Karschney Family Foundation
- Assets
- $40.2k
- Revenue
- $10.7k
- Investments
- $39.3k
- Employees
- 0
- Location
- Camano Island, WA
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 04-3590371
Organization Overview
Karschney Family Foundation is located in Camano Island, WA. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karschney Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Karschney Family Foundation generated $10.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $20.2k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Murray Mckinney Jr Vice President | 1 | $0 | |
Rebecca Karschney President | 1 | $0 | |
Caitlin Mckinney Treasurer | 1 | $0 | |
George Karschney Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,947 |
| Capital Gain Net Income | $5,947 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,654 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $56 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $637 |
| Total operating and administrative expenses | $693 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $20,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $863 |
| Savings and temporary cash investments | $44 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $39,272 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,179 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karschney Family Foundation has awarded $19,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TIERRA NUEVA PURPOSE: CHRISTIAN MINISTRY | $12,000 |
Exton, PA PURPOSE: CHRISTIAN MINISTRY | $6,500 |
Stanwood, WA PURPOSE: CHRISTIAN MINISTRY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
Alaska Christian College Soldotna, AK | $12,266,516 | $4,929,517 |
Black Diamond Camps Auburn, WA | $11,118,087 | $4,787,824 |
Serving Usa Inc Camas, WA | $2,399,183 | $3,743,258 |
Cannon Beach Conference Center Cannon Beach, OR | $14,722,335 | $5,412,142 |
Gospel Outreach College Place, WA | $2,908,412 | $3,734,664 |
Bible Mennonite Fellowship Mcminnville, OR | $7,686,540 | $4,194,046 |
Interfaith Works Olympia, WA | $6,843,935 | $4,685,238 |
Jubilee Foundation Pasco, WA | $185,597,086 | $13,515,823 |
Faith Ministries Inc Moscow, ID | $6,719,779 | $2,692,121 |
Love In Action Ketchikan, AK | $166,852 | $2,613,775 |