Danish American Language Foundation is located in Libertyville, IL. The organization was established in 1976. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Danish American Language Foundation 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 12/2022, Danish American Language Foundation generated $22.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $19.1k during the year ending 12/2022. While expenses have increased by 18.9% per year over the past 8 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Pedersen President | 2 | $0 | |
Janek Pedersen Treasurer | 1 | $0 | |
Lea Olesen Secretary | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $11,187 |
Interest on Savings | $4,837 |
Dividends & Interest | $6,473 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $22,497 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $291 |
Taxes | $725 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $11,306 |
Total operating and administrative expenses | $12,322 |
Contributions, gifts, grants paid | $6,750 |
Total expenses and disbursements | $19,072 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,389 |
Savings and temporary cash investments | $22,052 |
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 | $172,585 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $199,026 |
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 |
Over the last fiscal year, Danish American Language Foundation has awarded $6,750 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
DANIKA STEWART PURPOSE: SCHOLARSHIP | $1,000 |
LYDIA ORUM-KELLER PURPOSE: SCHOLARSHIP | $1,000 |
SEBASTIAN OLESEN PURPOSE: SCHOLARSHIP | $1,000 |
GABRIELE JEPPESEN-BELLECI PURPOSE: SCHOLARSHIP | $1,000 |
DANIEL OLSEN PURPOSE: SCHOLARSHIP | $1,000 |
NATIONAL FNDN FOR DANISH AMERICA PURPOSE: DONATION | $750 |