Christian Foundation Inc
- Assets
- $53.6k
- Revenue
- $5.8k
- Investments
- $52.3k
- Employees
- 0
- Location
- Mount Vernon, NY
- Founding
- 12/1993
- Data as of
- 12/2022
- EIN
- 13-3694334
Organization Overview
Christian Foundation Inc is located in Mount Vernon, NY. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian 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 12/2022, Christian Foundation Inc generated $5.8k in total revenue. All expenses for the organization totaled $4.0k during the year ending 12/2022. While expenses have increased by 120.5% per year over the past 4 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 |
|---|---|---|---|
Dr Joseph W Decrescenzo Vice President | 1 | $0 | |
Michael Ferrigno Vice President | 0.25 | $0 | |
Margaret Decrescenzo Secretary | 0.25 | $0 | |
Keith A Alt President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,790 |
| 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 | $5,790 |
| 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 | $90 |
| Total operating and administrative expenses | $90 |
| Contributions, gifts, grants paid | $3,883 |
| Total expenses and disbursements | $3,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,309 |
| 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 | $0 |
| Total assets | $53,590 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,723 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,723 |
Grants Awarded
Over the last fiscal year, Christian Foundation Inc has awarded $3,883 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VIETNAM MINISTRIES PURPOSE: EVANGELISM | $1,200 |
HARBOR EVANGELISM INLT INC PURPOSE: EVANGELISM | $1,600 |
NEW DURHAM BAPTIST CHURCH PURPOSE: EVANGELISM | $250 |
JEAN SABAKA PURPOSE: EVANGELISM | $300 |
BOWERY MISSIONS PURPOSE: EVANGELISM | $33 |
LAND MARK BAPTIST CHURCH PURPOSE: EVANGELISM | $250 |