Harry Dallara Memorial Foundation Inc is located in Tryon, NC. The organization was established in 2015. According to its NTEE Classification (T31) the organization is classified as: Community 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. Harry Dallara Memorial 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 12/2023, Harry Dallara Memorial Foundation Inc generated $80.3k 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 (10.2%) each year. All expenses for the organization totaled $24.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
AS PER DESCRIPTION OF PRIMARY EXEMPT PURPOSE - FUNDS EXPENDED FOR HARMON FIELD (BASEBALL FIELD) ADDITIONS AND UPGRADES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Gawlik Secretary Thru 9/30/24 | 3 | $3,250 | |
Irina Katz Secretary Starting 10/1/24 | 3 | $1,200 | |
Charles Dallara Chairman/treasurer | 3 | $0 | |
Peixin Dallara Director | 1 | $0 | |
Adrian Dallara Director | 1 | $0 | |
Sam Foster Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,109 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,250 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,873 |
| Total expenses | $24,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,521 |
| Other assets | $0 |
| Total assets | $368,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,391 |