The Comis Foundation 7wd 74c03
- Assets
- $5.8m
- Revenue
- $2.3m
- Investments
- $4.1m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/2001
- Data as of
- 11/2023
- EIN
- 52-7142941
Organization Overview
The Comis Foundation 7wd 74c03 is located in Philadelphia, PA. The organization was established in 2001. 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. Comis Foundation 7wd 74c03 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 11/2023, Comis Foundation 7wd 74c03 generated $2.3m in total revenue. All expenses for the organization totaled $656.5k during the year ending 11/2023. While expenses have increased by 139.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Comis Foundation 7wd 74c03 has awarded 24 individual grants totaling $730,970. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Walter Trustee | 2 | $0 | |
Adam Osteryoung Trustee | 2 | $0 | |
Deborah Cobb Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $383,356 |
| Interest on Savings | $0 |
| Dividends & Interest | $112,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,112 |
| Capital Gain Net Income | $112,112 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,722,417 |
| Total Revenue | $2,329,885 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,421 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,826 |
| Printing and publications | $0 |
| Other expenses | $5,213 |
| Total operating and administrative expenses | $73,488 |
| Contributions, gifts, grants paid | $582,970 |
| Total expenses and disbursements | $656,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,640,932 |
| 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 | $4,110,930 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,751,862 |
| 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, The Comis Foundation 7wd 74c03 has awarded $582,970 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER DAY NURSERY ASSOCIATION PURPOSE: GENERAL SUPPORT OF SERVICES | $20,000 |
FRIENDS OF THE CHILDREN - SF BAY AREA PURPOSE: PROVIDE STABLE FUNDING FOR | $20,000 |
BAY AREA MUSIC PROJECT PURPOSE: EXPAND ESTABLISHED MUSIC | $50,000 |
CENTRONIA PURPOSE: 3 YEAR STUDY TO PROVIDE | $25,000 |
CHILD CARE AWARE OF AMERICA PURPOSE: SUPPORT FOR LAUNCH OF CO | $50,000 |
EARLY LEARNING VENTURES PURPOSE: EXPANSION OF SERVICES | $50,000 |