F A R Institute Inc
- Assets
- $14.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-0884268
Organization Overview
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gduncan Finlay President CEO | 20 | $0 | |
Steven I Rothman Secretarytreasurer | 5 | $0 |
Financial Statements
| 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 |