247 Avare Foundation
- Assets
- $5.7k
- Revenue
- $75.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lone Tree, CO
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-5319239
Organization Overview
247 Avare Foundation is located in Lone Tree, CO. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 247 Avare 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, 247 Avare Foundation generated $75.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.4%) each year. All expenses for the organization totaled $2.4k 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
FOUNDATION PAID FOR THE PATIENTS TREATMENT
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75 |
| 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 | $75 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $2,445 |
| Total expenses and disbursements | $2,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,708 |
| 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 | $5,708 |
| Accounts payable and accrued expenses | $1,900 |
| 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 | $1,900 |
Grants Awarded
Over the last fiscal year, 247 Avare Foundation has awarded $13,179 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GERONIMO SOLUTIONS LLC PURPOSE: PURCHASE | $6,613 |
BILLS SPORTS LLC PURPOSE: PURCHASE | $3,877 |
LATITUDE SPORTS MARKETING LLC PURPOSE: PURCHASE | $2,689 |
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|---|---|---|
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Quality Connections Incorporated Flagstaff, AZ | $3,679,742 | $5,829,429 |
Futures Unlimited Inc Wellington, KS | $5,913,252 | $5,288,325 |
Independence Inc Lawrence, KS | $3,891,853 | $5,065,041 |
Earc Inc Edmond, OK | $3,396,149 | $5,362,252 |