The Milo Foundation
- Assets
- $18.1k
- Revenue
- $5.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bountiful, UT
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 20-4175388
Organization Overview
The Milo Foundation is located in Bountiful, UT. The organization was established in 2006. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Milo 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 12/2023, Milo Foundation generated $5.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $5.0k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Hess President | 0 | $0 | |
Carol Hess Sec / Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| 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 | $5,002 |
| 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 | $24 |
| Total operating and administrative expenses | $659 |
| Contributions, gifts, grants paid | $4,310 |
| Total expenses and disbursements | $4,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,110 |
| Savings and temporary cash investments | $15,001 |
| 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 | $18,111 |
| 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 Milo Foundation has awarded $4,310 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
MITCHELL HUGHES PURPOSE: CHARITABLE | $115 |
CHAD ALEX FELIPE PURPOSE: CHARITABLE | $230 |
AEM PURPOSE: CHARITABLE | $250 |
MICHAEL GUNN PURPOSE: CHARITABLE | $115 |
COLEL CHABAD PURPOSE: CHARITABLE | $400 |
DANA NELSEN PURPOSE: CHARITABLE | $400 |