West 117 Foundation Inc is located in Rocky River, OH. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, 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. West 117 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 12/2021, West 117 Foundation Inc generated $207.5k in total revenue. All expenses for the organization totaled $99.5k during the year ending 12/2021. While expenses have increased by 63.2% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GENERATE PHILANTHROPIC RESOURCES TO SUPPORT ENTREPRENEURSHIP, ARTS, CULTURE, HEALTH AND HUMAN SERVICES TO CREATE A HUB FOR CLEVELAND'S LGBTQ+ ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT ENTREPRENEURSHIP, ARTS, CULTURE, HEALTH AND HUMAN SERVICES FOR THE CLEVELAND LGBTQ+ COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ilah Adkins Board Secret | Trustee | 2 | $0 |
Shamus Dickinson Trustee | Trustee | 1 | $0 |
Laura Bidwell Trustee | Trustee | 1 | $0 |
Kyle Kidd Trustee | Trustee | 1 | $0 |
Marisol Martinez Trustee | Trustee | 1 | $0 |
Suzanne Hamilton Board Treasu | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $207,515 |
Noncash contributions included in lines 1a–1f | $3,440 |
Total Revenue from Contributions, Gifts, Grants & Similar | $207,515 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $207,515 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $28,992 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,690 |
Fees for services: Accounting | $9,119 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,020 |
Advertising and promotion | $12,166 |
Office expenses | $12,698 |
Information technology | $1,000 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,167 |
All other expenses | $29,631 |
Total functional expenses | $99,483 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,927 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $114,927 |
Accounts payable and accrued expenses | $37 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $37 |
Net assets without donor restrictions | $57,519 |
Net assets with donor restrictions | $57,371 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $114,927 |
Over the last fiscal year, we have identified 1 grants that West 117 Foundation Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Healthy Lakewood Foundation Lakewood, OH PURPOSE: LGBTQ+ YOUTH SPORTS | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Government Integrity Fund Columbus, OH | $0 | $4,714,760 |
Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Oh-Go Sandusky, OH | $452,264 | $1,544,533 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Kids Cancer Alliance Inc Louisville, KY | $1,595,560 | $1,331,527 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
The Cleveland Police Foundation Cleveland, OH | $402,041 | $308,860 |
Women For Economic And Leadership Development Westerville, OH | $526,843 | $678,319 |
Isadore Binzer Fund Brooklyn, OH | $7,683,436 | $1,276,125 |
Advocates For Homeless & Those In Need Inc Fairless Hills, PA | $466,442 | $421,506 |
Stuff The Bus Of Southern Kentucky Foundation Inc Bowling Green, KY | $214,330 | $354,662 |