MORRISTOWN PARTNERS INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MORRISTOWN PARTNERS INC (EIN 22-3307187)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-13
- IRS object ID
- 201343179349301804
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-13T09:53:57-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273115411 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FISCHER BARR & WISSINGER LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1719 ROUTE 10 EAST SUITE 102 | AddressLine1 |
| City | PARSIPPANY | City |
| State | NJ | State |
| ZIP Code | 07054 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223307187 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORRISTOWN PARTNERS INC | BusinessNameLine1 |
| Business Name Line2 | T/A MORRISTOWN PARTNERSHIP | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MORR | NameControl |
| Phone | 9734551133 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 MAPLE AVENUE NO 201 | AddressLine1 |
| City | MORRISTOWN | City |
| State | NJ | State |
| ZIP Code | 079605451 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL FABRIZIO | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 9734551133 | Phone |
| Date Signed | 2013-11-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SPENCER V WISSINGER CPA | Name |
| PTIN | P00642156 | PTIN |
| Phone | 9732671400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL FABRIZIO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44 MARKET STREET | AddressLine1 |
| City | MORRISTOWN | City |
| State | NJ | State |
| ZIP Code | 07960 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 973431 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MORRISTOWN-NJ.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE ECONOMIC GROWTH AND REVITALIZATION, ENHANCE COMMERCIAL VISIBILITY AND ATTRACTIVENESS, FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS AND PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURISTIC AND CIVIC INTERESTS OF THE TOWN OF MORRISTOWN AND ITS SPECIAL IMPROVEMENT DISTRICT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 655347 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 623426 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 803 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 149944 | OtherRevenuePriorYear |
| Other Revenue Current Year | 148051 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 806094 | TotalRevenuePriorYear |
| Total Revenue Current Year | 771477 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 345535 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 291881 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 462636 | OtherExpensePriorYear |
| Other Expenses Current Year | 401366 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 808171 | TotalExpensesPriorYear |
| Total Expenses Current Year | 693247 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2077 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 78230 | RevenuesLessExpensesCY |
| Total Assets BOY | 253311 | TotalAssetsBOY |
| Total Assets EOY | 207350 | TotalAssetsEOY |
| Total Liabilities BOY | 824981 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 700790 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -571670 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -493440 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROMOTE ECONOMIC GROWTH AND REVITALIZATION, ENHANCE COMMERCIAL VISIBITY AND ATTRACTIVENESS OF THE LOCAL BUSINESS CLIMATE AND ENCOURAGE SELF-HELP PROGRAMS IN THE TOWN OF MORRISTOWN. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 521066 | Expense |
| Grants | 0 | Grants |
| Description | REVITALIZATION OF MORRISTOWN THROUGH PAVING AND CLEANING STREETS, LANDSCAPE IMPROVEMENTS, VALIDATED PARKING STAMP PROGRAM, BUSINESS RECRUITMENT, AND PROMOTIONAL NEWSLETTERS. | Description |
| Total Program Service Expense | 521066 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9734551133 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 MAPLE AVENUE SUITE 201 | AddressLine1 |
| City | MORRISTOWN | City |
| State | NJ | State |
| ZIP Code | 079605451 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PHILIP DEL GIUDICE | ||||||
| CHAIRMAN | 0.00 | X | X | 0 | 0 | 0 |
| JOSHUA LIPNICK | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| MICHAEL FABRIZIO | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | X | 120237 | 0 | 46671 |
| WILLIAM BRAUNSCHWEIGER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| DOUGLAS TODD | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| MARTY EPSTEIN | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| JIM MONGEY | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| AMY FERRARO | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| ALLEN KOPELSON | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| MATTHEW O'DONNELL ESQ | ||||||
| TREASURER | 0.00 | X | X | 0 | 0 | 0 |
| STACEY SCHLOSSER | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| RYAN MAROWITZ | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| BIAGIO SCOTTO | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| DICK TIGHE | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| SCOTT PRIDEAUX | ||||||
| VICE CHAIRMAN | 0.00 | X | X | 0 | 0 | 0 |
| TOM BLUNDELL | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| PETER O'HAGAN | ||||||
| SECRETARY | 0.00 | X | X | 0 | 0 | 0 |
| REBECCA FELDMAN | ||||||
| TRUSTEE | 0.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 120237 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 46671 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 608326 | GovernmentGrants |
| All Other Contributions | 15100 | AllOtherContributions |
| Total Contributions | 623426 | TotalContributions |
| Gross Income Fundraising Events | 222252 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 201954 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20298 | TotalRevenueColumn |
| Exclusion | $20,298 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| GIFT CERTIFICATES SALE | 900099 | 118572 | $118,572 |
| INSURANCE REIMBURSEMEN | 900099 | 9181 | $9,181 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 127753 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 771477 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $148,051 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 166908 | Total |
| Program Services | 128527 | ProgramServices |
| Management And General | 38381 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92934 | Total |
| Program Services | 71697 | ProgramServices |
| Management And General | 21237 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15055 | Total |
| Program Services | 13550 | ProgramServices |
| Management And General | 1505 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16984 | Total |
| Program Services | 13088 | ProgramServices |
| Management And General | 3896 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27508 | Total |
