Alek Kavcic Foundation is located in Austin, TX. The organization was established in 2017. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alek Kavcic 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 12/2022, Alek Kavcic Foundation generated $883.7k in total revenue. All expenses for the organization totaled $877.1k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOVA SKOLA LLC- PUBLISHING HOUSE DEDICATED TO THE DEVELOPMENT OF PRIMARY SCHOOL EDUCATION.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $759,074 |
| Interest on Savings | $57 |
| Dividends & Interest | $1,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,436 |
| Capital Gain Net Income | $123,436 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $883,697 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,500 |
| Depreciation | $43,306 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $321,798 |
| Total operating and administrative expenses | $433,632 |
| Contributions, gifts, grants paid | $443,500 |
| Total expenses and disbursements | $877,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,650 |
| 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 | $0 |
| 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 | $617,357 |
| Other assets | $0 |
| Total assets | $627,633 |
| 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 |
Over the last fiscal year, Alek Kavcic Foundation has awarded $443,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FONDACIJA ALEK KAVCIC PURPOSE: FINANCIAL SUPPORT | $343,500 |
ST STEPHEN'S EPISCOPAL SCHOOL PURPOSE: FINANCIAL SUPPORT | $100,000 |