Hendrick Home For Children Trust
- Assets
- $82.7m
- Revenue
- $5.9m
- Investments
- $81.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1946
- Data as of
- 06/2023
- EIN
- 75-0827445
Organization Overview
Hendrick Home For Children Trust is located in Chicago, IL. The organization was established in 1946. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hendrick Home For Children Trust 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 06/2023, Hendrick Home For Children Trust generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2023. 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 | $2,462,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,168,048 |
| Capital Gain Net Income | $3,168,048 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $222,046 |
| Total Revenue | $5,852,772 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $444,619 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $136,447 |
| Depreciation | $0 |
| Occupancy | $165 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,040 |
| Total operating and administrative expenses | $616,060 |
| Contributions, gifts, grants paid | $5,373,152 |
| Total expenses and disbursements | $5,989,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,823 |
| Savings and temporary cash investments | $1,049,832 |
| 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 | $8,932,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $53 |
| Total assets | $82,662,820 |
| 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 |