Chelly Foundation Inc
- Assets
- $44.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 81-0785392
Organization Overview
Chelly Foundation Inc is located in Bethesda, MD. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chelly 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 12/2023, Chelly Foundation Inc generated $37.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $19.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BENEFIT ELEMENTARY AND SECONDARY SCHOOLS AND STUDENTS IN LESSER RESOURCED COUNTRIES BY PROVIDING FINANCIAL ASSISTANCE AND "IN-KIND" GRANTS RELATED TO OR CONSISTING OF BOOKS, SCHOOL SUPPLIES, COMPUTERS AND RELATED EQUIPMENT, UNIFORMS, SPORTS EQUIPMENT, AND OTHER MATERIALS TO ASSIST SCHOOLS TO PROVIDE HIGH QUALITY EDUCATION TO STUDENTS AND ASSIST STUDENTS TO BENEFIT FROM HIGH QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL ASSISTANCE TO ELEMENTARY AND SECONDARY SCHOOLS STUDENTS IN LESS RESOURCED COUNTRIES.
OTHER ASSISTANCE/NON-PROFIT ACTIVITIES
ESTABLISHMENT AND MAINTENANCE OF FACILITIES FOR STUDENTS IN LESS RESOURCED COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason R Baron President | 5 | $0 | |
Jennifer Mcgovern-Alonzo Director | 5 | $0 | |
Victoria L Lemieux Director | 5 | $0 | |
Christine Ardern Director | 5 | $0 | |
Kathy Franklin Director | 5 | $0 | |
Florence Sofer Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,658 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,000 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,928 |
| Total expenses | $19,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,295 |
| Other assets | $0 |
| Total assets | $44,295 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,295 |