Cool Cars For Kids Inc
- Assets
- $97.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-3917740
Organization Overview
Cool Cars For Kids Inc is located in Bala Cynwyd, PA. The organization was established in 2016. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cool Cars For Kids 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 12/2021, Cool Cars For Kids Inc generated $92.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $81.9k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CHARITY IS ORGANIZED FOR THE PURPOSE OF RAISING FUNDS TO DONATE TO MEDICAL INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Tilson Director | 2 | $0 | |
Fred Simeone Director | 2 | $0 | |
Roy Gonella Director | 2 | $0 | |
Paul Patitucci Director | 2 | $0 | |
Ian Krantz Director | 2 | $0 | |
Sarah Raible Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,052 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,192 |
| Other Revenue | $0 |
| Total Revenue | $92,244 |
| 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 | $145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $297 |
| Other expenses | $6,429 |
| Total expenses | $81,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,459 |
| Other assets | $0 |
| Total assets | $97,459 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,459 |
Grants Awarded
Over the last fiscal year, Cool Cars For Kids Inc has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: MEDICAL RESEARCH | $50,000 |
Coronado, CA PURPOSE: MEDICAL RESERACH | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Cool Cars For Kids Inc has recieved totaling $93,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $40,000 |
Chester County Community Foundation Inc West Chester, PA PURPOSE: HUMAN SERVICES | $17,500 |
Delta Dental Of Pennsylvania Mechanicsburg, PA PURPOSE: TO PROVIDE DENTAL EDUCATION | $15,000 |
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $11,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: MEDICAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Association For Frontotemporal Degeneration King Of Prussia, PA | $44,796,969 | $12,057,958 |
Childrens Oncology Group Foundation Philadelphia, PA | $22,837,173 | $7,487,855 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
International Rett Syndrome Foundation Cincinnati, OH | $7,416,506 | $4,132,287 |
Fox Chase Cancer Center Foundation Philadelphia, PA | $63,333,365 | $6,307,847 |
Fraternal Order Of Eagles Foundation Grove City, OH | $12,562,333 | $4,443,136 |
Urology Care Foundation Inc Linthicum, MD | $76,869,441 | $7,067,880 |
Cancer Free Kids Pediatric Cancer Research Alliance Loveland, OH | $921,722 | $1,755,418 |
American Foundation For Children With Aids Inc Harrisburg, PA | $518,393 | $1,638,509 |
The Childrens Cancer Foundation Inc Columbia, MD | $1,439,343 | $1,526,844 |
The Naspghan Foundation Ambler, PA | $6,522,780 | $1,880,637 |