Rev John P Smyth Standing Tall Charitable Foundation
- Assets
- $4.7m
- Revenue
- $309.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Park Ridge, IL
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 32-0156071
Organization Overview
Rev John P Smyth Standing Tall Charitable Foundation is located in Park Ridge, IL. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Rev John P Smyth Standing Tall Charitable Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rev John P Smyth Standing Tall Charitable 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, Rev John P Smyth Standing Tall Charitable Foundation generated $309.2k 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 (12.5%) each year. All expenses for the organization totaled $368.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS FORMED TO PROVIDE SCHOLARSHIPS FOR UNDERPRIVILEGED CHILDREN AND EDUCATIONAL INSTITUTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SCHOLARSHIPS TO UNDERPRIVILEGED CHILDREN
CONTRIBUTIONS TO EDUCATIONAL INSTITUTIONS
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 |
|---|---|---|---|
Mary M Vitulli Executive Dir. | OfficerTrustee | 2 | $54,833 |
Sharon Altier Vice President | OfficerTrustee | 2 | $0 |
Frank Difranco President | OfficerTrustee | 5 | $0 |
Heidi Lawton Treasurer | Trustee | 2 | $0 |
Thomas Mcguire Director | Trustee | 2 | $0 |
Jim Nelson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,796 |
| Total Program Service Revenue | $0 |
| Investment income | $78,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $99,403 |
| Net Income from Fundraising Events | $71,793 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $309,163 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $138,967 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,833 |
| Compensation of current officers, directors, key employees. | $54,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,283 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,347 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10 |
| Fees for services: Accounting | $1,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,714 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,868 |
| Information technology | $10,081 |
| Royalties | $0 |
| Occupancy | $8,456 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $347 |
| Interest | $14,256 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,550 |
| Insurance | $5,584 |
| All other expenses | $3,776 |
| Total functional expenses | $367,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $446,734 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $689,431 |
| Investments—publicly traded securities | $3,594,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,730,218 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $306,815 |
| Total liabilities | $306,815 |
| Net assets without donor restrictions | $4,423,403 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,730,218 |