Team Kenton Foundation Inc
- Assets
- $48.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ft Wright, KY
- Founding
- 02/2018
- Data as of
- 12/2019
- EIN
- 82-3750901
Organization Overview
Team Kenton Foundation Inc is located in Ft Wright, KY. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Kenton 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 12/2019, Team Kenton Foundation Inc generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.8%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THROUGH SEVERAL EVENTS TEAM KENTON RAISES FUNDS FOR, AND INCREASE COMMUNITY AWARENESS OF ISSUES THAT WILL DIRECTLY IMPACT STUDENT LEARNING AND EDUCATIONAL OPPORTUNITIES AT ALL LEVELS THROUGHOUT THE KENTON COUNTY SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Tibbs Treasurer | 0.5 | $0 | |
Judy Trame Vice Chair | 0.5 | $0 | |
Jeff Trame Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,133 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,161 |
| Other Revenue | $0 |
| Total Revenue | $15,294 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,357 |
| Total expenses | $12,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,058 |
| Other assets | $0 |
| Total assets | $48,058 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,058 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Team Kenton Foundation Inc has recieved totaling $5,809.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,250 |
Butler Foundation Covington, KY PURPOSE: PROGRAM SUPPORT | $400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $159 |
Peer Organizations
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|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |
Auxiliary Services Foundation Memphis, TN | $24,476,321 | $9,276,607 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Clven National House Corporation Carmel, IN | $3,795,815 | $8,533,157 |
Wright State University Foundation Inc Dayton, OH | $166,064,682 | $13,302,016 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
V M I Keydet Club Lexington, VA | $95,483,413 | $9,549,405 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |