K2 Wind Foundation Inc
- Assets
- $34.5k
- Revenue
- $555.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hollywood, FL
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1222099
Organization Overview
K2 Wind Foundation Inc is located in Hollywood, FL. The organization was established in 2014. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K2 Wind 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 12/2022, K2 Wind Foundation Inc generated $555.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $555.9k during the year ending 12/2022. While expenses have increased by 16.5% per year over the past 8 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, K2 Wind Foundation Inc has awarded 14 individual grants totaling $821,420. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES CONTRIBUTIONS TO 501 (C)(3) CHARITIES THAT SUPPORT AND PROMOTE SUSTAINABLE ENVIRONMENTAL AND ECONOMIC ACTIVITIES, INCLUDING BUT NOT LIMITED TO RENEWABLE ENERGY, SUSTAINABLE FARMING AND RECYCLING WITH AN EMPHASIS ON ELIMINATING PLASTIC WASTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wallington Director | 7 | $10,000 | |
Keegan Caffyn Director | 5 | $10,000 | |
Kelsey Caffyn Director | 5 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $555,000 |
| Interest on Savings | $0 |
| 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 | $555,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,920 |
| Total operating and administrative expenses | $55,920 |
| Contributions, gifts, grants paid | $500,000 |
| Total expenses and disbursements | $555,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,537 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $34,537 |
| 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 Awarded
Over the last fiscal year, K2 Wind Foundation Inc has awarded $500,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PRIME IMPACT LOAN FUNDS I LLC PURPOSE: RECOVERABLE GRANT TO SUPPORT COMPANIES THAT PRIME COALITION BELIEVES HAVE TRANSFORMATIVE CLIMATE IMPACT POTENTIAL. | $200,000 |
Needham, MA PURPOSE: GENERAL PURPOSE DONATION | $100,000 |
Tallahassee, FL PURPOSE: HURRICANE IAN FLORIDA DISASTER FUND | $100,000 |
Virginia Beach, VA PURPOSE: GENERAL PURPOSE DONATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL | $225,281,750 | $41,727,207 |
Sunsystem Development Corporation Altamonte Springs, FL | $162,692,831 | $28,088,439 |
Joe Dimaggio Childrens Hospital Foundation Inc Hollywood, FL | $82,320,929 | $14,894,521 |
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |
Community Hospice Of Northeast Florida Foundation For Caring Inc Jacksonville, FL | $23,319,207 | $6,212,516 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |
Health First Foundation Inc Rockledge, FL | $8,113,598 | $1,323,822 |