Nartel Family Foundation
- Assets
- $3.6m
- Revenue
- $297.8k
- Investments
- $3.5m
- Employees
- 0
- Location
- Burton, MI
- Founding
- 05/1984
- Data as of
- 06/2024
- EIN
- 38-2477768
Organization Overview
Nartel Family Foundation is located in Burton, MI. The organization was established in 1984. 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. Nartel Family 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 06/2024, Nartel Family Foundation generated $297.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $347.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nartel Family Foundation has awarded 305 individual grants totaling $2,484,792. 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.
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 |
|---|---|---|---|
Evelyn Nartelski President Treasurer | 16 | $35,000 | |
Kathy Rembowski Trustee | 1 | $4,000 | |
Timothy Allen Secretary Commications Ofcr | 1 | $5,000 | |
Sylvia Mccown Trustee | 1 | $4,000 | |
Yolanda Bellanger Trustee | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $113,939 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $183,900 |
| Capital Gain Net Income | $183,900 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $297,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $183 |
| Printing and publications | $0 |
| Other expenses | $2,261 |
| Total operating and administrative expenses | $94,402 |
| Contributions, gifts, grants paid | $253,500 |
| Total expenses and disbursements | $347,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,077 |
| Savings and temporary cash investments | $0 |
| 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 | $1,972,236 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,555,258 |
| 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 |
Grants Awarded
Over the last fiscal year, Nartel Family Foundation has awarded $253,500 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG LIFE OF GENESEE COUNTY PURPOSE: MIDDLE & HIGH SCHOOL YOUTH MENTORING PROGRAM | $5,000 |
FLINT JEWISH FEDERATION PURPOSE: COMMUNITY OUTREACH & AID | $6,000 |
THE SALVATION ARMY OF GENESEE CNTY PURPOSE: PROVIDE FOR PHYSICAL & SPIRITUAL NEEDS | $5,000 |
FLINT INSTITUTE OF ARTS PURPOSE: ART INSTITUTE | $11,500 |
COMMUNITIES FIRST INC PURPOSE: ECON DEVELOPMENT AND AFFORDABLE HOUSING PROGRAMS | $7,500 |
HUMANE SOCIETY OF GENESEE COUNTY PURPOSE: PROTECTION & ADOPTION OF COMPANION PETS | $10,000 |