Ad Foundation Inc
- Assets
- $359.0k
- Revenue
- $98.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Pewaukee, WI
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-1308447
Organization Overview
Ad Foundation Inc is located in Pewaukee, WI. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ad 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 12/2021, Ad Foundation Inc generated $98.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $59.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EL PUENTE HIGH SCHOOL - A SCHOOL THE FOUNDATION PROVIDS A BUILDING COMPLEX THAT IS UTILIZED BY A CHOICE HIGH SCHOOL, A FOOD PANTRY & A NONDEMONILATIONAL CHURCH
EBENEZER STONE FOOD PANTRY AND SOUP KITCHEN
IGELSIA NUEVA VIDA - A PENTECOSTAL CHUCRCH
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Wick President | 4 | $0 | |
Nathan Wick Director | 0 | $0 | |
Robert Wick Treasurer | 1 | $0 | |
Audra Wick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $143 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $98,393 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $6,667 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,134 |
| Total operating and administrative expenses | $59,801 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $59,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,918 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $226,063 |
| Other assets | $0 |
| Total assets | $358,981 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ad Foundation Inc has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Mission Eurasia Wheaton, IL | $4,079,309 | $7,777,222 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Refugeeone Chicago, IL | $12,176,477 | $10,528,802 |
Truth And Tidings Gospel Trust U S A Canton, MI | $502,983 | $5,982,784 |
Faith And Learning International Nfp Wheaton, IL | $3,798,689 | $6,103,075 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
St Michaels Media Inc Ferndale, MI | $1,094,863 | $4,871,476 |
Mount Zion Baptist World Missions Fairfield, IL | $5,466,048 | $7,731,784 |