Richard And Lauren Krulik Foundation Inc
- Assets
- $317.2k
- Revenue
- $4.4k
- Investments
- $308.7k
- Employees
- 0
- Location
- Northport, NY
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 82-3651855
Organization Overview
Richard And Lauren Krulik Foundation Inc is located in Northport, NY. 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. Richard And Lauren Krulik 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 12/2022, Richard And Lauren Krulik Foundation Inc generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $29.9k during the year ending 12/2022. 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 |
|---|---|---|---|
Richard Krulik President/treasurer | 1 | $0 | |
Lauren Krulik Secretary | 1 | $0 | |
Sheryl R Weisberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $5,695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,342 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $5,400 |
| Contributions, gifts, grants paid | $24,500 |
| Total expenses and disbursements | $29,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,570 |
| 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 | $317,241 |
| 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, Richard And Lauren Krulik Foundation Inc has awarded $24,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY PURPOSE: HELPING THE COMMUNITY AND PEOPLE WITH NEEDS OF HOUSING AND FOOD ETC. | $2,500 |
AMERICAN SOCIETY FOR YAD VASHEN PURPOSE: HOLOCAUST EDUCATION AND AWARENESS | $2,500 |
OPERATION SMILE PURPOSE: NON PROFIT MEDICAL SERVICE ORGANIZATION TO ASSIST THOSE WITH MEDICAL NEEDS REGARDING FACIAL AND CLEFT PLATE OR LIP. | $2,500 |
NORTHPORT HISTORICAL SOCIETY PURPOSE: TO PRESERVE AND PROMOTE PRIDE IN THE HERITAGE OF NORTHPORT, EAST NORHTPORT, ASHAROKEN, CRAB MEADOW FOR SALONGA AND EATON'S NECK | $1,500 |
SHRINERS HOSPITAL FOR CHILDREN PURPOSE: MEDICAL RESEARCH AND SERVICES FOR CHILDREN | $2,500 |
LONG ISLAND CARES PURPOSE: FOOD FOR THE NEEDY AND HUNGER ASSISTANCE | $2,500 |