Sos Foundation 1051001083
- Assets
- $353.4k
- Revenue
- $21.4k
- Investments
- $345.3k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1978
- Data as of
- 04/2024
- EIN
- 63-6048990
Organization Overview
Sos Foundation 1051001083 is located in Birmingham, AL. The organization was established in 1978. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Sos Foundation 1051001083 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 04/2024, Sos Foundation 1051001083 generated $21.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $27.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sos Foundation 1051001083 has awarded 36 individual grants totaling $127,000. 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 |
|---|---|---|---|
Marcie Braswell Secretary | 1 | $0 | |
Dr Mark Wilson Director | 1 | $0 | |
Mrs Anne R Moses Director | 1 | $0 | |
Nena Sanders Director | 1 | $0 | |
Dr Max Michael Director | 1 | $0 | |
Mr Martin Nowak Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,189 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,210 |
| Capital Gain Net Income | $10,210 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,399 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $771 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,983 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $26,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,097 |
| 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 | $345,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $353,390 |
| 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, Sos Foundation 1051001083 has awarded $20,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UAB SCHOOL OF NURSING PURPOSE: SCHOLARSHIP FOR PROMOTION | $4,000 |
SAMFORD UNIVERSITY SCHOOL OF PHARMACY PURPOSE: SCHOLARSHIP FOR PROMOTION | $2,000 |
SAMFORD UNIVERSITY SCHOOL OF NURSING PURPOSE: SCHOLARSHIP FOR PROMOTION | $4,000 |
LAWSON STATE COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP FOR PROMOTION | $4,000 |
AUBURN UNIVERSITY SCHOOL OF PHARMACY PURPOSE: SCHOLARSHIP FOR PROMOTION | $2,000 |
JEFFERSON STATE JUNIOR COLLEGE PURPOSE: SCHOLARSHIP FOR PROMOTION | $4,000 |