Emma & Frank Binz Memorial Fund
- Assets
- $9.7m
- Revenue
- $3.7m
- Investments
- $2.9m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 06/1972
- Data as of
- 12/2021
- EIN
- 34-6506756
Organization Overview
Emma & Frank Binz Memorial Fund is located in Brooklyn, OH. The organization was established in 1972. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Emma & Frank Binz Memorial Fund 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, Emma & Frank Binz Memorial Fund generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.5% each year . All expenses for the organization totaled $437.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $82,639 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,607,628 |
| Capital Gain Net Income | $3,607,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,217 |
| Total Revenue | $3,692,484 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,068 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $322 |
| Total operating and administrative expenses | $58,690 |
| Contributions, gifts, grants paid | $378,450 |
| Total expenses and disbursements | $437,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,810,599 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,934,161 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,744,760 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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