Tim And Starleen Wood Foundation
- Assets
- $406.6k
- Revenue
- $8.1k
- Investments
- $128.3k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1945588
Organization Overview
Tim And Starleen Wood Foundation is located in Salt Lake City, UT. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tim And Starleen Wood 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, Tim And Starleen Wood Foundation generated $8.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $72.6k during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 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.
Since 2016, Tim And Starleen Wood Foundation has awarded 147 individual grants totaling $323,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Wood Trustee | 1 | $0 | |
Starleen Wood Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $133 |
| Dividends & Interest | $7,989 |
| 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 | $8,122 |
| 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 | $236 |
| Total operating and administrative expenses | $626 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $72,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,746 |
| Savings and temporary cash investments | $247,561 |
| 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 | $406,570 |
| 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, Tim And Starleen Wood Foundation has awarded $72,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
USANA KIDS EAT PURPOSE: CHARITY | $20,000 |
New York, NY PURPOSE: CHARITY | $5,000 |
UTAH OPEN LANDS PURPOSE: CHARITY | $5,000 |
Ashton, ID PURPOSE: CHARITY | $5,000 |
YALE ENVIRONMENT SCHOOL AF PURPOSE: CHARITY | $2,500 |
Arlington, VA PURPOSE: CHARITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Andre Agassi Foundation For Education Las Vegas, NV | $0 | $4,556,669 |
Joy To The World Foundation Colorado Springs, CO | $19,682,188 | $4,242,361 |
Southeastern Arizona Community Action Program Inc Safford, AZ | $455,386 | $2,811,093 |
Another Round Another Rally Phoenix, AZ | $1,059,733 | $1,710,638 |
Phoenix Suns Charities Inc Phoenix, AZ | $1,755,436 | $2,395,370 |
Vivint Gives Back Provo, UT | $1,105,796 | $2,149,372 |
Early Milestones Colorado Denver, CO | $1,699,059 | $1,648,008 |
Saguache County Community Council Center, CO | $3,125,194 | $1,411,274 |
Not For Sale Fund Las Vegas, NV | $3,527,529 | $1,101,549 |
Friends Of Casa Hogar Reno, NV | $1,071,009 | $1,669,785 |
Lubirds Light Foundation Denver, CO | $140,980 | $761,763 |
Usbg National Charity Foundation Henderson, NV | $905,536 | $708,898 |