Kressworks Foundation
- Assets
- $41.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northville, MI
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-2042054
Organization Overview
Kressworks Foundation is located in Northville, MI. The organization was established in 2011. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kressworks 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, Kressworks Foundation generated $52.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $30.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) 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
DEVELOP COMPUTER SYSTEMS FOR USE IN RESEARCH SOFTWARE TO REVIEW VARIOUS RESULTS AND RELATIONSHIPS IN A MORE SCIENTIFIC MANNER. SUBMITTED TWO PROVISIONAL PATENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kress President | 50 | $0 | |
James Bosley Director | 0 | $0 | |
Henriette Eles Treasurer | 20 | $0 | |
Geri Brown Director | 0 | $0 | |
Dave Brown Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,764 |
| 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 | $52,764 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $2,328 |
| Printing, publications, postage, and shipping | $127 |
| Other expenses | $26,766 |
| Total expenses | $30,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121 |
| Other assets | $0 |
| Total assets | $41,038 |
| Total liabilities | $974 |
| Net assets or fund balances | $40,064 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kressworks Foundation has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
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Society For Freshwater Science Ashland, WI | $2,423,266 | $353,965 |
River Raisin Watershed Council Adrian, MI | $52,887 | $0 |
United States Of America National Comm Of The Intl Dairy Fed Inc Fitchburg, WI | $291,699 | $0 |
Coalition For The New Economy Indianapolis, IN | $30,653 | $25,000 |
Magnolia Society Inc Cincinnati, OH | $347,757 | $91,867 |
Naturist Education Foundation Inc Oshkosh, WI | $1,192,745 | $54,627 |