Ted Hendricks Foundation
- Assets
- $151.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 26-3563758
Organization Overview
Ted Hendricks Foundation is located in Arlington Heights, IL. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ted Hendricks 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, Ted Hendricks Foundation generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS AND GIFTS RAISED THROUGH WEBSITE AND EVENTS.GRANTS OF $5,528 PAID TO SEVERAL CHARITIES THAT SERVE THOSEAT RISK. CORPORATE SPONSORSHIP GOAL MET WITH $35,000 DONATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Hendricks President | 5 | $0 | |
Linda Babl Secretary | 10 | $0 | |
Leah Mueller Director | 2 | $0 | |
Joseph Healy Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,640 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,640 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,175 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $536 |
| Other expenses | $22,844 |
| Total expenses | $36,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,491 |
| Other assets | $0 |
| Total assets | $151,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,629 |