Zentangle Foundation Inc is located in Whitinsville, MA. The organization was established in 2018. 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. Zentangle 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 12/2023, Zentangle Foundation Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $24.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE INDIVIDUALS IN NEED WITH ZENTANGLE ART SUPPLIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Roberts President And Clerk | 5 | $0 | |
Maria Thomas Treasurer | 5 | $0 | |
Dennis Rice Director | 1 | $0 | |
William Gianopoulos Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,644 |
| 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 | $22,644 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $818 |
| Professional fees and other payments to independent contractors | $2,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,041 |
| Total expenses | $24,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,986 |
| Other assets | $0 |
| Total assets | $281,121 |
| Total liabilities | $9,180 |
| Net assets or fund balances | $271,941 |