Human Potential Foundation
- Assets
- $8.7m
- Revenue
- $92.0k
- Investments
- $1.9m
- Employees
- 0
- Location
- Smithtown, NY
- Founding
- 08/1985
- Data as of
- 11/2022
- EIN
- 11-2670749
Organization Overview
Human Potential Foundation is located in Smithtown, NY. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Human Potential 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 11/2022, Human Potential Foundation generated $92.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $225.2k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMAN POTENTIAL FOUNDATION IS THE LESSOR FOR PROPERTY DIRECTLY USED BY ZACA LAKE FOUNDATION FOR THE PURPOSE OF OPERATING A NOT-FOR-PROFIT, SPIRITUALLY ORIENTED CONFERENCE CENTER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gibbons CEO & Co-Trustee | 0.1 | $0 | |
James Gibbons President & Co-Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,272 |
| Interest on Savings | $10,218 |
| Dividends & Interest | $14,925 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,295 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,875 |
| Total Revenue | $91,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,089 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,373 |
| Total operating and administrative expenses | $187,161 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $225,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,349,326 |
| 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 | $55 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,421,288 |
| Total assets | $8,708,680 |
| 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, Human Potential Foundation has awarded $38,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRANCH BROOKS CHILDRENS FOUNDATION DBA SMITHTOWN CHILDRENS FOUNDATION PURPOSE: GENERAL SUPPORT | $500 |
SMITHTOWN KICKERS PURPOSE: SUPPORT SMITHTOWN KICKERS CHARITY EVENT | $7,500 |
THE SCHOOL HOUSE PURPOSE: GENERAL SUPPORT | $30,000 |