Arello Foundation
- Assets
- $180.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fishers, IN
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 20-5076923
Organization Overview
Arello Foundation is located in Fishers, IN. The organization was established in 2010. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arello 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 12/2022, Arello Foundation generated $9.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $10.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO THE ASSOCIATION OF REAL ESTATE LICENSE LAW OFFICIALS IN AREAS THAT INCLUDE CONDUCTING RESEARCH, GATHERING AND PUBLISHING INFORMATION, AND PROVIDING REAL ESTATE KNOWLEDGE AND EDUCATION TO THE PUBLIC, REGULATORS, ADMINISTRATORS, CONSUMERS, AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathie Flynn Connelly Chair | 2 | $0 | |
Ryan Adair Vice Chair | 2 | $0 | |
Nicholas Rhoad Secretary, Treasurer | 2 | $0 | |
Leon Lewis Trustee | 2 | $0 | |
Wendy Mae Alkire Trustee | 2 | $0 | |
Wayne Thorburn Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,225 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,546 |
| Gain or Loss | -$70 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,701 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,041 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68 |
| Total expenses | $10,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,868 |
| Other assets | $0 |
| Total assets | $180,246 |
| Total liabilities | $2,917 |
| Net assets or fund balances | $177,329 |