Termax Charities
- Assets
- $111.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Zurich, IL
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-4109715
Organization Overview
Termax Charities is located in Lake Zurich, IL. The organization was established in 2015. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Termax Charities 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, Termax Charities generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ORGANIZED AND RAN ONE FUNDRAISING EVENT DURING THE YEAR. THE PROCEEDS FROM THOSE EVENTS WILL BE USED TO PROVIDE GRANTS TO ORGANIZATIONS THAT PROVIDE YOUTH DEVELOPMENT SERVICES, ADULT MENTORING, LIFE TRAINING SKILLS, AND COMMUNITY REINTEGRATION FOR YOUNG MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hoeksema Treasurer & VP | 0 | $0 | |
Thomas Boss Director & VP | 0.3 | $0 | |
William Smith Officer | 0 | $0 | |
Jim Rediger Director | 0 | $0 | |
Wes Gardocki Director, Secretary & VP | 0 | $0 | |
Mike Smith President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,279 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $98 |
| Other Revenue | $0 |
| Total Revenue | $32,377 |
| 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 | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,607 |
| Other assets | $0 |
| Total assets | $111,607 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,607 |
Grants Awarded
Over the last fiscal year, Termax Charities has awarded $105,241 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bonita Springs, FL PURPOSE: PROVIDE BASIC NECESSITIES FOR THOSE IMPACTED BY A NATURAL DISASTER | $74,741 |
Huntley, IL PURPOSE: RAISE COMMUNITY AWARENESS TOWARDS PEDIATRIC BRAIN TUMORS | $30,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Termax Charities has recieved totaling $225,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manitou Council Inc Sheboygan, WI | $6,152,575 | $1,986,036 |
Optimist International Youth Programs Foundation Inc Saint Louis, MO | $286,675 | $1,174,603 |
Josiah Whites Quakerdale Foundation New Providence, IA | $22,959,200 | $1,075,930 |
Caritas For Children Inc Milwaukee, WI | $234,512 | $528,292 |
Van Noy Valor Foundation Inc Florence, KY | $112,217 | $345,441 |
Kids On The Move Louisville, KY | $83,801 | $276,776 |
Barrington Childrens Charities Barrington, IL | $2,299,815 | $341,510 |
Lake Of The Ozarks Idiots Club Inc Kaiser, MO | $204,171 | $266,449 |
Anne E Leibowitz Youth Fund Chicago, IL | $753,377 | $28,601 |
Helping Hands Network Inc Northbrook, IL | $137,856 | $241,889 |
Tonys Charitable Foundation Itasca, IL | $471,602 | $217,855 |
Kevin Brown Memorial Tournament Of Champions Inc Washington, IL | $53,540 | $175,674 |