Andrew And Abby Szott Foundation is located in Eagan, MN. The organization was established in 2007. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andrew And Abby Szott 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 12/2020, Andrew And Abby Szott Foundation generated $5.5k 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 (26.0%) each year. All expenses for the organization totaled $146.1k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE ANDREW AND ABBY SZOTT FOUNDATION WAS ESTABLISHED TO GIVE THE GIFT OF TIME BY ALLOWING A PARENT TO HAVE THE OPPORTUNITY TO STAY HOME AND CARE FOR A CHILD SUFFERING FROM LIFE-THREATENING CANCER. THE ACTIVITIES IN WHICH THIS IS ACCOMPLISHED INCLUDE MORTGAGE OR RENT PAYMENTS, MEDICAL COSTS THAT INSURANCE PROVIDERS WILL NOT PAY, AND ALLOWANCES PAID TO A FAMILY SO THAT A PARENT CAN STOP WORKING FOR A PERIOD OF TIME TO CARE FOR THE SICK CHILD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emmy Ross Board Member | 2 | $0 | |
Karl Starr Board Member | 2 | $0 | |
Lynell Gupta Board Member | 2 | $0 | |
David Szott Chair & Treasurer | 2 | $0 | |
Natalie Snyder Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,461 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $76 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5,537 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $2,257 |
Professional fees and other payments to independent contractors | $2,989 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,214 |
Total expenses | $146,060 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,491 |
Other assets | $0 |
Total assets | $8,491 |
Total liabilities | $0 |
Net assets or fund balances | $8,491 |