Decimal Point Charitable Foundation
- Assets
- $0.0
- Revenue
- $103.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 02/1999
- Data as of
- 06/2022
- EIN
- 63-1214244
Organization Overview
Decimal Point Charitable Foundation is located in Birmingham, AL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Decimal Point Charitable 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 06/2022, Decimal Point Charitable Foundation generated $103.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $162.3k during the year ending 06/2022. While expenses have increased by 20.9% per year over the past 6 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.
Since 2015, Decimal Point Charitable Foundation has awarded 26 individual grants totaling $459,500. 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 |
|---|---|---|---|
Naomi H Kassouf Trustee | 0 | $0 | |
Mary Beverly K Kimes Trustee | 0 | $0 | |
David P Kassouf Trustee | 0.2 | $0 | |
Gerard J Kassouf Trustee | 0.2 | $0 | |
Gayle K Thigpen Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $57,644 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $8,259 |
| Contributions, gifts, grants paid | $154,000 |
| Total expenses and disbursements | $162,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Decimal Point Charitable Foundation has awarded $154,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST ELIAS MARONITE CATHOLIC CHURCH PURPOSE: GENERAL FUND | $150,000 |
CRIPPLED CHILDREN'S FOUNDATION PURPOSE: GENERAL FUND | $4,000 |