philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Meadows Foundation INC FY2021 filing

Tax-deductible

Somerset, NJ501(c)(3)Arts & CultureEIN 22-6290477

This page gets seen. Tell your story. Claim this org.

The foundation's mission is to give the past a future by preserving and restoring historic sites in franklin township, somerset county, NJ with an emphasis on early dutch and american heritage

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $22K a year · 26% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
21 mo
of spending, in cash
Looks good: 21.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$37K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$64K
-22% vs prior year
Spent
$84K
To programs
67%
Net assets
$112K
By yearFY2020–FY2022
Revenue
$64K
FY2021▼ -22%
Revenue by fiscal year
FY2020$83K
FY2021$64K
FY2022$113K
Expenses
$84K
FY2021▲ +45%
Expenses by fiscal year
FY2020$58K
FY2021$84K
FY2022$51K
Net assets
$112K
FY2021▼ -14%
Net assets by fiscal year
FY2020$130K
FY2021$112K
FY2022$174K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Exemption reinstated (2010-05-15). Per the IRS revocation list. Latest filing on record: FY2022. IRS ruling in Jun 2023.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $56K Management & general 33% · $28K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Nat Clymer
Vice Preside
$0Pt VII · Sec A
Jim Cooper
Director
$0Pt VII · Sec A
Sue Ann Derkach
President, T
$0Pt VII · Sec A
Nicole Herzog
Secretary
$0Pt VII · Sec A
Alan Hurley
Director
$0Pt VII · Sec A
Meher Rafiq
Director
$0Pt VII · Sec A
See Meadows Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Preserves and restores historic sites in Franklin Township, focusing on Dutch and American heritage.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2021
01

Restoration and repair work on historic sites

Pt IX · col B

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$64K
Ln 12
Fees for servicesLn 2g$38K
Gifts and grantsLn 1h$26K
Money outPt IX
$84K
Ln 25
Programscol B$56K
Managementcol C$28K
Owns and owesPt X
$112K
net assets · Ln 32
Cash and savingsLn 1–2$149K
Total assetsLn 16$149K
LiabilitiesLn 26$37K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$26K
Fees for servicesLn 2g$38K
Total revenueLn 12$64K
Assets in detailPt X, end of year
CashLn 1$149K
Cash and savings togetherLn 1–2$149K
Total assetsLn 16$149K
LiabilitiesLn 26$37K
Net assetsLn 32$112K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$170K$149K
Total assetsLn 16$170K$149K
LiabilitiesLn 26$40K$37K
Net assetsLn 32$130K$112K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$7K$7K
Payroll taxesLn 10$1K$1K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$2K
OccupancyLn 16$43K$43K
InterestLn 20$1K$1K
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$84K$56K$28K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $113K$51K$62K$174K 990 PDF
FY2021 Viewing $64K$84K−$20K$112K 990 PDF
FY2020 $83K$58K$25K$130K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $64,359 across 5 lines filed
VIII-1b Membership dues$1,475
VIII-1f All other contributions, gifts and grants$24,384
VIII-1h Total contributions, gifts and grants$25,859
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $38,500$38,500
VIII-12 Total revenueRelated to mission $38,500$64,359
Part IX · Statement of functional expenses $84,364 across 8 lines filed
IX-7 Other salaries and wagesManagement $6,659$6,659
IX-10 Payroll taxesManagement $1,337$1,337
IX-12 Advertising and promotionManagement $1,024$1,024
IX-13 Office expensesManagement $1,625$1,625
IX-16 OccupancyPrograms $43,197$43,197
IX-20 InterestManagement $1,267$1,267
IX-23 InsuranceManagement $15,962$15,962
IX-24 Other expenses (24a–d)Programs $13,293$13,293
IX-25 Total functional expensesPrograms $56,490 · Management $27,874 · Fundraising $0$84,364
Part X · Balance sheet $149,045 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $169,907$149,045
X-16 Total assetsStart of year $169,907$149,045
X-25 Other liabilitiesStart of year $40,054$37,337
X-26 Total liabilitiesStart of year $40,054$37,337
X-27 Net assets without donor restrictionsStart of year $129,853$111,708
X-32 Total net assets or fund balancesStart of year $129,853$111,708
X-33 Total liabilities and net assetsStart of year $169,907$149,045
Part XI · Reconciliation of net assets $111,708 net assets at year end
XI-1 Total revenue$64,359
XI-2 Total expenses$84,364
XI-3 Revenue less expenses−$20,005
XI-4 Net assets at start of year$129,853
XI-9 Other changes in net assets$1,860
XI-10 Net assets at end of year$111,708

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.