Tracy Family Foundation
- Assets
- $19.8m
- Revenue
- $10.2m
- Investments
- $8.9m
- Employees
- 0
- Location
- Mt Sterling, IL
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 36-4163760
Organization Overview
Tracy Family Foundation is located in Mt Sterling, IL. The organization was established in 1997. 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. Tracy 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 12/2022, Tracy Family Foundation generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $7.7m during the year ending 12/2022. While expenses have increased by 5.9% 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 |
|---|---|---|---|
Jean Buckley President | 33 | $0 | |
Susan Stamerjohn Vice Preside | 1.5 | $6,000 | |
Ben Tracy Secretary | 1.5 | $4,800 | |
Kristin Tracy Treasurer | 1.5 | $5,700 | |
Linda Tracy Director | 1 | $6,000 | |
Mark Yingling Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,746,107 |
| Interest on Savings | $0 |
| Dividends & Interest | $265,167 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,628 |
| Capital Gain Net Income | $121,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $2,482,256 |
| Profit on Inventory Sales | $0 |
| Other Income | $76,097 |
| Total Revenue | $10,208,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,880 |
| Depreciation | $0 |
| Occupancy | $4,500 |
| Travel, conferences, and meetings | $13,643 |
| Printing and publications | $8,901 |
| Other expenses | $88,969 |
| Total operating and administrative expenses | $232,285 |
| Contributions, gifts, grants paid | $7,473,474 |
| Total expenses and disbursements | $7,705,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,131,403 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $9,746,107 |
| 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 | $29,058 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $479,734 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,769,017 |
| Accounts payable and accrued expenses | $7,971 |
| Grants payable | $757,961 |
| 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 | $765,932 |