Team Karen Foundation
- Assets
- $29.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomingdale, IL
- Founding
- 05/2018
- Data as of
- 12/2019
- EIN
- 82-4467514
Organization Overview
Team Karen Foundation is located in Bloomingdale, IL. The organization was established in 2018. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Karen Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOPE, HAPPINESS, AND FINANCIAL SUPPORT TO THOSE FIGHTING STAGE 4 BREAST CANCER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Henley Secretary | 10 | $0 | |
Kenneth Carlquist President & CEO | 20 | $0 | |
Peter Messina Jr Controller | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,753 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $47,854 |
| Other Revenue | $0 |
| Total Revenue | $63,636 |
| 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 | $136 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,584 |
| Total expenses | $47,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,236 |
| Other assets | $0 |
| Total assets | $29,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,236 |
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