Richard J And Mary Lou Mathiowetz Foundation
- Assets
- $517.2k
- Revenue
- $12.3k
- Investments
- $169.6k
- Employees
- 0
- Location
- Sleepy Eye, MN
- Founding
- 04/1995
- Data as of
- 06/2023
- EIN
- 41-1766191
Organization Overview
Richard J And Mary Lou Mathiowetz Foundation is located in Sleepy Eye, MN. The organization was established in 1995. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard J And Mary Lou Mathiowetz 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 06/2023, Richard J And Mary Lou Mathiowetz Foundation generated $12.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $24.4k during the year ending 06/2023. 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 |
|---|---|---|---|
Mary Lou Mathiowetz President | 1 | $0 | |
Glen Mathiowetz Vice President | 1 | $0 | |
Suzann Hendricks Secretary / Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,906 |
| Capital Gain Net Income | $7,906 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,439 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $24,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,130 |
| 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 | $346,465 |
| Total assets | $517,196 |
| 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, Richard J And Mary Lou Mathiowetz Foundation has awarded $23,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COMFREY HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $1,000 |
DIOCESE OF NEW ULM PURPOSE: GENERAL SUPPORT | $10,000 |
SPRINGFIELD PUBLIC HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $4,000 |
ST MARY'S SCHOOL PURPOSE: SCHOLARSHIPS | $4,000 |
SLEEPY EYE PUBLIC SCHOOL PURPOSE: SCHOLARSHIPS | $4,000 |