S M A C N A College Of Fellows Foundation
- Assets
- $1.8m
- Revenue
- $137.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Chantilly, VA
- Founding
- 03/1988
- Data as of
- 12/2023
- EIN
- 52-1538775
Organization Overview
S M A C N A College Of Fellows Foundation is located in Chantilly, VA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. S M A C N A College Of Fellows 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, S M A C N A College Of Fellows Foundation generated $137.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $152.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, S M A C N A College Of Fellows Foundation has awarded 175 individual grants totaling $566,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Demusis Chairman | 0.5 | $0 | |
James Cesak Vice Chair | 0.5 | $0 | |
James Strother Jr Treasurer | 0.5 | $0 | |
Jason Watson Staff Liaison | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,075 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,899 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,709 |
| Total Revenue | $137,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,018 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,749 |
| Total operating and administrative expenses | $19,906 |
| Contributions, gifts, grants paid | $133,000 |
| Total expenses and disbursements | $152,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,580 |
| Savings and temporary cash investments | $16,310 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,711,658 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,752,048 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, S M A C N A College Of Fellows Foundation has awarded $133,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
AINSLEY NELSON PURPOSE: SCHOLARSHIP | $2,000 |
ALEXANDRA ORGAN PURPOSE: SCHOLARSHIP | $4,000 |
AVERY BERGER PURPOSE: SCHOLARSHIP | $4,000 |
AUTUMN WALTERS PURPOSE: SCHOLARSHIP | $4,000 |
COLTON WHITE PURPOSE: SCHOLARSHIP | $4,000 |
ALEXIS HADINGER PURPOSE: SCHOLARSHIP | $3,000 |