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Nonprofit · EIN 22-2349446

AFRICAN-AMERICAN FUND OF NEW JERSEY INC

Tax-exempt (reinstated) · EAST ORANGE, NJ 07018

Financials

$221K$164K2023$71K$101K2024
Revenue Expenses · by fiscal year end
Financials of AFRICAN-AMERICAN FUND OF NEW JERSEY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$70,843$100,552-$29,709$628,558$0$628,558
December 31, 2023990$221,494$164,050$57,444$658,267$0$658,267
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$725
of which government grants
$725
Program service revenue
$0
Investment income
$0
Net rental income
$70,118
Other revenue
$70,118

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,925
Accounting fees
$10,960
Depreciation
$18,900
Program services (functional)
$18,877
Management and general (functional)
$80,644
Fundraising (functional)
$1,031

Balance sheet and other

Total assets, start of year
$658,267
Total assets, end of year
$628,558
Total liabilities, end of year
$0
Net assets, end of year
$628,558
Land, buildings and equipment
$510,181
Net assets without donor restrictions
$628,558
Gross receipts
$80,815
Employees
0
Volunteers
10
Year formed
2009
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROLAND WHITLEYCHAIRMAN
Trustee or director, Officer
1$0
CHARLES CRAIGTREAS
Trustee or director, Officer
2$0
KEITH PRESSEYMEMBER
Trustee or director, Highest-paid employee, Former
1$0
CURTIS HUMPHREYMEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ROLAND WHITLEYCHAIRMAN
Trustee or director, Officer
1$0
CHARLES CRAIGTREAS
Trustee or director, Officer
2$0
KEITH PRESSEYMEMBER
Trustee or director, Highest-paid employee, Former
1$0
CURTIS HUMPHREYMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
132 SOUTH HARRISON STREET, EAST ORANGE, NJ 07018-1643
In care of
% SONDRA CLARK
Principal officer (990 for 2024)
CHARLES CRAIG, 132 SOUTH HARRISON ST, EAST ORANGE, NJ 07018
Signed the 990
CHARLES CRAIG, SECRETARYTREASURER
Phone
(973) 540-2176
Return prepared by
RALPH ALSTON CPA

Mission

THE OBJCTIVE OF AAF IS TO ENABLE INDIVIDUALS TO HELP THEMSELVES CREATE A BETTER SENCE OF SELF, IDENTITY, AND ULTIMETELY SELF SUFFICIENCY

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION PROGRAM IS ONE OF THE MAJOR PROGRAMS OF THE AGENCY. THIS AGENCY WORKS WITH VARIOUS ORGANIZATIONS THAT HAVE EDEUCATION AS ONE OF THE PRIMARY GOALS FOR INNER YOUTH DEVELOPMENT. THE SYNERGY GAINED IN THE PROCESS IS FOR THE BETTERMENT OF THE YOUTH AND THE COMMUNITY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2349446
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$628,558
Income (IRS master file)
$80,815

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
February 12, 2019
Reinstated
Effective February 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$70,843$100,552$628,558XML
990December 2023$221,494$164,050$658,267XML
990December 2022$99,877$94,572$600,823IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2349446).

Questions about AFRICAN-AMERICAN FUND OF NEW JERSEY INC

What is the EIN of AFRICAN-AMERICAN FUND OF NEW JERSEY INC?
The employer identification number (EIN) of AFRICAN-AMERICAN FUND OF NEW JERSEY INC is 22-2349446.
Is AFRICAN-AMERICAN FUND OF NEW JERSEY INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective February 15, 2023.
Are donations to AFRICAN-AMERICAN FUND OF NEW JERSEY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFRICAN-AMERICAN FUND OF NEW JERSEY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFRICAN-AMERICAN FUND OF NEW JERSEY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFRICAN-AMERICAN FUND OF NEW JERSEY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AFRICAN-AMERICAN FUND OF NEW JERSEY INC?
The 990 for the year ended December 31, 2024 names CHARLES CRAIG.
Who are the officers and directors of AFRICAN-AMERICAN FUND OF NEW JERSEY INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does AFRICAN-AMERICAN FUND OF NEW JERSEY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $70,843, expenses of $100,552 and total assets of $628,558 at year end.

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