Sj Enrichment INC EIN 46-2165767

Sj Enrichment INC

EIN  46-2165767 Public charity (501(c)(3)) Englewd Clfs, NJ
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes youth and amateur sports through charitable, educational, and scientific initiatives.
Leadership
Eun Chul Kim · Director
Money in and out
$494K revenue, $488K expenses
Bottom line
100% program efficiency

Promotes youth and amateur sports through charitable, educational, and scientific initiatives. For fiscal year 2024 it reported $494K in revenue, $488K in expenses, and $8K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$8K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▼ -92% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$494K
FY2024▼ -25%
Expenses
$488K
FY2024▼ -14%
Total assets
$116K
FY2024▼ -16%
Total liabilities
$108K
FY2024▲ +324%
Total revenue
$494K
Pt VIII · Ln 12
Total expenses
$488K
Pt IX · Ln 25
Net assets
$8K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Foster youth group with sports.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSj Enrichment INC
EINHdr · item D46-2165767
Principal addressHdr · item CEnglewd Clfs, NJ
WebsiteHdr · item Jwww.sjenrichment.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A

Eun Chul Kim’s $56K as Director is at the 46th percentile of top reported officer pay among 1985 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Program service revenue100%$494K
Total revenueLn 12$494K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$488K
Total functional expensesLn 25$488K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$116K
Total liabilitiesLn 26$108K
Total net assetsLn 32$8K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $116K · Operating expenses/yr $488K
2.9 months
Where the money goes
Program services
Program services $488K · Total expenses $488K
100%
Management & General
Management & general $0 · Total expenses $488K
0%
Fundraising
Fundraising $0 · Total expenses $488K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $494K
0%
Government reliance
Government grants — · Total revenue $494K
Earned-income share
Program service revenue $494K · Total revenue $494K
100%
Investment reliance
Investment income $0 · Total revenue $494K
0%
Program self-sufficiency
Program service revenue $494K · Total expenses $488K
101%
Growth & trend
Revenue growth (YoY)
This year $494K · Prior year $661K
-25%
Revenue CAGR
FY2020 $265K · FY2024 $494K
+17%
Net-asset trend (YoY)
End of year $8K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $494K · Expenses $488K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $8K · Total assets $116K
7%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $116K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eun Chul Kim · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $488K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $251K · Total expenses $488K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth -25%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$494K revenue · viewing · ⤓ 990 PDF
FY2023$661K revenue · ⤓ 990 PDF
FY2022$700K revenue · ⤓ 990 PDF
FY2021$598K revenue · ⤓ 990 PDF
FY2020$265K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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