Alana Faith Chen Foundation is located in Great Barrington, MA. The organization was established in 2020. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alana Faith Chen 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 12/2022, Alana Faith Chen Foundation generated $37.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $62.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tara Shapiro President | 6 | $0 | |
Carissa Chen Vice President | 6 | $0 | |
Sabatino Chen Director | 6 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $37,550 |
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 | -$508 |
Other Income | $0 |
Total Revenue | $37,042 |
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 | $10,004 |
Total operating and administrative expenses | $40,249 |
Contributions, gifts, grants paid | $22,252 |
Total expenses and disbursements | $62,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,412 |
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 | $10,412 |
Accounts payable and accrued expenses | $79 |
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 | $79 |
Over the last fiscal year, Alana Faith Chen Foundation has awarded $22,252 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UMBRELLA COLLECTIVE PURPOSE: RESTRICTED - TO PROVIDE THERAPEUTIC SERVICES TO SPECIFIED BENEFICIARIES FOR SET AMOUNT OF SESSIONS | $18,155 |
RAINBOW CIRCLES PURPOSE: RESTRICTED - TO PROVIDE THERAPEUTIC SERVICES TO SPECIFIED BENEFICIARIES FOR SET AMOUNT OF SESSIONS | $2,400 |
PROSPECT THERAPY PURPOSE: RESTRICTED - TO PROVIDE THERAPEUTIC SERVICES TO SPECIFIED BENEFICIARIES FOR SET AMOUNT OF SESSIONS | $1,697 |