David A Dechman Foundation
- Assets
- $5.0m
- Revenue
- $5.1m
- Investments
- $434.8k
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2000
- Data as of
- 03/2024
- EIN
- 13-4087830
Organization Overview
David A Dechman Foundation is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. David A Dechman Foundation 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 03/2024, David A Dechman Foundation generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $1.5m during the year ending 03/2024. While expenses have increased by 3.4% per year over the past 9 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE THAT THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS QUALIFYING
FOR EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,063,901 |
| Interest on Savings | $14,259 |
| Dividends & Interest | $78,154 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,939,258 |
| Capital Gain Net Income | $1,939,258 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,095,572 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,905 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $57,800 |
| Contributions, gifts, grants paid | $1,489,764 |
| Total expenses and disbursements | $1,547,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,858 |
| Savings and temporary cash investments | $2,793,777 |
| 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 | $1,588,486 |
| Total assets | $4,967,954 |
| 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, David A Dechman Foundation has awarded $1,489,764 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED STATEMENT D CASH GRANTS PURPOSE: SEE ATTACHED STATEMENT D, CASH GRANTS | $998,688 |
SEE ATTACHED STATEMENT E SECURITIES GIFTED-MOMA PURPOSE: SEE ATTACHED STATEMENT E, SECURITIES GIFTED-MOMA | $491,076 |