Force 3 Foundation Inc
- Assets
- $15.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crofton, MD
- Founding
- 10/2010
- Data as of
- 12/2020
- EIN
- 27-2146581
Organization Overview
Force 3 Foundation Inc is located in Crofton, MD. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Force 3 Foundation Inc 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 12/2020, Force 3 Foundation Inc generated $68.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $71.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE DONATIONS TO OTHER ORGANIZATIONS TO FURTHER RESEARCH AND TREATEMENT OF CANCERS AND OTHER DISEASES THAT AFFECT CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Parry Chairman | 1 | $0 | |
Patrick Farr Treasurer | 1 | $0 | |
Kara Etzold Secretary | 1 | $0 | |
Chris Olds Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,355 |
| 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 | $68,355 |
| 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 | $1,198 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,263 |
| Total expenses | $71,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,979 |
| Other assets | $0 |
| Total assets | $14,979 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,979 |
Grants Awarded
Over the last fiscal year, Force 3 Foundation Inc has awarded $206,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS CANCER FOUNDATION PURPOSE: RESEARCH INTO THE TREATMENT OF CANCER IN CHILDREN | $131,200 |
LLS-E-FUNDRAISING PURPOSE: HELPING TO SPONSOR RESEARCH/RESOURCES FOR CHILDERN'S LEUKEMIA AND LYMPHOMA | $5,000 |
ASHS-THE SPAULDING FUND PURPOSE: HELPING TO MEET ACADEMIC AND APPLICABLE RESOURCE NEEDS | $5,000 |
JOHNS HOPKINS MEDICINE PURPOSE: HELPING TO SPONSOR RESEARCH FOR CHILDERN'S CANCER | $5,000 |
INDIAN CREEK SCHOOL PURPOSE: HELPING TO MEET ACADEMIC AND APPLICABLE RESOURCE NEEDS | $60,000 |