High 5ive The Drew Stanton Foundation Inc
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 26-2751250
Organization Overview
High 5ive The Drew Stanton Foundation Inc is located in Dearborn, MI. The organization was established in 2010. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High 5ive The Drew Stanton 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 12/2021, High 5ive The Drew Stanton Foundation Inc generated $57.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $37.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ON JUNE 12, 2021, DREW STANTON HOSTED AN ANNUAL SPORT CELEBRITIES DINNER AND GOLF OUTING ON BEHALF OF THE FOUNDATION. THIS EVENT RAISED AWARENESS OF CHILDREN'S DISABILITIES AND RAISED FUNDS FOR THE SPARROW FOUNDATION/CHILDREN'S MIRACLE NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Doverspike Executive Director | 10 | $8,650 | |
Kristin Stanton Director | 1 | $0 | |
Gaylord Stanton Director | 2 | $0 | |
Drew Stanton Founder | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,827 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,196 |
| Other Revenue | $0 |
| Total Revenue | $57,023 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,650 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,131 |
| Total expenses | $37,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,274 |
| Other assets | $0 |
| Total assets | $24,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,274 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that High 5ive The Drew Stanton Foundation Inc has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
Eagles For Children Incorporated Novi, MI PURPOSE: IMPROVE THE QUALITY OF LIFE FOR ALL PEOPLE WITH VARYING DISABILITIES THROUGH RAISING PUBLIC AWARENESS | $8,500 |
Peer Organizations
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|---|---|---|
Indianapolis Parks Foundation Inc Indianapolis, IN | $2,785,719 | $1,402,836 |
Fc Cincinnati Foundation Cincinnati, OH | $616,697 | $1,507,019 |
Friends Of Grand Rapids Parks Grand Rapids, MI | $252,264 | $780,095 |
Ann Arbor Skyline Athletic Booster Club Ann Arbor, MI | $542,381 | $627,031 |
Fishel Foundation Columbus, OH | $9,785,934 | $2,522,973 |
Game Of Your Life Foundation Coldwater, MI | $227,576 | $487,053 |
Cope Environmental Center Inc Centerville, IN | $2,793,518 | $403,692 |
Gu Shamrock Booster Club Inc Indianapolis, IN | $9,349 | $265,154 |
Central Catholic Athletic Boosters Sandusky, OH | $403,242 | $0 |
Indianapolis Indians Community Fund Inc Indianapolis, IN | $232,969 | $319,877 |
All-American Horse Charities Inc Alexandria, IN | $24,256 | $210,911 |
All-Ohio Basketball Program Inc Pickerington, OH | $5,241 | $205,045 |