620 Foundation
- Assets
- $5.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 82-1094903
Organization Overview
620 Foundation is located in Cedar Rapids, IA. The organization was established in 2017. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 620 Foundation 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, 620 Foundation generated $103.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $105.0k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING FUNDS FOR PERSONAL AND MEDICAL NEEDS OF PATIENTS AND FAMILIES BEING TREATED BY THE UNIVERSITY OF IOWA CHILDREN'S HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross D Bowman Chair | 2 | $0 | |
Kylie G Angle Vice Chair | 5 | $0 | |
Jarod L Bowman Treasurer | 5 | $0 | |
Natorie D Bowman Secretary | 2 | $0 | |
Elizabeth Wilson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,068 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,460 |
| Other Revenue | $0 |
| Total Revenue | $103,528 |
| 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 | $2,660 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $294 |
| Total expenses | $104,954 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,964 |
| Other assets | $0 |
| Total assets | $5,850 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,850 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 620 Foundation has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Northwest Minnesota Foundation Bemidji, MN | $91,824,995 | $19,432,128 |
Margies Smile Inc Franklin, WI | $36,893 | $1,255,015 |
Eagles Healing Nest Sauk Centre, MN | $105,845 | $1,003,495 |
Minnesota Chamber Foundation St Paul, MN | $816,890 | $942,056 |
National Association Of Parliamentarians Public Education Independence, MO | $1,853,095 | $1,121,162 |
Nebraska Healthcare Collaborative Inc Lavista, NE | $4,345,689 | $53,811 |
Chicago Development Fund Chicago, IL | $6,133,057 | $871,107 |
Arkansas Western Gas Company Post- Retirement VEBA for Noncollectively Barg Rapid City, SD | $2,100,012 | $348,727 |
National Conference Of State Liquor Administrators Gurnee, IL | $1,091,903 | $401,629 |
Associated Talmud Torahs Of Chicago Endowment Foundation Chicago, IL | $5,008,757 | $382,010 |
Sanford Underground Research Facility Foundation Lead, SD | $468,446 | $243,566 |
620 Foundation Cedar Rapids, IA | $5,850 | $0 |