Icarus Foundation Inc
- Assets
- $62.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 46-2350797
Organization Overview
Icarus Foundation Inc is located in Annapolis, MD. The organization was established in 2014. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Icarus Foundation 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 06/2023, Icarus Foundation Inc generated $53.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $58.9k during the year ending 06/2023. 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 |
|---|---|---|---|
Christine Grace Richter President/tr | 60 | $0 | |
Nancy Lemay Secretary | 5 | $0 | |
Stephen E Richter Trustee | 1 | $0 | |
Lori A Smith Trustee | 2 | $0 | |
Jackie Hennessey Trustee | 1 | $0 | |
Brooke Chapman Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,385 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $294 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,679 |
| 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 | $1,505 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,368 |
| Total expenses | $58,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,452 |
| Other assets | $0 |
| Total assets | $62,452 |
| Total liabilities | $10,230 |
| Net assets or fund balances | $52,222 |