Silas Kyle Sims Foundation
- Assets
- $57.4k
- Revenue
- $4.0k
- Investments
- $27.7k
- Employees
- 0
- Location
- Charleston, IL
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 37-1406729
Organization Overview
Silas Kyle Sims Foundation is located in Charleston, IL. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Silas Kyle Sims 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, Silas Kyle Sims Foundation generated $4.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $2.8k during the year ending 12/2022. While expenses have increased by 7.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Myers Director | 0 | $0 | |
Judy Michael Treasurer | 0 | $0 | |
Josh Haskins Trustee | 0 | $0 | |
Chris Sims Director | 0 | $0 | |
Kyle Wilson Vice President | 0 | $0 | |
Jesse Hasken Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,591 |
| Interest on Savings | $349 |
| Dividends & Interest | $1,105 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,033 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $84 |
| Other expenses | $25 |
| Total operating and administrative expenses | $829 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,217 |
| Savings and temporary cash investments | $27,491 |
| 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 | $57,422 |
| 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, Silas Kyle Sims Foundation has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN ILLINOIS UNIVERSITY PURPOSE: ACADEMIC SCHOLARSHIP FOR ASHTON FIFIELD | $1,000 |
MIAMI OF OHIO PURPOSE: ACADEMIC SCHOLARSHIP FOR ELIZABETH SIMS | $1,000 |