BAYONNE ECONOMIC OPPORTUNITY FOUNDATION

BAYONNE ECONOMIC OPPORTUNITY FOUNDATION

Bayonne, NJ, US
501(c)3
EIN
22-1811616

BAYONNE ECONOMIC OPPORTUNITY FOUNDATION

Bayonne, NJ, US
501(c)3
EIN
22-1811616

Overview

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Est.

1965

Fiscal Year Start

Feb 1

Organization Type

Grantseeker

AI Summary

The Bayonne Economic Opportunity Foundation (EIN: 22-1811616) is a nonprofit organization dedicated to providing essential services to low-income citizens, senior citizens, and handicapped residents of Bayonne, NJ. With an operating budget of $5.5 million and total revenue of $5.4 million for the 2025 filing year, the organization offers a range of programs, including Head Start, nutrition services, Meals on Wheels, weatherization, transportation, and community outreach. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at http://www.beof.org.

Mission Statement

TO PROVIDE SERVICES TO LOW-INCOME CITIZENS, SENIOR CITIZENS AND HANDICAPPED RESIDENTS OF BAYONNE, NJ THROUGH VARIOUS PROGRAMS SUCH AS HEADSTART, NUTRITION, MEALS ON WHEELS, WEATHERIZATION, TRANSPORATION AND COMMUNITY OUTREACH.
Revenues

$5.4M

Expenses

$5.5M

Net Income:
-$79.7K
Assets

$2.5M

Liabilities

$1.5M

Net Assets:
+$993.9K
Operating Budget

$5.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$25K
Largest grant received
$25K
K
Kenneth Poesl
Board Member
H
Henry Perez
Board Member
C
Chester Banks
Board Member

Frequently Asked Questions

What is BAYONNE ECONOMIC OPPORTUNITY FOUNDATION’s budget?
In 2025, BAYONNE ECONOMIC OPPORTUNITY FOUNDATION reported an annual operating budget of around $5.5 million. More detailed financial information is available to registered users.
What causes does BAYONNE ECONOMIC OPPORTUNITY FOUNDATION support?
BAYONNE ECONOMIC OPPORTUNITY FOUNDATION supports work in Nutrition, Human rights, and Human services.
Where does BAYONNE ECONOMIC OPPORTUNITY FOUNDATION operate?
BAYONNE ECONOMIC OPPORTUNITY FOUNDATION is headquartered in Bayonne, NJ.
Who funded BAYONNE ECONOMIC OPPORTUNITY FOUNDATION recently?
In 2022, BAYONNE ECONOMIC OPPORTUNITY FOUNDATION received grants from RICHMOND COUNTY SAVINGS FOUNDATION, FIDELITY FOUNDATION, and NORA ROBERTS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BAYONNE ECONOMIC OPPORTUNITY FOUNDATION received in 2022?
The largest grant to BAYONNE ECONOMIC OPPORTUNITY FOUNDATION in 2022 exceeds $25 thousand.
What is BAYONNE ECONOMIC OPPORTUNITY FOUNDATION’s reliance on government grants?
BAYONNE ECONOMIC OPPORTUNITY FOUNDATION relied on government grants for more than 90% of their total revenue in 2025.
Overview
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