Air-Pruning Technologies
- Assets
- $2.3m
- Revenue
- $8.7k
- Investments
- $524.5k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 56-2093339
Organization Overview
Air-Pruning Technologies is located in Raleigh, NC. The organization was established in 1999. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air-Pruning Technologies 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, Air-Pruning Technologies generated $8.7k 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 (46.9%) each year. All expenses for the organization totaled $165.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Air-Pruning Technologies has awarded 40 individual grants totaling $2,095,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ulric Huang Director | 3 | $0 | |
Lucas Huang Director Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $940 |
| Dividends & Interest | $7,730 |
| 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 | $8,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,903 |
| Depreciation | $15,637 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,384 |
| Total operating and administrative expenses | $29,524 |
| Contributions, gifts, grants paid | $136,000 |
| Total expenses and disbursements | $165,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,433 |
| Savings and temporary cash investments | $1,235,305 |
| 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 | $498,013 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,326,261 |
| 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, Air-Pruning Technologies has awarded $136,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ANN ROBERT H LURIE CHILDRENS HOS PURPOSE: GENERAL SUPPORT | $10,000 |
GEORGE WOSHINGTON UNIVERSITY PURPOSE: GENERAL SUPPORT | $15,000 |
INTERNATIONAL NETWORK FOR SIMULATIO PURPOSE: GENERAL SUPPORT | $41,000 |
PANCREATIC CANCER EDUCATION PURPOSE: GENERAL SUPPORT | $20,000 |
VANDERBILT UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |
THE V FOUNDATION FOR CANCER RESEARC PURPOSE: GENERAL SUPPORT | $15,000 |