Overview
What is Sneaker Room Foundation Inc?
Sneaker Room Foundation Inc is a charitable organization situated in Jersey City, New Jersey, specifically at 410 Central Avenue, 07307. The foundation's primary mission is to serve non-profit purposes, with a focus on charitable works, education, entrepreneurship, toy drives, and back-to-school initiatives. In line with this mission, they have made significant contributions. For instance, they donated 250 pairs of Nike sneakers valued at $28,000 to the Boys and Girls Club. Further, they provided $34,000 for renovations to the Boys and Girls Club's computer workshop. Additionally, they donated $20,000 towards research and development at Jersey City Medical Center Foundation. The foundation's endeavors are geared towards enhancing the lives of individuals in their community.
Is Sneaker Room Foundation Inc legitimate?
Sneaker Room Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sneaker Room Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sneaker Room Foundation Inc?
The Sneaker Room Foundation Inc was established for charitable, educational, entrepreneurship, toy drives, and back-to-school initiatives with a non-profit purpose. The organization has shown its commitment by donating Nike sneakers worth $28,000 to the Boys and Girls Club, contributing $34,000 for renovations to their computer workshop, and providing $20,000 for research and development at Jersey City Medical Center Foundation. These acts align with their mission to support various causes and contribute positively to the community.
What is the revenue of Sneaker Room Foundation Inc?
Sneaker Room Foundation Inc's revenue in 2023 was $34,800.
Who are the executives of Sneaker Room Foundation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sneaker Room Foundation Inc?
Sneaker Room Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sneaker Room Foundation Inc
Sneaker Room Foundation Inc is a non-profit organization established with a mission to serve charitable, educational, entrepreneurial, toy drives, and back-to-school initiatives. The organization's purpose is to make a positive impact in various sectors, including education and community support. One of its notable contributions is donating 250 pairs of Kyile Inveng Nike sneakers valued at $28,000 to the Boys and Girls Club. Additionally, Sneaker Room Foundation Inc provided financial assistance of $34,000 for renovations to the Boys and Girls Club's computer workshop. Beyond these efforts, the foundation also contributed $20,000 to the Jersey City Medical Center Foundation for research and development. This non-profit organization's mission is to contribute to various areas of need, ensuring a positive impact on its beneficiaries.
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Impact
October, 2024
Sneaker Room Foundation Inc has made a significant impact through its charitable activities, focusing on education, youth support, and community development. The organization has donated 250 pairs of Nike sneakers, valued at $28,000, to local Boys and Girls Clubs, enhancing the lives of children in the area. Additionally, it contributed $34,000 for renovations to a computer workshop at the same club, thereby improving educational resources for students. The foundation also allocated $20,000 to the Jersey City Medical Center Foundation for research and development, supporting vital health initiatives in the community. Through its emphasis on philanthropy and community engagement, Sneaker Room Foundation Inc positively influences the lives of many individuals, fostering a spirit of entrepreneurship and support for local youth.
This information is meant to be a general summary of Sneaker Room Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $34,800
Assets and Liabilities:
- Total Assets: $284,846
- Total Liabilities: $0
- Net Assets: $284,846
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Organization Details
Founding Year
2018
Principal Officer
Suraj Kaufman
NTEE Category
Code: T22 - Philanthropy
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