Risklinkorg Foundation
- Assets
- $448.4k
- Revenue
- $10.1k
- Investments
- $439.3k
- Employees
- 0
- Location
- Homer Glen, IL
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 81-4778317
Organization Overview
Risklinkorg Foundation is located in Homer Glen, IL. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Risklinkorg 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 12/2022, Risklinkorg Foundation generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (52.5%) each year. All expenses for the organization totaled $107.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED PEOPLE WHO WISH TO ENTER AND WORK IN THE INSURANCE INDUSTRY, AS WELL AS PROVIDE CHARITABLE CONTRIBUTIONS TO WORTHY CAUSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Zych President & CEO | 2 | $0 | |
Matthew Geerdes Chief Financial Officer | 1 | $0 | |
Cheryl Williams Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,434 |
| 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 | $666 |
| Total Revenue | $10,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $42,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $27,989 |
| Printing and publications | $0 |
| Other expenses | $2,886 |
| Total operating and administrative expenses | $89,992 |
| Contributions, gifts, grants paid | $17,184 |
| Total expenses and disbursements | $107,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,263 |
| Savings and temporary cash investments | $771 |
| 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 | $74,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $448,375 |
| Accounts payable and accrued expenses | $15,074 |
| 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 | $15,074 |
Grants Awarded
Over the last fiscal year, Risklinkorg Foundation has awarded $17,184 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DELTA SIGMA PI LEADERSHIP FOUNDATION PURPOSE: PERSONAL,ACADEMIC ANDPROFESSIONAL DEVELOPMENT OFFUTURE BUSINESS LEADERS | $11,850 |
TCS HOCKEYINC PURPOSE: YOUTH ICE HOCKEYTOURNAMENT FORWILLOWBROOK SNIPERS | $1,950 |
PURE HOCKEY PURPOSE: HOCKEY EQUIPMENT FORYOUTH HOCKEY TEAM | $238 |
WILLOWBROOK ICE ARENA PURPOSE: ICE RINK RENTAL FORYOUTH HOCKEY TEAM | $550 |
TPS SPORTSTHE PERFECT SWING PURPOSE: HOCKEY EQUIPMENT FORYOUTH HOCKEY TEAM | $1,296 |
OPERATION SUPPORT OUR TROOPS-AMERICA PURPOSE: TO SUPPORT THE MORALEAND WELL-BEING OFAMERICAN FORCES | $800 |