Fastener Education Foundation Inc is located in Seal Beach, CA. The organization was established in 2015. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fastener Education 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 12/2020, Fastener Education Foundation Inc generated $2.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (58.0%) each year. All expenses for the organization totaled $28.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATION FOR PERSONS IN THE FASTENER INDUSTRY
TO PROVIDE EDUCATION FOR PERSONS IN THE FASTENER INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
M Lentini Pres | 2 | $0 | |
B Wheeler VP | 2 | $0 | |
M Delawder Secr-Treas | 2 | $0 | |
R Doran Dir | 2 | $0 | |
R Peterson Dir | 2 | $0 | |
D Walker Dir | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,650 |
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 | $2,650 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,840 |
Total expenses | $28,840 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,722 |
Other assets | $0 |
Total assets | $20,722 |
Total liabilities | $0 |
Net assets or fund balances | $20,722 |
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