Frank S And Betty G Hodge Foundation Inc is located in Hutchinson, KS. The organization was established in 1992. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. Frank S And Betty G Hodge 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 12/2021, Frank S And Betty G Hodge Foundation Inc generated $142.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 53.0% each year . All expenses for the organization totaled $5.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENDOWING A PROFESSORIAL CHAIR IN THE COMMUNICATIONS DEPARTMENT OF STERLING COLLEGE, STERLING, KS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS OPERATED AS A SUPPORTING ORGANIZATION UNDER CODE SECTION 509(A)(3) OF STERLING COLLEGE IN STERLING, KS BY ENDOWING A PROFESSORIAL CHAIR IN THE COLLEGE'S COMMUNICATIONS DEPT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Rich President | OfficerTrustee | 1 | $0 |
Matt Jaeger Secretary | OfficerTrustee | 1 | $0 |
Michelle Hall Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $10,644 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $132,128 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $142,772 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,606 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $595 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $5,536 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $196 |
Savings and temporary cash investments | $27,237 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $462,953 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $490,386 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $300,000 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $190,386 |
Total liabilities and net assets/fund balances | $490,386 |
Organization Name | Assets | Revenue |
---|---|---|
Donnelly College Kansas City, KS | $34,086,327 | $8,989,626 |
Barclay College Association Inc Haviland, KS | $19,652,665 | $8,959,124 |
Fort Lewis College Foundation Durango, CO | $38,090,331 | $11,431,239 |
Central Christian College Of The Bible Moberly, MO | $12,273,355 | $9,994,557 |
Metropolitan State University Of Denver Foundation Inc Denver, CO | $39,509,608 | $8,404,522 |
Wayne State Foundation Wayne, NE | $38,404,095 | $5,612,545 |
Missouri Southern Foundation Joplin, MO | $43,351,164 | $5,846,272 |
Catholic University Of Oklahoma Edmond, OK | $0 | $1,777,775 |
St Louis Christian College Florissant, MO | $2,109,496 | $2,582,761 |
Manhattan Christian College Inc Manhattan, KS | $16,291,329 | $4,990,327 |
Community College Of Aurora Foundation Aurora, CO | $5,714,923 | $2,529,091 |
Western Nebraska Community College Foundation Scottsbluff, NE | $7,287,032 | $1,426,372 |