Al Nolen Foundation Inc
- Assets
- $1.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-1430212
Organization Overview
Al Nolen Foundation Inc is located in Minneapolis, MN. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. AL Nolen 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.
For the year ending 12/2022, AL Nolen Foundation Inc generated $33.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $30.9k during the year ending 12/2022. While expenses have increased by 24.9% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
AL NOLEN FOUNDATION IS PROVIDING SUPPORT TO STUDENTS DURING THE SCHOOL YEAR WITH ACADEMICS ATTENDANCE AND ENGAGEMENT OUR PROGRAM FOCUES ON BASKETBALL FUNDAMENTALS SEL SOCIAL EMOTIONAL LEARNING FINANCIAL LITERACY SOCIAL JUSTICE AND WELLNESS NUTRITION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Nolen President | 40 | $0 | |
Steven Pastor Treasurer | 3 | $0 | |
Ashley Diesting Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,433 |
| 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 | $33,433 |
| 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 | $15,340 |
| Occupancy, rent, utilities, and maintenance | $1,306 |
| Printing, publications, postage, and shipping | $1,180 |
| Other expenses | $13,104 |
| Total expenses | $30,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $448 |
| Other assets | $0 |
| Total assets | $1,263 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,263 |