Siop Foundation Inc
- Assets
- $152.4k
- Revenue
- $250.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bowling Green, OH
- Founding
- 08/1999
- Data as of
- 06/2021
- EIN
- 34-1875995
Organization Overview
Siop Foundation Inc is located in Bowling Green, OH. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siop 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 06/2021, Siop Foundation Inc generated $250.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $180.2k during the year ending 06/2021. While expenses have increased by 4.2% 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.
Since 2021, Siop Foundation Inc has awarded 12 individual grants totaling $118,715. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE OUTREACH OF BOTH THE PRACTICE AND THE SCIENCE OF INDUSTRIAL AND ORGANIZATIONAL PSYCHOLOGY SO THAT THOSE IN THE FIELD CAN PLAY AN INCREASINGLY VITAL ROLE IN FOSTERING SMARTER WORKPLACES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCLUDE GRANTS PAID
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton Hakel President | OfficerTrustee | 2 | $0 |
Richard Klimoski Vice President | OfficerTrustee | 2 | $0 |
Adrienne Colella Communications Officer | OfficerTrustee | 2 | $0 |
Nancy Tippins Secretary | OfficerTrustee | 2 | $0 |
Leaetta Hough Treasurer | OfficerTrustee | 2 | $0 |
Evan Sinar Financial Officer, Ex Officio | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,880 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $250,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $35,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,791 |
| Benefits paid to or for members | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $37 |
| All other expenses | $0 |
| Total functional expenses | $180,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,409 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $152,409 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $152,409 |
Grants Awarded
Over the last fiscal year, Siop Foundation Inc has awarded $118,715 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: Research funding | $14,372 |
TEXAS A&M UNIVERSITY PURPOSE: Research funding | $12,731 |
Memphis, TN PURPOSE: Research funding | $12,592 |
UNIVERSITY OF MINNESOTA PURPOSE: Research funding | $10,000 |
East Lansing, MI PURPOSE: Research funding | $10,000 |
UNIVERSITY OF SOUTH FLORIDA PURPOSE: Research funding | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Siop Foundation Inc has recieved totaling $18,000.
| Awarding Organization | Amount |
|---|---|
Shrm Foundation Inc Alexandria, VA PURPOSE: GENERAL SUPPORT | $15,000 |
George & Louise Thornton Charitable Foundation Loveland, CO PURPOSE: SCHOLARSHIP FUND | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |