Letty Jones Heritage Foundation
- Assets
- $622.3k
- Revenue
- $14.4k
- Investments
- $16.0k
- Employees
- 0
- Location
- Monticello, UT
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 84-1367581
Organization Overview
Letty Jones Heritage Foundation is located in Monticello, UT. The organization was established in 1998. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Letty Jones Heritage 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, Letty Jones Heritage Foundation generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $37 |
| Dividends & Interest | $398 |
| Net Rental Income | $11,500 |
| 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 | $14,435 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $170 |
| Depreciation | $3,927 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,867 |
| Total operating and administrative expenses | $21,139 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $21,139 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,808 |
| 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 | $15,999 |
| Net Land, buildings, and equipment | $542,466 |
| Other assets | $0 |
| Total assets | $622,273 |
| 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 |
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