Radenac Nicola Foundation Inc
- Assets
- $3.5k
- Revenue
- $240.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2234903
Organization Overview
Radenac Nicola Foundation Inc is located in Palm Beach Gardens, FL. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, 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. Radenac Nicola Foundation 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 12/2023, Radenac Nicola Foundation Inc generated $240.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $237.2k during the year ending 12/2023. While expenses have increased by 14.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Marie J Nicola President/director | 15 | $0 | |
John J Nicola Secretary/treasurer, Director | 20 | $0 | |
Sharyn Tondel Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $240,361 |
| Interest on Savings | $0 |
| Dividends & Interest | $336 |
| 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 | $240,697 |
| 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 | $239 |
| Total operating and administrative expenses | $239 |
| Contributions, gifts, grants paid | $236,995 |
| Total expenses and disbursements | $237,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336 |
| 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 | $3,127 |
| Total assets | $3,463 |
| 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, Radenac Nicola Foundation Inc has awarded $236,995 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY PURPOSE: RESEARCH | $138,295 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: RESEARCH | $98,700 |