Powered by CharityEZ

Charity report ready

50 WAYS FOUNDATION INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This takes you back to the exact search that opened this report.

Public IRS 990 nonprofit record

50 WAYS FOUNDATION INC

EIN 88-2025368 · Alliances & Advocacy - Arts (A01)

What they do

to INSPIRE and EMPOWER OUR YOUTH BY PROVIDING MENTORSHIP, NEW EXPERIENCES, and RESOURCES THAT CAN CREATE DIFFERENT OPPORTUNITIES for THEM to BE SUCCESSFUL.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $59.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.79%of revenue went to mission work59.9% of expenses · Program services
$129.82spent for every $100 of revenueSpending was higher than revenue this year.
$0.57in assets for every $1 spent this yearSome assets cannot be spent right away.
63.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $16,800 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$56,341
Mission workProgram services$43,82577.79% of revenue59.9% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$73,141129.82% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 59.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 129.82% of revenue
2023Expense mix: 10.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 42.60% of revenue

Money in and money out

Revenue$56,341
Expenses$73,141
Annual shortfall $16,800 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$43,825 · 59.9% of expenses
See all reported dollar amounts
Revenue$56,341
Expenses$73,141
Assets$41,700
Income$56,341
Contributions$35,532
Mission work (program services)$43,825
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

BRYCE COUNCILPRESIDENT

COLE ANTHONYFOUNDER

JACOB ANSELTREASURER

About this charity

Recognized since
January 2022
Location
1131 CAMPUS DR, MORGANVILLE, NJ 07751-1261
County
Monmouth
In care of
COLE ANTHONY
Primary officer
COLE ANTHONY, FOUNDER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
VFG ADVISORY LLC
NTEE classification
Alliances & Advocacy - Arts (A01)
IRS tax category
Alliances & Advocacy - Arts

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Back to search results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free