Handel Foundation Inc is located in Boardman, OH. The organization was established in 2012. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Handel Foundation Inc 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 12/2023, Handel Foundation Inc generated $1.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $9.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE FOR EDUCATION AND TO CHILDREN AND YOUNG ADULTS WITH DISABILITIES OR ORGANIZATIONS WITH THE SAME GOALS. IN 2023, 8 ORGANIZATIONS RECEIVED FUNDS TO ASSIST WITH PROGRAMS THAT MEET THE ABOVE CRITERIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Handel Director | 0 | $0 | |
Adrienne Handel Director | 0 | $0 | |
David Handel Jr Director | 0 | $0 | |
Jennifer Handel Director | 0 | $0 | |
Celeste Lisko Director | 0 | $0 | |
Michael Morley Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $563 |
Interest on Savings | $1,188 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,751 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $50 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $1,110 |
Contributions, gifts, grants paid | $8,517 |
Total expenses and disbursements | $9,627 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,868 |
Savings and temporary cash investments | $792 |
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 | $51,660 |
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 |
Over the last fiscal year, Handel Foundation Inc has awarded $8,517 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
BOARDMAN HS HOPE CLUB PURPOSE: SPECIAL NEEDS | $370 |
HOSPICE OF THE VALLEY PURPOSE: EDUCATION | $500 |
CARDINAL MOONEY HIGH SCHOOL PURPOSE: EDUCATION | $100 |
EJ DEBARTOLO MEMORIAL SCHOLARSHIP PURPOSE: EDUCATION | $1,000 |
SHRINERS HOSPITALS PURPOSE: EDUCATION | $250 |
GOLDEN STRING INC PURPOSE: SPECIAL NEEDS | $470 |