Champ1 Research Foundation Corporation
- Assets
- $260.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Hill, FL
- Founding
- 12/2018
- Data as of
- 05/2024
- EIN
- 83-0516268
Organization Overview
Champ1 Research Foundation Corporation is located in Spring Hill, FL. The organization was established in 2018. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Champ1 Research Foundation Corporation 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 05/2024, Champ1 Research Foundation Corporation generated $79.7k 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 (6.9%) each year. All expenses for the organization totaled $16.1k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SUPPORTING CONFERENCES AND RESEARCH PROMOTION & PARTICIPATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Dangelo President | 40 | $0 | |
Katis Dangelo Vice President | 10 | $0 | |
Melonie Labon Treasurer | 2 | $0 | |
Carolyn Dangelo Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,492 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,256 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,748 |
| 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 | $1,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $378 |
| Other expenses | $14,352 |
| Total expenses | $16,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,500 |
| Other assets | $0 |
| Total assets | $260,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $260,500 |