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Kgnb-Knbt Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421586900 ✦ New braunfels, TX ✦ Designated as a 501(c)(3)

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Overview

What is Kgnb-Knbt Foundation Inc?

Kgnb-Knbt Foundation Inc is a nonprofit organization committed to enhancing opportunities for youth, families, and communities. They achieve this mission by hosting the annual Americana Jam event at Gruene Hall in New Braunfels. The proceeds from this event are directly donated to support the local community. Despite the challenges posed by the Covid-19 pandemic, the Americana Jam was unfortunately cancelled in 2020. The foundation's goal is to provide a brighter future for its community members.

Is Kgnb-Knbt Foundation Inc legitimate?

Kgnb-Knbt Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kgnb-Knbt Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Kgnb-Knbt Foundation Inc?

The Kgnb-Knbt Foundation's mission is centered around providing opportunities for a brighter future to youth, families, and communities. They accomplish this by organizing the annual Americana Jam event, with the proceeds directly benefiting the local community. Due to the pandemic, the Americana Jam was unfortunately canceled in 2020. In essence, their mission is to contribute positively to the community's well-being and development through their annual event and its funds.

Who is the CEO of Kgnb-Knbt Foundation Inc?

Joel Mattson Rainer is the President of Kgnb-Knbt Foundation Inc.

What is the revenue of Kgnb-Knbt Foundation Inc?

Kgnb-Knbt Foundation Inc's revenue in 2022 was $87,762.

Who are the executives of Kgnb-Knbt Foundation Inc and what are their salaries?


There is 1 key member and their salary:


Joel Mattson Rainer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Kgnb-Knbt Foundation Inc?

Kgnb-Knbt Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Kgnb-Knbt Foundation Inc

Kgnb-Knbt Foundation Inc is dedicated to creating opportunities for a better future for youth, families, and communities. They accomplish this mission by hosting the annual Americana Jam event at Gruene Hall in New Braunfels. The proceeds from this event are directly channeled towards supporting the local community. Regrettably, due to the impact of Covid-19, the Americana Jam was unfortunately cancelled in 2020. This foundation's efforts epitomize a commitment to uplift and empower the communities they serve, providing them with the resources necessary for a brighter future.

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Impact




October, 2024

Kgnb-Knbt Foundation Inc significantly impacts youth, families, and communities by creating opportunities that foster a brighter future. One of its key initiatives, the annual Americana Jam held at Gruene Hall in New Braunfels, serves as a pivotal fundraising event. The proceeds from this event are directly channeled back into the local community, supporting various programs and initiatives that benefit residents. By focusing on arts and community engagement, the foundation cultivates a cultural environment that enriches lives and promotes unity. Despite the setback of the 2020 cancellation due to Covid-19, the foundation's commitment to its mission continues to resonate within the community, emphasizing the importance of support and resilience in building a thriving environment for all.




This information is meant to be a general summary of Kgnb-Knbt Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$87,762 (2022)
Expenses
$85,526 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $87,762

Assets and Liabilities:

  • Total Assets: $2,309
  • Total Liabilities: $0
  • Net Assets: $2,309

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Organization Details

Principal Officer

Joel Mattson Rainer

Main Address

1540 LOOP 337, NEW BRAUNFELS, TX, 78130

NTEE Category

Code: A68 - Arts

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