Sweet Pea Foundation Inc
- Assets
- $506.6k
- Revenue
- $49.1k
- Investments
- $101.8k
- Employees
- 0
- Location
- Granger, IN
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 11-3688920
Organization Overview
Sweet Pea Foundation Inc is located in Granger, IN. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public 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. Sweet Pea 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, Sweet Pea Foundation Inc generated $49.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $14.8k during the year ending 12/2021. 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
THE SWEET PEA FOUNDATION WAS FORMED TO ACHIEVE THREE GOALS: 1) TO ESTABLISH AN ANNUAL CONTRIBUTION FUND TO THE RONALD MCDONALD HOUSE OF INDIANA, 2) TO SUPPORT ORGANIZATIONS ALREADY ESTABLISHED IN HOSPITALS THAT PROVIDE CARE AND ENTERTAINMENT FOR SICK CHILDREN, AND 3) TO ESTABLISH A RELATIONSHIP WITH HOSPITALS AND ORGANIZATIONS IN SMALLER COMMUNITIES THAT ARE CARING FOR SICK CHILDREN. ASSISTANCE WILL BE TWO-FOLD: FINANCIAL CONTRIBUTIONS AND DONATIONS OF FOOD, SUPPLIES, AND TOYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER 23,500 TOYS 12,095 BOOKS, 450 BIG TICKET ITEMS PURCHASED AND DELIVERED TO CHILDREN'S HOSPITALS IN INDIANA, ILLINOIS AND KENTUCKY AND OHIO. AN ANNUAL CONTRIBUTION TO RONALD MCDONALD HOUSE IN INDIANA IS MADE, NOW UP TO $50,000 IN TOTAL. SEVERAL MURALS HAVE BEEN COMMISSIONED AND PAINTED AT ST. JOSEPH MEDICAL CENTER IN MISHAWAKA, IN. THE FOUNDATION HAS ALSO GIVEN OVER 4,175 "HUGS FROM GRACE" HOLIDAY AND BIRTHDAY-THEMED ACTIVITY BAGS TO CHILDREN IN HOSPITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter A Letherman President | Officer | 5 | $0 |
Suzanne E Letherman Secretary | Officer | 5 | $0 |
Financial Statements
| 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 | $32,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,473 |
| Total Program Service Revenue | $0 |
| Investment income | $2,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$116 |
| Net Income from Fundraising Events | $14,380 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22 |
| Advertising and promotion | $845 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $73 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $428 |
| All other expenses | $483 |
| Total functional expenses | $14,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $254,719 |
| 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 | $101,818 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,107 |
| Total assets | $506,644 |
| Accounts payable and accrued expenses | $0 |
| 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 | $772 |
| Total liabilities | $772 |
| Net assets without donor restrictions | $505,872 |
| Net assets with donor restrictions | $0 |
| 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 | $506,644 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sweet Pea Foundation Inc has recieved totaling $1,226.
| Awarding Organization | Amount |
|---|---|
Bill Deputy Foundation Elkhart, IN PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $226 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |
Delta Dental Of Illinois Foundation Naperville, IL | $25,024,389 | $3,455,775 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Chicago Scholarship Fund Inc Chicago, IL | $0 | $5,200,805 |
Mercy Health Corporation Rockford, IL | $1,246,524,503 | $10,286,365 |
Columbia St Marys Foundation Inc St Louis, MO | $44,777,038 | $4,064,504 |