Asfip Foundation Inc
- Assets
- $155.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/2016
- Data as of
- 06/2023
- EIN
- 47-5514105
Organization Overview
Asfip Foundation Inc is located in Atlanta, GA. The organization was established in 2016. 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. Asfip 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 06/2023, Asfip Foundation Inc generated $51.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $35.6k during the year ending 06/2023. 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
PROVIDED FINANCIAL AND VOLUNTEER SUPPORT TO LOCAL 501(C)(3) NONPROFIT ORGANIZATIONS WITH MISSIONS THAT ALIGN WITH THAT OF THE FOUNDATION TO ASSIST MEMBERS OF THE COMMUNITY AND TO ORGANIZE EVENTS THAT ALLOW ASFIP MEMBERS TO USE THEIR PROFESSIONAL EXPERTISE TO ASSIST MEMBER OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paty Holdmeyer Executive Dir. | 5 | $0 | |
Kathleen Chrisman President | 1 | $0 | |
Jackie Cushman Develop Chair | 1 | $0 | |
John Givens Program Chair | 1 | $0 | |
Janet Miller Invest Chair | 1 | $0 | |
Carole Cox Grantmake Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,677 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17,281 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,958 |
| 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 | $7,179 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,373 |
| Total expenses | $35,552 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $155,337 |
| Other assets | $0 |
| Total assets | $155,337 |
| Total liabilities | $0 |
| Net assets or fund balances | $155,337 |