Klion Springwater Coven Family Foundation Inc
- Assets
- $2.7m
- Revenue
- $85.0k
- Investments
- $2.6m
- Employees
- 0
- Location
- Los Ranchos, NM
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 20-3080512
Organization Overview
Klion Springwater Coven Family Foundation Inc is located in Los Ranchos, NM. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klion Springwater Coven Family 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 12/2022, Klion Springwater Coven Family Foundation Inc generated $85.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $97.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Klion Springwater Coven Family Foundation Inc has awarded 380 individual grants totaling $831,070. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Klion Secy/directr | 0.04 | $0 | |
Nancy Klion Pres/directr | 0.24 | $0 | |
Jane Springwater Vp/director | 0.04 | $0 | |
Michael Tarlow Treasurer | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,000 |
| 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 | $85,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $274 |
| Total operating and administrative expenses | $5,224 |
| Contributions, gifts, grants paid | $92,500 |
| Total expenses and disbursements | $97,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,779 |
| 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 | $2,650,815 |
| 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, Klion Springwater Coven Family Foundation Inc has awarded $92,500 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD OF GREATER TEXAS PURPOSE: TO SUPPORT HIGH QUALITY, AFFORDABLE HEALTH CARE AND SEX EDUCATION | $5,000 |
EPISCOPAL COMMUNITY SERVICE PURPOSE: TO FUND COMMUNITY OURTREACH PROGRAMS | $7,000 |
CONGREGATION BETH SHALOM PURPOSE: TO FUND COMMUNITY PROGRAMS | $8,000 |
J THE JEWISH NEWS PURPOSE: TO SUPPORT A NEWS PUBLICATION THAT COVERS THE FULL RANGE OF WHAT IT MEANS TO BE JEWISH TODAY | $6,400 |
WESST PURPOSE: TO SUPPORT SMALL BUSINESS LOANS FOR WOMEN AND OTHER ENTREPRENEURS | $1,500 |
SOFIA CENTER PURPOSE: TO SUPPORT PROFESSIONAL DEVELOPMENT FOR EDUCATORS | $2,500 |