Kin Foundation is located in Brooklyn, NY. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIN MENTORSHIP PROGRAM CONNECTS STUDENTS WITH INDUSTRY SUBJE CT MATTER EXPERTS AND LEADERS TO HELP EDUCATE AND EMPOWER THEIR FUTURE IN THE FASHION INDUSTRY.
KIN FINANCIAL SCHOLARSHIP PROVIDES THE FASHION STUDENT WITH TUITION SUPPORT/STIPEND TO FOSTER THEIR CAREER IN FASHION.
KIN HOSTS FORUMS WHERE INDUSTRY LEADERS SHARE AND TRANSFER THEIR KNOWLEDGE OF SUCCESSES AND OPPORTUNITIES EXPERIENCED IN THE FASHION INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Fieg President | 5 | $0 | |
Sharifa Murdock Director/board Member | 15 | $72,952 | |
Samuel Ben-Avraham Board Member | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Emily Andes | 12/30/22 | $92,789 |
Sharifa Murdock | 12/30/22 | $72,952 |
Emily Andes | 12/30/22 | $0 |
Sharifa Murdock | 12/30/22 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $251,000 |
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 | $0 |
Other Income | $0 |
Total Revenue | $251,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $72,952 |
Other employee salaries and wages | $92,788 |
Pension plans, employee benefits | $10,429 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,729 |
Printing and publications | $0 |
Other expenses | $19,900 |
Total operating and administrative expenses | $200,398 |
Contributions, gifts, grants paid | $54,000 |
Total expenses and disbursements | $254,398 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,133 |
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 | $27,133 |
Accounts payable and accrued expenses | $30,447 |
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 | $84 |
Total liabilities | $30,531 |
Over the last fiscal year, Kin Foundation has awarded $54,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
QUEENS COLLEGE FOUNDATION PURPOSE: EDUCATION PROGRAMMING | $50,000 |
MISA HYLTON FASHION ACADEMY PURPOSE: SUPPORTING THE UNDERSERVED THROUGH EDUCATION, CREATIVITY, STYLE, FASHION AND ENTREPRENEURSHIP BY PROVIDING EDUCATION THROUGH THE LENS OF CREATIVITY, STYLE, FASHION AND ENTREPRENEURSHIP. | $4,000 |