1150 Foundation
- Assets
- $94.2k
- Revenue
- $185.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-1547070
Organization Overview
1150 Foundation is located in Las Vegas, NV. The organization was established in 2014. 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. 1150 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, 1150 Foundation generated $185.1k in total revenue. All expenses for the organization totaled $117.0k during the year ending 12/2023. While expenses have increased by 11.6% 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, 1150 Foundation has awarded 60 individual grants totaling $517,286. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND OTHER EDUCATION SUPPORT FOR FAMILY MEMBER OF HANDICAPPED PERSONS
OPERATION AND MAINTENANCE OF RESPITE HOUSE FOR FAMILY AND CAREGIVERS OF HANDICAPPED PERSONS
ASSISTANCE FOR HANDICAPPED PERSONS
ASSISTANCE FOR FAMILY MEMBERS OF HANDICAPPED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Leavitt President | 0 | $0 | |
Melody Leavitt Secretary | 0 | $0 | |
R Allen Leavitt Director | 0 | $0 | |
Carolyn Leavitt Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $184,987 |
| Interest on Savings | $152 |
| 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 | $185,139 |
| 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 | $1,466 |
| Printing and publications | $0 |
| Other expenses | $2,020 |
| Total operating and administrative expenses | $3,586 |
| Contributions, gifts, grants paid | $113,392 |
| Total expenses and disbursements | $116,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,205 |
| 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 | $94,205 |
| 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, 1150 Foundation has awarded $113,392 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BROADWAY KIDS ACADAMY PURPOSE: SCHOLARSHIPS | $9,499 |
BELLA BILLINGS PURPOSE: SCOLARSHIP | $1,000 |
CASA DE LOS BEDLAMITOS PURPOSE: RESPITE OPERATION & MAINTENANCE | $29,699 |
CAMP NO LIMITS PURPOSE: SCHOLARSHIPS | $265 |
FAMILIA CAMEJO PURPOSE: HANDICAP ASSISTANCE | $5,155 |
CHRISTIE GOUDY PURPOSE: SCHOLARSHIP | $6,700 |