Theo Sophia Charity
- Assets
- $3.8m
- Revenue
- $48.5k
- Investments
- $2.4m
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- Data as of
- 02/2024
- EIN
- 82-4335641
Organization Overview
Theo Sophia Charity is located in Bloomington, IL. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theo Sophia Charity 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 02/2024, Theo Sophia Charity generated $48.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $99.0k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Theo Sophia Charity has awarded 17 individual grants totaling $413,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SPONSORSHIPS FOR CHILDREN OF LOW-INCOME HOUSEHOLDS IN BLOOMINGTON ILLINOIS.
FUNDING WITH SCHOOLING AND EDUCATION IN INDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Bozek Secretary | 10 | $0 | |
Zachary Nayak Treasurer | 10 | $0 | |
Marcia Nayak President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,175 |
| Interest on Savings | $5,895 |
| Dividends & Interest | $29,669 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,735 |
| Capital Gain Net Income | $7,295 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,278 |
| Printing and publications | $0 |
| Other expenses | $3,834 |
| Total operating and administrative expenses | $8,997 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $98,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,539 |
| Savings and temporary cash investments | $1,373,707 |
| 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 | $3,762,508 |
| 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, Theo Sophia Charity has awarded $90,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORNERSTONE CHRISTIAN ACADEMY PURPOSE: EDUCATIONAL | $75,000 |
WE IGNITE NATIONS PURPOSE: MISSIONS | $15,000 |