Ashley Lykes Geary Foundation
- Assets
- $57.8k
- Revenue
- $12.9k
- Investments
- $51.3k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 72-1432468
Organization Overview
Ashley Lykes Geary Foundation is located in New Orleans, LA. The organization was established in 1999. 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. Ashley Lykes Geary Foundation 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, Ashley Lykes Geary Foundation generated $12.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $23.6k during the year ending 12/2023. While expenses have increased by 26.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Ashley Lykes Geary President | 0 | $0 | |
Cyril P Geary Secr/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,213 |
| Capital Gain Net Income | $9,213 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,905 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $304 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,787 |
| Total operating and administrative expenses | $4,091 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $23,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,535 |
| 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 | $57,797 |
| 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, Ashley Lykes Geary Foundation has awarded $19,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BAYSIDE ACADEMY PURPOSE: OPERATING EXEPENSE | $1,000 |
ACADEMY OF THE SACRED HEART PURPOSE: OPERATING EXPENSE | $2,000 |
CHRIST SCHOOL PURPOSE: OPERATING EXPENSE | $2,000 |
CAMP NAKANAWA PURPOSE: OPERATING EXPENSE | $1,000 |
JUNIOR LEAGUE OF NEW ORLEANS PURPOSE: OPERATING EXPENSE | $1,000 |
HOLY NAME OF JESUS CHURCH AND SCHOOL FOUNDATIONS FOR THE FUTURE PURPOSE: OPERATING EXPENSE | $12,500 |