Nick Katsiroubas Foundation Inc
- Assets
- $833.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4469791
Organization Overview
Nick Katsiroubas Foundation Inc is located in Needham, MA. The organization was established in 2014. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nick Katsiroubas 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, Nick Katsiroubas Foundation Inc generated $13.5k 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 (11.2%) each year. All expenses for the organization totaled $19.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Stamm Director | 1.25 | $0 | |
Torry Katsiroubas Stamm President | 2.5 | $0 | |
Jill Katsiroubas Director | 1.25 | $0 | |
Ted Katsiroubas Treasurer | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,475 |
| 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 | $13,475 |
| 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 | $1,414 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35 |
| Total expenses | $19,655 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $833 |
| Other assets | $0 |
| Total assets | $833 |
| Total liabilities | $0 |
| Net assets or fund balances | $833 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nick Katsiroubas Foundation Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farm Aid Inc Cambridge, MA | $3,537,834 | $2,448,081 |
Restaurant Workers Community Foundation Inc New York, NY | $2,207,015 | $2,171,722 |
Three Squares New England Dedham, MA | $244,066 | $642,501 |
Bluenumber Foundation Inc New York, NY | $170,714 | $554,461 |
Fairway Community Foundation Inc Balwin, NY | $54,672 | $0 |
Ahavas Chessed 613 Corp Spring Valley, NY | $57,960 | $0 |
Friends Of Sholan Farms Leominster, MA | $314,708 | $213,599 |
Friends Of Emek Learning Center Inc New City, NY | $12,365 | $0 |
Harry Chapin Memorial Run Against Hunger Croton on Hudson, NY | $13,491 | $0 |
Eastern States Exposition Foundation Inc West Springfield, MA | $779,024 | $127,340 |
Slater Family Foundation Norfolk, MA | $100,171 | $371 |
Nick Katsiroubas Foundation Inc Needham, MA | $833 | $0 |