Fes Institute
- Assets
- $382.2k
- Revenue
- $36.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 06/1998
- Data as of
- 06/2021
- EIN
- 34-1854326
Organization Overview
Fes Institute is located in Cleveland, OH. The organization was established in 1998. According to its NTEE Classification (V99) the organization is classified as: Social Science N.E.C., under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fes Institute 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 06/2021, Fes Institute generated $36.4k 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 (4.7%) each year. All expenses for the organization totaled $21.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FES INSTITUTE, A 501 (C)(3) ORGANIZATION, IS OPERATED EXCLUSIVELY FOR PUBLIC, CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES; INCLUDING, IMPROVING THE QUALITY OF LIFE OF INDIVIDUALS WITH DISABILITIES THROUGH DEVELOPMENT OF TECHNOLOGY, THE DISSEMINATION OF INFORMATION RELATIVE TO, AND THE EDUCATION OF THE PUBLIC WITH REPECT TO SUCH TECHNOLOGY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Alberts President | Trustee | 2 | $0 |
Paul Sonye Trustee | Trustee | 2 | $0 |
Dr Harry Hoyen MD Chairman | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,099 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,099 |
| Total Program Service Revenue | $12,362 |
| Investment income | $3,828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,066 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,355 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,799 |
| Fees for services: Other | $0 |
| Advertising and promotion | $589 |
| Office expenses | $2,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,032 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,823 |
| Savings and temporary cash investments | $349,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $382,241 |
| Accounts payable and accrued expenses | $982 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $982 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $381,259 |
| Total liabilities and net assets/fund balances | $382,241 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fes Institute has recieved totaling $43.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Antimicrobial Council Midland, MI | $771,927 | $580,507 |
Institute For Research And Reform In Education Inc Cincinnati, OH | $577,560 | $593,314 |
Social Program Evaluators & Consultants Inc Southfield, MI | $431,513 | $494,599 |
Optimist Club Foundation Of Bazetta -Cortland Ohio Inc Cortland, OH | $409,390 | $223,839 |
Fes Institute Cleveland, OH | $382,241 | $36,355 |
United Astrology Conference Inc Richland, MI | $19,678 | $0 |