Total Experience Corp EIN 86-2110074

Total Experience Corp FY2023 filing

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Distributes food, meals, and goods to help families facing hardship. For fiscal year 2023 it reported $146K in revenue, $87K in expenses, and $87K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Human Services
Location
Pitman, NJ
Filings
5 on file (2021–2023)
Revenue
$146KFY2023
Expenses
$87K
Net assets
$87K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  86-2110074 Public charity (501(c)(3)) Pitman, NJ Founded 2021
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Distributes food, meals, and goods to help families facing hardship.
Leadership
Geraldn McGough · Director
Money in and out
$146K revenue, $87K expenses
Bottom line
98% program efficiency
Where the money goes · FY2023
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$87K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
13.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$146K
FY2023▲ +8%
Expenses
$87K
FY2023▼ -28%
Total assets
$87K
FY2023▲ +185%
Total liabilities
$0
FY2023
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$87K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$87K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $87K of program spending, described in the organization's own filed words · FY2023.
01

Total Experience volunteers delivered Thanksgiving meals to underserved families in the southern New Jersey area. Delivered toys and bikes to under privileged youth in the same southern NJ area. The foundation also runs summer sports camps for less fortunate youths

$87Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTotal Experience Corp
EINHdr · item D86-2110074
Principal addressHdr · item CPitman, NJ
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$146K
Total revenueLn 12$146K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$85K
Management & general2%$2K
Total functional expensesLn 25$87K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$87K
Total liabilitiesLn 26$0
Total net assetsLn 32$87K
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses (Pt IX) $87K · Less non-cash grants $12K · Cash operating expenses/yr $75K
13.9 months
Where the money goes
Program services
Program services $85K · Total expenses $87K
98%
Management & General
Management & general $2K · Total expenses $87K
2%
Fundraising
Fundraising $0 · Total expenses $87K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $104K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $146K · Total revenue $146K
100%
Government reliance
Government grants — · Total revenue $146K
Earned-income share
Program service revenue $0 · Total revenue $146K
0%
Investment reliance
Investment income $0 · Total revenue $146K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $87K
0%
Growth & trend
Revenue growth (YoY)
This year $146K · Prior year $135K
+8%
Net-asset trend (YoY)
End of year $87K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $146K · Expenses $87K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $87K
Net-asset ratio
Net assets $87K · Total assets $87K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $87K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Geraldn McGough · Reported title Director · Highest reported compensation $0 · Total expenses $87K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $87K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 8%
Accounting fee ratio 2%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$63K
Grants paid · 4 grants · $30K · 2023–2025
St Joseph Academy INCNJ · FY2025$5,000
Final FarewellPA · FY2024$10,000
Final FarewellPA · FY2023$10,000

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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
FY2025 (Latest)$74K revenue · ⤓ 990 PDF
FY2024$52K revenue · ⤓ 990 PDF
FY2023$146K revenue · viewing · ⤓ 990 PDF
FY2022$135K revenue · ⤓ 990 PDF
FY2021$30K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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