Volterra-Detroit Foundation
- Assets
- $357.9k
- Revenue
- $199.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Royal Oak, MI
- Founding
- 10/2010
- Data as of
- 12/2019
- EIN
- 27-2934917
Organization Overview
Volterra-Detroit Foundation is located in Royal Oak, MI. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Volterra-Detroit 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 12/2019, Volterra-Detroit Foundation generated $199.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $212.5k during the year ending 12/2019. While expenses have increased by 7.6% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND MANAGE EDUCATIONAL, CULTURAL AND ARTISTIC PROGRAMS FOR THE SCHOOL OF ARCHITECTURE UNIVERSITY OF DETROIT MERCY AS WELL AS OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS. THE PROGRAMS ARE BASED IN THE RESIDENTIAL COLLEGE FACILITY IN THE CITY OF VOLTERRA (ITALY).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VOLTERRA-DETROIT FOUNDATION ORGANIZED A 12-WEEK LONG STUDY ABROAD PROGRAM FOR STUDENTS AND FACULTY OF THE SCHOOL OF ARCHITECTURE UNIVERSITY OF DETROIT MERCY AT THE FACILITY IN VOLTERRA. THE PROGRAM INCLUDED TRIPS TO FLORENCE, PISA, SIENA AND ROME.
THE VOLTERRA-DETROIT FOUNDATION ORGANIZED A 10-WEEK LONG STUDY ABROAD PROGRAM FOR STUDENTS AND FACULTY OF THE SCHOOL OF ARCHITECTURE UTAH AT THE FACILITY IN VOLTERRA. THE PROGRAM INCLUDED TRIPS TO VENICE, FLORENCE, PISA AND SIENA.
THE VOLTERRA-DETROIT FOUNDATION ORGANIZED A 4-WEEK LONG STUDY ABROAD PROGRAM FOR STUDENTS AND FACULTY OF KENDALL COLLEGE AT THE FACILITY IN VOLTERRA. THE PROGRAM INCLUDED EXCURSIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Giulia Munday Director | Trustee | 10 | $0 |
Mark Dietrick Director | Trustee | 2 | $0 |
Ashley Flintoff Secretary | Trustee | 2 | $0 |
James Ptacek Director | Trustee | 2 | $0 |
Stephen Vogel Vice President | Trustee | 4 | $0 |
Wladyslaw Fuchs President | Trustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $72,514 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,514 |
| Total Program Service Revenue | $127,042 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $199,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,118 |
| Compensation of current officers, directors, key employees. | $63,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,650 |
| Fees for services: Accounting | $4,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,475 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,589 |
| Travel | $11,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $750 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,172 |
| Insurance | $112 |
| All other expenses | $9,750 |
| Total functional expenses | $212,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,391 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $327,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,880 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $322,841 |
| Retained earnings, endowment, accumulated income, or other funds | $35,039 |
| Total liabilities and net assets/fund balances | $357,880 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Volterra-Detroit Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Progressnow Education Lansing, MI | $1,591,280 | $29,411,544 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |