Zalik Family Foundation Inc
- Assets
- $220.7k
- Revenue
- $200.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-1744043
Organization Overview
Zalik Family Foundation Inc is located in Atlanta, GA. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Zalik Family 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 12/2021, Zalik Family Foundation Inc generated $200.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $456.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Zalik President | 10 | $0 | |
David Zalik Secretary/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $206,179 |
| Other employee salaries and wages | $47,314 |
| Pension plans, employee benefits | $11,186 |
| Interest | $0 |
| Taxes | $15,326 |
| Depreciation | $18,682 |
| Occupancy | $52,637 |
| Travel, conferences, and meetings | $1,943 |
| Printing and publications | $1,210 |
| Other expenses | $42,724 |
| Total operating and administrative expenses | $446,724 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $456,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,875 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $60,775 |
| Other assets | $0 |
| Total assets | $220,650 |
| Accounts payable and accrued expenses | $664 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $664 |
Grants Awarded
Over the last fiscal year, Zalik Family Foundation Inc has awarded $10,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
URJ HENRY S JACOBS CAMP PURPOSE: GENERAL OPERATIONAL SUPPORT | $2,500 |
THE DAVIS ACADEMY PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
Dunwoody, GA PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
KITTREDGE MAGNET SCHOOL FOUNDATION INC PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
THE TEMPLE PURPOSE: GENERAL OPERATIONAL SUPPORT | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |