Pink Aid Inc
- Assets
- $3.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Westport, CT
- Founding
- 02/2015
- Data as of
- 03/2024
- EIN
- 47-1031835
Organization Overview
Pink Aid Inc is located in Westport, CT. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2024, Pink Aid Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pink Aid 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 03/2024, Pink Aid Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.9m during the year ending 03/2024. While expenses have increased by 7.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pink Aid Inc has awarded 296 individual grants totaling $7,188,904. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE CARE TO BREAST CANCER PATIENTS UNTIL THERE IS A CURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S ACTIVITIES INCLUDE 1)ALLOCATING GRANTS TO HOSPITALS AND OTHER ORGANIZATIONS FORMED UNDER 501(C)(3) THAT SUPPORT BREAST CANCER PATIENTS AND SURVIVORS IN NEED OF DIAGNOSTIC TESTING, RECOVERY GARMENTS, POST-SURGICAL SUPPORT, WIGS, CRISIS COUNSELING AND WELLNESS PROGRAMS; 2)MAKING INDIVIDUAL GRANTS ON BEHALF OF BREAST CANCER PATIENTS CURRENTLY IN TREATMENT WHO NEED FINANCIAL ASSISTANCE WITH ESSENTIAL HOUSEHOLD EXPENSES SUCH AS RENT, UTILITIES, TRANSPORTATION AND FOOD; 3)PROVIDING INFORMATION AND EDUCATION TO SURVIVORS ABOUT BREAST CANCER THROUGH ITS WEBSITE AND EDUCATIONAL FORUMS.
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 |
|---|---|---|---|
Susan Byer Co-Treasurer, Past President Ct | OfficerTrustee | 10 | $0 |
Michele Corenman Board Director, Past President Ct | OfficerTrustee | 10 | $0 |
Wendy Schaefer Co-Treasurer | OfficerTrustee | 10 | $0 |
Jill Gerla Director, VP Grants | OfficerTrustee | 10 | $0 |
Amy Katz Chairman, Past President Ct, Co-Founder | OfficerTrustee | 10 | $0 |
Jean Lepore Director, Past Ct President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,211,330 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,510 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,693,840 |
| Total Program Service Revenue | $0 |
| Investment income | $123,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $191,692 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,009,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $895,032 |
| Grants and other assistance to domestic individuals. | $701,132 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,318 |
| Advertising and promotion | $0 |
| Office expenses | $12,211 |
| Information technology | $6,224 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,648 |
| All other expenses | $0 |
| Total functional expenses | $1,946,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,397 |
| Savings and temporary cash investments | $2,990,784 |
| Pledges and grants receivable | $230,074 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,170 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $40,173 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,588,598 |
| Accounts payable and accrued expenses | $35,365 |
| Grants payable | $574,815 |
| Deferred revenue | $12,656 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $622,836 |
| Net assets without donor restrictions | $2,172,491 |
| Net assets with donor restrictions | $793,271 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,588,598 |
Grants Awarded
Over the last fiscal year, Pink Aid Inc has awarded $891,547 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
ANN'S PLACE INC PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $25,000 |
CONNECTICUT CANCER FOUNDATION INC PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $27,000 |
BREAST CANCER EMERGENCY AID FOUNDATION PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $40,000 |
HARTFORD HOSPITAL PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $30,000 |
NORMA PFRIEM FOUNDATION PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $48,800 |
SAINT VINCENTS HOSPITAL PURPOSE: COMPASSIONATE CARE TO SUPPORT BREAST CANCER PATIENTS | $49,500 |