Robin Hood World Foundation
- Assets
- $393.0k
- Revenue
- $43.0k
- Investments
- $347.0k
- Employees
- 0
- Location
- Ada, MI
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-2790449
Organization Overview
Robin Hood World Foundation is located in Ada, MI. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Robin Hood World 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, Robin Hood World Foundation generated $43.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $36.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robin Hood World Foundation has awarded 13 individual grants totaling $157,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES PAID TO LOCATE COMPANIES WITH EXTRA INVENTORY, OFFER TO RETRIEVE INVENTORY AND GIVE TO MATTHEW 25 MINISTRIES FOR DISTRIBUTION FOR DISASTER AND HUMANITARIAN RELIEF AS WELL AS CASH DONATIONS. TAX PREPARATION COSTS AND OPERATING EXPENSES OF CHARITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Scott President | 1 | $0 | |
Sandra Scott Secretary | 1 | $0 | |
Nathan Scott Director | 1 | $0 | |
Sara Scott Kelbel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,649 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,600 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,962 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $310 |
| Total operating and administrative expenses | $4,159 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $36,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,192 |
| Savings and temporary cash investments | $8,843 |
| 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 | $393,019 |
| 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, Robin Hood World Foundation has awarded $32,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MATTHEW 25 MINISTRIES PURPOSE: DISASTER AID AND HUMANITARIAN RELIEF | $30,000 |
WORLD VISION FOUNDATION PURPOSE: DISASTER AID AND HUMANITARIAN RELIER | $1,000 |
PRAYING PELICAN MISSIONS PURPOSE: DISASTER AID AND HUMANITARIAN RELIEF | $1,000 |