James C Cassie Jr Charitable Foundation
- Assets
- $2.1m
- Revenue
- $203.1k
- Investments
- $2.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 82-4063288
Organization Overview
James C Cassie Jr Charitable Foundation is located in Wilmington, DE. The organization was established in 2018. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. James C Cassie Jr Charitable 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, James C Cassie Jr Charitable Foundation generated $203.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $83.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristian R Cassie Dir, Pres | 1 | $6,000 | |
Megan C Roche Dir | 1 | $6,000 | |
Becky Cassie Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $78,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,999 |
| Capital Gain Net Income | $110,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $375 |
| Total Revenue | $203,066 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,831 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,157 |
| Total operating and administrative expenses | $83,778 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $83,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $68,541 |
| 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 | $375 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,133,345 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $17,883 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,883 |
Grants Awarded
Over the last fiscal year, James C Cassie Jr Charitable Foundation has awarded $165,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SANDWICH COMMUNITY HIGH SCHOOL PURPOSE: SHS ATHLETIC PROGRAM | $130,000 |
Detroit, MI PURPOSE: LILLIAN J. CASSIE, ED. D. ENDOWED RESEARCH FUND FOR THE DEPARTMENT OF MUSIC | $25,000 |
Elmhurst, IL PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Accreditation Board For Engineering And Technology Inc Baltimore, MD | $25,462,231 | $12,376,690 |
Pennsylvania College Of Art And Design Lancaster, PA | $15,635,445 | $9,536,252 |
International Institute For Restorative Practices Bethlehem, PA | $9,904,972 | $8,760,911 |
Intercollegiate Studies Institute Inc Wilmington, DE | $20,524,423 | $7,078,238 |
Clarion Students Association Clarion, PA | $4,575,436 | $1,966,562 |
Bet Midrash Ohel Torah Lakewood, NJ | $4,338,618 | $3,432,231 |
Seminary Bnos Chaim Lakewood, NJ | $2,200,679 | $2,573,880 |
Susq-Cyber Charter School Bloomsburg, PA | $576,191 | $1,528,363 |
Collegiate Consortium For Workforce And Economic Development Media, PA | $782,366 | $1,148,165 |
Pennsylvania Commission For Community Colleges Harrisburg, PA | $1,262,284 | $763,324 |
Graduate Philadelphia Philadelphia, PA | $1,667,459 | $1,489,319 |
Warren-Forest Higher Education Council Inc Warren, PA | $2,481,214 | $592,043 |