Klaben Family Foundation
- Assets
- $6.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Kent, OH
- Founding
- Data as of
- 12/2023
- EIN
- 92-1894920
Organization Overview
Klaben Family Foundation is located in Kent, OH.
For the year ending 12/2023, Klaben Family Foundation generated $3.6m 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 (24.7%) each year. All expenses for the organization totaled $163.1k during the year ending 12/2023. 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 |
|---|---|---|---|
Albert Klaben Jr Director | 1 | $0 | |
Richard Klaben Director | 1 | $0 | |
Michael Klaben Sr Director | 1 | $0 | |
Kim Mcfarlane Treasurer | 1 | $0 | |
Katie Klaben President | 1 | $0 | |
Tracee Rorar Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $963,045 |
| Interest on Savings | $145,101 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,538,440 |
| Capital Gain Net Income | $2,538,440 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,646,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,978 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $84,812 |
| Total operating and administrative expenses | $158,075 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $163,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,345,071 |
| 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 | $6,345,071 |
| 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 |