Sinapi Foundation Inc
- Assets
- $11.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Davidson, NC
- Founding
- 10/2013
- Data as of
- 12/2022
- EIN
- 46-0653354
Organization Overview
Sinapi Foundation Inc is located in Davidson, NC. The organization was established in 2013. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sinapi Foundation Inc 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 12/2022, Sinapi Foundation Inc generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $649.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (55.2%) per year over the past 6 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
NO PROGRAMS FUNDED IN 2022 ACCUMULATING FOR A 2023 GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Quinn President And CFO | 3 | $0 | |
Amelia Hartman Director | 0.25 | $0 | |
L Michael Kayes Director | 0.25 | $0 | |
Elizabeth Quinn Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,314 |
| 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 | $4,314 |
| 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 | $101 |
| Occupancy, rent, utilities, and maintenance | $350 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $0 |
| Total expenses | $649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,158 |
| Other assets | $0 |
| Total assets | $11,158 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,158 |