Foundation Of Light Inc
- Assets
- $421.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Ithaca, NY
- Founding
- 07/1977
- EIN
- 16-1076804
Organization Overview
Foundation Of Light Inc is located in Ithaca, NY. The organization was established in 1977. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Foundation Of Light 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 undefined, Foundation Of Light Inc generated $43.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $97.5k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
TO PROMOTE SPIRITUAL UNDERSTANDING AND PRACTICE AS FOUND IN ALL THE WORLD'S GREAT RELIGIONS, IN ACCORDANCE WITH DIVINE PURPOSE OR COSMIC LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Fortunato Board Member | 1 | $0 | |
Tony Simmons Board Member | 1 | $0 | |
Marne O'shae Secretary | 1 | $0 | |
Henry Peterson Vice President | 1 | $0 | |
Ira Kamp President | 3 | $0 | |
Cynthia Herrick Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,589 |
| Total Program Service Revenue | $34,647 |
| Membership dues | $933 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,199 |
| Statement of Expenses | |
|---|---|
| Total expenses | $97,517 |
| Balance Sheet | |
|---|---|
| Total assets | $420,991 |
| Total liabilities | $0 |
| Net assets or fund balances | $420,991 |