| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 2,325 | 0 | 0 | 2,325 |
| Person Name | Explanation |
|---|---|
| Ken Grossinger | During 2023, Ken Grossinger was compensated $26,770 in his capacity as Chief Operating Officer(COO) of the Foundation. Payment for such services is reasonable and necessary to carry out the exempt purposes of the Foundation, as they are in this case, are excluded from the self dealing rules under Reg. 53.4941(d)-3(c). |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Fees | 50 | 50 | ||
| Bookkeeping/Financial Consultant | 5,103 | 3,068 | ||
| Computer Expense | 64 | 111 | ||
| Dues & Memberships | 815 | 815 | ||
| Filing Fees | 80 | 80 | ||
| Insurance | 750 | 750 | ||
| Mail & Delivery | 1,077 | 1,077 | ||
| Office Supplies | 196 | 196 | ||
| Payroll Fees | 42 | 42 | ||
| Telephone & Communications | 3,515 | 3,508 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Inc | 678 | 678 |