Comer Family Foundation Inc
- Assets
- $667.6k
- Revenue
- $97.0k
- Investments
- $664.7k
- Employees
- 0
- Location
- Hamden, CT
- Founding
- 08/1997
- Data as of
- 12/2021
- EIN
- 06-1469067
Organization Overview
Comer Family Foundation Inc is located in Hamden, CT. The organization was established in 1997. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comer Family Foundation Inc 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, Comer Family Foundation Inc generated $97.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $34.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Comer Family Foundation Inc has awarded 13 individual grants totaling $103,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Comer Treasurer & Director | 1 | $1,500 | |
Brian Comer Secretary & Director | 1 | $1,500 | |
Dr James P Comer President & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,461 |
| Capital Gain Net Income | $95,461 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,275 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $34,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,902 |
| 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 | $664,666 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $667,568 |
| 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, Comer Family Foundation Inc has awarded $24,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
YALE UNIVERSITY SCHOOL DEVELOPMENT PROGRAM PURPOSE: GENERAL SUPPORT | $21,000 |
CHILDREN'S DEFENSE FUND FOR FREEDOM SCHOOLS PROGRAM PURPOSE: GENERAL SUPPORT | $2,600 |
New Haven, CT PURPOSE: GENERAL SUPPORT | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Horizons National Student Enrichment Program Inc Westport, CT | $6,013,839 | $4,724,137 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |
Man Up Inc Brooklyn, NY | $3,303,421 | $3,938,909 |