The Krusos Foundation Inc
- Assets
- $42.5k
- Revenue
- $10.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lloyd Harbor, NY
- Founding
- 05/1996
- Data as of
- 11/2021
- EIN
- 11-3241704
Organization Overview
The Krusos Foundation Inc is located in Lloyd Harbor, NY. The organization was established in 1996. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krusos 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 11/2021, Krusos Foundation Inc generated $10.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $131.1k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NESTING BOX PROGRAM THE NESTING BOX PROGRAM PROVIDES NESTING HABITAT FOR TARGETED SPECIES OF BATS AND BIRDS TO RAISE THEIR YOUN
THE FOUNDATIONS LEAST TERN AND PIPING PLOVER PROGRAM WAS FORMULATED TO HELP MONITOR DOCUMENT AND PRESERVE THE REMAINING BEACH NESTING SITES ON LONG ISLAND
THE OPEN MEADOW HABITAT MANAGEMENT PROGRAM STARTED BY THE FOUNDATION HELPS FORMULATE & RECOMMEND MANAGEMENT PLANS TO MAINTAIN OPEN FIELDS OF NATIVE GRA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peri D Krusos President | 20 | $0 | |
Martin C Wenz VP & Treas | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,500 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,505 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $67,820 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $23,674 |
| Interest | $0 |
| Taxes | $8,225 |
| Depreciation | $171 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,597 |
| Total operating and administrative expenses | $131,087 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $131,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,001 |
| Savings and temporary cash investments | $0 |
| 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 | $34,322 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,191 |
| Other assets | $0 |
| Total assets | $42,514 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Environmental Defense Action Fund New York, NY | $6,474,489 | $29,024,607 |
Council On The Environment Inc New York, NY | $42,012,048 | $22,554,174 |
Sustainable Markets Foundation New York, NY | $17,976,931 | $19,381,628 |
Only One Inc New York, NY | $3,262,058 | $9,834,103 |
New Jersey Audubon Society Bernardsville, NJ | $31,869,877 | $7,026,003 |
Cec Stuyvesant Cove Inc Long Island City, NY | $4,789,679 | $6,047,317 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
The Connecticut Audubon Society Incorporated Fairfield, CT | $62,592,543 | $6,801,215 |
Ruffed Grouse Society Pittsburgh, PA | $13,438,836 | $6,572,928 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |