Stable Road Foundation
- Assets
- $2.4m
- Revenue
- $183.1k
- Investments
- $2.3m
- Employees
- 0
- Location
- Cheyenne, WY
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-5153380
Organization Overview
Stable Road Foundation is located in Cheyenne, WY. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stable Road 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 12/2022, Stable Road Foundation generated $183.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $240.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Stable Road Foundation has awarded 116 individual grants totaling $802,251. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Freedman President/treasurer/director | 1 | $0 | |
Katie Freedman Goldsmith Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,168 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,884 |
| Capital Gain Net Income | $164,884 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,000 |
| Total Revenue | $183,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $333 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,189 |
| Total operating and administrative expenses | $14,416 |
| Contributions, gifts, grants paid | $226,152 |
| Total expenses and disbursements | $240,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,866 |
| Savings and temporary cash investments | $175 |
| 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 | $11,667 |
| Other assets | $1,263 |
| Total assets | $2,419,948 |
| 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, Stable Road Foundation has awarded $226,152 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
THE BUDDY PROGRAM PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
ASPEN YOUTH CENTER PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
SUMMIT 54 PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
SUFFIELD ACADEMY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
IMUA FAMILY SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
MAUI MEMORIAL MEDICAL CENTER FOUNDATION INC PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |