Powermark Corporation
- Assets
- $70.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port St Lucie, FL
- Founding
- 04/1999
- Data as of
- 06/2024
- EIN
- 86-0820037
Organization Overview
Powermark Corporation is located in Port St Lucie, FL. The organization was established in 1999. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powermark Corporation 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 06/2024, Powermark Corporation generated $59.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $53.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
MANAGING THE US PARTICIPATION IN DEVELOPMENT OF INTERNATIONAL STANDARDS FOR PHOTOVOLTAICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Bender Chairman Of Board | 0.25 | $0 | |
Jon Previtali Treasurer | 0.25 | $0 | |
Sumanth Lokanth Secretary | 0.25 | $0 | |
John Wohlgemuth Vice President And Executive Director | 10 | $0 | |
Ingrid Repins Board Member | 0.25 | $0 | |
Michael Bolen Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,893 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,773 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,000 |
| Total expenses | $53,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,643 |
| Other assets | $0 |
| Total assets | $70,643 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,643 |