Sponsor Kids Foundation Inc is located in Dublin, OH. The organization was established in 2012. 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. Sponsor Kids 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 12/2021, Sponsor Kids Foundation Inc generated $82.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $84.2k during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
IN 2021, SPONSOR KIDS FOUNDATION PROVIDED A GRANTS TO 14 INDIVIDUALS FOR EDUCATION AND ALSO GRANTED MONEY TO TWO INTERNATIONAL CHARITIES, ONE TO PROVIDE COVID RELIEF AND ANOTHER TO SUPPORT ADOLESCENT GIRLS AND CHILDREN AROUND THE WORLD TO OVERCOME OPPRESSION AND GENDER INEQUALITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Srikanth Gaddam Trustee | 10 | $0 | |
Sam Shihab Trustee | 1 | $0 | |
Kiran Beeravelli Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $82,680 |
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 | $82,680 |
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 | $1,700 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $84,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $167,532 |
Other assets | $0 |
Total assets | $167,532 |
Total liabilities | $0 |
Net assets or fund balances | $167,532 |
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