Johnny T Patronis Foundation Inc
- Assets
- $463.6k
- Revenue
- $25.6k
- Investments
- $453.0k
- Employees
- 0
- Location
- Panama City Beach, FL
- Founding
- 02/1985
- Data as of
- 06/2024
- EIN
- 59-2468119
Organization Overview
Johnny T Patronis Foundation Inc is located in Panama City Beach, FL. The organization was established in 1985. 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. Johnny T Patronis 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 06/2024, Johnny T Patronis Foundation Inc generated $25.6k 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 (6.6%) each year. All expenses for the organization totaled $31.5k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Johnny T Patronis Foundation Inc has awarded 42 individual grants totaling $199,033. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO 501(C)(3) ORGANIZATIONS LISTED IN PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy T Patronis Director | 0 | $0 | |
Johnny T Patronis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $166 |
| Dividends & Interest | $12,082 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,101 |
| Capital Gain Net Income | $13,101 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $227 |
| Total Revenue | $25,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,182 |
| Total operating and administrative expenses | $6,782 |
| Contributions, gifts, grants paid | $24,716 |
| Total expenses and disbursements | $31,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,368 |
| 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 | $250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $346,363 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $463,605 |
| 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, Johnny T Patronis Foundation Inc has awarded $24,716 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN THEOLOGIAN CHURCH PURPOSE: CHARITABLE | $5,000 |
SHADDAI SHRINERS PURPOSE: CHARITABLE | $1,500 |
THE SALVATION ARMY PURPOSE: CHARITABLE | $5,000 |
TOM P HANEY EDUCATION FOUNDATION PURPOSE: EDUCATION | $5,000 |
PATRONIS ELEMENTARY PURPOSE: EDUCATION | $2,216 |
GREEK ORTHODOX LADIES PHILOPTOCHOS PURPOSE: CHARITABLE | $1,000 |