Louis Franklin Smith Foundation Inc
- Assets
- $103.0
- Revenue
- $8.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Mirage, CA
- Founding
- Data as of
- 12/2018
- EIN
- 26-3178519
Organization Overview
Louis Franklin Smith Foundation Inc is located in Rancho Mirage, CA.
For the year ending 12/2018, Louis Franklin Smith Foundation Inc generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $81.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (19.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis F Smith President/director/treasurer | 0 | $0 | |
Robert Smoot Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,593 |
| Capital Gain Net Income | $7,593 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $641 |
| Total operating and administrative expenses | $4,842 |
| Contributions, gifts, grants paid | $76,194 |
| Total expenses and disbursements | $81,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103 |
| 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 | $103 |
| 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, Louis Franklin Smith Foundation Inc has awarded $76,194 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOLOCAUST MEMORIAL MUSEUM PURPOSE: TO SUPPORT THE ORGANIZATION'S OPERATIONS | $64,194 |
Palm Springs, CA PURPOSE: TO SUPPORT THE ORGANIZATION'S OPERATIONS | $10,000 |
Rancho Mirage, CA PURPOSE: TO SUPPORT THE ORGANIZATION'S OPERATIONS | $2,000 |
Peer Organizations
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|---|---|---|
Yosef Simsoly & Alisa Simsolo Foundation Beverly Hills, CA | $0 | $10,000,000 |
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Peking University Education Foundation Usa San Mateo, CA | $72,899,671 | $11,690,196 |
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Core Butte Inc Chico, CA | $17,281,706 | $11,922,132 |
National Alliance Of Nonprofits For Insurance Inc Santa Cruz, CA | $32,076,337 | $12,075,164 |
The Arc Fresno Madera Counties Fresno, CA | $16,570,782 | $10,992,536 |
Pacific Autism Center Of Education Santa Clara, CA | $21,935,291 | $13,847,964 |
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