City Honors Foundation
- Assets
- $257.0k
- Revenue
- $218.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 16-1510686
Organization Overview
City Honors Foundation is located in Buffalo, NY. The organization was established in 1997. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Honors 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 06/2022, City Honors Foundation generated $218.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $239.8k during the year ending 06/2022. While expenses have increased by 12.8% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CITY HONORS FOUNDATION IS TO SUPPORT EDUCATIONAL ADVANCEMENT AT CITY HONORS SCHOOL, A PUBLIC MIDDLE AND HIGH SCHOOL IN BUFFALO, NEW YORK, BY PROVIDING FUNDING IN SUPPORT OF STUDENTS, FACULTY AND THE SCHOOL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITY HONORS FOUNDATION PROVIDES FINANCIAL SUPPORT FOR STUDENT ATHLETIC TEAMS, CLUBS, FIELD TRIPS, AS WELL AS FOR A VARIETY OF ACADEMIC DEPARTMENTS AND PROGRAMS TO PROMOTE ACADEMIC ACHIEVEMENT AND HELP PROVIDE A VAST ARRAY OF OPPORTUNITIES FOR STUDENTS TO POSITIVELY ENGAGE IN STUDENT LIFE.
CITY HONORS FOUNDATION, WITH THE HELP OF GENEROUS DONORS, PROVIDES A NUMBER OF ACADEMIC SCHOLARSHIPS AND AWARDS TO ITS STUDENTS.
CITY HONORS FOUNDATION HAS RE-ACQUIRED ITS HISTORIC FOSDICK FIELD AND HAS COMMITTED ITSELF TO RESTORING IT TO ITS ORIGINAL PURPOSE AS AN ATHLETIC FIELD FOR ITS STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Dolan-Galvin Director | Trustee | 0.5 | $0 |
Annika Wilewicz Director | Trustee | 0.5 | $0 |
Aubrey Lloyd Director | Trustee | 0.5 | $0 |
Becky Gandour Director | Trustee | 0.5 | $0 |
Cassie Cammarata-Gonlag Vice President | OfficerTrustee | 0.5 | $0 |
Christopher Hayes Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,907 |
| Noncash contributions included in lines 1a–1f | $65,419 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,907 |
| Total Program Service Revenue | $0 |
| Investment income | $687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,228 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $218,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $64,490 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,256 |
| Information technology | $804 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $125 |
| All other expenses | $271 |
| Total functional expenses | $239,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,714 |
| Savings and temporary cash investments | $129,344 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $85,938 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $256,996 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $256,996 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $256,996 |