Somerset Community Action Program INC FY2024 filing

Tax-deductible

Somerset, NJ501(c)(3)Since 1965EIN 22-6075617Revenue $2.4M in FY2024

On file with the IRS155 Pierce St Ste F, 08873-4168 · Somerset, NJTax-exempt since Oct 1966Governmental unit — 170(b)(1)(A)(v)

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Somerset Community Action Program, INC. (scap) is a non-for-profit organization provide early childhood education programs, financial literacy, Community planning and nutritional support to residents of Somerset county.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$90K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $65K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$90K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$630K
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+22% vs prior year
Spent
$2.3M
To programs
74%
Net assets
$261K
By yearFY2020–FY2024
Revenue
$2.4M
FY2024▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$993K
FY2021$1.0M
FY2022$1.5M
FY2023$2.0M
FY2024$2.4M
FY2024$2.3M
Expenses
$2.3M
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$745K
FY2021$1.1M
FY2022$1.5M
FY2023$2.0M
FY2024$2.3M
FY2024$2.3M
Net assets
$261K
FY2024▲ +209%
Tap a bar for its year
Net assets by fiscal year
FY2020$184K
FY2021$83K
FY2022$113K
FY2023$84K
FY2024$261K
FY2024$284K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1966.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $1.7M Management & general 25% · $564K Fundraising 1% · $23K

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

10 people listed on the 990; $90K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$89,625Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Mark Harris$89,623$89,625$83,229$83,229$67,890$67,890

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Somerset Community Action Program 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 15aYes

Programs and updates

Provides early education, financial help, and food assistance to county residents.

Provided by the organization

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1 program · $1.7M · in their own filed words · FY2023
01

Provide early childhood education programs, financial literacy, community planning and nutritional support to residents of somerset county.

$1.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$929K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.7M
Managementcol C$564K
Fundraisingcol D$23K
Owns and owesPt X
$261K
net assets · Ln 32
Cash and savingsLn 1–2$68K
Total assetsLn 16$890K
LiabilitiesLn 26$630K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$929K
Government grantsLn 1e$915K
Fundraising eventsLn 1c$7K
Fees for servicesLn 2g$1.5M
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$68K
Cash and savings togetherLn 1–2$68K
Land, buildings, equipmentLn 10c$43K
Other assetsLn 15$423K
Total assetsLn 16$890K
LiabilitiesLn 26$630K
Net assetsLn 32$261K
OperationsPt I, VI
EmployeesI 540
VolunteersI 656
Fiscal year endsHeaderAugust
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 FY24End FY24
Cash and savingsLn 1–2$38K$68K
Land, buildings, equipmentLn 10c$27K$43K
Total assetsLn 16$812K$890K
LiabilitiesLn 26$727K$630K
Net assetsLn 32$84K$261K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$118K$85K$32K$1K
Other salaries and wagesLn 7$849K$607K$232K$10K
Other employee benefitsLn 9$112K$80K$30K$1K
Payroll taxesLn 10$137K$98K$37K$2K
Legal feesLn 11b$835$835
Accounting feesLn 11c$36K$36K
Other fees for servicesLn 11g$11K$11K
Office expensesLn 13$34K$25K$9K$422
Information technologyLn 14$33K$33K
OccupancyLn 16$232K$169K$58K$5K
TravelLn 17$28K$20K$8K$350
InterestLn 20$10K$10K
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$42K$30K$10K$832
Other expenses (24a–d)Ln 24$593K$554K$38K$2K
All other expensesLn 24e$3K$3K$756$34
Total functional expensesLn 25$2.3M$1.7M$564K$23K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $2.4M$2.3M$176K$261K 990 PDF
FY2023 $2.0M$2.0M−$29K$84K 990 PDF
FY2022 $1.5M$1.5M$31K$113K 990 PDF
FY2021 $1.0M$1.1M−$102K$83K 990 PDF
FY2020 $993K$745K$248K$184K 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 FY2024 990 (6 parts)
Part I · Summary $2,433,278 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $978,050$929,137
I-9 Program service revenuePrior year $1,024,978$1,504,141
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$1,404$0
I-12 Total revenuePrior year $2,001,624$2,433,278
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 $1,068,211$1,216,377
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $962,339$1,040,427
I-18 Total expensesPrior year $2,030,550$2,256,804
I-19 Revenue less expensesPrior year −$28,926$176,474
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,433,278 across 7 lines filed
VIII-1c Fundraising events$7,289
VIII-1e Government grants$914,504
VIII-1f All other contributions, gifts and grants$7,344
VIII-1h Total contributions, gifts and grants$929,137
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,504,141$1,504,141
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,504,141 · Unrelated business $0 · Excluded from tax $0$2,433,278
Part IX · Statement of functional expenses $2,256,804 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $84,732 · Management $32,171 · Fundraising $1,450$118,353
IX-7 Other salaries and wagesPrograms $607,155 · Management $231,861 · Fundraising $10,432$849,448
IX-9 Other employee benefitsPrograms $79,695 · Management $30,455 · Fundraising $1,371$111,521
IX-10 Payroll taxesPrograms $97,978 · Management $37,395 · Fundraising $1,682$137,055
IX-11b Legal feesManagement $835$835
IX-11c Accounting feesManagement $35,854$35,854
IX-11g Other fees for servicesManagement $11,050$11,050
IX-13 Office expensesPrograms $24,653 · Management $9,410 · Fundraising $422$34,485
IX-14 Information technologyManagement $33,100$33,100
IX-16 OccupancyPrograms $169,241 · Management $57,960 · Fundraising $4,635$231,836
IX-17 TravelPrograms $19,851 · Management $7,581 · Fundraising $350$27,782
IX-20 InterestManagement $10,270$10,270
IX-22 Depreciation, depletion and amortizationManagement $17,427$17,427
IX-23 InsurancePrograms $30,390 · Management $10,408 · Fundraising $832$41,630
IX-24 Other expenses (24a–d)Programs $553,702 · Management $37,586 · Fundraising $1,509$592,797
IX-24e All other expensesPrograms $2,571 · Management $756 · Fundraising $34$3,361
IX-25 Total functional expensesPrograms $1,669,968 · Management $564,119 · Fundraising $22,717$2,256,804
Part X · Balance sheet $890,442 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $38,008$67,754
X-3 Pledges and grants receivableStart of year $158,462$245,549
X-4 Accounts receivableStart of year $69,708$111,663
X-10c Land, buildings and equipment, netStart of year $27,467$42,900
X-15 Other assetsStart of year $517,923$422,576
X-16 Total assetsStart of year $811,568$890,442
X-17 Accounts payable and accrued expensesStart of year $113,658$94,790
X-24 Unsecured notes and loans payableStart of year $97,656$115,296
X-25 Other liabilitiesStart of year $506,362$414,800
X-26 Total liabilitiesStart of year $727,303$629,703
X-27 Net assets without donor restrictionsStart of year $84,265$260,739
X-32 Total net assets or fund balancesStart of year $84,265$260,739
X-33 Total liabilities and net assetsStart of year $811,568$890,442
Part XI · Reconciliation of net assets $260,739 net assets at year end
XI-1 Total revenue$2,433,278
XI-2 Total expenses$2,256,804
XI-3 Revenue less expenses$176,474
XI-4 Net assets at start of year$84,265
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$260,739

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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