Ap Construction Charitable Events Foundation
- Assets
- $32.4k
- Revenue
- $175.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-1205877
Organization Overview
Ap Construction Charitable Events Foundation is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ap Construction Charitable Events 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 12/2023, Ap Construction Charitable Events Foundation generated $175.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $157.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WILL RAISE FUNDS BY ORGANIZING AND HOSTING GOLF TOURNAMENTS, GALAS OR OTHER EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WILL RAISE FUNDS BY ORGANIZING AND HOSTING GOLF TOURNAMENTS, GALAS, AND OTHER EVENTS AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS. THE FOUNDATION WILL DONATE ALL NET PROCEEDS RAISED FROM SUCH EVENTS. THE FOUNDATION WILL ORGANIZE AND HOST EVENTS IN EACH REGION AND FUNDS RAISED AT THOSE EVENTS WILL BE CONTRIBUTED TO CHARITIES OPERATING IN EACH SUCH REGION. FINANCIAL SUPPORT MAY BE PROVIDED FOR A WIDE VARIETY OF PURPOSES, DEPENDING ON THE NEEDS OF EACH REGION. THE BOARD OF THE FOUNDATION WILL HAVE FULL AUTHORITY TO DETERMINE WHICH ORGANIZATIONS WILL RECEIVE FUNDING. FUNDS WILL BE PROVIDED ONLY TO CHARITABLE ORGANIZATIONS RECOGNIZED AS EXEMPT FROM UNITED STATES FEDERAL INCOME TAXATION PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. EVENTS HOSTED DURING THE YEAR INCLUDE THE FOLLOWING: THE 8TH ANNUAL AP CHARITY GOLF CLASSIC, WITH GRANTS OF $76,000 AND EXPENSES OF $81,566; GOLF FORE GRATITUDE, WITH GRANTS OF $60,000 AND EXPENSES OF $63,719; AND THE AP CHARITY BEAN BAG TOURNAMENT, WITH GRANTS OF $11,000 AND EXPENSES OF $11,941.
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 |
|---|---|---|---|
Tom Horsting Director | Trustee | 1 | $0 |
Will Pender President | OfficerTrustee | 1 | $0 |
Marc Timberman Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $197,529 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,529 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$22,538 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $174,991 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $157,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,396 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,396 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $32,396 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,396 |
Grants Awarded
Over the last fiscal year, Ap Construction Charitable Events Foundation has awarded $147,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN LIGHTS FOUNDATION PURPOSE: FUNDING IS USED TO GRANT NORTHLAND FAMILIES WITH CHILDREN WHO HAVE LIFE-THREATING ILLNESSES FINANCIAL MEDICAL RELIEF | $11,000 |
EVERY THIRD SATURDAY INC PURPOSE: FUNDING IS USED TO SUPPORT LOCAL VETERANS AND THEIR FAMILIES | $30,000 |
GREAT RIVER GREENING PURPOSE: FUNDING IS USED TO SUPPORT THEIR ENVIRONMENTAL WORK ACROSS MINNESOTA, INCLUDING VOLUNTEER EVENTS, TREE PLANTINGS, YOUTH OUTDOOR EDUCATION, AND POLLINATOR HABITAT RESTORATION | $30,000 |
HEARTS AND HAMMERS - TWIN CITIES INC PURPOSE: FUNDING IS USED TO PROVIDE FREE EXTERIOR HOME-IMPROVEMENT ASSISTANCE TO LOW-INCOME SENIORS, DISABLED, OR VETERAN HOMEOWNERS | $38,000 |
THE SALVATION ARMY NORTHERN DIVISION PURPOSE: FUNDING IS USED FOR GENERAL OPERATING SUPPORT, SPECIFICALLY RELATED TO SOCIAL SERVICES | $38,000 |