Employee First Fund is located in Coppell, TX. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employee First Fund 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, Employee First Fund generated $114.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $195.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
EMERGENCY RELIEF - THE ORGANIZATION PROVIDES GRANTS TO EMPLOYEES EXPERIENCING UNFORESEEN EMERGENCIES LIKE A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT, OR OTHER GRAVE CHALLENGES THAT THEY ARE NOT FINANCIALLY PREPARED TO DEAL WITH.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Marazio Chair/president | 1 | $0 | |
Kristin Schwertner Vice Chair/treasurer | 1 | $0 | |
Stephanie Lind Secretary | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,914 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,914 |
| 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 | $12,793 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,930 |
| Total expenses | $195,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,090 |
| Other assets | $0 |
| Total assets | $147,877 |
| Total liabilities | $4,950 |
| Net assets or fund balances | $142,927 |