Kennek Foundation Inc is located in Marblehead, MA. The organization was established in 2015. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kennek 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, Kennek Foundation Inc generated $39.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $34.0k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheila M Duncan President | 30 | $0 | |
Susan J Donahue Secretary | 2 | $0 | |
Patricia A Narcessian Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $37,941 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,290 |
Other Revenue | $0 |
Total Revenue | $39,231 |
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 | $8,207 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $403 |
Other expenses | $9,133 |
Total expenses | $34,019 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,202 |
Other assets | $0 |
Total assets | $10,070 |
Total liabilities | $24,775 |
Net assets or fund balances | -$14,705 |
Over the last fiscal year, we have identified 2 grants that Kennek Foundation Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Stone Family Charitable Foundation Brighton, MA PURPOSE: UNRESTRICTED | $3,000 |
The Devereaux Charitable Foundation Trust Malden, MA PURPOSE: UNRESTRICTED / GENERAL | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Sharp Charitable Tr Newton, MA | $8,222,395 | $1,860,011 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Joyce Hergenhan Private Foundation Fairfield, CT | $4,037,389 | $229,293 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
Brides Across America Andover, MA | $512,791 | $461,175 |
Commonwealth Cares Fund Inc Waltham, MA | $1,360,663 | $804,758 |
Cardinal Kung Foundation Inc Stamford, CT | $669,690 | $284,920 |