Michael E Simmons Foundation Inc
- Assets
- $159.7k
- Revenue
- $196.2k
- Investments
- $0.0
- Employees
- 0
- Location
- East Hartford, CT
- Founding
- Data as of
- 06/2023
- EIN
- 88-3644132
Organization Overview
Michael E Simmons Foundation Inc is located in East Hartford, CT. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael E Simmons 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley Hoffman Director, Vice President & Treasurer | 0 | $0 | |
Kathleen G Hoffman Director & President | 0 | $0 | |
Bryanna Noel Director & Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $264,471 |
| Interest on Savings | $1 |
| Dividends & Interest | $2,025 |
| 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 | -$70,304 |
| Other Income | $0 |
| Total Revenue | $196,193 |
| 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 | $9,355 |
| Total operating and administrative expenses | $9,752 |
| Contributions, gifts, grants paid | $26,754 |
| Total expenses and disbursements | $36,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,840 |
| Savings and temporary cash investments | $127,026 |
| Net Accounts receivable | $3 |
| 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 | $18,837 |
| Total assets | $159,706 |
| 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 | $19 |
| Total liabilities | $19 |
Grants Awarded
Over the last fiscal year, Michael E Simmons Foundation Inc has awarded $26,754 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF HARTFORD INC PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR MUSIC EDUCATIONAL PROGRAMS GET THE RESOURCES THEY NEED TO KEEP MUSIC ALIVE AND ACCESSIBLE. | $16,754 |
SUFFIELD ACADEMY DEVELOPMENT OFFICE PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AND PRE-COLLEGE STUDENTS AND TO ENHANCE THE DIVERSE EDUCATION ENVIRONMENT. | $10,000 |