Hal Hempen Foundation
- Assets
- $503.0
- Revenue
- $15.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Bartelso, IL
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-1442313
Organization Overview
Hal Hempen Foundation is located in Bartelso, IL. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hal Hempen 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, Hal Hempen Foundation generated $15.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $16.8k during the year ending 12/2022. While expenses have increased by 23.0% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTION TO ILLINOIS SPECIAL OLYMPICS FOR THE BENEFIT OF SPECIAL-NEEDS INDIVIDUALS
ONE INDIVIDUAL WITH SPECIAL NEEDS ACCOMPANIED BY HIS PARENTS WENT ON A HANDICAP-ACCESSIBLE HUNT
ONE LOCAL HIGH SCHOOL SENIOR RECEIVED A SCHOLARSHIP TO GO TOWARD THEIR HIGHER EDUCATION TUITION
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 |
|---|---|---|---|
Trey Johnson Co-President | 3 | $0 | |
Traci Hempen Potter Co-President | 3 | $0 | |
Troy Johnson Co-President | 3 | $0 | |
Krista Johnson Secretary Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| 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 | $15,546 |
| Total Revenue | $15,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $84 |
| Printing and publications | $0 |
| Other expenses | $8,980 |
| Total operating and administrative expenses | $9,385 |
| Contributions, gifts, grants paid | $7,459 |
| Total expenses and disbursements | $16,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503 |
| 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 | $503 |
| 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, Hal Hempen Foundation has awarded $7,459 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OUTDOOR ABILITY FOUNDATION PURPOSE: SMALL DONATION | $25 |
ILLINOIS SPECIAL OLYMPICS PURPOSE: CONTRIBUTION TOWARD ASSISTANCE AND ACTIVITIES FOR THOSE SERVED BY IL SPECIAL OLYMPICS | $4,000 |
LEXI BOATRIGHT PURPOSE: COLLEGE SCHOLARSHIP | $500 |
JONATHAN CAVALETTO PURPOSE: HUNT ACTIVITY FOR INDIVIDUAL WITH SPECIAL NEEDS | $2,584 |
JARED BURKE FOUNDATION PURPOSE: CONTRIBUTION | $350 |