Margaret Heins Foundation Test Charitable Tr 052101
- Assets
- $1.2m
- Revenue
- $98.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Melbourne, FL
- Founding
- 02/2002
- Data as of
- 08/2023
- EIN
- 59-7202483
Organization Overview
Margaret Heins Foundation Test Charitable Tr 052101 is located in Melbourne, FL. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Margaret Heins Foundation Test Charitable Tr 052101 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 08/2023, Margaret Heins Foundation Test Charitable Tr 052101 generated $98.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $91.6k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margaret Heins Foundation Test Charitable Tr 052101 has awarded 235 individual grants totaling $617,315. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Ian Nash Treasurer/tr | 8 | $2,000 | |
Carl D Coddington Trustee | 8 | $2,000 | |
Matthew Kucera President/tr | 8 | $2,000 | |
Brian G Fisher Secretary/tr | 8 | $2,000 | |
Linda J May Trustee | 8 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $38,947 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,740 |
| Capital Gain Net Income | $59,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $98,692 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,368 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,435 |
| Total operating and administrative expenses | $31,567 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $91,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,334 |
| Savings and temporary cash investments | $21,573 |
| 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 | $614,818 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,240,839 |
| Accounts payable and accrued expenses | $815 |
| 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 | $815 |
Grants Awarded
Over the last fiscal year, Margaret Heins Foundation Test Charitable Tr 052101 has awarded $60,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF CENTRAL PURPOSE: SCHOLARSHIPS FOR YOUTH BREVARD | $3,000 |
BREVARD NEIGHBORHOOD DEVELOPMENT PURPOSE: HEALTHY BODIES / HEALTH MINDS PROGRA | $3,500 |
CANDLELIGHTERS OF BREVARD INC PURPOSE: TREATMENT CENTER ALLOTMENT FUND. | $5,000 |
EAST COAST ZOOLOGICAL SOCIETY PURPOSE: SUPPORT TO AQUARIUM PROJECT | $2,000 |
FAMILY PROMISE OF BREVARD PURPOSE: SUPPORT EMERGENCY SHELTER OPERATIONS | $3,000 |
FLORIDA INSTITUTE OF TECHNOLOGY PURPOSE: SCOTT CENTER AUTISM EVAL/TREATMENT | $5,000 |