Mend I INC FY2022 filing

Tax-deductible

Moorestown, NJ501(c)(3)Since 1983HousingEIN 22-2459135Revenue $303K in FY2022

On file with the IRSmendinc.org99 E 2nd St, 08057-3324 · Moorestown, NJTax-exempt since Nov 1983Publicly supported — 509(a)(2)

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Provide decent, safe housing at low rental rates to low and moderate income individuals in a 24 unit hud subsidized housing development.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $66K a year · 21% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$285K
147% of total assets
Concern: liabilities are 147% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$303K
+2% vs prior year
Spent
$240K
To programs
77%
Net assets
−$91K
By yearFY2020–FY2025
Revenue
$303K
FY2022▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$295K
FY2021$298K
FY2022$303K
FY2023$318K
FY2024$335K
FY2025$332K
Expenses
$240K
FY2022▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$230K
FY2021$297K
FY2022$240K
FY2023$227K
FY2024$235K
FY2025$257K
Net assets
−$91K
FY2022▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020−$156K
FY2021−$155K
FY2022−$91K
FY2023$161
FY2024$100K
FY2025$175K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $185K Management & general 23% · $55K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President/CEO/Vice President
$0Pt VII · Sec A
Trustee/President
$0Pt VII · Sec A
Trustee/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mend I INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides safe, decent housing for low-income individuals and families in need.

Questions for Mend I INC

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Provided by the organization

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1 program · $185K · in their own filed words · FY2022
01

Provide decent, safe housing at low rental rates to low and moderate income individuals in a 24 unit hud subsidized housing development

$185Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$303K
Ln 12
Gifts and grantsLn 1h$237K
Fees for servicesLn 2g$66K
Other incomeLn 4–11$187
Money outPt IX
$240K
Ln 25
Programscol B$185K
Managementcol C$55K
Owns and owesPt X
−$91K
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$194K
LiabilitiesLn 26$285K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$237K
Government grantsLn 1e$237K
Fees for servicesLn 2g$66K
Other incomeLn 4–11$187
Total revenueLn 12$303K
Assets in detailPt X, end of year
CashLn 1$14K
Cash and savings togetherLn 1–2$14K
Land, buildings, equipmentLn 10c$39K
Other assetsLn 15$140K
Total assetsLn 16$194K
LiabilitiesLn 26$285K
Net assetsLn 32−$91K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$20K$14K
Land, buildings, equipmentLn 10c$35K$39K
Total assetsLn 16$187K$194K
LiabilitiesLn 26$342K$285K
Net assetsLn 32−$155K−$91K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$27K$14K$14K
Accounting feesLn 11c$31K$31K
Office expensesLn 13$3K$3K
OccupancyLn 16$16K$16K
InterestLn 20$27K$27K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$117K$110K$7K
Total functional expensesLn 25$240K$185K$55K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $332K$257K$76K$175K 990 PDF
FY2024 $335K$235K$99K$100K 990 PDF
FY2023 $318K$227K$91K$161 990 PDF
FY2022 Viewing $303K$240K$64K−$91K 990 PDF
FY2021 $298K$297K$990−$155K 990 PDF
FY2020 $295K$230K$66K−$156K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $303,470 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $238,037$236,812
I-9 Program service revenuePrior year $59,625$66,471
I-10 Investment incomePrior year $168$0
I-11 Other revenuePrior year $10$187
I-12 Total revenuePrior year $297,840$303,470
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $296,850$239,739
I-18 Total expensesPrior year $296,850$239,739
I-19 Revenue less expensesPrior year $990$63,731
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $303,470 across 5 lines filed
VIII-1e Government grants$236,812
VIII-1h Total contributions, gifts and grants$236,812
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $66,471$66,471
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $187$187
VIII-12 Total revenueRelated to mission $66,658 · Unrelated business $0 · Excluded from tax $0$303,470
Part IX · Statement of functional expenses $239,739 across 8 lines filed
IX-11a Management feesPrograms $13,680 · Management $13,680$27,360
IX-11c Accounting feesManagement $31,000$31,000
IX-13 Office expensesManagement $3,257$3,257
IX-16 OccupancyPrograms $16,080$16,080
IX-20 InterestPrograms $27,355$27,355
IX-22 Depreciation, depletion and amortizationPrograms $7,973$7,973
IX-23 InsurancePrograms $9,900$9,900
IX-24 Other expenses (24a–d)Programs $110,157 · Management $6,657$116,814
IX-25 Total functional expensesPrograms $185,145 · Management $54,594 · Fundraising $0$239,739
Part X · Balance sheet $193,731 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $20,274$13,552
X-4 Accounts receivable$1,572
X-10c Land, buildings and equipment, netStart of year $34,730$38,517
X-15 Other assetsStart of year $132,397$140,090
X-16 Total assetsStart of year $187,401$193,731
X-17 Accounts payable and accrued expensesStart of year $15,909$13,510
X-26 Total liabilitiesStart of year $342,139$284,738
X-27 Net assets without donor restrictionsStart of year −$154,738−$91,007
X-32 Total net assets or fund balancesStart of year −$154,738−$91,007
X-33 Total liabilities and net assetsStart of year $187,401$193,731
Part XI · Reconciliation of net assets −$91,007 net assets at year end
XI-1 Total revenue$303,470
XI-2 Total expenses$239,739
XI-3 Revenue less expenses$63,731
XI-4 Net assets at start of year−$154,738
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$91,007

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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