Avamar Foundation
- Assets
- $243.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, OH
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 27-3247081
Organization Overview
Avamar Foundation is located in Warren, OH. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public 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. Avamar 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 12/2021, Avamar Foundation generated $52.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $24.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION CONDUCTS AN ANNUAL EVENT EACH YEAR TO RAISE MONEY FOR THE ELDERLY IN THE COMMUNITY TO HELP PAY FOR THEIR PRESCRIPTION MEDICATION. THE ANNUAL EVENT IS HELD AT CADOBAZ. THE ACTIVITIES FOR THE ANNUAL EVENT HAVE AND WILL CONTINUE TO CONSIST OF THE FOLLOWING: 1.ART EXHIBIT BY A RENOWNED ARTIST. 2.DINING CATERED BY A LOCAL RESTAURANT 3.ENTERTAINMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farid Naffah Director | 0 | $0 | |
Matthew Blair Trustee | 0 | $0 | |
Barbara Steinbeck Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,782 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$63,930 |
| Other Revenue | $0 |
| Total Revenue | $52,868 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,842 |
| Other expenses | $3,444 |
| Total expenses | $24,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,580 |
| Other assets | $0 |
| Total assets | $243,580 |
| Total liabilities | $0 |
| Net assets or fund balances | $243,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Avamar Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Albert M Covelli Foundation Warren, OH PURPOSE: CHARITABLE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Travis Manion Foundation Doylestown, PA | $7,247,874 | $9,161,709 |
Capital For Good Usa Paoli, PA | $43,024,073 | $25,450,338 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Poise Foundation Pittsburgh, PA | $17,239,498 | $10,674,894 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |