Ortlieb Foundation Inc is located in Mandeville, LA. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ortlieb 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 12/2020, Ortlieb Foundation Inc generated $3.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $5.0k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
4 SEPARATE ONE THOUSAND DOLLAR SCHOLARSHIPS WERE AWARDED IN 2019
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Evan Ortlieb President | 10 | $0 | |
Bob Ortlieb Treasurer | 10 | $0 | |
Erich Ortlieb Event Coordinator | 2 | $0 | |
Karen Napoli Social Media Lead | 5 | $0 | |
Monica Ortlieb Secretary | 2 | $0 | |
Hitesh Chedda Medical Evaluator | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $210 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,714 |
Other Revenue | $0 |
Total Revenue | $3,924 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,000 |
Total expenses | $5,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,068 |
Other assets | $0 |
Total assets | $24,068 |
Total liabilities | $0 |
Net assets or fund balances | $24,068 |