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Employer Identification Number 87-2553620

716 Foundation Inc. 716 Foundation Inc. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:716 Foundation Inc. 716 Foundation Inc.
Employer identification number (EIN):87-2553620
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROVIDE MINORITY, AT-RISK, UNDERPRIVELEGED OR SPECIAL NEEDS CHILDREN AND THEIR FAMILIES EDUCATIONAL OPPORTUNITIES AND EXPERIENCES AT WESTERN NY'S ART, CULTURAL, SCIENTIFIC, SPORTS AND ENTERTAINMENT INSTITUTIONS LOCATED WITHIN ERIE AND NIAGARA COUNTY, NEW YORK.
Number of Employees0
Number of Volunteers10
Year Formed2021

Organization Governance

Legal DomicileNY
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 125,962
Net assets / fund balances at end of fiscal yearUSD $ 85,623
Net assets / fund balances at beginning of fiscal yearUSD $ 55,456
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 85,623
Total assets at beginning of fiscal yearUSD $ 55,456
Revenues less expenses for current yearUSD $ 30,167
Revenues less expenses for previous yearUSD $ -145,037
Total expenses for current yearUSD $ 95,795
Total expenses for previous yearUSD $ 148,387
Other expenses in current yearUSD $ 20,295
Other expenses in previous yearUSD $ 29,202
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 75,500
Grants and similar amounts paid in previous yearUSD $ 119,185
Total revenue in current fiscal yearUSD $ 125,962
Total revenue in previous fiscal yearUSD $ 3,350
Contributions and grants from current yearUSD $ 125,962
Contributions and grants from previous yearUSD $ 3,350
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 100,400
Net assets / fund balances at end of fiscal yearUSD $ 200,493
Net assets / fund balances at beginning of fiscal yearUSD $ 178,971
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 200,493
Total assets at beginning of fiscal yearUSD $ 178,971
Revenues less expenses for current yearUSD $ 21,522
Revenues less expenses for previous yearUSD $ 178,971
Total expenses for current yearUSD $ 78,878
Total expenses for previous yearUSD $ 63,029
Other expenses in current yearUSD $ 15,270
Other expenses in previous yearUSD $ 3,029
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 63,608
Grants and similar amounts paid in previous yearUSD $ 60,000
Total revenue in current fiscal yearUSD $ 100,400
Total revenue in previous fiscal yearUSD $ 242,000
Contributions and grants from current yearUSD $ 100,400
Contributions and grants from previous yearUSD $ 242,000
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 242,000
Net assets / fund balances at end of fiscal yearUSD $ 178,971
Total liabilities at end of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 178,971
Revenues less expenses for current yearUSD $ 178,971
Total expenses for current yearUSD $ 63,029
Other expenses in current yearUSD $ 3,029
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 60,000
Total revenue in current fiscal yearUSD $ 242,000
Contributions and grants from current yearUSD $ 242,000

Other Company Names associated with EIN

716 FOUNDATION INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 872553620

NY
NY
USA Mailing Address
1109 DELAWARE AVENUE
BUFFALO
NY
142091660
Date first seen: 2022-11-14
Date last seen: 2025-11-07

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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