Cool Cars For Kids Inc
- Assets
- $62.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-3917740
Organization Overview
Cool Cars For Kids Inc is located in Bala Cynwyd, PA. The organization was established in 2016. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cool Cars For Kids 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 12/2022, Cool Cars For Kids Inc generated $56.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $91.4k during the year ending 12/2022. 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
THE CHARITY IS ORGANIZED FOR THE PURPOSE OF RAISING FUNDS TO DONATE TO MEDICAL INSTITUTIONS.
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 |
|---|---|---|---|
Mike Tilson Director | 2 | $0 | |
Fred Simeone Director | 2 | $0 | |
Paul Patitucci Director | 2 | $0 | |
Roy Gonella Director | 2 | $0 | |
David Fowler Director | 2 | $0 | |
Ian Krantz Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,405 |
| Other Revenue | $0 |
| Total Revenue | $56,119 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,565 |
| Other expenses | $6,528 |
| Total expenses | $91,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,135 |
| Other assets | $0 |
| Total assets | $62,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,135 |
Grants Awarded
Over the last fiscal year, Cool Cars For Kids Inc has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS HOSPITAL OF PHILADE PURPOSE: MEDICAL RESEARCH | $50,000 |
DAVID W SMITH FUND PURPOSE: MEDICAL RESERACH | $10,000 |