Passing-It-On Foundation Inc
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 02/2015
- Data as of
- 12/2021
- EIN
- 47-2598246
Organization Overview
Passing-It-On Foundation Inc is located in Prospect, KY. The organization was established in 2015. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Passing-It-On 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, Passing-It-On Foundation Inc generated $1.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $444.0 during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL FOUNDATION TEACHING CHARACTER AND LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Lolla President | 0 | $0 | |
Ken Lolla Secretary | 0 | $0 | |
Virginia Bowman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,705 |
| 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 | $1,705 |
| 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 | $415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29 |
| Total expenses | $444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,710 |
| Other assets | $0 |
| Total assets | $1,710 |
| Total liabilities | $3,635 |
| Net assets or fund balances | -$1,925 |