Katherine Rae Iarussi Foundation
- Assets
- $35.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ravenna, OH
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 82-4796617
Organization Overview
Katherine Rae Iarussi Foundation is located in Ravenna, OH. 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. Katherine Rae Iarussi Foundation 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 12/2022, Katherine Rae Iarussi Foundation generated $7.5k 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 (32.8%) each year. All expenses for the organization totaled $13.8k during the year ending 12/2022. 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 Mission:
Part 3 - Line 1
TO FURTHER HIGHER EDUCATION THROUGH SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3
GIVING SCHOLARSHIPS TO BOWLING GREEN UNIVERSITY, WALSH UNIVERSITY AND KENT STATE UNIVERSITY FOR $000 EACH GAVE ROOTSTOWN SCHOOL DONATIONS OF $750 AND THE ROOTSTOWN SCHOOL LUNCH PROGRAM AND FOODPACKS $1500 COMMUNITY DONATION AS A GIVE BACK FROM FUND RAISERS $4000
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Iarussi Trustee | 5 | $0 | |
Ralph Iarussi Trustee | 5 | $0 | |
Mckenzie Iarussi Trustee | 5 | $0 | |
Kirsten Stoner Chairman | 5 | $0 | |
Mark Moore President | 5 | $0 | |
Ryan Poland Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,453 |
| Other Revenue | $0 |
| Total Revenue | $7,509 |
| 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 | $2,815 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,881 |
| Total expenses | $13,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,142 |
| Other assets | $0 |
| Total assets | $35,142 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,142 |