Zentangle Foundation Inc is located in Whitinsville, MA. The organization was established in 2018. 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. Zentangle 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, Zentangle Foundation Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $24.9k 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 Program Activity:
Part 3
PROVIDE INDIVIDUALS IN NEED WITH ZENTANGLE ART SUPPLIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Roberts President And Clerk | 5 | $0 | |
Maria Thomas Treasurer | 5 | $0 | |
Dennis Rice Director | 1 | $0 | |
William Gianopoulos Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,644 |
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 | $22,644 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $818 |
Professional fees and other payments to independent contractors | $2,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $18,041 |
Total expenses | $24,919 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $243,986 |
Other assets | $0 |
Total assets | $281,121 |
Total liabilities | $9,180 |
Net assets or fund balances | $271,941 |