Powan Initiative Inc
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2134768
Organization Overview
Powan Initiative Inc is located in Irvine, CA. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Powan Initiative Inc 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, Powan Initiative Inc generated $14.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $2.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
STRASS FOUNDATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,963 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,963 |
| 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 | $2,444 |
| Total expenses | $2,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,458 |
| Other assets | $0 |
| Total assets | $17,458 |
| Total liabilities | $750 |
| Net assets or fund balances | $16,708 |
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