Joe Concannon Fam Charitable Foundation is located in Wever, IA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Joe Concannon Fam Charitable 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 12/2023, Joe Concannon Fam Charitable Foundation generated $39.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $45.5k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 6 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $10,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,735 |
| Capital Gain Net Income | $28,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,568 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $359 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $3,984 |
| Contributions, gifts, grants paid | $41,500 |
| Total expenses and disbursements | $45,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,963 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $624,515 |
| 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 | $339,700 |
| Total liabilities | $339,700 |
Over the last fiscal year, Joe Concannon Fam Charitable Foundation has awarded $26,222 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHEASTERN COMMUNITY COLLEGE PURPOSE: FUNDING | $7,722 |
FRIENDS OF KEOKUK ANIMAL SHELTER PURPOSE: FUNDING | $2,000 |
LADIES OF CHARITY PURPOSE: FUNDING | $3,000 |
GODS WAY CHRISTIAN CHURCH PURPOSE: FUNDING | $3,000 |
IOWA LEGAL AID PURPOSE: FUNDING | $2,000 |
UNIVERSITY OF IOWA LAW SCHOOL PURPOSE: FUNDING | $2,000 |