Sara Roby Foundation
- Assets
- $54.1k
- Revenue
- $691.0
- Investments
- $52.3k
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 10/1957
- Data as of
- 12/2022
- EIN
- 13-6020675
Organization Overview
Sara Roby Foundation is located in Phoenix, AZ. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sara Roby 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 12/2022, Sara Roby Foundation generated $691.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATLANTA CLASSIC ACADEMY - TO SUPPORT THE ART PROGRAM AT THE NON-PROFIT SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Roby III President | 0.5 | $0 | |
Tracy Roby Vice President | 0.5 | $0 | |
Virginia Mecklenburg Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $239 |
| Total operating and administrative expenses | $1,389 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $1,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,786 |
| 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 | $54,062 |
| Accounts payable and accrued expenses | $340 |
| 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 | $340 |
Grants Awarded
Over the last fiscal year, Sara Roby Foundation has awarded $11,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN PRESCHOOL PURPOSE: TO SUPPORT THE ART PROGRAM AT THE NON-PROFIT SCHOOL. | $500 |
SMITHSONIAN AMERICAN ART MUSEUM EXHIBITION FUND PURPOSE: TO HELP FUND THE DAILY OPERATIONS OF THE AMERICAN ART MUSEUM. | $4,000 |
THE FRICK COLLECTION PURPOSE: TO HELP FUND THE DAILY OPERATIONS OF THE AMERICAN ART MUSEUM. | $6,000 |
ATLANTA CLASSIC ACADEMY PURPOSE: TO SUPPORT THE ART PROGRAM AT THE NON-PROFIT SCHOOL. | $500 |