Ad Fontes Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ad Fontes 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, Ad Fontes Inc generated $30.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $39.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3
AD FONTES SUPPORTS SCHOOLS, ORGANIZATIONS AND INDIVIDUALS DEDICATED TO ADDRESSING EDUCATIONAL NEEDS THROUGHOUT THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Lee President And Director | 5 | $0 | |
Christine Marocco Secretary And Director | 1 | $0 | |
Teresa Baik Treasurer And Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,350 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $30,359 |
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 | $800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $921 |
Total expenses | $39,721 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,177 |
Other assets | $0 |
Total assets | $34,177 |
Total liabilities | $0 |
Net assets or fund balances | $34,177 |
Over the last fiscal year, we have identified 1 grants that Ad Fontes Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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