Suzanne Sloat & Ray Okonski Foundation
- Assets
- $668.5k
- Revenue
- $116.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dearborn Heights, MI
- Founding
- 02/1998
- Data as of
- 04/2024
- EIN
- 38-3352871
Organization Overview
Suzanne Sloat & Ray Okonski Foundation is located in Dearborn Heights, MI. The organization was established in 1998. 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. Suzanne Sloat & Ray Okonski 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 04/2024, Suzanne Sloat & Ray Okonski Foundation generated $116.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $31.7k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Dennis Walkowiak Chair/pres/t | 12 | $0 | |
Susan Walkowiak Secretary/di | 0 | $0 | |
Don Binkowski Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,496 |
| Interest on Savings | $24,250 |
| Dividends & Interest | $22 |
| 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 | $906 |
| Total Revenue | $116,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,698 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $31,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,266 |
| Savings and temporary cash investments | $524,250 |
| 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 | $668,516 |
| 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, Suzanne Sloat & Ray Okonski Foundation has awarded $29,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MICHIG PURPOSE: SCHOLARSHIPS | $5,000 |
FRIENDS OF POLISH ART PURPOSE: SCHOLARSHIPS | $500 |
POLISH CENTURY HERITAGE FOUNDATION PURPOSE: CULTURAL ENRICHMENT | $1,000 |
AMERICAN POLISH CULTURAL SOCIETY PURPOSE: SUPPORT ORG'S MISSION | $500 |
NATIONAL POLISH AMERICAN SPORTS PURPOSE: SUPPORT ORG'S MISSION | $3,000 |
POLISH AMERICAN CONGRESS PURPOSE: SCHOLARSHIPS | $1,000 |