| Management And General | 27508 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12000 | Total |
| Management And General | 12000 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20062 | Total |
| Program Services | 20062 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52060 | Total |
| Program Services | 40123 | ProgramServices |
| Management And General | 11937 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43861 | Total |
| Program Services | 33803 | ProgramServices |
| Management And General | 10058 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10391 | Total |
| Management And General | 10391 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30924 | Total |
| Program Services | 1491 | ProgramServices |
| Management And General | 29433 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8970 | Total |
| Program Services | 6914 | ProgramServices |
| Management And General | 2056 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| COMMUNITY AND GOVT. REL | 120975 | 120975 | |
| STREETSCAPE | 58137 | 58137 | |
| UTILITIES | 16478 | 12699 | 3779 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693247 | Total |
| Program Services | 521066 | ProgramServices |
| Management And General | 172181 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26176 | BOY |
| EOY | 19711 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18727 | BOY |
| EOY | 13382 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10452 | BOY |
| EOY | 5675 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 342291 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 173709 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197956 | BOY |
| EOY | 168582 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 253311 | BOY |
| EOY | 207350 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164547 | BOY |
| EOY | 126351 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 660434 | BOY |
| EOY | 574439 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 824981 | BOY |
| EOY | 700790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -571670 | BOY |
| EOY | -493440 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -571670 | BOY |
| EOY | -493440 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 253311 | BOY |
| EOY | 207350 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 78230 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1218837 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1349824 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1138992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1026080 | CurrentTaxYearMinus1Year |
| Current Tax Year | 973431 | CurrentTaxYear |
| Total | 5707164 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1218837 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1349824 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1138992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1026080 | CurrentTaxYearMinus1Year |
| Current Tax Year | 973431 | CurrentTaxYear |
| Total | 5707164 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 170857 | AmountsSubstContributorsTotal |
| Public Support Total170 | 5536307 | PublicSupportTotal170 |
| Total Support | 5707164 | TotalSupport |
| Public Support Pertcentage170 | 0.97010 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.97230 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 266854 | OtherCostOrOtherBasis |
| Depreciation | 110414 | Depreciation |
| Book Value | 156440 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 58516 | OtherCostOrOtherBasis |
| Depreciation | 55148 | Depreciation |
| Book Value | 3368 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16921 | OtherCostOrOtherBasis |
| Depreciation | 8147 | Depreciation |
| Book Value | 8774 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 168582 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 847277 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 75800 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 75800 | RevenueNotRptdF990 |
| Revenue Subtotal | 771477 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 771477 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 769047 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 75800 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 75800 | ExpensesNotRptdF990 |
| Expenses Subtotal | 693247 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 693247 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE ORGANIZATION HAS CURRENT LIABILITIES WHICH EXCEED ITS CURRENT ASSETS BY $283,708 AND HAS A NET DEFICIENCY IN ASSETS OF $493,440 AT DECEMBER 31, 2012. MANAGEMENT'S PLANS FOR THE ORGANIZATION TO CONTINUE AS A GOING CONCERN INCLUDE RAISING ADDITIONAL FUNDING AND OTHER STRATEGIES DESIGNED TO OPTIMIZE AND INCREASE NET ASSETS. MANAGEMENT OF THE ORGANIZATION ALSO INTENDS TO CONTINUE ITS EFFORT TO CUT COSTS AND EXPENSES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CHRISTMAS FESTIVAL | NameOfEvent1 |
| Gross Receipts Event1 | 95172 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 95172 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 104898 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FALL FESTIVIAL | NameOfEvent2 |
| Gross Receipts Event2 | 109004 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 109004 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 82998 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 18076 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 18076 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 14058 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 222252 | GrossReceiptsTotal |
| Gross Revenue Total Events | 222252 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 201954 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 201954 | DirectExpenseSummaryEvents |
| Net Income Summary | 20298 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE BOARD OF TRUSTEES MONITORS THE USE OF GRANT FUNDS THROUGH REQUIRED REPORTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL FABRIZIO | NamePerson |
| Title | EXECUTIVE DIRECTOR | Title |
| Base Compensation Filing Org | 120237 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 46671 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 166908 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | EXECUTIVE DIRECTOR AND TREASURER REVIEW A DRAFT OF THE FORM 990 PRIOR TO FILING. THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD, MORRISTOWN TOWN COUNCIL AND MAYOR AND THE NEW JERSEY DEPARTMENT OF COMMUNITY AFFAIRS. |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE COMMITTEE REVIEWS EMPLOYEE COMPENSATION AND MAKES RECOMMENDATIONS TO THE ENTIRE BOARD. THE COMMITTEE ALSO REVIEWS ANY EMPLOYMENT CONTRACTS. |
| FORM 990, PART VI, SECTION C, LINE 18 | COPIES OF THE FINANCIAL STATEMENTS OF THE ORGANIZATION AND THE FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS OF THE ORGANIZATION AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| THE PROCESS OF OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. |
Comments