Newman Foundation Inc
- Assets
- $232.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 02/1974
- Data as of
- 06/2019
- EIN
- 61-0857703
Organization Overview
Newman Foundation Inc is located in Lexington, KY. The organization was established in 1974. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Newman 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 06/2019, Newman Foundation Inc generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (52.3%) each year. All expenses for the organization totaled $50.5k during the year ending 06/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
HONORARIUM - DISTINGUISHED SPEAKERS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Swauger President | 1 | $0 | |
Stan Jr Zerkowski Vice President | 1 | $0 | |
Margaret Gabriel Secretary | 1 | $0 | |
Dave Elbon Treasurer | 2 | $0 | |
Maria Bane Executive Director | 20 | $22,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,774 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$591 |
| Other Revenue | $0 |
| Total Revenue | $9,183 |
| Statement of Expenses | |
|---|---|
| Total expenses | $50,464 |
| Balance Sheet | |
|---|---|
| Total assets | $232,384 |
| Total liabilities | $2,079 |
| Net assets or fund balances | $230,305 |