Secoro Foundation Inc
- Assets
- $124.7k
- Revenue
- $3.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sewickley, PA
- Founding
- 07/2004
- Data as of
- 12/2022
- EIN
- 20-0442197
Organization Overview
Secoro Foundation Inc is located in Sewickley, PA. The organization was established in 2004. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Secoro 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, Secoro Foundation Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.1%) each year. All expenses for the organization totaled $27.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Michael L Swaney President/director | 1 | $575 | |
Thomas Ondek Vice-Pres./sec./director | 1 | $575 | |
Douglas Baker Treasurer/director | 1 | $575 | |
Jeffrey S Mcbain Director | 0.25 | $300 | |
William Curry Director | 0.25 | $300 | |
Alex E Castracane Director | 0.25 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,522 |
| 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 | $3,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,525 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,778 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $27,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513 |
| Savings and temporary cash investments | $124,220 |
| 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 | $124,733 |
| 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, Secoro Foundation Inc has awarded $22,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ROBERT MORRIS UNIVERSITY PURPOSE: RMU COLLEGE SCHOLARSHIPS | $10,000 |
REBUILDING TOGETHER PITTSBURGH PURPOSE: HOME REPAIR PROJECT FOR SENIOR CITIZENS LIVING IN OLDER HOUSING | $12,500 |