Herald Foundation

Organization Overview

Herald Foundation is located in Ashtabula, OH. The organization was established in 1992. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Herald 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 08/2022, Herald Foundation generated $55.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $66.0 during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (27.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE GOOD CATHOLIC EDUCATION TO CHILDREN

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO SAINTS JOHN & PAUL CATHOLIC SCHOOL - ALSO AN EXEMPT ORGANIZATION ALL STUDENTS ARE BENEFITTED. SAINT JOHN SCHOOL BUILT A NEW MODERN GYM


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Board, Officers & Key Employees

Name (title)Compensation
Nick Detore
President
$0
Ed Looman
Trustee
$0
Peter Tulino
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
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$0
Total Program Service Revenue$0
Investment income $55
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 $55

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