Triple Threat Foundation
- Assets
- $330.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Bala Cynwyd, PA
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 26-1151519
Organization Overview
Triple Threat Foundation is located in Bala Cynwyd, PA. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triple Threat 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 12/2021, Triple Threat Foundation generated $134.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $157.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ATHLETIC PROGRAM TO HELP DEVELOP FUNDAMENTAL SKILLS AND PROVIDE EXPOSURE TO COLLEGE COACHES FOR DISADVANTAGED CHILDREN.
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 |
|---|---|---|---|
Joseph Meade Director | 2 | $0 | |
Scott Bass Director | 2 | $0 | |
Lori Dumas Director | 2 | $0 | |
Raheemah Shamsid Director | 2 | $0 | |
Shawn Gee Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,829 |
| Total Program Service Revenue | $14,711 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,540 |
| 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 | $8,324 |
| Occupancy, rent, utilities, and maintenance | $1,016 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $148,517 |
| Total expenses | $157,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147 |
| Other assets | $0 |
| Total assets | $330 |
| Total liabilities | $58,235 |
| Net assets or fund balances | -$57,905 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Triple Threat Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Education Academy Akron, OH | $8,266,600 | $36,695,816 |
Aspira Inc Of Pennsylvania Philadelphia, PA | $16,896,454 | $35,689,519 |
Ideastream Cleveland, OH | $47,798,321 | $23,794,645 |
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Directions For Youth & Families Inc Columbus, OH | $17,494,170 | $7,448,441 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Youth Intensive Services Youngstown, OH | $5,192,901 | $8,719,179 |
Catholic Youth Summer Camp Inc Centerburg, OH | $24,885,717 | $8,487,345 |