Linda & Barry Allen Foundation Inc
- Assets
- $423.1k
- Revenue
- $50.7k
- Investments
- $389.2k
- Employees
- 0
- Location
- Boca Grande, FL
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 26-0463438
Organization Overview
Linda & Barry Allen Foundation Inc is located in Boca Grande, FL. The organization was established in 2007. 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. Linda & Barry Allen Foundation Inc 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, Linda & Barry Allen Foundation Inc generated $50.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $118.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Linda & Barry Allen Foundation Inc has awarded 180 individual grants totaling $556,195. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry K Allen President | 1 | $0 | |
Linda P Allen Vp, Secretary | 1 | $0 | |
David P Allen Director | 1 | $0 | |
Stacy A Isaacson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $21 |
| Dividends & Interest | $15,535 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,345 |
| Capital Gain Net Income | $6,345 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,804 |
| Total Revenue | $50,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,360 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $8,350 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $118,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,898 |
| 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 | $28,433 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $423,123 |
| 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, Linda & Barry Allen Foundation Inc has awarded $110,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENTERPRISE INSTITUTE PURPOSE: OPERATIONS | $1,000 |
BOCA GRANDE ART CENTER PURPOSE: OPERATIONS | $500 |
BOCA GRANDE DISASTER FUND PURPOSE: OPERATIONS | $5,000 |
BOCA GRANDE WOMEN'S CLUB PURPOSE: OPERATIONS | $5,000 |
BOYS & GIRLS CLUB OF CHARLOTTE PURPOSE: OPERATIONS | $5,000 |
CAUSE FOUNDATION PURPOSE: OPERATIONS | $25,000 |