Potomac Charities Inc
- Assets
- $66.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 10/2008
- Data as of
- 12/2019
- EIN
- 26-2269098
Organization Overview
Potomac Charities Inc is located in Potomac, MD. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Islam President, Director | 5 | $0 | |
Debbie Driesman Vice President, Director | 5 | $0 | |
Richard J Roth Treasurer, Director | 1 | $0 | |
William Askinazi Secretary, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $137,937 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,656 |
| Other assets | $0 |
| Total assets | $66,656 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,656 |