Shalamar Foundation Inc
- Assets
- $471.8k
- Revenue
- $126.4k
- Investments
- $430.1k
- Employees
- 0
- Location
- Utica, NY
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-1361420
Organization Overview
Shalamar Foundation Inc is located in Utica, NY. The organization was established in 2014. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Shalamar 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, Shalamar Foundation Inc generated $126.4k 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 (14.4%) each year. All expenses for the organization totaled $34.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Alexander J Rosenblum Director | 5 | $0 | |
Shona Rosenblum Director | 5 | $0 | |
Alan Rosenblum V.p./ Director | 5 | $0 | |
Mary Beth Rosenblum Pres/ Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,962 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $77,460 |
| Net ST Capital Gain | $3,012 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,409 |
| Total Revenue | $126,371 |
| 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 | $350 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,594 |
| Total operating and administrative expenses | $9,276 |
| Contributions, gifts, grants paid | $25,409 |
| Total expenses and disbursements | $34,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56 |
| Savings and temporary cash investments | $41,034 |
| 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 | $326,290 |
| Net Land, buildings, and equipment | $530 |
| Other assets | $0 |
| Total assets | $471,759 |
| 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, Shalamar Foundation Inc has awarded $25,409 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
VERONICA VABISHCHEVICH PURPOSE: DONATION FORELIGIBLE STUDENT | $9,052 |
KASSIE BERRY PURPOSE: DONATION FORELIGIBLE STUDENT | $6,614 |
MARIAH THRASHER PURPOSE: DONATION FORELIGIBLE STUDENT | $5,922 |
DYLAN ROCKER PURPOSE: DONATION FORELIGIBLE STUDENT | $2,849 |
BRIANNAH WEEKS PURPOSE: DONATION FORELIGIBLE STUDENT | $972 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoosac School Hoosick, NY | $9,736,705 | $10,403,119 |
Marvelwood Preparatory School Kent, CT | $16,886,654 | $9,571,296 |
Commonwealth School Inc Boston, MA | $37,136,185 | $11,096,073 |
Laraway Youth And Family Services Johnson, VT | $7,526,503 | $10,159,267 |
Green Mountain Valley School Inc Waitsfield, VT | $25,000,995 | $8,271,085 |
Northwood School Lake Placid, NY | $28,703,807 | $7,899,486 |
Tgs-Think Global School Inc New York, NY | $2,486,018 | $5,034,757 |
Philadelphia Electrical And Technology Charter High School Philadelphia, PA | $4,555,301 | $10,620,189 |
William L Gilbert School Corp Winsted, CT | $9,627,751 | $8,001,337 |
Yellow Breeches Educational Center Carlisle, PA | $8,262,471 | $8,494,239 |
Falmouth Academy Incorporated Falmouth, MA | $23,147,800 | $12,778,756 |
The Newman School Boston, MA | $11,310,210 | $8,351,226 |