Templeton Wellness Foundation Inc
- Assets
- $244.3k
- Revenue
- $166.0k
- Investments
- $202.6k
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 05/2006
- Data as of
- 11/2023
- EIN
- 33-1107150
Organization Overview
Templeton Wellness Foundation Inc is located in Ridgewood, NJ. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Templeton Wellness Foundation Inc 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 11/2023, Templeton Wellness Foundation Inc generated $166.0k in total revenue. All expenses for the organization totaled $107.3k during the year ending 11/2023. While expenses have increased by 3.3% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Templeton Pres/director | 1 | $0 | |
Lonnie Wollin Secy/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,540 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $146,012 |
| Capital Gain Net Income | $146,012 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $166,008 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $925 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $610 |
| Printing and publications | $0 |
| Other expenses | $91,288 |
| Total operating and administrative expenses | $97,336 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $107,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,898 |
| Savings and temporary cash investments | $35,740 |
| 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 | $244,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Templeton Wellness Foundation Inc has awarded $24,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER CONTROL SOCIETY PURPOSE: EDUCATIONAL | $12,000 |
HEALING STRONG PURPOSE: EDUCATIONAL | $12,000 |