Church State And Industry Foundation Inc
- Assets
- $1.1m
- Revenue
- $56.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Polk City, IA
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-4499067
Organization Overview
Church State And Industry Foundation Inc is located in Polk City, IA. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Church State And Industry 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 12/2023, Church State And Industry Foundation Inc generated $56.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $104.5k during the year ending 12/2023. While expenses have increased by 4.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Selof Treasurer | 1 | $0 | |
Matt Dial Director | 1 | $0 | |
Mike Klappholz Director | 1 | $0 | |
Rabbi Portman Director | 1 | $0 | |
Todd Jacobus Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,820 |
| Dividends & Interest | $30,476 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,588 |
| Capital Gain Net Income | $21,588 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,176 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,973 |
| Total operating and administrative expenses | $13,229 |
| Contributions, gifts, grants paid | $91,300 |
| Total expenses and disbursements | $104,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,719 |
| Savings and temporary cash investments | $30,513 |
| 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 | $1,064,318 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,103,550 |
| 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, Church State And Industry Foundation Inc has awarded $91,300 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LIBERTY UNIVERSITY (CALEB WHINEY AND MAHALIA REEVEY) PURPOSE: EDUCATIONAL | $14,100 |
EPISCOPAL SEMINARY (DAKOTA BLACKMAN) PURPOSE: EDUCATIONAL | $7,050 |
RCCGNA SEMINARY (ELIJAH ADEOYE) PURPOSE: EDUCATIONAL | $7,050 |
REFORMED SEMINARY (ISAAC HAN) PURPOSE: EDUCATIONAL | $7,050 |
VIRGINIA SEMINARY (CHRIS LEUNG) PURPOSE: EDUCATIONAL | $7,050 |
PNC BANK (JOSHUA STINE) PURPOSE: EDUCATIONAL | $7,050 |