Whitsons Foundation
- Assets
- $112.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Islandia, NY
- Founding
- 05/2011
- Data as of
- 06/2022
- EIN
- 45-6163782
Organization Overview
Whitsons Foundation is located in Islandia, NY. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whitsons 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 06/2022, Whitsons Foundation generated $44.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $24.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS PROVIDED FINANCIAL ASSISTANCE TO 18PEOPLE WHO HAVE HAD HARDSHIPS AND WERE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Whitcomb Trustee | 1 | $0 | |
John Whitcomb Trustee | 1 | $0 | |
Robert E Whitcomb Trustee | 1 | $0 | |
Douglas Whitcomb Trustee | 1 | $0 | |
Beth Bunster Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,636 |
| 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 | $44,636 |
| 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 | $110 |
| Total expenses | $24,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,899 |
| Other assets | $0 |
| Total assets | $112,899 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,899 |
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|---|---|---|
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Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
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