NEW JERSEY YOUTH DEVELOPMENT FOUNDATION

KENILWORTH, NJ, 07033 (908) 245-1120 Est. 2007 EIN 11-3826837

N70 - Amateur Sports Competitions 990 - Public charity return 501(c)(3)

www.firstteerv.org

Mission

TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING EDUCATIONAL PROGRAMS THAT BUILD CHARACTER, INSTILL LIFE ENHANCING VALUES AND PROMOTE HEALTHY CHOICES THROUGH THE GAME OF GOLF.

Financials

Total Revenue

$601,348

Total Expenses

$462,470

Net Assets

$797,765

45 employees

From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve

20.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 52.9%

Expenses ↓ 11.0%

Revenue Sources

Contributions 34.4% Earned revenue 36.1% Investment 2.8% Other 27.0%

Expense Breakdown

Program 60.7% Management 24.7% Fundraising 14.6%

Officers & Key Employees (21)

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Grants Received (17)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2025 990 - Public charity return Jan 1, 2025 to Dec 31, 2025	$601,348 ↑	$462,470	$797,765
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$393,195 ↑	$519,514	$619,073
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$351,358 ↓	$422,772	$717,632
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$397,071 ↓	$341,432	$758,852
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$426,581 ↑	$298,779	$630,897
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$364,101 ↓	$349,608	$487,378
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$397,375	$336,169	$455,890