Sorehcra Foundation
- Assets
- $21.0m
- Revenue
- $160.1k
- Investments
- $20.9m
- Employees
- 0
- Location
- Ashland, OH
- Founding
- Data as of
- 12/2021
- 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 12/2021, Sorehcra Foundation generated $160.1k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Archer President | 5 | $0 | |
Pamela J Archer Treasurer | 5 | $0 | |
Janet L Archer Vice Preside | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $166,589 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,494 |
| Capital Gain Net Income | $244 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $231 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96,227 |
| Total operating and administrative expenses | $131,931 |
| Contributions, gifts, grants paid | $1,500,000 |
| Total expenses and disbursements | $1,631,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,258 |
| 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 | $20,936,906 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,028,164 |
| 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 $1,500,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Kent, OH PURPOSE: MATCHING CHALLENGE GIFT | $1,000,000 |
Ashland, OH PURPOSE: IT & ASHBROOK MOVE GIFTS | $500,000 |
View Grant Profile
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|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |