David Hicks Foundation
- Assets
- $382.1k
- Revenue
- $16.1k
- Investments
- $377.2k
- Employees
- 0
- Location
- Zebulon, NC
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 27-4060453
Organization Overview
David Hicks Foundation is located in Zebulon, NC. The organization was established in 2012. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. David Hicks 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, David Hicks Foundation generated $16.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $4.7k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hicks Director | 0 | $0 | |
Scott Oliver Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,162 |
| Capital Gain Net Income | $4,162 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,128 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $575 |
| Total operating and administrative expenses | $3,046 |
| Contributions, gifts, grants paid | $1,650 |
| Total expenses and disbursements | $4,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,953 |
| 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 | $382,104 |
| 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, David Hicks Foundation has awarded $1,650 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WOUNDED WARRIOR PROJECT PURPOSE: LOCAL AREA VETERANS DAY FUND DRIVE | $100 |
THE LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: LOCAL AREA DONATION DRIVE | $250 |
GRACIE BROWN PURPOSE: COLLEGE ASSISTANCE FOR LOCAL STUDENT | $500 |
THE LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: LOCAL AREA DONATION DRIVE | $100 |
MAKE A WISH EASTERN NC PURPOSE: LOCAL AREA DONATION DRIVE | $100 |
MARCUS BOWLES PURPOSE: ASSIST LOCAL FAMILY AT CHRISTMAS | $500 |