Hinrich Foundation
- Assets
- $3.6k
- Revenue
- $42.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-3322058
Organization Overview
Hinrich Foundation is located in Scottsdale, AZ. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Hinrich 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 12/2021, Hinrich Foundation generated $42.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 61.5% each year . All expenses for the organization totaled $43.9k during the year ending 12/2021. While expenses have increased by 63.7% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCING SUSTAINABLE GLOBAL TRADE THROUGH EDUCATION AND RESEARCH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merle Allan Hinrich Director | 1 | $0 | |
Katheryn Clare Dioth CEO | 1 | $0 | |
William James Counts Director/secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $42,509 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $42,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,404 |
| Total operating and administrative expenses | $41,868 |
| Contributions, gifts, grants paid | $1,989 |
| Total expenses and disbursements | $43,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,622 |
| 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 | $3,622 |
| Accounts payable and accrued expenses | $54 |
| 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 | $54 |
Grants Awarded
Over the last fiscal year, Hinrich Foundation has awarded $210,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
THUNDERBIRD INDEPENDENT ALUMNI ASSOCATION PURPOSE: SCHOLARSHIPS | $5,000 |
THUNDERBIRD INDEPENDENT ALUMNI ASSOCATION PURPOSE: SCHOLARSHIPS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |