Fast Lane Foundation is located in Bremen, OH. 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. Fast Lane 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, Fast Lane Foundation generated $50.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $44.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathanael Bailor Treasurer, Bd Member | 2 | $0 | |
Janet Gross Bd Member | 1 | $0 | |
David Gross Bd Member | 1 | $0 | |
Sage Householder Bd Member | 1 | $0 | |
Alex Fowler President, Board Member | 2 | $0 | |
Nakia Bailor Secretary, Bd Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,327 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $44,275 |
Other Revenue | $0 |
Total Revenue | $50,602 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,166 |
Total expenses | $44,678 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,079 |
Other assets | $0 |
Total assets | $27,579 |
Total liabilities | $0 |
Net assets or fund balances | $27,579 |