Polk Institute Foundation
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carson, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-3376905
Organization Overview
Polk Institute Foundation is located in Carson, CA. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, 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. Polk Institute 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, Polk Institute Foundation generated $76.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $127.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE. TO HELP LAUNCH 1,000 SOCIAL ENTREPRENEURSHIPS BY 2032.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lawson Board Member | 1 | $0 | |
Gary Polk Chairman And CEO | 20 | $0 | |
Tim Dura Cheif Operations Officer | 30 | $0 | |
Claudine Polk Chief Of Staff | 20 | $0 | |
Michael Manahan Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,507 |
| 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 | $76,507 |
| 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 | $8,000 |
| Occupancy, rent, utilities, and maintenance | $15,240 |
| Printing, publications, postage, and shipping | $1,902 |
| Other expenses | $101,950 |
| Total expenses | $127,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,078 |
| Other assets | $0 |
| Total assets | $23,778 |
| Total liabilities | $1,973 |
| Net assets or fund balances | $21,805 |