Galena Fund is located in Salt Lake City, UT. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Galena Fund 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, Galena Fund generated $4.6k 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 (42.9%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (49.2%) per year over the past 7 years. 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
GENERAL FUNDRAISING THROUGH SPECIAL EVENTS IN ORDER TO DONATE NEEDED FUNDS TO VARIOUS COMMUNITY RELATED CHARITABLE ORGANIZATIOINS WITH THE EXPECTED RESULTS OF BUILDING GENL UNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Saltas Managing Director | 3 | $0 | |
Pete Saltas Board Member | 3 | $0 | |
Christian Priskos Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,618 |
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 | $4,618 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,002 |
Total expenses | $2,002 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,922 |
Other assets | $0 |
Total assets | $3,922 |
Total liabilities | $0 |
Net assets or fund balances | $3,922 |