Fernando Foundation Inc is located in Suwanee, GA. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Fernando Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fernando Foundation 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 12/2021, Fernando Foundation Inc generated $180.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $174.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOR DISABLED COMMUNITY AND SPINAL CORD INJURED.
Describe the Organization's Program Activity:
Part 3
POWER SOCCER - CONTINUED TO INTRODUCE POWER SOCCER (WHEELCHAIR SOCCER) THROUGHOUT THE SOUTHEAST. APPROXIMATELY 70 TEAMS WITH 6 PLAYERS EACH ARE PARTICIPATING. (STARTING 2014, EVERY TEAM IS RESPONSIBLE FOR ITS OWN EXPENSES.)SPONSORING/DEVELOPING INTERNATIONALLY A STRATEGY TO TRANSFORM POWER SOCCER INTO AN ACCEPTED PARALYMPICS SPORT BY PRODUCING SEMINARS/TOURNAMENTS TO ENSURE CONSISTENT RULES AND REGULATIONS THROUGHOUT THE INTERNATIONAL POWER SOCCER COMMUNUITY.
KICK IT SHOP WAS ESTABLISHED IN JANUARY 2010. WE PROVIDE AND SELL ALL THE NECESSARY PRODUCTS AND EQUIPMENT TO HELP THE DISABLED COMMUNITY TO BE ABLE TO PLAY THE GAME OF POWER SOCCER. EXAMPLES: WHEELCHAIRS, SPORT EQUIPMENT - BALLS, GUARDS, AND ACCESSORIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Ruelas Presidentdirector | 40 | $90,150 | |
Jeff Neuber Secretarytreasurer | 2 | $0 | |
Nancy D Bernfield Director | 2 | $0 | |
Terry Parker Director | 2 | $0 | |
Rick Smith Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $180,347 |
Total Program Service Revenue | $184 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $180,531 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $118,202 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $18,058 |
Printing, publications, postage, and shipping | $1,382 |
Other expenses | $31,631 |
Total expenses | $174,273 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,882 |
Other assets | $0 |
Total assets | $79,220 |
Total liabilities | $11,819 |
Net assets or fund balances | $67,401 |
Over the last fiscal year, we have identified 1 grants that Fernando Foundation Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Network Of Caring Inc Suwanee, GA PURPOSE: TO FUND THE MISSION OF ENABLING POWER WHEELCHAIR ATHLETICS WORLDWIDE BY GIVING ATHLETES THE OPPORTUNITIES OF COMPETITION AND CAMARADERIE. | $15,000 |
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