Padriac Routa Memorial Foundation
- Assets
- $30.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elyria, OH
- Founding
- Data as of
- 12/2023
- EIN
- 92-3619275
Organization Overview
Padriac Routa Memorial Foundation is located in Elyria, OH. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Padriac Routa Memorial 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PADRIAC ROUTA MEMORIAL FOUNDATION IS DEDICATED TO EMPOWERING THE NEXT GENERATION OF CREATIVE LEADERS AND ENTREPRENEURS. OUR MISSION IS TO PROVIDE SCHOLARSHIPS AND RESOURCES TO YOUNG ADULTS PURSUING CAREERS IN THE ARTS AND ENTREPRENEURSHIP, HONORING THE LEGACY OF PADRIAC ROUTA'S OWN COMMITMENT TO INNOVATION AND ARTISTIC EXPRESSION. WE CURRENTLY ACHIEVE THIS GOAL BY HOSTING AN ANNUAL GOLF OUTING WITH SPONSORS, EVENT REGISTRATIONS AND DONATIONS AS OUR MAIN SOURCE OF REVENUE. DURING OUR FIRST YEAR, WE WERE ABLE TO OFFER A FIVE THOUSAND DOLLAR SCHOLARSHIP TO A GRADUATING OHIO SENIOR PLANNING ON GOING INTO ARTS OR ENTREPRENEURSHIP. OUR GOAL RAISE ENOUGH MONEY TO SUSTAIN AN ENDOWMENT FUND WHICH WILL CARRY ON THE SCHOLARSHIP FOREVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Schneider President | 2 | $0 | |
Michael Siwierka Vice President | 2 | $0 | |
Shawn Bally Secretary | 2 | $0 | |
Daniel Hyatt Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,383 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,549 |
| Other Revenue | $0 |
| Total Revenue | $55,932 |
| 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 | $9 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $25,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,545 |
| Other assets | $0 |
| Total assets | $30,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,545 |