Global Material Technologies Charitable Foundation is located in Buffalo Grove, IL. The organization was established in 2016. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Material Technologies Charitable 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 12/2021, Global Material Technologies Charitable Foundation generated $61.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $81.0k during the year ending 12/2021. 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
COMMUNITY SUPPORT IN THE CHICAGO AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Norman Soep Director | 0 | $0 | |
Arnette Gary Director | 0 | $0 | |
Mark Mccoll Director | 0 | $0 | |
Azucena Rodriguez Director | 0 | $0 | |
Aleksander Boczek Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $61,502 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $61,502 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25 |
Total expenses | $81,025 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,201 |
Other assets | $0 |
Total assets | $12,201 |
Total liabilities | $0 |
Net assets or fund balances | $12,201 |
Over the last fiscal year, we have identified 2 grants that Global Material Technologies Charitable Foundation has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Reese Phifer Jr Memorial Foundation Tuscaloosa, AL PURPOSE: ANNUAL GIVING | $500 |
Reese Phifer Jr Memorial Foundation Tuscaloosa, AL PURPOSE: ANNUAL GIVING | $500 |
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