2024-11-30T09:32:11-05:00 2023-12-31 272505383 DF OBrien & Co 124 Little Falls Rd - Unit C-2 Fairfield NJ 07004 990EZ 2023-01-01 223146708 SOUTHMOUNT FOUNDATION INC SOUT 170 MONTROSE AVENUE South Orange NJ 07079 John Coverdale President 9737638397 2024-05-15 true true David F OBrien CPA P00166747 8625051040 2024-11-30 2023 2024-10-15 13:58:12Z X www.southmont.net X X 112561 X 93903 10908 7750 112561 58933 73090 132023 -19462 344406 324944 X 78434 73991 272856 261627 254 252 351544 335870 7138 10926 344406 324944 See schedule O Education and character formation for approximatly 100 adult men. 70 teenage boys and 30 pre teenage boys 132022 132022 John Coverdale President 0.00 0 0 0 Ernesto Dolores Treasurer 0.00 0 0 0 Justin Mahon Secretary 0.00 0 0 0 Anthony McCarthy Director 0.00 0 0 0 Donald Rasmusson Director 0.00 0 0 0 Kevin Ward Director 0.00 0 0 0 Wayne Paulter Director 0.00 0 0 0 David OBrien Director 0.00 0 0 0 false false false false false false false false false John Coverdale 170 Montrose Ave South Orange NJ 07079 9737638397 false false false false false false false false false NONE NONE true X 304753 278109 172007 119720 112562 987151 304753 278109 172007 119720 112562 987151 70257 916894 987151 0.92880 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Description of other revenue Part I line 8 Description AmountOther income 7,750 Description of other expenses Part I line 16 Description AmountDepreciation from 4562 13,508Fees 676Communications 3,590Travel 16,712Conferences 4,918Food 17,396House Keeping Services 10,103Supplies 6,187 Description of other assets Part II line 24 Category Beginning of Year End of YearPrepaid Expenses 254 252 Description of total liabilities Part II line 26 Category Beginning of Year End of YearCredit Card Payable 7,138 10,926 Part I response or note to any other line in Part I Form 990-EZ, Part III, Organizations primary exempt purpose.Southmont Foundation Inc. Helps young men develop the values, skills, and attitudes necessary to be effective in college and later on as fathers, professionals, and citizens. Its activities put a particular emphasis on developing a strong character, forming true friendships and learning the value of hardwork.