Its Only Right Foundation
- Assets
- $1.7k
- Revenue
- $14.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-4478959
Organization Overview
Its Only Right Foundation is located in Lexington, KY. The organization was established in 2019. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Its Only Right 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, Its Only Right Foundation generated $14.9k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Hudson Director | 0 | $0 | |
Shannon Shorter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,932 |
| 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 | $14,932 |
| 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 | $25 |
| Total operating and administrative expenses | $25 |
| Contributions, gifts, grants paid | $15,250 |
| Total expenses and disbursements | $15,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,737 |
| 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 | $1,737 |
| 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, Its Only Right Foundation has awarded $15,250 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: TO FURTHER THE ENTITY'S MISSION TO EMPOWER UNDERSERVED COMMUNITIES | $10,000 |
UNIVERSITY OF HOUSTON PURPOSE: TO ASSIST WITH EDUCATION COSTS | $1,000 |
TEXAS A&M UNIVERSITY PURPOSE: TO ASSIST WITH EDUCATION COSTS | $1,000 |
Houston, TX PURPOSE: TO ASSIST WITH EDUCATION COSTS | $1,000 |
PRAIRIE VIEW A&M UNIVERSITY PURPOSE: TO ASSIST WITH EDUCATION COSTS | $750 |
TRINITY UNIVERSITY PURPOSE: TO ASSIST WITH EDUCATION COSTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rfs Charitable Foundation Toledo, OH | $7,273,922 | $11,225,614 |
Givenkind Gurnee, IL | $615,536 | $8,322,784 |
The Lebron James Family Foundation Akron, OH | $17,485,828 | $12,709,442 |
Journey To New Life Inc Kansas City, MO | $2,130,182 | $5,937,979 |
Tate Monroe Water Assn Inc New Richmond, OH | $29,411,991 | $5,084,515 |
Onecommunity Cleveland, OH | $10,370,909 | $1,306 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Field Ready Inc Evanston, IL | $891,610 | $3,039,732 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |
Institute For Public Affairs Chicago, IL | $2,903,141 | $2,770,410 |
Earth Intelligence Network Oakton, VA | $0 | $2,617,616 |