
Steven AronowSTEVEN ARONOW
DIRECTOR
- Total calculated
- $0
-
Marc PearlmanMARC PEARLMAN
DIRECTOR
- Total calculated
- $0
-
John ConfortiJOHN CONFORTI
DIRECTOR
- Total calculated
- $0
-
Richard PortnoRICHARD PORTNO
DIRECTOR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$866,740
PROGRAM OPERATIONS
-
$537,000
PROGRAM OPERATIONS
-
$105,956
PROGRAM OPERATIONS
-
$60,000
PROGRAM OPERATIONS
-
$50,000
PROGRAM OPERATIONS
-
PROGRAM OPERATIONS
-
$25,000
PROGRAM OPERATIONS
-
PROGRAM OPERATIONS
-
$25,000
PROGRAM OPERATIONS
-
$20,000
PROGRAM OPERATIONS
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · GIFTS, GRANTS TO OTHER ORGANIZATIONS · RI
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OCEAN STATE JOBBERS INC
S · RETAIL · RI · 0% owned
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442899349300209
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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