John E Sackett Foundation Inc
- Assets
- $259.1k
- Revenue
- $46.1k
- Investments
- $254.5k
- Employees
- 0
- Location
- Albany, NY
- Founding
- 09/1982
- Data as of
- 06/2022
- EIN
- 22-2319706
Organization Overview
John E Sackett Foundation Inc is located in Albany, NY. The organization was established in 1982. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John E Sackett 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 06/2022, John E Sackett Foundation Inc generated $46.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $95.9k during the year ending 06/2022. 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 |
|---|---|---|---|
Linanne Sackett President | 3 | $0 | |
Justus Sackett Vice President | 3 | $0 | |
Edward Dick Treasurer / Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,422 |
| Capital Gain Net Income | $40,422 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $575 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $929 |
| Total operating and administrative expenses | $10,871 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $95,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,508 |
| 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 | $132 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $259,110 |
| Accounts payable and accrued expenses | $575 |
| 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 | $575 |
Grants Awarded
Over the last fiscal year, John E Sackett Foundation Inc has awarded $95,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SPORTS & THERAPEUTIC RECREATION INSTRUCTION DEVELOPMENT EDUCATION INC PURPOSE: EDUCATIONAL - UNRESTRICTED | $85,000 |
EMPTY ARMS BEREAVEMENT SUPPORT PURPOSE: EDUCATIONAL - UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
National Automatic Sprinkler Industry Apprentice And Training New Milford, CT | $8,318,559 | $7,669,959 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |
Private Industry Council Of Passaic County Incorporated Paterson, NJ | $8,802,108 | $8,665,964 |
Northeastern Joint Apprenticeship And Training Trust Fund Douglassville, PA | $22,903,103 | $9,711,696 |