Loose Cannons
- Assets
- $49.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 27-1414676
Organization Overview
Loose Cannons is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loose Cannons 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, Loose Cannons generated $35.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $18.8k during the year ending 12/2021. 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
TO INCREASE SOCIAL, CULTURAL AND EDUCATIONAL CONTACT BETWEEN THE PEOPLES OF THE UNITED STATES OF AMERICA AND VIETNAM AND HEAL THE OUTSTANDING WOUNDS OF WHAT BECAME KNOWN AS THE "VIETNAM WAR".
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Carrano Secretary | 1 | $0 | |
Alan C Brown Director | 1 | $0 | |
Jerry Heymann Treasurer | 1 | $0 | |
Frederick Jackson President | 1 | $0 | |
Dick Hughes Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,020 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,025 |
| 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 | $1,450 |
| Occupancy, rent, utilities, and maintenance | $8,800 |
| Printing, publications, postage, and shipping | $211 |
| Other expenses | $4,188 |
| Total expenses | $18,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,401 |
| Other assets | $0 |
| Total assets | $49,913 |
| Total liabilities | $1,502 |
| Net assets or fund balances | $48,411 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Loose Cannons has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Hargrove Pierce Foundation New York, NY PURPOSE: TO HEAL THE OUTSTANDING WOUNDS OF "THE VIETNAM WAR" THROUGH INCREASED SOCIAL, CULTURAL AND EDUCATIONAL CONTACT BETWEEN THE PEOPLE OF THE UNITED STATES AND VIET NAM. | $5,000 |
New Paradigm Fund Inc Washington, DC PURPOSE: SOCIAL, CULTURAL, EDUCATIONAL CONTACT BETWEEN UNITED STATES AND VIETNAM | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |
Metro World Child Foundation Inc Brooklyn, NY | $2,538,697 | $8,020,281 |
World Spiritual Awareness Forum Inc Roslyn Heights, NY | $803,724 | $7,990,339 |
Refugepoint Inc Boston, MA | $13,622,053 | $13,092,298 |
Albanian-American Development Foundation New York, NY | $216,065,025 | $9,264,607 |
Vsk Foundation Woodside, NY | $1,033,022 | $6,451,312 |
American Friends Of The Kiev Jewish Community Monsey, NY | $174,348 | $5,759,125 |