James I And Carolyn R Ausman Educational Foundation is located in Las Vegas, NV. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. James I And Carolyn R Ausman Educational 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 12/2023, James I And Carolyn R Ausman Educational Foundation generated $103.2k 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 (22.1%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN EDUCATIONAL PROJECT THAT WILL PROVIDE A FREE SURGICAL NEUROLOGY INTERNATIONAL ONLINE JOURNAL THAT WILL BENEFIT THE MEDICAL COMMUNITY AROUND THE WORLD.
AN EDUCATIONAL PROJECT THAT WILL DISTRIBUTE A LEADING GEN VIDEO SERIES MEANT TO AID IN THE EDUCATION OF THE OVERALL WELL-BEING OF INDIVIDUALS 40 AND ABOVE. THIS INCLUDES TOPICS SUCH AS HEALTH, MONEY MANAGEMENT, AND PLANNING FOR THE FUTURE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Ausman President | 1 | $0 | |
Jorge Lazareff Vice Pres | 1 | $0 | |
Dennis Godecke Treasurer/se | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,589 |
| Interest on Savings | $22 |
| Dividends & Interest | $18 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$27,451 |
| Total Revenue | $103,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,389 |
| Total operating and administrative expenses | $11,387 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $11,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,192 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,151,304 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,000 |
| Total assets | $1,511,180 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |