Saretha Hommel Foundation
- Assets
- $18.0
- Revenue
- $270.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jennings, LA
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 20-4308972
Organization Overview
Saretha Hommel Foundation is located in Jennings, LA. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Saretha Hommel 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 12/2021, Saretha Hommel Foundation generated $270.0 in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $260.0 during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING READING AND OTHER EDUCATION MATERIALS TO THE JEFF DAVIS PARISH LIBRARY SUMMER READING PROGRAM.
SPONSORSHIP FOR THE CHAMPION ANGUS HEIFER BUCKLE IN THE JEFF DAVIS JUNIOR LIVESTOCK SHOW, AWARDING YOUTH FOR ACHIEVEMENT IN THE 4-H PROGRAM.
SPONSORSHIP TO THE JEFF DAVIS LIVESTOCK FOUNDATION FOR THE JEFF DAVIS PARISH LIVESTOCK ANGUS AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Eaves Vice President | 0 | $0 | |
Gerhard Hommel President | 0 | $0 | |
Randy Stelly Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $260 |
| Interest on Savings | $10 |
| 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 | $270 |
| 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 | $10 |
| Total operating and administrative expenses | $260 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18 |
| Savings and temporary cash investments | $0 |
| 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 |
| 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 |
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|---|---|---|
Hirsch Family Foundation Dallas, TX | $52,981,348 | $34,969,949 |
Entergy Charitable Foundation New Orleans, LA | $10,718,766 | $2,697,786 |
Smith Family Foundation Austin, TX | $2,063,167 | $8,401,265 |
Nancy Smith Hurd Foundation Tr San Antonio, TX | $73,883,656 | $7,181,888 |
Santander Consumer Usa Inc Foundation Dallas, TX | $61,196,374 | $60,000,000 |
Hal & Charlie Peterson Foundation Kerrville, TX | $63,600,144 | $3,895,944 |
Boone Family Foundation Dallas, TX | $0 | $1,805,045 |
William A Brookshire Foundation Lakeway, TX | $44,188,133 | $14,237,408 |
Musk Foundation Austin, TX | $0 | $61,287,799 |
Halliburton Charitable Foundation Houston, TX | $1,083,936 | $2,046,490 |
James N Mccoy Foundation Wichita Falls, TX | $56,095,305 | $17,400,606 |
Mr And Mrs Nelson Rusche Foundation Willis, TX | $41,573,800 | $10,156,136 |