Richard Sabala Foundation Inc is located in Mccall, ID. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Richard Sabala Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard Sabala 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, Richard Sabala Foundation Inc generated $929.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $766.2k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND WELFARE OF MCCALL-DONNELLY SCHOOL DISTRICT CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCCALL ICE SKATING RINK & EVENT CENTER - EDUCATIONAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald L Sabala President | OfficerTrustee | $0 | |
Diana M Sabala Secretary | OfficerTrustee | $0 | |
Louis A Sabala Treasurer | OfficerTrustee | $0 | |
John A Sabala Director | Trustee | $0 | |
Nicholas D Sabala Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $48,404 |
All other contributions, gifts, grants, and similar amounts not included above | $6,800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $55,204 |
Total Program Service Revenue | $517,143 |
Investment income | $46,522 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $134,629 |
Net Income from Fundraising Events | $176,236 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $929,734 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $259,341 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $25,534 |
Payroll taxes | $20,096 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,066 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $990 |
Fees for services: Other | $0 |
Advertising and promotion | $8,919 |
Office expenses | $2,290 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,331 |
Travel | $279 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $158,158 |
Insurance | $42,322 |
All other expenses | $33,986 |
Total functional expenses | $766,153 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $129,933 |
Savings and temporary cash investments | $245,411 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $213 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,948,972 |
Investments—publicly traded securities | $1,583,447 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,907,976 |
Accounts payable and accrued expenses | $35,445 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $35,445 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $38,415 |
Paid-in or capital surplus, or land, building, or equipment fund | $3,948,972 |
Retained earnings, endowment, accumulated income, or other funds | $1,885,144 |
Total liabilities and net assets/fund balances | $5,907,976 |
Over the last fiscal year, Richard Sabala Foundation Inc has awarded $50,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Boise, ID PURPOSE: CAPITAL | $20,000 |
McCall, ID | | $20,000 |
CENTRAL IDAHO MOUNTAIN BIKE ASSOC | | | $10,000 |
Over the last fiscal year, we have identified 3 grants that Richard Sabala Foundation Inc has recieved totaling $11,769.
Awarding Organization | Amount |
---|---|
Vincent C Immordino Charitable Foundation Henderson, NV PURPOSE: GENERAL FUND | $5,000 |
Allan Neustadt Charitable Trust 032497 Dallas, TX PURPOSE: CHARITABLE | $5,000 |
Thomas M And Carol F Smith Family Foundation Inc Boise, ID PURPOSE: EDUCATION AND WELFARE OF MCCALLDONNELLY CHILDREN | $1,769 |
Organization Name | Assets | Revenue |
---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
Greater Good Charities Seattle, WA | $7,916,385 | $76,960,540 |
Tisbest Philanthropy Seattle, WA | $1,169,318 | $11,028,187 |
Omprakash Inc Seattle, WA | $1,303,902 | $8,335,902 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Momsrising Education Fund Bellevue, WA | $13,735,648 | $12,363,267 |
Community In Action Ontario, OR | $2,870,959 | $6,588,152 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Pi Foundation Inc Salt Lake City, UT | $42,544,136 | $12,945,919 |
C G Charitable Fund Layton, UT | $64,826,313 | $12,524,297 |
Tsf Services Seattle, WA | $41,582 | $5,196,264 |
Invested Renton, WA | $10,800,874 | $5,096,103 |