Peter D Atchoo And Nathima H Atchoo Family Foundation
- Assets
- $253.8k
- Revenue
- $12.2k
- Investments
- $244.2k
- Employees
- 0
- Location
- West Bloomfield, MI
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 38-3223493
Organization Overview
Peter D Atchoo And Nathima H Atchoo Family Foundation is located in West Bloomfield, MI. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Peter D Atchoo And Nathima H Atchoo 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 12/2021, Peter D Atchoo And Nathima H Atchoo Family Foundation generated $12.2k 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 (47.5%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathima Atchoo President | 0 | $0 | |
Fanar Atchoo Wright Assistant Treasurer | 0 | $0 | |
Fawaz Atchoo Director | 0 | $0 | |
Firas Atchoo Director | 0 | $0 | |
Faris Atchoo Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,948 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22 |
| Capital Gain Net Income | $22 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,231 |
| Total Revenue | $12,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $29 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $12,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,651 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $253,847 |
| 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, Peter D Atchoo And Nathima H Atchoo Family Foundation has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Sterling Heights, MI PURPOSE: IMPROVING THE STABILITY, HEALTH AND WELLNESS OF THOSE THE FOUNDATION SERVICES THROUGH ADVOCACY, ACCULTURATION, COMMUNITY DEVELOPMENT AND CULTURAL PRESERVATION | $12,000 |
GARY BURNSTEIN CLINIC PURPOSE: FREE CLINIC THAT PROVIDES PRIMARY FREE MEDICAL HELATH AND DENTAL SERVICES TO INDIVIDUALS WHO ARE LOW INCOME AND UNINSURED | $2,000 |
CHALDEAN LADIES OF CHARITY PURPOSE: THE CHALDEAN AMERICAN LADIES OF CHARITY (CALC) IS A NONPROFIT COMMUNITY ORGANIZATION THAT SERVES THE NEEDS OF THE 120,000 CHALDEANS LIVING IN THE METRO DETROIT AREA. THE MAIN MISSION OF THE ORGANIZATION IS TO PRESERVE THE CHALDEAN HERITAGE AND HELP THE NEEDY CHALDEAN FAMILIES IN THE AREA. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |
Christ Cares For Kids Foundation Traverse City, MI | $46,569,965 | $9,675,626 |
James J And Joan A Gardner Family Foundation Cincinnati, OH | $68,091,187 | $14,231,664 |