Arminius Foundation
- Assets
- $834.8k
- Revenue
- $97.7k
- Investments
- $744.1k
- Employees
- 0
- Location
- Shaker Hts, OH
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-2070678
Organization Overview
Arminius Foundation is located in Shaker Hts, OH. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Arminius 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 12/2021, Arminius Foundation generated $97.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $64.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arminius Foundation has awarded 22 individual grants totaling $302,254. 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.
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 |
|---|---|---|---|
Craig L Stout Director | 1 | $0 | |
Fred Widen Trustee | 0.5 | $0 | |
John Lewis Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $26,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,517 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,717 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $302 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $414 |
| Total operating and administrative expenses | $2,155 |
| Contributions, gifts, grants paid | $62,554 |
| Total expenses and disbursements | $64,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,604 |
| Savings and temporary cash investments | $81,158 |
| 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 | $834,812 |
| 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, Arminius Foundation has awarded $62,554 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATION | $27,000 |
SHAKER SCHOOLS FDN PURPOSE: EDUCATION | $13,054 |
Williamstown, MA PURPOSE: EDUCATION | $10,000 |
SHAKER HEIGHTS DEVELOPMENT CORP PURPOSE: EDUCATION | $10,000 |
EFFECTIVE LEARNING ACADEMY PURPOSE: EDUCATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Detroit Public Schools Foundation Detroit, MI | $5,212,797 | $6,732,219 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |
Clven National House Corporation Carmel, IN | $3,795,815 | $8,533,157 |
Wright State University Foundation Inc Dayton, OH | $166,064,682 | $13,302,016 |
Clarion Universiy Foundation Inc Clarion, PA | $152,611,961 | $6,384,820 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |
Central Pennsylvania School Employee Benefit Trust Bellefonte, PA | $7,410,494 | $6,984,249 |