Ken And Mabel Brace Foundation Inc
- Assets
- $57.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, MA
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 81-4247760
Organization Overview
Ken And Mabel Brace Foundation Inc is located in Norfolk, MA. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ken And Mabel Brace 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRANTS AND SIMILAR AMOUNTS PAID: PINE TREE ACADEMY ($15,000), CEDAR BROOK ($8,000), BASS MEMORIAL SCHOOL ($8,474), BERMUDA SCHOOL ($5,000), CALEDONIAN CHRISTIAN SCHOOL ($8,000), FORESTDALE CHRISTIAN SCHOOL ($7,000) NORTH STAR CHRISTIAN SCHOOL ($11,000).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Brace President/ceo/secretary | 20 | $25,982 | |
Andrew O'geare Executive Board Member | 1 | $0 | |
Dr Iheanyi C Egbuta Executive Board Member | 1 | $0 | |
Grace Guidice Treasurer | 3 | $0 | |
Maria Salmon Sargent Director | 1 | $0 | |
Charles Eusey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,600 |
| 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 | $97,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,982 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,764 |
| Total expenses | $97,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,562 |
| Other assets | $0 |
| Total assets | $57,562 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,562 |