Nursey Foundation Inc
- Assets
- $4.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Tampa, FL
- Founding
- Data as of
- 12/2022
- EIN
- 88-3128769
Organization Overview
Nursey Foundation Inc is located in Tampa, FL. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nursey 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILANTHROPY: THE FOUNDATION SUPPORTS UNDER- PRIVELEGED INDIVIDUALS IN THE TAMPA, FL AREA. ON DECEMBER 22,2022, THE FOUNDATIONS HELD ITS FIRST ANNUAL TREE OF GIVING CHRISTMAS EVENT BENEFITTING UNDER- PRIVILEGED CHILDREN IN TAMPA, FL, WITH OVER 350 FOSTER CHILDREN IN ATTENDANCE.
PHILANTHROPY: FOUNDATION LAUNCH EVENT HELD IN JULY 2022, WITH OVER 140 ATTENDEES. DONATION PLEDGES TO 10 CHARITABLE ORGANIZATIONS WERE ANNOUNCED AT THE EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Nursey Chairman | 15 | $0 | |
Heidi Nursey President | 12 | $0 | |
Nandy Premsukh Treasurer | 25 | $0 | |
Roddy Premsukh Secretary | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,110,982 |
| 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 | $5,110,982 |
| 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 | $556 |
| Printing and publications | $0 |
| Other expenses | $19,925 |
| Total operating and administrative expenses | $35,629 |
| Contributions, gifts, grants paid | $293,652 |
| Total expenses and disbursements | $329,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,775,701 |
| 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 | $6,000 |
| Other assets | $0 |
| Total assets | $4,781,701 |
| 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, Nursey Foundation Inc has awarded $194,734 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDON BOLTS BASKETBALL PURPOSE: SPORTS EDUCATION | $10,000 |
THE CENTRE FOR WOMEN INC PURPOSE: COMMUNITY SERVICES | $35,000 |
THE COMMUNITY FOOD PANTRY PURPOSE: COMMUNITY SERVICES | $20,000 |
READY FOR LIFE INC PURPOSE: COMMUNITY SERVICES | $25,000 |
THUNDER BAY VOLLEYBALL ACADEMY PURPOSE: SPORTS EDUCATION | $20,000 |
CHILDREN CANCER CENTER PURPOSE: COMMUNITY SERVICES | $46,554 |