Werling-Alles Foundation Inc
- Assets
- $242.1k
- Revenue
- $85.0k
- Investments
- $207.1k
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-2091964
Organization Overview
Werling-Alles Foundation Inc is located in Evansville, IN. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Werling-Alles 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 12/2021, Werling-Alles Foundation Inc generated $85.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $20.2k during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FUNDING TO HENDERSON SALVATION ARMY WHICH PROVIDES FOOD, HOUSING ASSISTANCE, ETC TO NEEDY
PROVIDE FUNDING TO ST VINCENT DEPAUL FOOD BANK WHICH PROVIDES FOOD TO NEEDY
PROVIDE FUNDING TO SISTERS OF ST BENEDICTS INFIRMARY TO CARE FOR ELDERLY SISTERS IN RETIREMENT
PROVIDE FUNDING TO FATHER BRADLEY CENTER FOR WOMAN AND CHILDREN SHELTER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia A Alles Director | 0.5 | $0 | |
Charles Jack Alles Director | 2 | $0 | |
Charles William Alles Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,146 |
| Interest on Savings | $2 |
| Dividends & Interest | $4,808 |
| 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 | $84,956 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $200 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $20,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,983 |
| 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 | $242,066 |
| 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, Werling-Alles Foundation Inc has awarded $20,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HENDERSON SALVATION ARMY PURPOSE: FOOD AND HOUSING SUPPORT FOR NEEDY | $4,000 |
ST VINCENT DEPAUL FOOD BANK PURPOSE: PROVIDE FOOD TO NEEDY | $3,500 |
SISTERS OF ST BENEDICT PURPOSE: INFIRMARY CARERMARY CARE | $3,250 |
FATHER BRADLEY SHELTER PURPOSE: WOMEN AND CHILDREN SHELTER | $3,000 |
WARM CENTER PURPOSE: NATURE PRESERVE | $3,000 |
FUMC - TORNADO RELIEF PURPOSE: NEEDY CHILDREN SUPPORT AT CHRISTMAS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |
Ferdinand A & Agnes M Bower Charitable Trust Chicago, IL | $0 | $555,207 |
Eric P And Evelyn Newman Charitable Foundation Saint Louis, MO | $112,434,986 | $5,417,714 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |