Kool Boiz Foundation
- Assets
- $37.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marysville, OH
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 47-4625578
Organization Overview
Kool Boiz Foundation is located in Marysville, OH. The organization was established in 2016. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kool Boiz Foundation 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 12/2023, Kool Boiz Foundation generated $70.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $104.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Rushton President | 5 | $40,065 | |
Scott Washington Vice-President | 1 | $0 | |
Angela Johnson Secretary | 1 | $0 | |
Dwayne Townsend Treasurer | 1 | $0 | |
Kenneth Boone Board Member | 1 | $0 | |
Melissa Brown Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,798 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,529 |
| Other Revenue | $0 |
| Total Revenue | $70,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,065 |
| Professional fees and other payments to independent contractors | $4,517 |
| Occupancy, rent, utilities, and maintenance | $9,563 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,218 |
| Total expenses | $104,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,982 |
| Other assets | $0 |
| Total assets | $36,982 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,982 |