Emerald Foundation
- Assets
- $208.0k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Westlake, OH
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-5106676
Organization Overview
Emerald Foundation is located in Westlake, OH. The organization was established in 2015. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerald 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 12/2021, Emerald Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2021. 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 |
|---|---|---|---|
James Gerish Director | 1 | $0 | |
Jennifer Gerish Director | 1 | $0 | |
Jeffrey Gerish Director | 1 | $0 | |
Kris Gerish Managing Dir | 1 | $0 | |
Keith Martinet Director | 1 | $0 | |
Matthew Gerish Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $675 |
| Contributions, gifts, grants paid | $12,500 |
| Total expenses and disbursements | $13,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,950 |
| 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 | $207,950 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Emerald Foundation has awarded $12,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL MUSEUM OF THE GREAT LAKES PURPOSE: CHARITY | $2,000 |
FLAT ROCK HOMES PURPOSE: CHARITY | $2,000 |
HYDROCEPHALUS ASSOCIATION PURPOSE: CHARITY | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: CHARITY | $1,500 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: CHARITY | $1,500 |
Cleveland, OH PURPOSE: CHARITY | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Hope Foundation Ann Arbor, MI | $67,036,351 | $9,873,142 |
Gbs Cidp Foundation International Conshohocken, PA | $13,412,420 | $4,358,358 |
Success America Roslyn, PA | $5,901 | $1,796,000 |
Sally Gail Lindsey Family Tr Brooklyn, OH | $6,946,207 | $946,240 |
101st Airborne Division Association Inc Ft Campbell, KY | $1,393,173 | $440,942 |
Siegel Rare Neuroimmune Association Powell, OH | $1,538,757 | $1,415,891 |
Cayman Biomedical Research Institute Ann Arbor, MI | $1,223,655 | $216,274 |
National Arab American Medical Association Inc Troy, MI | $2,109,297 | $424,078 |
Mary Grace Memorial Fund Lakewood, OH | $91,333 | $88,455 |
Joseph Maley Foundation Inc Indianapolis, IN | $618,424 | $435,734 |
Midwest Clinicians Network Inc East Lansing, MI | $355,705 | $200,200 |
Hfm Camping Adventures Ypsilanti, MI | $9,463 | $207,188 |