The Sharing Of Blessings Foundation A Michigan Nonprofit Corporation
- Assets
- $2.1m
- Revenue
- $394.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Haven, MI
- Founding
- 08/2005
- Data as of
- 12/2022
- EIN
- 20-1864617
Organization Overview
The Sharing Of Blessings Foundation A Michigan Nonprofit Corporation is located in Grand Haven, MI. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sharing Of Blessings Foundation A Michigan Nonprofit Corporation 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, Sharing Of Blessings Foundation A Michigan Nonprofit Corporation generated $394.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $204.9k during the year ending 12/2022. While expenses have increased by 17.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sharing Of Blessings Foundation A Michigan Nonprofit Corporation has awarded 416 individual grants totaling $848,359. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerald A Trannel Director | 0 | $0 | |
Diane M Trannel Director | 0 | $0 | |
Stacy Devine Director | 0 | $0 | |
Sheila Larson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $251,000 |
| Interest on Savings | $143,639 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Other Income | $0 |
| Total Revenue | $394,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,071 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,371 |
| Contributions, gifts, grants paid | $202,549 |
| Total expenses and disbursements | $204,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,014 |
| 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 | $2,089,488 |
| 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 | $0 |
| Total assets | $2,149,502 |
| 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, The Sharing Of Blessings Foundation A Michigan Nonprofit Corporation has awarded $202,549 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY'S CHURCH PURPOSE: CONTRIBUTION FOR USE IN CHURCH PROGRAMS/EXPENSES | $1,000 |
ROSARY HIGH SCHOOL PURPOSE: CONTRIBUTION FOR USE IN SCHOOL PROGRAMS | $3,000 |
HESED HOUSE PURPOSE: CONTRIBUTION FOR EXPENSE AND PROGRAMS | $5,000 |
LORAS COLLEGE PURPOSE: CONTRIBUTION FOR SCHOOL PROGRAM | $2,500 |
HOLY CROSS CHURCH OF BATAVIA PURPOSE: CONTRIBUTION FOR CHURCH EXPENSE AND GENERAL PROGRAM | $4,500 |
ST PATRICK'S - GRAND HAVENMI PURPOSE: CONTRIBUTION FOR USE IN RELIGIOUS PROGRAMS | $5,200 |