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Nonprofiteer
← EDISON NEIGHBORHOOD ASSOCIATION INC

Form 990 for tax year 2023

Filed by EDISON NEIGHBORHOOD ASSOCIATION INC.

Totals

Total revenue
$374,949
Total expenses
$258,379
Contributions and grants received
$336,608
Grants paid
$0
Program service revenue
$0
Investment income
$3,457
Other revenue
$34,884
Total assets, end of year
$612,037
Total liabilities, end of year
$31,363
Net assets or fund balances, end of year
$580,674
Program services expenses (Part IX)
$132,539
Management and general expenses
$91,901
Fundraising expenses
$33,939
Program service expenses (Part III)
$132,539

Program services were 51.3% 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.

  • 1e · Government grants (contributions)

    $45,000

  • 1f · All other contributions, gifts and grants

    $291,608

  • 1g · Noncash contributions included above

    $18,140

  • 3 · Investment income

    total $130 · excluded $130

  • 6a · Gross rents

    real property $20,425

  • 6c · Rental income or loss

    real property $20,425

  • 6d · Net rental income or loss

    total $20,425 · excluded $20,425

  • 7a · Gross sales of assets other than inventory

    securities $15,000 · other assets $3,275

  • 7b · Less cost or other basis and sales expenses

    securities $11,729 · other assets $3,219

  • 7c · Gain or loss

    securities $3,271 · other assets $56

  • 7d · Net gain or loss

    total $3,327 · related or exempt $3,327

  • 8a · Fundraising events: gross income

    $14,572

  • 8b · Fundraising events: direct expenses

    $3,739

  • 8c · Net income from fundraising events

    total $10,833

  • 11a · Other revenue: MISCELLANEOUES INCOME

    total $3,626 · related or exempt $3,626

  • 11e · Other revenue, total

    $3,626

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $139,519 · program services $47,750 · management and general $66,675 · fundraising $25,094

  • 9 · Other employee benefits

    total $9,683 · program services $3,314 · management and general $4,627 · fundraising $1,742

  • 10 · Payroll taxes

    total $11,068 · program services $3,788 · management and general $5,289 · fundraising $1,991

  • 11c · Fees: accounting

    total $15,131 · program services $5,144 · management and general $7,263 · fundraising $2,724

  • 11g · Fees: other

    total $4,050 · program services $4,050

  • 13 · Office expenses

    total $4,589 · program services $1,560 · management and general $2,203 · fundraising $826

  • 16 · Occupancy

    total $13,278 · program services $12,614 · management and general $664

  • 20 · Interest

    total $919 · program services $313 · management and general $441 · fundraising $165

  • 22 · Depreciation, depletion and amortization

    total $20,281 · program services $19,267 · management and general $1,014

  • 23 · Insurance

    total $5,060 · program services $1,720 · management and general $2,429 · fundraising $911

  • 24a · Other expenses: PROGRAM EXPENSES

    total $32,101 · program services $32,101

  • 24b · Other expenses: MISCELLANEOUS

    total $2,700 · program services $918 · management and general $1,296 · fundraising $486

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $35,159 · end of year $89,433

  • 3 · Pledges and grants receivable

    beginning of year $23,090 · end of year $85,341

  • 4 · Accounts receivable

    end of year $2,225

  • 8 · Inventories for sale or use

    beginning of year $6,220 · end of year $6,343

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,830 · end of year $3,199

  • 10a · Land, buildings and equipment: cost or other basis

    $571,026

  • 10b · Land, buildings and equipment: accumulated depreciation

    $149,758

  • 10c · Land, buildings and equipment, net

    beginning of year $406,632 · end of year $421,268

  • 15 · Other assets

    end of year $4,228

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,827 · end of year $15,261

  • 23 · Secured mortgages and notes payable

    end of year $9,425

  • 25 · Other liabilities

    end of year $6,677

  • 27 · Net assets without donor restrictions

    beginning of year $464,104 · end of year $407,013

  • 28 · Net assets with donor restrictions

    end of year $173,661

Mission and programs · 2023

Mission

TO MAXIMIZE QUALITY OF LIFE AND SENSE OF COMMUNITY IN THE EDISON NEIGHBORHOOD.

  • IMPROVED THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS BY COMMUNITY AND CIVIC BETTERMENT ACTIVITIES AND PROGRAMS SUCH AS TOOL LIBRARY, COMMUNITY SOCIALS, ART CRAWL AND COMMUNITY GARDEN HUB.

    Expenses $132,539

As filed on the 2023 return.

Listed in Part VII

  • Juliet Altman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Rachel Bair

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Megan Buwalda

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Venessa Collins-Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Grant Fletcher

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Emma Master

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Nathan Grieder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • James Potter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Irving Quintero

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Tiyanna Williams

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
29 June 2024
IRS schema version
2023v5.0
Source object
202421839349301102

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