Friends Of Graded Foundation
- Assets
- $114.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1969
- Data as of
- 07/2024
- EIN
- 23-7032466
Organization Overview
Friends Of Graded Foundation is located in New York, NY. The organization was established in 1969. According to its NTEE Classification (Q34) the organization is classified as: International Educational Development <i>(Draft Code - not for internal IRS use)</i>, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Graded 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 07/2024, Friends Of Graded Foundation generated $63.1k 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 (7.2%) each year. All expenses for the organization totaled $122.7k during the year ending 07/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDED GRANTS TO SCHOOLS AND ORGANIZATIONS THAT SUPPORT ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hermina Merkel President | 0.5 | $0 | |
Stephen Graham Treasurer | 0.5 | $0 | |
Thomas G Graham Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,688 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $393 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,081 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,459 |
| Total expenses | $122,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,897 |
| Other assets | $0 |
| Total assets | $114,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,897 |