WALTER R EARLE MEMORIAL FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WALTER R EARLE MEMORIAL FOUNDATION INC (EIN 32-0299614)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-21
IRS object ID
202511419349300821
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-21T13:18:10-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN993932945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WOOLSTON JENSEN & MCNAMARA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 SCHULZ DR STE 302AddressLine1Txt
CityRED BANKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07701ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320299614EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EARLE FAMILY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEARLBusinessNameControlTxt
Phone7323081113PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 613AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER R EARLE IIPersonNm
Person TitleBOARD MEMBERPersonTitleTxt
Phone7323081113PhoneNum
Signature2025-05-15SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM C MCNAMARAPreparerPersonNm
PTINP00285036PTIN
Phone7325420444PhoneNum
Preparation2025-05-21PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWALTER R EARLE IIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 613AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$412,051GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTHE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS FOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED, ADMINISTERED AND/OR REVISED BY TEH CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TWOARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$300,810PYContributionsGrantsAmt
CY Contributions Grants$327,150CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$300,810PYTotalRevenueAmt
CY Total Revenue$327,150CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$149,586PYOtherExpensesAmt
CY Other Expenses$488,476CYOtherExpensesAmt
PY Total Expenses$149,586PYTotalExpensesAmt
CY Total Expenses$488,476CYTotalExpensesAmt
PY Revenues Less Expenses$151,224PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$161,326CYRevenuesLessExpensesAmt
Total Assets BOY$343,655TotalAssetsBOYAmt
Total Assets EOY$182,329TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$343,655NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$182,329NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS FOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED, ADMINISTERED AND/OR REVISED BY TEH CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TWOARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$478,371ExpenseAmt
DescFOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AS SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED, ADMINISTERED AND/OR REVISED BY THE CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TOWARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.Desc
Total Program Service Expenses$478,371TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKEITH SPRINGERPersonNm
Phone7323081113PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 613AddressLine1Txt
CityFARMINGDALECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07727ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
GRACE VAN AARTRIJK
BOARD MEMBER8.00Yes (X)$0$0$0
MICHAEL EARLE
BOARD MEMBER2.00Yes (X)$0$0$0
THOMAS EARLE
BOARD MEMBER2.00Yes (X)$0$0$0
WALTER R EARLE II
BOARD MEMBER2.00Yes (X)$0$0$00.00
KEITH SPRINGER
BOARD MEMBER4.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$291,949FundraisingAmt
All Other Contributions$35,201AllOtherContributionsAmt
Total Contributions$327,150TotalContributionsAmt
Fundraising Gross Income$84,901FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$291,949ContriRptFundraisingEventAmt
Fundraising Direct Expenses$84,901FundraisingDirectExpensesAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$327,150TotalRevenueColumnAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,300TotalAmt
Management And General$7,300ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$65TotalAmt
Management And General$65ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,103TotalAmt
Management And General$1,103ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DONATIONS$478,371$478,371
CREDIT CARD FEES$1,637$1,637

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$488,476TotalAmt
Program Services$478,371ProgramServicesAmt
Management And General$10,105ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$343,655BOYAmt
EOY$182,329EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$343,655BOYAmt
EOY$182,329EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$343,655BOYAmt
EOY$182,329EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$343,655BOYAmt
EOY$182,329EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$343,655BOYAmt
EOY$182,329EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$161,326ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,423CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,698CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$488,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$294,837CurrentTaxYearMinus1YearAmt
Current Tax Year$327,150CurrentTaxYearAmt
Total$1,519,570TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$84,901CurrentTaxYearAmt
Total$84,901TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,423CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,698CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$488,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$294,837CurrentTaxYearMinus1YearAmt
Current Tax Year$412,051CurrentTaxYearAmt
Total$1,604,471TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,604,471PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,423CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,698CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$488,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$294,837CurrentTaxYearMinus1YearAmt
Current Tax Year$412,051CurrentTaxYearAmt
Total$1,604,471TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$376,850GrossReceiptsEvent1Amt
Charitable Contri Event1$291,949CharitableContriEvent1Amt
Gross Revenue Event1$84,901GrossRevenueEvent1Amt
Other Direct Expenses Event1$84,901OtherDirectExpensesEvent1Amt
Gross Receipts Total$376,850GrossReceiptsTotalAmt
Charitable Contributions Tot$291,949CharitableContributionsTotAmt
Gross Revenue Total Events$84,901GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$84,901OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$84,901DirectExpenseSummaryEventsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS FOR THE DEVELOPMENT OF FINANCIAL RESOURCES WHICH SHALL BE UTILIZED, AT SUCH TIMES, IN SUCH AMOUNTS AND UPON SUCH CRITERIA AS MAY BE ESTABLISHED, ADMINISTERED AND/OR REVISED BY TEH CORPORATION'S BOARD OF TRUSTEES, TO PROVIDE INFORMATION, RESOURCES AND/OR SUPPORT TWOARDS THE ADVANCEMENT OF THE WELL BEING OF HUMANITY, WHETHER CHARITABLE, EDUCATIONAL, SCIENTIFIC OR OTHERWISE.
FORM 990, PAGE 6, PART VI, LINE 2WALTER R. EARLE II BROTHERS MICHAEL EARLE BROTHERS THOMAS J. EARLE BROTHERS R. KEITH SPRINGER CFO EMPLOYED BY EARLE APHALT CO.
FORM 990, PAGE 6, PART VI, LINE 11BALL THE MEMBERS REVIEW THE 990 FORM DURING A MEETING.
FORM 990, PAGE 6, PART VI, LINE 19UPON REQUEST, THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR.

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