Damon Foundation in New Brunswick, New Jersey (NJ)
Table of contents:
| Damon Foundation | |
| Employer Identification Number (EIN) | 222398401 |
| Name of Organization | Damon Foundation |
| Address | PO BOX 76, New Brunswick, NJ 08903-0076 |
| Activities | Rehabilitating alcoholics, drug abusers, compulsive gamblers, etc. |
| Subsection | Charitable Organization |
| Ruling Date | 01/1997 |
| Deductibility | Contributions are deductible |
| Foundation | Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $228,600 |
| Amount of Income | $40,122 |
| Form 990 Revenue Amount | $40,122 |
| National Taxonomy of Exempt Entities (NTEE) | Mental Health, Crisis Intervention: Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment |
Non-representatives - add comments:
Amount of income in 2014: $40,122 (it was $40,368 in 2013)
| Damon Foundation: | $40,122 |
| Other organizations performing similar types of work: | $567,831 |
Assets in 2014: $228,600 (it was $290,380 in 2013)
| This organization: | $228,600 |
| Other organizations performing similar types of work: | $312,664 |
Expenses in 2014: $93,343
| Damon Foundation: | $93,343 |
| Other organizations performing similar types of work: | $641,556 |
Income to expenses ratio in 2014: 0.4
| Damon Foundation: | 0.4 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 0.5%
| This organization: | 0.5% |
| Other organizations performing similar types of work: | 53.5% |
Revenue for 2014
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $40,672 | $40,760 | $40,368 | $40,122 |
| Contributions, gifts, grants, and similar amounts received | $710 | $815 | $505 | $184 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $39,962 | $39,945 | $39,863 | $39,938 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $36,502 | $47,812 | $31,564 | $93,343 |
| Total net assets | $280,069 | $273,017 | $281,821 | $228,600 |
| Excess/Deficit for the year | $4,170 | $-7,052 | $8,804 | $-53,221 |
| Net assets or fund balances at beginning of year | $275,899 | $280,069 | $273,017 | $281,821 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $281,821 | $228,600 | ||
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $305,541 | $290,321 | $290,380 | $228,600 |
| Total liabilities | $25,472 | $17,304 | $8,559 | $0 |
| Net assets or fund balances | $280,069 | $273,017 | $281,821 | $228,600 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | ||
| Were any significant changes made to the organizing or governing documents? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | ||
| Amount of political expenditures, direct or indirect | $0 | $0 | ||
| Did the organization file Form 1120-POL for this year? | No | No | ||
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | ||
| Total amount involved | $0 | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | ||
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $82,000 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Westbrook Health Services Inc | 2121 7th St, Parkersburg, WV 26101-3803 | WV | 1967-03 | $24,249,654 |
| 2 | Tabor Hills Health Care Facility Inc | 1347 Crystal Ave, Naperville, IL 60563-0149 | IL | 1993-05 | $14,400,320 |
| 3 | Tcn Behavioral Health Services Inc | 452 W Market St, Xenia, OH 45385-2815 | OH | 1991-07 | $11,961,332 |
| 4 | Willamette Family Inc | 687 Cheshire Ave, Eugene, OR 97402-5060 | OR | 1965-03 | $8,032,086 |
| 5 | Southlight Healthcare | 3125 Poplarwood Court, Raleigh, NC 27604-1084 | NC | 1971-01 | $6,981,288 |
| 6 | Yakima Valley Council On Alcoholism, Triumph Treatment Services | 102 S Naches Ave Administrative Off, Yakima, WA 98901 | WA | 1969-01 | $6,825,841 |
| 7 | Transition House Inc | 3800 5th St, Saint Cloud, FL 34769-2024 | FL | 1994-03 | $5,831,910 |
| 8 | Solutions Behavioral Healthcare Inc | 246 Northland Dr, Medina, OH 44256-3441 | OH | 1983-12 | $2,917,312 |
| 9 | Vitality Unlimited, Vitality Center | PO BOX 2580, Elko, NV 89803-2580 | NV | 1974-04 | $2,872,470 |
| 10 | Substance Abuse Services Center | 799 Main St Ste 110, Dubuque, IA 52001-6825 | IA | 1975-03 | $2,246,217 |
| 11 | West Michigan Therapy Inc | 1823 Commerce St, Muskegon, MI 49441-2608 | MI | 1985-05 | $2,145,189 |
| 12 | The Center For Prevention And Counseling Inc | 61 Spring St Ste 3, Newton, NJ 07860-2072 | NJ | 1976-04 | $2,041,686 |
| 13 | Special Homes Of New Jersey Inc | 92 Broadway, Denville, NJ 07834-2761 | NJ | 1992-06 | $2,039,002 |
| 14 | Freedom House Inc | PO BOX 367, Glen Gardner, NJ 08826-0367 | NJ | 1985-12 | $1,414,637 |
| 15 | Wayne Counseling Center Inc | 1022 Hamburg Tpke, Wayne, NJ 07470-3209 | NJ | 1990-10 | $835,826 |
| 16 | Burlington County Council On Alcohol And Drug Abuse | 1824 Route 38, Lumberton, NJ 08048-4255 | NJ | 1993-03 | $822,440 |
| 17 | Camden County Council On Alcoholism & Drug Abuse Inc | 1 Alpha Ave Ste 22, Voorhees, NJ 08043-1049 | NJ | 1993-05 | $341,068 |
| 18 | Youth Challenge Of New Jersey Inc | PO BOX 16, Milltown, NJ 08850-0016 | NJ | 1986-09 | $83,627 |
| 19 | Damon Foundation | PO BOX 76, New Brunswick, NJ 08903-0076 | NJ | 1997-01 | $40,122 |
| 20 | Nami Hunterdon | Po Box 229, Flemington, NJ 08822 | NJ | 1993-02 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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