Shockley Foundtion
- Assets
- $70.8k
- Revenue
- $3.9k
- Investments
- $69.0k
- Employees
- 0
- Location
- Ormond Beach, FL
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 39-6764154
Organization Overview
Shockley Foundtion is located in Ormond Beach, FL. The organization was established in 2002. 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. Shockley Foundtion 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, Shockley Foundtion generated $3.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $30.3k 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 |
|---|---|---|---|
Terry K Shockley Trustee | 1 | $0 | |
Sandra K Shockley Trustee | 1 | $0 | |
Toni K Peterson Trustee | 0 | $0 | |
Todd L Shockley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,004 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,912 |
| Capital Gain Net Income | $1,912 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,113 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,565 |
| Contributions, gifts, grants paid | $24,750 |
| Total expenses and disbursements | $30,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,779 |
| 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 | $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 | $70,784 |
| 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, Shockley Foundtion has awarded $24,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTANA COLLEGE PURPOSE: GENERAL OPERATING EXPENSES | $20,000 |
WISCONSIN REGIONAL TRAINING CENTER PURPOSE: GENERAL OPERATION EXPENSES | $1,000 |
NATIONAL WRESTLING HALL OF FAME PURPOSE: GENERAL OPERATING EXPENSES | $1,250 |
ROCK ISLAND MILAN EDUCATION FOUNDATION PURPOSE: GENERAL OPERATING EXPENSES | $500 |
WISCONSIN BROADCASTERS ASSOCIATION FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES | $2,000 |