Vekter Foundation
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gadsden, AL
- Founding
- Data as of
- 09/2023
- EIN
- 84-3627635
Organization Overview
Vekter Foundation is located in Gadsden, AL. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Vekter 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 09/2023, Vekter Foundation generated $40.2k in total revenue. All expenses for the organization totaled $14.1k during the year ending 09/2023. While expenses have increased by 127.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SERVICES AND SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Carr President | 2 | $0 | |
Rhonda Carr Treasurer | 2 | $0 | |
Tyler Carr Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,187 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,216 |
| 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 | $1,080 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $14,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,194 |
| Other assets | $0 |
| Total assets | $52,194 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,194 |