Sharbek Family Foundation
- Assets
- $437.0k
- Revenue
- $63.1k
- Investments
- $392.5k
- Employees
- 0
- Location
- Avon Lake, OH
- Founding
- Data as of
- 12/2021
- EIN
- 34-1757088
Organization Overview
Sharbek Family Foundation is located in Avon Lake, OH. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharbek Family 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, Sharbek Family Foundation generated $63.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $33.2k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Sharbek Secretary | 1 | $2,000 | |
Mf Sharbek MD President/tr | 1 | $0 | |
Farah Maderitz Trustee | 0.25 | $0 | |
Sammar Mecsak Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,187 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,932 |
| Capital Gain Net Income | $36,932 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $63,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| 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 | $0 |
| Total operating and administrative expenses | $2,000 |
| Contributions, gifts, grants paid | $31,200 |
| Total expenses and disbursements | $33,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,576 |
| 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 | $12,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $437,042 |
| 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 |
Grants Awarded
Over the last fiscal year, Sharbek Family Foundation has awarded $31,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Fishers, IN PURPOSE: EDUCATIONAL SUPPORT | $5,500 |
SYRIAN AMERICAN MEDICAL SOCIETY PURPOSE: MEDICAL SUPPORT | $5,000 |
Irving, TX PURPOSE: SUPPORT | $4,500 |
Cleveland, OH PURPOSE: MAINTENANCE | $4,500 |
SYRIAN EMERGENCY TASK FORCE PURPOSE: SUPPORT | $3,500 |
SYRIAN RELIEF FUND PURPOSE: SUPPORT | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Safe Families For Children Alliance Chicago, IL | $3,523,068 | $9,924,305 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Healing Place Inc Louisville, KY | $37,666,074 | $13,853,449 |
Douglass Community Services Inc Hannibal, MO | $3,361,431 | $10,312,306 |
Manhattan Country School Inc New York, NY | $44,093,729 | $11,269,443 |
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |