Apex Charities Inc
- Assets
- $67.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Avondale, PA
- Founding
- Data as of
- 12/2023
- EIN
- 88-3775401
Organization Overview
Apex Charities Inc is located in Avondale, PA. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apex Charities 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, Apex Charities Inc generated $42.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $29.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
PERFORM CHARITABLE ACTIVITIES IN ORDER TO ASSIST OTHER CHARITABLE ORGANIZATIONS TO FURTHER THEIR MISSION. CURRENTLY, ACTIVITIES HAVE RAISED FUNDS FOR THE CARROLL SHELBY FOUNDATION, WHOSE PURPOSE IS TO PROVIDE ASSISTANCE TO ACUTE CORONARY AND KIDNEY CARE, INCLUDING ORGAN TRANSPLANTS IN CHILDREN AND YOUNG ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Caron President | 5 | $0 | |
Karen Caron Secretary/tr | 5 | $0 | |
Walter Mayo Board Member | 5 | $0 | |
Daniel Reiter Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,022 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,056 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,825 |
| Other Revenue | $0 |
| Total Revenue | $42,903 |
| 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 | $1,082 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $3,245 |
| Total expenses | $29,655 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,366 |
| Other assets | $0 |
| Total assets | $67,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,366 |