Tronie Foundation
- Assets
- $25.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lacey, WA
- Founding
- 05/2007
- Data as of
- 12/2020
- EIN
- 20-4314373
Organization Overview
Tronie Foundation is located in Lacey, WA. The organization was established in 2007. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tronie 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, Tronie Foundation generated $3.2k 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 (23.8%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 6 years. 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 |
|---|---|---|---|
Rani Hong President | 30 | $4,000 | |
Trong Hong Vice President | 1 | $0 | |
Tanya Jernigan Vice Chair | 1 | $0 | |
Dana Marie Shepherd Secretary | 1 | $0 | |
Tom Rath Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,228 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,905 |
| Total expenses | $6,905 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,277 |
| Other assets | $0 |
| Total assets | $25,646 |
| Total liabilities | $80 |
| Net assets or fund balances | $25,566 |