Kai Foundation Inc
- Assets
- $89.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gilbert, AZ
- Founding
- 04/2018
- Data as of
- 06/2022
- EIN
- 81-1557906
Organization Overview
Kai Foundation Inc is located in Gilbert, AZ. The organization was established in 2018. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Kai 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 06/2022, Kai Foundation Inc generated $12.1k 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 (4.7%) each year. All expenses for the organization totaled $8.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING DIRECT EDUCATIONAL SERVICES AND CHARITABLE GIVING TO UNDERDEVELOPED REGIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl Grossman Secretary | 2 | $0 | |
Henry Kartagener President/treasurer | 2 | $0 | |
Brian Hans Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,106 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,106 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $1,919 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,927 |
| Total expenses | $8,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,176 |
| Other assets | $0 |
| Total assets | $89,311 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,311 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kai Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
W J Barney Foundation Inc New York, NY PURPOSE: SET UP CLINIC IN AFRICA | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |
Inland Empire United Way Rancho Cucamonga, CA | $4,505,450 | $6,854,320 |
Partners In School Innovation San Francisco, CA | $2,518,159 | $5,628,468 |
Caring For Colorado Centennial Fund Denver, CO | $31,808,788 | $10,829,484 |