National Charity Foundation
- Assets
- $2.0m
- Revenue
- $241.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Shoreview, MN
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 41-1892773
Organization Overview
National Charity Foundation is located in Shoreview, MN. The organization was established in 1998. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Charity 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, National Charity Foundation generated $241.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $16.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR 5 CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devender K Syal Director | 2 | $0 | |
Daniel Carl Director | 1 | $0 | |
Naveen Shani Director | 1 | $0 | |
Sanjay Syal President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $152,078 |
| Interest on Savings | $0 |
| Dividends & Interest | $89,193 |
| 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 | $0 |
| Total Revenue | $241,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $284 |
| Total operating and administrative expenses | $2,686 |
| Contributions, gifts, grants paid | $13,500 |
| Total expenses and disbursements | $16,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,742 |
| 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 | $1,998,398 |
| 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, National Charity Foundation has awarded $13,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GEETA ASHRAM PURPOSE: GENERAL | $5,000 |
Anoka, MN PURPOSE: GENERAL | $2,500 |
IMMIGRANT LAW CENTER PURPOSE: GENERAL | $2,000 |
Minneapolis, MN PURPOSE: GENERAL | $2,000 |
Minneapolis, MN PURPOSE: GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeast Iowa Area Agency On Aging Inc Waterloo, IA | $3,520,816 | $9,481,257 |
Central Minnesota Council Aging Inc Sartell, MN | $1,275,140 | $7,874,791 |
Horizon Health Inc Pierz, MN | $5,933,505 | $9,032,202 |
Interfaith Older Adult Programs Inc Milwaukee, WI | $1,903,489 | $6,806,853 |
Southeastern Minnesota Area Agency On Aging Inc Rochester, MN | $1,516,136 | $6,280,522 |
Aging And Disability Resource Center Of Brown County Inc Green Bay, WI | $5,001,556 | $6,255,599 |
Connections Area Agency On Aging Inc Council Bluffs, IA | -$414,939 | $5,568,873 |
Elderbridge Agency On Aging Mason City, IA | $4,687,674 | $5,849,519 |
Milestones Area Agency On Aging Davenport, IA | $2,561,331 | $6,004,219 |
Aging Resources Of Central Ia Des Moines, IA | $1,507,891 | $5,359,650 |
Senior Citizens Services Inc Sioux Falls, SD | $15,443,650 | $4,706,144 |
Burleigh County Council On Aging Bismarck, ND | $3,007,882 | $3,617,520 |