Ricks Family Foundation Inc
- Assets
- $3.2m
- Revenue
- $2.4m
- Investments
- $3.2m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-3828842
Organization Overview
Ricks Family Foundation Inc is located in Indianapolis, IN. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Ricks Family 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 12/2022, Ricks Family Foundation Inc generated $2.4m in total revenue. All expenses for the organization totaled $279.7k during the year ending 12/2022. While expenses have increased by 27.8% per year over the past 4 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.
Since 2019, Ricks Family Foundation Inc has awarded 62 individual grants totaling $556,413. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Ricks Chair | 0 | $0 | |
David Ricks Secretary/di | 0 | $0 | |
Joseph Ricks Treasurer/di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,162,732 |
| Interest on Savings | $96 |
| Dividends & Interest | $154,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $84,186 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,401,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,454 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,589 |
| Contributions, gifts, grants paid | $268,109 |
| Total expenses and disbursements | $279,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,626 |
| Savings and temporary cash investments | $0 |
| 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 | $3,182,933 |
| 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, Ricks Family Foundation Inc has awarded $268,109 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: CANCER RESEARCH | $2,365 |
BOY SCOUTS - CROSSROADS OF AMERICA PURPOSE: BOY SCOUT | $25,061 |
BREBEUF JESUIT PREPARATORY SCHOOL PURPOSE: BREBEUF BISTRO | $2,500 |
BREBEUF JESUIT PREPARTORY SCHOOL PURPOSE: COLLEGE PREP SCHOOL | $125,000 |
EVERYTOWN FOR GUN SAFETY PURPOSE: GUN SAFETY | $500 |
HOPE ACADEMY PURPOSE: RECOVERY HIGH SCHOOL | $5,000 |