Kinnett Foundation Inc
- Assets
- $174.6k
- Revenue
- $27.5k
- Investments
- $128.4k
- Employees
- 0
- Location
- Columbus, GA
- Founding
- Data as of
- 12/2016
- EIN
- 58-6043788
Organization Overview
Kinnett Foundation Inc is located in Columbus, GA.
For the year ending 12/2016, Kinnett Foundation Inc generated $27.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (31.9%) each year. All expenses for the organization totaled $54.2k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J R Kinnett Jr President | 1 | $0 | |
Frazer K Loomis C.f.o. | 1 | $0 | |
Claire K Tate Director | 1 | $0 | |
Bright K Wright Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,500 |
| 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 | $27,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,618 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52 |
| Total operating and administrative expenses | $3,370 |
| Contributions, gifts, grants paid | $50,861 |
| Total expenses and disbursements | $54,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,243 |
| 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 | $174,648 |
| 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, Kinnett Foundation Inc has awarded $50,861 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHATTAHOOCHEE VALLEY COMMUNITY FOUNDATION PURPOSE: GENERAL USE OF DONEE | $40,861 |
OUTREACH FOUNDATION OF THE PRESBYTERIAN CHURCH PURPOSE: GENERAL USE OF DONEE | $10,000 |
View Grant Profile