Weisell Baber Foundation Inc
- Assets
- $813.9k
- Revenue
- $23.1k
- Investments
- $544.0
- Employees
- 0
- Location
- Peru, IN
- Founding
- 06/1966
- Data as of
- 12/2022
- EIN
- 35-6024561
Organization Overview
Weisell Baber Foundation Inc is located in Peru, IN. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Weisell Baber 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 12/2022, Weisell Baber Foundation Inc generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.0%) each year. All expenses for the organization totaled $101.2k during the year ending 12/2022. 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 |
|---|---|---|---|
Ruth Bowland Secretary | 0 | $21,500 | |
Eric R Baber Manager | 0 | $47,100 | |
Ronald L Bowland Director | 0 | $1,500 | |
Penny S Baber Director | 0 | $1,500 | |
Erik M Baber Director | 0 | $1,500 | |
Barbara R Mckamey Director | 0 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,807 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $18,277 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,918 |
| Total Revenue | $23,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $74,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,068 |
| Depreciation | $1,757 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,808 |
| Total operating and administrative expenses | $99,662 |
| Contributions, gifts, grants paid | $1,500 |
| Total expenses and disbursements | $101,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,775 |
| 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 | $791,329 |
| 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 | $17,275 |
| Other assets | $0 |
| Total assets | $813,923 |
| 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, Weisell Baber Foundation Inc has awarded $7,248 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ANNA WEEKS PURPOSE: STUDENT LOAN | $1,500 |
MIAMI COUNTY YMCA PURPOSE: DONATION | $1,248 |
MADELINE ZVERS PURPOSE: STUDENT LOAN | $3,000 |
MYA LANCASTER PURPOSE: STUDENT LOAN | $1,500 |