Smsn Foundation Inc is located in Shavertown, PA. The organization was established in 2007. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Smsn 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, Smsn Foundation Inc generated $3.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $14.1k during the year ending 12/2022. While expenses have increased by 24.4% per year over the past 6 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Satish Patel Trustee | 0 | $0 | |
Neela Patel Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57 |
| Dividends & Interest | $3,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$518 |
| Capital Gain Net Income | $611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,461 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,084 |
| Total operating and administrative expenses | $1,084 |
| Contributions, gifts, grants paid | $12,994 |
| Total expenses and disbursements | $14,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,590 |
| Savings and temporary cash investments | $0 |
| 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 | $145,548 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $156,138 |
| 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 |
Over the last fiscal year, Smsn Foundation Inc has awarded $12,994 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MUNI SEVA CHARITABLE FOUNDATION PURPOSE: CHARITY | $10,000 |
AAPI PURPOSE: DONATION | $500 |
VOLUNTEER IN MEDICINE PURPOSE: IMPROVING THE HEALTH OF THE COMMUNIT | $1,500 |
MERAKEY PURPOSE: DONATION | $250 |
ST VINCENT DE PAUL KITCHEN PURPOSE: DONATION | $500 |
WVIA PURPOSE: DONATION | $140 |