Alexander And Eva Nemeth Foundation Inc
- Assets
- $114.7k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 4
- Location
- San Marcos, CA
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-1889016
Organization Overview
Alexander And Eva Nemeth Foundation Inc is located in San Marcos, CA. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Alexander And Eva Nemeth Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexander And Eva Nemeth 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, Alexander And Eva Nemeth Foundation Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Alexander And Eva Nemeth Foundation Inc has awarded 46 individual grants totaling $4,125,315. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION FOCUSES ON THE IMPROVEMENT OF THE HEALTH OF HUMANS AND THE ANIMALS THEY LOVE, AND MEETING THE NEEDS OF THE LOCAL SAN DIEGO COMMUNITY BY FOCUSING ON THE ARTS, YOUTH, AND ESSENTIAL HUMAN NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES AND GRANTS RELATED TO THE SUPPORT OF SCIENTISTS IN THE PATHOLOGY DEPARTMENT OF STANDFORD UNIVERSTIY.
PROGRAMS RELATED TO YOUTH SPORTS AND AFTER-SCHOOL ACTIVITIES, PROVIDING SUPPORT FOR LOCAL ORGANIZATIONS THAT PROVIDE EDUCATION AND EMOTIONAL SUPPORT FOR UNDERSERVED AND HANDICAPPED PERSONS, AND PROVIDING HOUSING ASSISTANCE FOR UNDERPRIVILEGED INDIVIDUALS.
GRANTS MADE TO TRAGEDY ASSISTANCE PROGRAM FOR SURVIVORS, AN ORGANIZATION DEDICATED TO PROVIDING SUPPORT TO FAMILIES OF MILITARY PERSONNEL.
PROGRAM EXPENSES RELATED TO THE FOUNDATIONS WORK TO TEACH ENGLISH TO IMPOVERISHED CHILDREN IN SOUTH AMERICA, THE CARRIBEAN, AND LEBANON
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald M Kelpe Director | OfficerTrustee | 1 | $0 |
J William Langston MD Director | Trustee | 1 | $0 |
Teresa Castiglione Director | Trustee | 1 | $0 |
William A Wurch Executive Director | Officer | 40 | $194,250 |
Alicia T Deleon-Torres Deputy Director | Officer | 40 | $126,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,486,037 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,486,037 |
| Total Program Service Revenue | $0 |
| Investment income | $331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,486,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $477,950 |
| Grants and other assistance to domestic individuals. | $164,881 |
| Grants and other assistance to Foreign Orgs/Individuals | $201,305 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $320,250 |
| Compensation of current officers, directors, key employees. | $194,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,460 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,281 |
| Payroll taxes | $33,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,839 |
| Travel | $3,115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,923 |
| Insurance | $2,316 |
| All other expenses | $0 |
| Total functional expenses | $1,534,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,858 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,244 |
| Other assets | $17,583 |
| Total assets | $114,705 |
| Accounts payable and accrued expenses | -$3,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $13,472 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$3,439 |
| Total liabilities | $7,033 |
| Net assets without donor restrictions | $107,672 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $114,705 |
Grants Awarded
Over the last fiscal year, Alexander And Eva Nemeth Foundation Inc has awarded $430,445 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SANCTUARY STABLES PURPOSE: General | $30,000 |
BUTLER UNIVERSITY PURPOSE: General | $25,000 |
STANFORD UNIVERISTY PURPOSE: Research | $75,000 |
IOWA STATE UNIVERSITY FOUNDATION PURPOSE: Scholarships | $75,000 |
SAN DIEGO CHILL PURPOSE: Youth | $17,500 |
INARWA PURPOSE: General | $15,945 |