2022-11-15T11:37:34-05:00 2021-12-31 272505383 DF OBrien & Co 124 Little Falls Rd - Unit C-2 Fairfield NJ 07004 990EZ 2021-01-01 223146708 SOUTHMOUNT FOUNDATION INC SOUT 170 MONTROSE AVENUE South Orange NJ 07079 John F Coverdale President 9737638397 2022-05-10 true John Coverdale XXX-XX-XXXX David F OBrien CPA P00166747 8625051040 2022-11-15 0 00 AAL1 IAL1 2021 2022-09-23 18:48:47Z X www.southmont.net X X 146547 X 77513 63517 5517 146547 26000 50082 722 128651 205455 -58908 491917 -80404 352605 X 141619 71879 373914 287384 60 239 515593 359502 23676 6897 491917 352605 See schedule O Education and character formation for approximatly 100 adult men. 70 teenage boys and 30 pre teenage boys 26000 159836 159836 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 204148 331640 304753 278109 172007 1290657 204148 331640 304753 278109 172007 1290657 1290657 1290657 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Description of other revenue Part I line 8 Description AmountOther income 5,517 List of grants and similar amounts paid Part I line 10 Activity Donation to other charitable organizations Grantee Crawford Founation Inc Street 99 Overlook Circle City, State, Zip New Rochelle, NY 10804Amount 26,000 Description of other expenses Part I line 16 Description AmountDepreciation from 4562 19,620Fees 729Communications 2,210Travel 11,066Conferences 3,185Insurance Directors and Officers 2,241Reimbursed expenses (1,235)Food 31,756House Keeping Services 52,228Supplies 6,851 Other changes in net assets or fund balances Part I line 20 Description Amountaccumulated allowable depreciation (80,404) Description of other assets Part II line 24 Category Beginning of Year End of YearPrepaid Expenses 60 239 Description of total liabilities Part II line 26 Category Beginning of Year End of YearTotal Liabilities 23,676 6,897 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.