Samuel And Lydia Clar Foundation
- Assets
- $237.2k
- Revenue
- $406.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 16-1506096
Organization Overview
Samuel And Lydia Clar Foundation is located in Syracuse, NY. The organization was established in 1997. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel And Lydia Clar 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 12/2023, Samuel And Lydia Clar Foundation generated $406.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $408.5k during the year ending 12/2023. While expenses have increased by 7.6% 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A DAY CARE CENTER IN THE CITY OF SYRACUSE FOR THE CHILDREN OF LOW INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter S Williams President | 5 | $0 | |
Archie Barkins Treasurer | 5 | $0 | |
Phillip Mccoy Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $377,045 |
| 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 | $29,454 |
| Total Revenue | $406,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $306,777 |
| Pension plans, employee benefits | $0 |
| Interest | $9,326 |
| Taxes | $28,620 |
| Depreciation | $8,734 |
| Occupancy | $15,228 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,213 |
| Total operating and administrative expenses | $408,535 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $408,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,776 |
| Savings and temporary cash investments | $1,240 |
| Net Accounts receivable | $29,814 |
| 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 | $149,348 |
| Other assets | $49,996 |
| Total assets | $237,174 |
| Accounts payable and accrued expenses | $1,553 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $149,895 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $103,862 |
| Total liabilities | $255,310 |