Schoenstatt Family Institute Inc
- Assets
- $31.1k
- Revenue
- $21.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brookfield, WI
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-2311526
Organization Overview
Schoenstatt Family Institute Inc is located in Brookfield, WI. The organization was established in 2018. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schoenstatt Family Institute 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, Schoenstatt Family Institute Inc generated $21.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $17.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOENSTATT FAMILY INSTITUTE INC. GENERAL FUND AND RELATED FAMILY PROMOTION EXPENDITURES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adolfo Hernandez President | 20 | $0 | |
Luis Perez Vice President | 5 | $0 | |
Victor Alegria Treasurer | 5 | $0 | |
Michael Fenelon Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,430 |
| 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 | $21,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,687 |
| Printing and publications | $0 |
| Other expenses | $191 |
| Total operating and administrative expenses | $3,263 |
| Contributions, gifts, grants paid | $14,225 |
| Total expenses and disbursements | $17,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,125 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $31,125 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Schoenstatt Family Institute Inc has awarded $14,460 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOENSTATT FAMILY INSTITUTE PURPOSE: CHARITABLE CONTRIBUTION | $13,210 |
OLGA ROLON PURPOSE: PARTICIPATION GRANT | $1,000 |
SCHOENSTATT SISTERS OF MARY PURPOSE: CHARITABLE CONTRIBUTION | $250 |
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