Fred S Shaulis Foundation Inc is located in Friedens, PA. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Fred S Shaulis 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 02/2024, Fred S Shaulis Foundation Inc generated $106.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $168.1k during the year ending 02/2024. While expenses have increased by 7.6% per year over the past 8 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick S Shaulis III Director & President | 0 | $0 | |
Randell L Urban Director, V.P. & Tre | 40 | $56,412 | |
Jean F Shaulis Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,000 |
| Interest on Savings | $274 |
| 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 | $10,305 |
| Total Revenue | $106,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,412 |
| Other employee salaries and wages | $39,376 |
| Pension plans, employee benefits | $39,302 |
| Interest | $0 |
| Taxes | $7,264 |
| Depreciation | $1,867 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,624 |
| Total operating and administrative expenses | $167,552 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $168,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,605 |
| Savings and temporary cash investments | $87,156 |
| 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 | $445,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $14,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,000 |
| Total assets | $550,761 |
| 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 |