J Michael Hosford Foundation Inc
- Assets
- $13.5k
- Revenue
- $631.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, GA
- Founding
- Data as of
- 12/2018
- EIN
- 26-4792729
Organization Overview
J Michael Hosford Foundation Inc is located in Gainesville, GA.
For the year ending 12/2018, J Michael Hosford Foundation Inc generated $631.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $517.0 during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (26.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISING FUNDS TO SUPPORT ORGANIZATIONS SELECTED TO ILLUSTRATE AND CONTINUE THE EFFORTS OF J. MICHAEL HOSFORD, AND TO ENHANCE THE EFFORTS AND WORK OF THESE ORGANIZATIONS.
COLLECTING ROYALTIES AND PROCEEDS FROM SALES OF A BOOK PRODUCED BY A MEMBER OF THE ORGANIZATION; FUNDS RECEIVED TO BE USED FOR DONATIONS TO SELECTED ORGANIZATIONS.
PARTICIPATING IN A WALK OR FUN ORGANIZED BY RELAY FOR LIFE, INCLUDING MEMBERS, CONTRIBUTORS AND FRIENDS, TO RAISE FUNDS DIRECTLY FOR RELAY FOR LIFE, A DONEE ORGANIZATION OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Madison Roberts Director | 3 | $0 | |
Susan S Hosford CEO | 10 | $0 | |
Rebecca H Roberts CFO | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $600 |
| Interest on Savings | $31 |
| Dividends & Interest | $0 |
| 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 | $631 |
| 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 | $76 |
| Total operating and administrative expenses | $517 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,186 |
| Savings and temporary cash investments | $10,319 |
| 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 | $13,505 |
| 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, J Michael Hosford Foundation Inc has awarded $250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GOOD NEWS CLINICS PURPOSE: FUNDS TO SUPPORT MEDICAL AND DENTAL CARE CLINIC | $100 |
CASA PURPOSE: FUNDS TO SUPPORT COURT ADVOCATES FOR NEGLECTED CHILDREN | $150 |