MOLES CHARITABLE FUND INC

EIN: 830549296 501(c)(3) Religion

MONTVALE, NJ

Total Revenue
$306,507
Total Expenses
$46,286
Total Assets
$2,291,284
Net Assets
$2,291,284
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
DAVID PUZA
Phone
2019301923
Tax Period
2023-01-01 to 2023-12-31

MOLES CHARITABLE FUND INC, founded in 2018, is a small nonprofit in the Religion sector that reported $307K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $260K, a strong 85% operating margin.

Mission

THE PURPOSE OF THE FUND IS TO SOLICIT, ASSEMBLE, MANAGE, AND ADMINISTER A CHARITABLE FUND, WHOSE PURPOSE WILL BE TO FURTHER THE GENERAL VISION AND PURPOSES OF THE MOLES. THIS WILL INCLUDE SUCH ELEEMOSYNARY PURPOSES, INCLUDING THE MAINTENANCE AND FUNDING OF SCHOLARSHIPS, INTERNSHIPS, EDUCATIONAL OUTREACH AND SUPPORT OF SAME, AND SUCH OTHER CHARITABLE PURPOSES THAT THE FUND SHALL DEEM CONSISTENT WITH THIS VISION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $247,600
Program Service Revenue $0
Investment Income $58,907
Other Revenue $0
TOTAL REVENUE $306,507

Expense Breakdown

Grants Paid $22,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,000
Other Expenses $24,286
TOTAL EXPENSES $46,286

Year-over-Year Comparison

2023 2022 Change
Revenue $306,507 $713,020 -0.6%
Expenses $46,286 $46,689 0.0%
Net Income $260,221 $666,331 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY LEVY DIRECTOR 1.00
Director
$0 $0 $0
THOMAS J GROARK SECRETARY 3.00
Officer Director
$0 $0 $0
MICHAEL F MCKENNA COUNSEL 8.00
Officer Director
$0 $0 $0
JOHN F MCNAMARA III DIRECTOR 1.00
Director
$0 $0 $0
JACK TOBIN CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN H O'KEEFE VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALFONSO DALOISIO JR DIRECTOR 1.00
Director
$0 $0 $0
PAUL SCHMALL DIRECTOR 1.00
Director
$0 $0 $0
JACK CALLAHAN TREASURER 1.00
Officer Director
$0 $0 $0
TERRENCE FLYNN DIRECTOR 1.00
Director
$0 $0 $0
JOHN ECKART DIRECTOR 1.00
Director
$0 $0 $0
DAVID PUZA EXECUTIVE DIRECTOR 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $306,507 $46,286 $2,291,284 $260,221
2022 $713,020 $46,689 $1,886,607 $666,331
2021 $118,832 $45,398 $1,330,988 $73,434
2020 $43,268 $17,210 $1,170,117 $26,058
2019 $1,015,324 $62,020 $1,054,374 $953,304
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