Sodoka Inc
- Assets
- $196.3k
- Revenue
- $13.7k
- Investments
- $191.1k
- Employees
- 0
- Location
- Ocean View, DE
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 52-2104825
Organization Overview
Sodoka Inc is located in Ocean View, DE. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Sodoka 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, Sodoka Inc generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $62.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sodoka Inc has awarded 77 individual grants totaling $563,736. 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 |
|---|---|---|---|
Sara C Carlson Director & P | 0 | $0 | |
Leigh P Remy Director, VP | 0 | $0 | |
Ian B Cohen Director & S | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $8,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,855 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,747 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,984 |
| Total operating and administrative expenses | $6,620 |
| Contributions, gifts, grants paid | $56,200 |
| Total expenses and disbursements | $62,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,245 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $191,091 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $196,336 |
| 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, Sodoka Inc has awarded $56,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JOSHUA M FREEMAN FOUNDATION PURPOSE: CHARITABLE | $25,000 |
HOMECREST HOUSE INC PURPOSE: CHARITABLE | $500 |
THE MIGHTY EIGHTH AIR FORCE MUSEUM PURPOSE: CHARITABLE | $250 |
THE USO PURPOSE: CHARITABLE | $250 |
SALVATION ARMY PURPOSE: CHARITABLE | $200 |
UNIVERSITY OF MARYLAND PURPOSE: CHARITABLE | $30,000 |