Salubrious Foundation Inc
- Assets
- $167.6k
- Revenue
- $13.5k
- Investments
- $0.0
- Employees
- 0
- Location
- State College, PA
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-3098452
Organization Overview
Salubrious Foundation Inc is located in State College, PA. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support 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. Salubrious Foundation Inc 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, Salubrious Foundation Inc generated $13.5k 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 (52.5%) each year. All expenses for the organization totaled $49.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT - SUMMARY OF DIRECT CHARITABLE ACTIVITIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Olivero Director | 20 | $0 | |
Linny Olivero Director | 20 | $0 | |
Daniel Olivero Jr Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,500 |
| 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 | $13,500 |
| 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 | $1,303 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,495 |
| Total operating and administrative expenses | $42,823 |
| Contributions, gifts, grants paid | $6,439 |
| Total expenses and disbursements | $49,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$18,110 |
| Savings and temporary cash investments | $55 |
| 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 | $1,069 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $184,581 |
| Total assets | $167,595 |
| Accounts payable and accrued expenses | $0 |
| 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 | $167,595 |
| Total liabilities | $167,595 |
Grants Awarded
Over the last fiscal year, Salubrious Foundation Inc has awarded $37,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OLIVERO MEDICAL HEALTH CENTER PURPOSE: TO PROVIDE HIGH QUALITY COMPREHENSIVE PRIMARY MEDICAL HEALTHCARE BEHAVIORAL HEALTHCARE AND ORAL HEALTHCARE TO EVERYONE REGARDLESS OF THEIR ABILITY TO PAY. | $35,000 |
OLIVERO RURAL LABORATORY PURPOSE: TO PROVIDE MEDICAL DIAGNOSTIC SERVICES TO EVERYONE REGARDLESS OF THEIR ABILITY TO PAY. | $1,000 |
OLIVERON RURAL PHARMACY PURPOSE: TO PROVIDE PHARMACEUTICAL PRODUCTS AND SERVICES TO EVERYONE REGARDLESS OF THEIR ABILITY TO PAY. | $100 |
OLIVERO RURAL HEALTH CENTER PURPOSE: TO PROVIDE HIGH QUALITY COMPREHENSIVE PRIMARY MEDICAL HEALTHCARE BEHAVIORAL HEALTHCARE AND ORAL HEALTHCARE TO EVERYONE REGARDLESS OF THEIR ABILITY TO PAY. | $1,000 |