Ii Corinthians 9 7 Foundation 12021243
- Assets
- $3.8m
- Revenue
- $236.9k
- Investments
- $3.6m
- Employees
- 0
- Location
- Powell, WY
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 38-6943871
Organization Overview
Ii Corinthians 9 7 Foundation 12021243 is located in Powell, WY. The organization was established in 2011. 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. Ii Corinthians 9 7 Foundation 12021243 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, Ii Corinthians 9 7 Foundation 12021243 generated $236.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $379.6k during the year ending 12/2022. While expenses have increased by 4.1% 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.
Since 2020, Ii Corinthians 9 7 Foundation 12021243 has awarded 22 individual grants totaling $837,255. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $178,024 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,353 |
| Capital Gain Net Income | $55,353 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,502 |
| Total Revenue | $236,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,114 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $55,330 |
| Contributions, gifts, grants paid | $324,250 |
| Total expenses and disbursements | $379,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,456 |
| 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 | $3,589,468 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,789,924 |
| 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, Ii Corinthians 9 7 Foundation 12021243 has awarded $324,250 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PENNSYLVANIA FAMILY INSTITUTE PURPOSE: UNRESTRICTED GIFT | $100,000 |
WESTMINSTER THEOLOGICAL PURPOSE: UNRESTRICTED GIFT | $80,000 |
BENNETT CREEK CHURCH PURPOSE: UNRESTRICTED GIFT | $25,000 |
FORT SHILOH BOYS HOME INC PURPOSE: UNRESTRICTED GIFT | $20,000 |
CHESHIRE LAND PRESERVATION PURPOSE: UNRESTRICTED GIFT | $50,000 |
CLARK PIONEER RECREATION CENTER PURPOSE: UNRESTRICTED GIFT | $24,250 |