Louis W Horvath Foundation Inc
- Assets
- $216.3k
- Revenue
- $925.0
- Investments
- $205.2k
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 83-0336961
Organization Overview
Louis W Horvath Foundation Inc is located in Sheridan, WY. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Louis W Horvath 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, Louis W Horvath Foundation Inc generated $925.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $15.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Martoglio Trustee | 0 | $0 | |
Joseph Meyer Trustee | 0 | $0 | |
Renee Meyer Trustee | 0 | $0 | |
Darold Destefano Trustee | 0 | $0 | |
Christopher Meyer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $5,219 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,297 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,965 |
| Total operating and administrative expenses | $3,422 |
| Contributions, gifts, grants paid | $11,700 |
| Total expenses and disbursements | $15,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,822 |
| Savings and temporary cash investments | $8,267 |
| 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 | $20,309 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $216,281 |
| 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, Louis W Horvath Foundation Inc has awarded $11,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SHERIDAN HIGH SCHOOL BOOSTER CLUB PURPOSE: AMATEUR ATHLETICS | $1,300 |
COWBOY JOE CLUB PURPOSE: AMATEUR ATHLETICS | $4,000 |
SHERIDAN CHAMBER OF COMM FOUNDATION PURPOSE: AMATUER SPORTS | $2,400 |
AMERICAN LEGION BASEBALL PURPOSE: AMATEUR ATHLETICS | $4,000 |