The Lamelas Foundation Inc
- Assets
- $102.7k
- Revenue
- $102.3k
- Investments
- $100.3k
- Employees
- 0
- Location
- North Palm Beach, FL
- Founding
- Data as of
- 12/2021
- EIN
- 86-1267341
Organization Overview
The Lamelas Foundation Inc is located in North Palm Beach, FL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lamelas 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 12/2021, Lamelas Foundation Inc generated $102.3k 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 (46.0%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Lamelas Director, Vp, Treasurer | 0.5 | $0 | |
Stephanie Lamelas Director, President | 0.5 | $0 | |
Joseph Lamelas Director, Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,253 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,020 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $123,661 |
| Net ST Capital Gain | $123,661 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $102,273 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,683 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $141,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,468 |
| 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 | $0 |
| Total assets | $102,719 |
| 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 |
Grants Awarded
Over the last fiscal year, The Lamelas Foundation Inc has awarded $135,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: CHARITABLE | $100,000 |
Phoenix, AZ PURPOSE: CHARITABLE | $25,000 |
HELPING A HERO PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
Aspire Health Partners Inc Orlando, FL | $88,783,924 | $102,481,660 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Four County Electric Membership Corp Burgaw, NC | $229,795,069 | $103,654,934 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Health Services Of Central Georgia Inc Macon, GA | $8,366,432 | $97,526,372 |
Young Mens Christian Association Of Metropolitan Atlanta Inc Atlanta, GA | $319,280,484 | $102,392,694 |
Central Electric Power Association Carthage, MS | $142,416,370 | $101,127,410 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |