Collision Industry Foundation Inc
- Assets
- $315.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, VA
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 36-4437628
Organization Overview
Collision Industry Foundation Inc is located in Mechanicsville, VA. The organization was established in 2001. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Collision Industry 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, Collision Industry Foundation Inc generated $96.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $48.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 5 years. 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
SECURING AND DISTRIBUTING DONATIONS TO COLLISION REPAIR PROFESSIONALS WHO HAVE EXPERIENCED SIGNIFICANT LOSSES DUE TO NATURAL DISASTERS OR OTHER CATASTROPHIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Boswell Trustee | 5 | $0 | |
Kelly Broderick Trustee | 5 | $0 | |
Jeff Wildman Trustee | 5 | $0 | |
Yvette Burke Trustee | 5 | $0 | |
Michael Quinn President | 5 | $0 | |
Ann Gonzalez Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,161 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,829 |
| Gain or Loss | $3,128 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,118 |
| 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 | $6,091 |
| Occupancy, rent, utilities, and maintenance | $638 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,211 |
| Total expenses | $48,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,415 |
| Other assets | $0 |
| Total assets | $315,462 |
| Total liabilities | $66,250 |
| Net assets or fund balances | $249,212 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Collision Industry Foundation Inc has recieved totaling $280.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |
Izmirlian International Foundation Washington, DC | $264 | $2,005,003 |