Delong-Sweet Family Foundation
- Assets
- $8.1m
- Revenue
- $873.2k
- Investments
- $7.9m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 08/1998
- Data as of
- 05/2022
- EIN
- 31-1605979
Organization Overview
Delong-Sweet Family Foundation is located in Detroit, MI. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delong-Sweet Family 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 05/2022, Delong-Sweet Family Foundation generated $873.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $637.5k during the year ending 05/2022. While expenses have increased by 2.3% 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.
Since 2016, Delong-Sweet Family Foundation has awarded 78 individual grants totaling $1,582,600. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Ingalls Trustee | 2 | $24,000 | |
James Wycliffe Delong Trustee | 2 | $24,000 | |
J Wycliffe Delong Trustee | 2 | $24,000 | |
Peggy Ingalls Suckow Trustee | 2 | $24,000 | |
Adam Ingalls Trustee | 1 | $5,000 | |
June Ingalls Trustee | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,067 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $665,067 |
| Capital Gain Net Income | $665,067 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $68 |
| Total Revenue | $873,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $106,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,963 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,067 |
| Printing and publications | $0 |
| Other expenses | $1,800 |
| Total operating and administrative expenses | $230,851 |
| Contributions, gifts, grants paid | $406,600 |
| Total expenses and disbursements | $637,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $175,692 |
| 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 | $638,094 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,096,958 |
| 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, Delong-Sweet Family Foundation has awarded $406,600 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITIES OF COASTAL GA FOUNDATION PURPOSE: SUPPORT THE DELONG COASTAL | $70,000 |
St Simons Island, GA PURPOSE: DAILY OPERATING SUPPORT | $60,600 |
Brunswick, GA PURPOSE: SUPPORT OF DAILY OPERATIONS | $50,000 |
Calistoga, CA PURPOSE: DAILY OPERATING SUPPORT | $50,000 |
Saint Helena, CA PURPOSE: DAILY OPERATING SUPPORT | $40,000 |
Napa, CA PURPOSE: FOR PURPOSES OF DAILY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bronson South Haven Hospital Kalamazoo, MI | $45,465,190 | $38,417,378 |
Dave Thomas Foundation For Adoption Dublin, OH | $82,316,858 | $45,774,004 |
Wellpoint Care Network Inc Milwaukee, WI | $8,696,347 | $28,630,570 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |
Marshall-Starke Development Center Inc Plymouth, IN | $2,688,412 | $6,830,962 |
North Oakland Residential Services Inc Oxford, MI | $2,525,841 | $6,535,346 |
Greater Cleveland Sports Commission Cleveland, OH | $9,405,346 | $6,945,850 |