Double Good Kids Foundation
- Assets
- $3.9m
- Revenue
- $1.4m
- Investments
- $3.6m
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 11/2019
- Data as of
- 03/2024
- EIN
- 82-3809639
Organization Overview
Double Good Kids Foundation is located in Burr Ridge, IL. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Double Good Kids 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 03/2024, Double Good Kids Foundation generated $1.4m in total revenue. All expenses for the organization totaled $105.3k during the year ending 03/2024. While expenses have increased by 41.2% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOUBLE GOOD DAYS IS AN EVENT ORGANIZED AND OPERATED BY THE FOUNDATION WHICH CELEBRATES CHILDREN WITH SPECIAL NEEDS WITH A DAY FULL OF MULTI-SENSORY ACTIVITIES AND PROGRAMS WHICH PROVIDE A RICH, STIMULATING AND JOYFUL EXPERIENCE FOR THE CHILDREN AND THEIR FAMILIES AND CAREGIVERS. THE EVENT WAS HELD ON OCTOBER 1, 2023, AND OVER 550 CHILDREN, FAMILY MEMBERS AND CAREGIVERS PARTICIPATED. FOR 2024, TWO ONE-DAY EVENTS ARE BEING PLANNED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Heitmann President And Director | 2 | $0 | |
Natalie Heitmann Treasurer And Director | 2 | $0 | |
Daniel Liston Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,268,850 |
| Interest on Savings | $316 |
| Dividends & Interest | $151,404 |
| 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 | $1,420,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,686 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,644 |
| Total operating and administrative expenses | $48,110 |
| Contributions, gifts, grants paid | $57,191 |
| Total expenses and disbursements | $105,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,890 |
| Savings and temporary cash investments | $277,832 |
| 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 | $3,553,063 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,880,785 |
| 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, Double Good Kids Foundation has awarded $57,191 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SCIENCE OLYMPIAD PURPOSE: GENERAL SUPPORT | $1,000 |
KOHL CHILDREN'S MUSEUM PURPOSE: BUBBLY BALL BELLINI SPONSORSHIP | $5,150 |
GIGI'S PLAYHOUSE DEERFIELD PURPOSE: GENERAL SUPPORT | $1,041 |
KOHL CHILDREN'S MUSEUM PURPOSE: SPONSORSHIP FOR DOUBLE GOOD DAYS EVENT | $50,000 |