James E Huffer And Betty J Huffer Foundation
- Assets
- $5.5m
- Revenue
- $519.4k
- Investments
- $5.2m
- Employees
- 0
- Location
- Young Harris, GA
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 45-6455246
Organization Overview
James E Huffer And Betty J Huffer Foundation is located in Young Harris, GA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. James E Huffer And Betty J Huffer 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 12/2023, James E Huffer And Betty J Huffer Foundation generated $519.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $384.3k during the year ending 12/2023. While expenses have increased by 20.0% per year over the past 9 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 2015, James E Huffer And Betty J Huffer Foundation has awarded 143 individual grants totaling $2,045,625. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Huffer President | 2 | $0 | |
Jason Huffer Treasurer | 5 | $46,220 | |
Darnell King Director | 1 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,958 |
| Dividends & Interest | $69,934 |
| Net Rental Income | $111,569 |
| Net Gain on Sale of Assets | $282,249 |
| Capital Gain Net Income | $282,249 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,980 |
| Total Revenue | $519,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,085 |
| Interest | $54 |
| Taxes | $15,370 |
| Depreciation | $44,698 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $38,850 |
| Printing and publications | $0 |
| Other expenses | $32,934 |
| Total operating and administrative expenses | $188,411 |
| Contributions, gifts, grants paid | $195,880 |
| Total expenses and disbursements | $384,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,879 |
| Savings and temporary cash investments | $242,878 |
| 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 | $3,814,410 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,969 |
| Total assets | $5,504,162 |
| Accounts payable and accrued expenses | $2,829 |
| 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 | $2,829 |
Grants Awarded
Over the last fiscal year, James E Huffer And Betty J Huffer Foundation has awarded $195,880 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CINE ATHENS PURPOSE: UNRESTRICTED | $4,940 |
ATHENS FILM ARTS INSTITUTE PURPOSE: UNRESTRICTED | $20,000 |
ATHENS HOMELESS SHELTER PURPOSE: UNRESTRICTED | $30,000 |
PROJECT HEAL HELP TO EAT ACCEPT & LIVE PURPOSE: UNRESTRICTED | $10,000 |
ATHENS INSTITUTE FOR CONTEMPORARY ART PURPOSE: UNRESTRICTED | $19,940 |
BIG BROTHERS BIG SISTERS PURPOSE: UNRESTRICTED | $2,000 |