The Poetic Foundation Inc
- Assets
- $67.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 80-0688254
Organization Overview
The Poetic Foundation Inc is located in Staten Island, NY. The organization was established in 2012. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poetic 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 12/2022, Poetic Foundation Inc generated $63.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $79.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANCIAL AND RELATED NECESSARY SUPPORT TO ENTITIES INVOLVED IN MEDICAL RESEARCH AND CLINCIAL TRIALS WITH A PARTICULAR EMPHASIS ON ADVANCING PEDIATRIC CANCER CARE AND SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Herzog MD Director | 5 | $0 | |
Andrew Korn Director | 5 | $0 | |
Amy Smith MD Director | 5 | $0 | |
Joan P Werner Treasurer | 5 | $0 | |
Kevin Bielamowicz Secretary | 5 | $0 | |
Valerie Brown MD Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,337 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,342 |
| 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 | $6,320 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $109 |
| Other expenses | $6,606 |
| Total expenses | $79,630 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,312 |
| Other assets | $0 |
| Total assets | $67,312 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,312 |
Grants Awarded
Over the last fiscal year, The Poetic Foundation Inc has awarded $72,568 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO AID IN DEVELOPMENT OF INTERNATIONAL CHILDREN'S CANCER RESEARCH CENTER IN KYEBI GHANATO PROMOTE RESEARCH AND DEVELOP CLINICAL TRIALS | $64,213 |
MD ANDERSON CANCER CENTER PURPOSE: TO INTERFACE AND DEVELOP RESEARCH TECHNOLOGIES AND PROMOTE CLINICAL TRIALS | $8,355 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Poetic Foundation Inc has recieved totaling $9,020.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Association For Frontotemporal Degeneration King Of Prussia, PA | $44,796,969 | $12,057,958 |
Childrens Oncology Group Foundation Philadelphia, PA | $22,837,173 | $7,487,855 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
Life Science Cares Inc Cambridge, MA | $8,104,702 | $8,289,428 |
Haymakers For Hope Inc Wellesley, MA | $644,411 | $4,070,620 |
Fox Chase Cancer Center Foundation Philadelphia, PA | $63,333,365 | $6,307,847 |
The Progeria Research Foundation Inc Peabody, MA | $53,690,802 | $49,219,762 |
Improvecarenow Inc Essex, VT | $802,029 | $3,120,134 |
Dubai Harvard Foundation For Medical Research Inc Boston, MA | $15,096,309 | $431,547 |
The Curetivity Foundation Darien, CT | $568,541 | $2,365,515 |
Jett Foundation Inc Plymouth, MA | $2,196,455 | $2,598,639 |