Lars & Sven Foundation
- Assets
- $473.0
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Vernon, NJ
- Founding
- Data as of
- 03/2020
- EIN
- 83-4278628
Organization Overview
Lars & Sven Foundation is located in Vernon, NJ. 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. Lars & Sven Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HELD OUR MAIN ACTIVITY - WINTERNIGHTS VIKING FESTIVAL. IN ADDITION TO OUR PRESENTATIONS THIS YEAR WE HAD A VIKING REENACTORS GROUP SET UP CAMP AND DO BATTLE. NEW THIS YEAR IN ADDITON TO RECONSTRUCTION OF FREYA WAS CONSTRUCTION OF AN IRON FORGE. SAMPLES OF IRON ORE AND AN IRON INGOT MADE IN A SIMILAR VIKING RECREATION FORGE WERE ON DISPLAY. EXHIBITS AND EDUCATIONAL MATERIALS WERE ON DISPLAY. DONATIONS WERE ACCEPTED FOR LFS AND TO HELP SUPPORT THE NORTHERN NJ VETERANS MEMORIAL CEMETERY. $120 WAS GIVEN TO NNJVMC ON VETERANS DAY.
THE ORIGINAL FREYA RUNESTONE NEEDED TO BE REBUILT. WE WERE ABLE TO REPLACE IT IN TIME FOR THIS YEARS WNF. THE RUNESTONE IS A HYPERTUFFA SCULPTURE THAT REQUIRES MANY MAN HOURS TO CONSTRUCT BEING ALMOST 6'HIGH AND AN AVERAGE OF 3' IN DIAMETER.IT CLOSELY RESEMBLES THE ORIGINAL IN SHAPE USING THE SAME FREYA IMAGE.
WE GOT APPROVAL FOR OUR HOME4DHOLIDAYS EVENT INCLUDING A FREE PUBLIC ICE SKATING RINK. THE TOWNSHIP TEMPORARY PERMIT REQUIRED A CERTIFIED ELECTRICIAN COMPLETE A PERMIT FOR A TEMPORARY GENERATOR FOR IT.. UNFORTUNATELY WE COULD NOT GET ONE TO DO THAT 6 CONTACTED. WE HAD HOPED TO BE ABLE TO HAVE IT AVAILABLE FOR PRESIDENTS WEEK BUT STILL WERE UNABLE TO GET THE ELECTRIC PERMIT WE NEEDED.
WE FILMED AN HOURS WORTH OF THE 2020 WINTER SPECIAL OLYMPICS IN FEB FOR VIEWING BY ANYONE. WE ATTENDED SWEDISH HISTORIAL SOCIETY EVENT IN DE AND SCANFEST IN BUDD LAKE PRESENTING OURSELVES AND CULTURAL HISTORICAL LITERATURE AND EXHIBITS SUCH AS THE WAY VIKINGS SPLIT LOGS TO FORM THE PLANKS THAT THEN BECAME THE SIDES OF THEIR LONGSHIPS. COVID BECAME A MAJOR FACTOR REQUIRING CANCELLING OF MEETINGS CLASSES ETC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rudolph Martinsen Trustee | 0 | $0 | |
Carolyn Liss Trustee | 0 | $0 | |
Maria Bazzone Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,013 |
| Interest on Savings | $14 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $2,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $48 |
| Printing and publications | $224 |
| Other expenses | $1,656 |
| Total operating and administrative expenses | $2,637 |
| Contributions, gifts, grants paid | $120 |
| Total expenses and disbursements | $2,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $215 |
| Total assets | $473 |
| 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 |
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