Yargus Family Foundation
- Assets
- $2.4m
- Revenue
- -$17.1k
- Investments
- $844.2k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/2017
- Data as of
- 12/2020
- EIN
- 81-7000995
Organization Overview
Yargus Family Foundation is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Yargus Family 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 12/2020, Yargus Family Foundation generated -$17.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 70.2% each year . All expenses for the organization totaled $30.1k during the year ending 12/2020. 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 |
|---|---|---|---|
Larry Yargus Trustee | 0 | $0 | |
Anne Sheehy Trustee | 0 | $0 | |
Margaret Yargus Trustee | 0 | $0 | |
Catherine Shaffer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,570 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,710 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$17,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,535 |
| Contributions, gifts, grants paid | $20,531 |
| Total expenses and disbursements | $30,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,860 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $1,495,025 |
| 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 | $844,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,351,104 |
| 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, Yargus Family Foundation has awarded $20,531 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Kirtland, OH PURPOSE: GENERAL FUND | $10,000 |
Marshall, IL PURPOSE: GENERAL FUND | $5,031 |
ST MARY'S CATHOLIC CHURCH PURPOSE: GENERAL FUND | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL FUND | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moose Foundation Inc Mooseheart, IL | $261,014,797 | $19,670,612 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Glasser And Rosenthal Family Foundation Chicago, IL | $0 | $604,291 |
Arthur Dean Family Foundation Inc Fishers, IN | $75,273,545 | $2,866,490 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Barbara Mettler Personal Tr Champaign, IL | $0 | $38,620 |
Friends Of Penfield Childrens Center Inc Milwaukee, WI | $8,290,252 | $2,579,522 |
Shure Charitable Tr Created Uw Of Sidney N Shure Chicago, IL | $52,599,907 | $2,093,307 |
Harvey L Miller Supporting Foundation Chicago, IL | $309,904 | $2,622,416 |
Shepherds Foundation Inc Union Grove, WI | $3,010,334 | $2,177,112 |
Kensington Square Foundation Dtd 11091999 Chicago, IL | $5,044,393 | $1,051,148 |