Angari Foundation Inc
- Assets
- $3.9m
- Revenue
- $796.1k
- Investments
- $2.6m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-1526218
Organization Overview
Angari Foundation Inc is located in West Palm Beach, FL. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Angari 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, Angari Foundation Inc generated $796.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $648.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A RESEARCH VESSEL TO CHARTER TO SCIENTISTS IN SUPPORT OF MARINE RESEARCH.
EDUCATION AND OUTREACH TO SCHOOLS AND THE COMMUNITY TO PROMOTE AWARENESS OF ENVIRONMENTAL CONSERVATION AND INTEREST IN MARINE SCIENCE.
CREATION OF SHORT DOCUMENTARIES BY SCIENCE RELATED FILM CREWS TO BE MADE FOR EDUCATIONAL PURPOSES AND TO RAISE AWARENESS ABOUT THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Rosenberg President | 40 | $96,504 | |
Kari Rosenberg Director | 2 | $24,000 | |
S Lee Rosenberg Director | 1 | $0 | |
Chris A Davis Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $564,133 |
| Interest on Savings | $101 |
| Dividends & Interest | $83,579 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,358 |
| Capital Gain Net Income | $1,884 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $162,607 |
| Total Revenue | $796,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,504 |
| Other employee salaries and wages | $68,799 |
| Pension plans, employee benefits | $12,646 |
| Interest | $0 |
| Taxes | $782 |
| Depreciation | $104,208 |
| Occupancy | $16,218 |
| Travel, conferences, and meetings | $1,244 |
| Printing and publications | $0 |
| Other expenses | $202,727 |
| Total operating and administrative expenses | $648,476 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $648,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,630 |
| Savings and temporary cash investments | $319,102 |
| Net Accounts receivable | $80 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,704 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $760,675 |
| Other assets | $8,428 |
| Total assets | $3,877,190 |
| Accounts payable and accrued expenses | $18,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,063 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Angari Foundation Inc has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
United Way Of Palm Beach County Inc West Palm Beach, FL PURPOSE: CORONAVIRUS RELIEF FUND CFDA 21.019 - CARES ACT FUNDING AGREEMENT | $25,000 |
Devereux Ocean Foundation Inc Jamestown, RI PURPOSE: SHARK RESEARCH | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rawlings Foundation Inc Palm Beach, FL | $157,491,316 | $53,710,829 |
Ichauway Inc Newton, GA | $38,010,143 | $29,470,336 |
Elevate Prize Foundation Inc Miami, FL | $25,599,159 | $21,836,715 |
Desai Sethi Foundation Inc miami, FL | $167,397,052 | $1,318,684 |
Mceachern Endowment Fund Inc Powder Springs, GA | $13,981,287 | $6,848,994 |
Malone Family Land Preservation Foundation Hobe Sound, FL | $131,481,954 | $946,463 |
Pebble Hill Foundation Inc Thomasville, GA | $45,568,261 | $2,596,354 |
Worthington Scholarship Foundation Naples, FL | $12,065,797 | $5,368,981 |
The Switzer Family Foundation Inc St Petersburg, FL | $0 | $574,920 |
Bangladesh American Society Of Muslim Aid For Humanity Inc Boca Raton, FL | $701,948 | $2,077,483 |
Elling O Eide Charitable Foundation Inc Sarasota, FL | $66,382,103 | $1,556,208 |
Paul Millsap Foundation Corp Atlanta, GA | $74,268 | $1,325,506 |