Noah Worcester Endowment Fund Inc
- Assets
- $413.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/2007
- Data as of
- 07/2023
- EIN
- 35-2285490
Organization Overview
Noah Worcester Endowment Fund Inc is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noah Worcester Endowment Fund Inc 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 07/2023, Noah Worcester Endowment Fund Inc generated $46.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $1.1k during the year ending 07/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
OUR FUNDRAISING GOAL IS FOR THE CORPS AMOUNT OF THE FUND IS 2,000,000. AFTER THIS GOAL IS REACHED, INCOME GENERATED FROM THE CORPUS WILL BE USED FOR THE FOLLOWING: "ENDOW LECTURESHIPS FOR THE ANNUAL MEETING "FUND THE MENTORING OF DERMATOLOGY RESIDENTS "SUPPORT FOR CLINICAL OR BENCH DERMATOLOGY RESEARCH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Brandt Executive Di | 5 | $0 | |
Peter Muelleman President | 5 | $0 | |
Neil S Sadick MD Past-Preside | 5 | $0 | |
Neal Bhatia MD Secretary-Tr | 5 | $0 | |
Evan Schlam Board Member | 1 | $0 | |
Antonanella Calame MD Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,810 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,822 |
| 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 | $1,119 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $0 |
| Total expenses | $1,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $410,398 |
| Other assets | $0 |
| Total assets | $413,248 |
| Total liabilities | $0 |
| Net assets or fund balances | $413,248 |