Rodricks Foundation Inc
- Assets
- $128.2k
- Revenue
- $2.7k
- Investments
- $126.6k
- Employees
- 0
- Location
- Deer Isle, ME
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 52-1876577
Organization Overview
Rodricks Foundation Inc is located in Deer Isle, ME. The organization was established in 1995. 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. Rodricks 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, Rodricks Foundation Inc generated $2.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,438 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $212 |
| Capital Gain Net Income | $212 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $151 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $712 |
| Total operating and administrative expenses | $2,307 |
| Contributions, gifts, grants paid | $7,726 |
| Total expenses and disbursements | $10,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,593 |
| 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 | $126,638 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $128,231 |
| Accounts payable and accrued expenses | $7,496 |
| 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 | $7,496 |
Grants Awarded
Over the last fiscal year, Rodricks Foundation Inc has awarded $7,726 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE HILL BACH PURPOSE: GENERAL PURPOSES | $100 |
GUIDING EYES FOR THE BLIND PURPOSE: GENERAL PURPOSES | $250 |
THE INSTITUTE OF WORLD POLITICS PURPOSE: GENERAL PURPOSES | $1,000 |
OPERA HOUSE ARTS PURPOSE: GENERAL PURPOSES | $250 |
INTERCOLLEGIATE STUDIES INSTITUTE PURPOSE: GENERAL PURPOSES | $250 |
BAGADUCE MUSIC LENDING LIBRARY PURPOSE: GENERAL PURPOSES | $100 |