F A R Institute Inc is located in Sarasota, FL. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F A R Institute 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 12/2021, F A R Institute Inc generated $2.0k 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 (37.2%) each year. All expenses for the organization totaled $2.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.0%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROGRAM INITIATIVES INCLUDE LAB REFERENCE STUDIES ALZHEIMER DISEASE RESEARCH HOSPITALIST STUDIES MULTIPLE CHRONIC CONDITIONS RESEARCH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven I Rothman Secretarytreasurer | 5 | $0 | |
Gduncan Finlay President CEO | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
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 | $2,000 |
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 | $470 |
Occupancy, rent, utilities, and maintenance | $1,331 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $546 |
Total expenses | $2,347 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $964 |
Other assets | $0 |
Total assets | $14,530 |
Total liabilities | $365,891 |
Net assets or fund balances | -$351,361 |
Over the last fiscal year, we have identified 1 grants that F A R Institute Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: PROGRAM SUPPORT | $5,000 |
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