Christian Foundation Inc
- Assets
- $52.3k
- Revenue
- $3.2k
- Investments
- $52.3k
- Employees
- 0
- Location
- Mount Vernon, NY
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 13-3694334
Organization Overview
Christian Foundation Inc is located in Mount Vernon, NY. The organization was established in 1993. 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. Christian 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, Christian Foundation Inc generated $3.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.2%) each year. All expenses for the organization totaled $6.0k during the year ending 12/2021. 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 |
|---|---|---|---|
Dr Joseph W Decrescenzo Vice President | 1 | $0 | |
Michael Ferrigno Vice President | 0.25 | $0 | |
Margaret Decrescenzo Secretary | 0.25 | $0 | |
Keith A Alt President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,762 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38 |
| Total operating and administrative expenses | $38 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $6,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| 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 | $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 | $52,331 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,281 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,281 |
Grants Awarded
Over the last fiscal year, Christian Foundation Inc has awarded $5,100 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
VIETNAM MINISTRIES PURPOSE: EVANGELISM | $1,000 |
HARBOR EVANGELISM INLT INC PURPOSE: EVANGELISM | $1,000 |
BIBLE BAPTIST MISSIONS PURPOSE: EVANGELISM | $1,000 |
NEW DURHAM BAPTIST CHURCH PURPOSE: EVANGELISM | $250 |
FIRST BIBLE CHURCH OF STATEN ISLAND PURPOSE: EVANGELISM | $250 |
JEAN SABAKA PURPOSE: EVANGELISM | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |
Revival Today Inc Coraopolis, PA | $3,527,632 | $7,706,926 |
Christian Churches United Of The Tri-County Area Harrisburg, PA | $2,164,616 | $5,131,299 |
Lutheran Social Mission Society Of Philadelphia Philadelphia, PA | $4,708,767 | $5,481,432 |
Urbanpromise Ministries Inc Camden, NJ | $8,769,553 | $6,909,584 |
Broad Street Ministry Philadelphia, PA | $9,567,568 | $4,465,322 |