Carl And Colleen Abdalian Foundation
- Assets
- $42.7k
- Revenue
- $4.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- Data as of
- 12/2021
- EIN
- 85-1071537
Organization Overview
Carl And Colleen Abdalian Foundation is located in Shaker Heights, OH. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carl And Colleen Abdalian 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 12/2021, Carl And Colleen Abdalian Foundation generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (69.7%) each year. All expenses for the organization totaled $219.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (87.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl M Abdalian Director | 2 | $0 | |
Colleen G Abdalian Director | 1 | $0 | |
Erin S Abdalian Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $867 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,253 |
| Capital Gain Net Income | $3,253 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,120 |
| 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 | $219 |
| Total operating and administrative expenses | $219 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,719 |
| 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 | $42,719 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Carl And Colleen Abdalian Foundation has awarded $13,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY HOSPITALS PURPOSE: ANNUAL FUND | $11,000 |
GESU CATHOLIC SCHOOL PURPOSE: ANNUAL FUND | $1,100 |
RAINBOW PURPOSE: ANNUAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Advanced Clinical Trials For Children Rockville, MD | $7,633,622 | $5,280,418 |
New Jersey Chapter American Academy Of Pediatrics Inc East Windsor, NJ | $1,525,061 | $3,651,283 |
Childrens Foundation Research Institute Memphis, TN | $0 | $2,772,489 |
Brigids Path Inc Kettering, OH | $4,043,375 | $3,430,008 |
Childrens Hospital Neonatal Consortium Inc Dover, DE | $2,156,558 | $1,671,030 |
Pediatric Interventional Cardiacsymposium Foundation Chicago, IL | $1,486,104 | $1,527,168 |
Cumberland Pediatric Foundation Brentwood, TN | $2,375,131 | $1,216,155 |
Fleur De Lis Saint Louis, MO | $455,129 | $519,087 |
The Center For Promotion Of Child Dvlpmt Through Primary Care Inc Baltimore, MD | $273,011 | $420,005 |
Systemic Jia Foundation Cincinnati, OH | $269,815 | $61,501 |
Beckley Foundation Woodridge, IL | $0 | $0 |
Brantley Francis Foundation Geneseo, IL | $56,458 | $107,579 |