Foundation For Orthodoxy Inc
- Assets
- $1.3m
- Revenue
- $66.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Minot, ND
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 45-0391887
Organization Overview
Foundation For Orthodoxy Inc is located in Minot, ND. The organization was established in 1996. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Foundation For Orthodoxy Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Orthodoxy 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 12/2021, Foundation For Orthodoxy Inc generated $66.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $41.4k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNIFY THE ORTHODOX RELIGION BY PROVIDING THE PHYSICAL FACILITIES AND MAINTENANCE NECESSARY TO PROPERLY SERVE THE CHURCH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING THE PHYSICAL FACILITIES NECESARY TO PROPERLY SERVE THE COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Maragos President | OfficerTrustee | 2 | $0 |
Gregory C Demakis Vice President | OfficerTrustee | 2 | $0 |
George Malakataris Treasurer | OfficerTrustee | 2 | $0 |
Gregory Carpenter Secretary | OfficerTrustee | 2 | $0 |
Jim Maragos Director | Trustee | 2 | $0 |
John Zimmerman Director | Trustee | 2 | $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 | $6,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,700 |
| Total Program Service Revenue | $0 |
| Investment income | $75 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,970 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $9,836 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,581 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $540 |
| Fees for services: Management | $4,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $49 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,421 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $405 |
| All other expenses | $0 |
| Total functional expenses | $41,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,084 |
| Savings and temporary cash investments | $5,251 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,239,691 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,261,026 |
| Accounts payable and accrued expenses | $220,979 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $220,979 |
| Net assets without donor restrictions | $1,040,047 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,261,026 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |
St Francis Health Services Of Morris Inc Morris, MN | $57,875,580 | $5,381,423 |
Real Resources Inc Golden Valley, MN | $2,778,257 | $4,979,217 |
Bethesda Of Beresford Beresford, SD | $3,676,012 | $3,683,299 |
Isaiah St Paul, MN | $8,070,299 | $3,505,026 |
Stillwater Christian School Kalispell, MT | $5,180,518 | $4,253,065 |
Little Falls Key Row Inc St Cloud, MN | $0 | $0 |
Dakota Resources Renner, SD | $30,186,336 | $4,179,502 |
Sisters Of Mary Of The Presentation Prairieland Home Care Fargo, ND | $3,526,442 | $2,551,991 |
Proclaim Aviation Ministries Inc Worthington, MN | $1,372,922 | $2,265,542 |
Mission Haiti Sioux Falls, SD | $1,465,109 | $1,782,923 |