Clareth Fund The Phila Association Of Zeta Psi Trustee Nect
- Assets
- $4.9m
- Revenue
- $558.6k
- Investments
- $831.3k
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- Data as of
- 12/2023
- EIN
- 23-2092500
Organization Overview
Clareth Fund The Phila Association Of Zeta Psi Trustee Nect is located in Philadelphia, PA.
For the year ending 12/2023, Clareth Fund The Phila Association Of Zeta Psi Trustee Nect generated $558.6k in total revenue. All expenses for the organization totaled $329.0k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Clareth Fund The Phila Association Of Zeta Psi Trustee Nect has awarded 188 individual grants totaling $945,300. 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 |
|---|---|---|---|
Ross Peet Vice President | 1 | $0 | |
Gregory E Mcelroy Treasurer | 3 | $0 | |
Walter Douglas President | 1 | $0 | |
Benjamin Fogel Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,853 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $422,734 |
| Capital Gain Net Income | $422,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $558,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,115 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $296 |
| Total operating and administrative expenses | $63,744 |
| Contributions, gifts, grants paid | $265,250 |
| Total expenses and disbursements | $328,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,113,162 |
| 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 | $831,332 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,944,494 |
| 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, Clareth Fund The Phila Association Of Zeta Psi Trustee Nect has awarded $265,250 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIEN CHEVRIER PURPOSE: TUITION GRANT | $7,000 |
ALEXANDER KNORR PURPOSE: TUITION GRANT | $1,500 |
ANDRES HUBSCH PURPOSE: TUITION GRANT | $1,000 |
ANTONIO PEDRO MARINHO PURPOSE: TUITION GRANT | $4,000 |
BRENO OLIVEIRA SALLOUTI PURPOSE: TUITION GRANT | $5,500 |
CHRISTOPHER ZYLSRA PURPOSE: TUITION GRANT | $500 |