Air-Pruning Technologies
- Assets
- $2.8m
- Revenue
- $163.1k
- Investments
- $632.4k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 56-2093339
Organization Overview
Air-Pruning Technologies is located in Raleigh, NC. The organization was established in 1999. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air-Pruning Technologies 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 12/2021, Air-Pruning Technologies generated $163.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $184.9k during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 6 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 2017, Air-Pruning Technologies has awarded 27 individual grants totaling $1,329,000. 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 |
|---|---|---|---|
Ulric Huang Director | 3 | $0 | |
Lucas Huang Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,504 |
| Dividends & Interest | $6,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,520 |
| Capital Gain Net Income | $154,520 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,460 |
| Depreciation | $8,958 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,858 |
| Total operating and administrative expenses | $36,878 |
| Contributions, gifts, grants paid | $148,000 |
| Total expenses and disbursements | $184,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,406 |
| Savings and temporary cash investments | $1,659,043 |
| 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 | $455,393 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,821,223 |
| 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, Air-Pruning Technologies has awarded $148,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL NETWORK FOR SIMULATION-BASED PEDIATRIC INNOVATION RESEARCH PURPOSE: GENERAL SUPPORT | $58,000 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: GENERAL SUPPORT | $50,000 |
GLOBAL NETWORK FOR SIMULATION IN HEALTHCARE PURPOSE: GENERAL SUPPORT | $10,000 |
Cary, NC PURPOSE: GENERAL SUPPORT | $10,000 |
PANCREATIC CANCER EDUCATION PURPOSE: GENERAL SUPPORT | $10,000 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Managed Care Pharmacy A New Jersey Nonprofit Corporation Alexandria, VA | $27,096,439 | $20,779,074 |
Virginia Health Information Richmond, VA | $10,541,245 | $9,704,861 |
Virginia Biosciences Health Research Corporation Richmond, VA | $18,803,065 | $7,801,213 |
Building Change Inc Richmond, VA | $163,183 | $1,312,788 |
Laboratory Products Association White Post, VA | $1,807,219 | $1,215,035 |
Science Atl Inc Decatur, GA | $783,447 | $966,466 |
Unlab Inc Savannah, GA | $216,434 | $937,058 |
Scientific Equipment & Furniture Association Columbia, SC | $793,700 | $559,235 |
Gma Science And Education Foundation Arlington, VA | $730,605 | $404,209 |
Decatur Makers Inc Decatur, GA | $135,531 | $284,553 |
Air-Pruning Technologies Raleigh, NC | $2,821,223 | $163,099 |
Foundation Of The National Automatic Merchandising Assoc Arlingtion, VA | $1,223,571 | $126,137 |