Sorehcra Foundation
- Assets
- $15.2m
- Revenue
- $26.0k
- Investments
- $15.2m
- Employees
- 0
- Location
- Ashland, OH
- Founding
- Data as of
- 12/2022
- EIN
- 85-4382217
Organization Overview
Sorehcra Foundation is located in Ashland, OH. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sorehcra 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, Sorehcra Foundation generated $26.0k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Archer President | 5 | $0 | |
Janet L Archer Vice Preside | 5 | $0 | |
Pamela J Archer Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $277,951 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$251,973 |
| Capital Gain Net Income | $204 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159,323 |
| Total operating and administrative expenses | $193,020 |
| Contributions, gifts, grants paid | $5,651,000 |
| Total expenses and disbursements | $5,844,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,800 |
| 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 | $15,199,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,216,968 |
| 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, Sorehcra Foundation has awarded $5,651,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASHLAND UNIVERSITY PURPOSE: ACADEMIC, ATHLETIC, & ECA PROGRAMS | $4,631,000 |
ASHLAND FAMILY YMCA PURPOSE: CAPITAL CAMPAIGN | $900,000 |
ASHLAND COUNTY COMMUNITY FOUNDATION PURPOSE: ASHLAND PARENTING PLUS | $50,000 |
ASHLAND CITY SCHOOLS PURPOSE: AHS BASEBALL FIELD RENOVATION | $25,000 |
NEW LONDON GREENWHICH TRAIL PURPOSE: HIKING & BIKING TRAIL IMPROVEMENTS | $25,000 |
NORTHWESTERN OHIOCHRISTIANYOUTHCAMP PURPOSE: CAMP DINING HALL PROJECT | $20,000 |