Corinthians Endowment Fund
- Assets
- $207.5k
- Revenue
- $33.3k
- Investments
- $204.6k
- Employees
- 0
- Location
- Marysville, PA
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 06-1321543
Organization Overview
Corinthians Endowment Fund is located in Marysville, PA. The organization was established in 1992. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corinthians Endowment Fund 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, Corinthians Endowment Fund generated $33.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $13.9k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin W Hughes Treasurer | 1 | $0 | |
Daniel P Benfield President | 1 | $0 | |
Walter C Kress Jr Trustee | 1 | $0 | |
Rodney Devine Trustee | 1 | $0 | |
Barbara Dennis Trustee | 1 | $0 | |
Thomas H Lane Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,762 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,298 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,206 |
| Capital Gain Net Income | $12,206 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $174 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39 |
| Total operating and administrative expenses | $1,313 |
| Contributions, gifts, grants paid | $12,600 |
| Total expenses and disbursements | $13,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,672 |
| Savings and temporary cash investments | $1,194 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $207,502 |
| 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, Corinthians Endowment Fund has awarded $12,600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NEW ENGLAND SAILING & SCIENCE PURPOSE: SAILING TEAM ACTIVITIES | $6,100 |
HUDSON RIVER COMMUNITY SAILING PURPOSE: SAILING TEAM ACTIVITIES | $4,000 |
MUDRATZ INC PURPOSE: SAILING TEAM ACTIVITIES | $2,000 |
Mystic, CT PURPOSE: SAILING TEAM ACTIVITIES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Interscholastic Athletic Association Inc Mechanicsburg, PA | $8,620,824 | $8,959,016 |
Big Green Scholarship Foundation Inc Huntington, WV | $16,493,764 | $5,508,906 |
The Patriot League Bethlehem, PA | $9,439,156 | $5,239,747 |
N J State Interscholastic Athletic Association Robbinsville, NJ | $4,281,078 | $5,144,812 |
Oakcliff Sailing Incorporated Oyster Bay, NY | $7,177,824 | $2,437,513 |
Howell Township Police Athletic League Inc Howell, NJ | $384,420 | $2,796,726 |
Ambassadors Football Twinsburg, OH | $3,909,961 | $2,647,510 |
Gold Medal Karate Inc Philadelphia, PA | $325,219 | $2,265,129 |
South Jersey Barons Youth Club Inc Marlton, NJ | $793,189 | $1,661,298 |
Linganore Area Youth Athletic Association Inc New Market, MD | $1,071,409 | $1,555,930 |
Prince Athletic Association York, PA | $561,511 | $1,218,167 |
New York State Public High School Athletic Association Section Iii East Syracuse, NY | $1,180,840 | $1,444,967 |