Caad Foundation Inc

Organization Overview

Caad Foundation Inc is located in Cheshire, CT. The organization was established in 2012. 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. Caad 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 06/2021, Caad Foundation Inc generated $79.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $16.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MAITAIN AND PROMOTE HIGH SCHOOL PROGRAMS IN SCHOOLS THAT ARE MEMBERS OF THE CONNECTICUT ASSOCIATION OF SCHOOLS THAT WILL ENCOURGA ETHE WIDEST POSSIBLE STUDENT PARTICIPATION WITH THE HIGHEST POSSIBLE STANDARDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF THE IMPORTANCE OF HIGH SCHOOL ATHLETICS; IMPROVEMENT OF RELATIONSHIPS BETWEEN ATHLETES AND ATHLETIC PROGRAMS THROUGHOUT CONNECTICUT SCHOOLS; PRESENTATION OF OPPORTUNITIES FOR EXCHANGE OF IDEAS OF MUTUAL PROBLEMS AND PRACTICES; CREATION OF BETTER UNITY AND COMMUNICATIONS AMONG ALL MEMBER SCHOOLS; FOSTER HIGH STANDARDS OF PROFESSIONAL PROFICIENCY AND ETHICS; ACT AS A LIASON FOR THE DISSEMINATION OF PERTINENT.


PROMOTION OF THE IMPORTANCE OF HIGH SCHOOL ATHLETICS; IMPROVEMENT OF RELATIONSHIPS BETWEEN ATHLETES AND ATHLETIC PROGRAMS THROUGHOUT CONNECTICUT SCHOOLS; PRESENTATION OF OPPORTUNITIES FOR EXCHANGE OF IDEAS OF MUTUAL PROBLEMS AND PRACTICES; CREATION OF BETTER UNITY AND COMMUNICATIONS AMONG ALL MEMBER SCHOOLS; FOSTER HIGH STANDARDS OF PROFESSIONAL PROFICIENCY AND ETHICS; ACT AS A LIASON FOR THE DISSEMINATION OF PERTINENT.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Marcucio
Treasurer
$0
Fred Balsamo
President
$0
Trish Witkin
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$75,584
Investment income $3,842
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $79,426

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