Heritage Classic Foundation Inc is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Classic 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 12/2022, Heritage Classic Foundation Inc generated $109.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HERITAGE CLASSIC FOUNDATION RAISES FUNDS FOR THE INDIANA CHAPTER OF THE NATIONAL MULTIPLE SCLEROSIS SOCIETY AND OTHER NOT FOR PROFIT ORGANIZATIONS THROUGH A GOLF TOURNAMENT HELD EACH YEAR. IN 2022, THERE WERE 136 PARTICIPANTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Elliott President | 5 | $0 | |
John Williamson Vice Preside | 0.6 | $0 | |
Mark Humphrey Vice Preside | 0.3 | $0 | |
Toby Risner Secretary/tr | 0.2 | $0 | |
Ron Ewing Board Member | 0.6 | $0 | |
Ray Hilbert Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,018 |
| Other Revenue | $0 |
| Total Revenue | $109,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $945 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $29 |
| Other expenses | $8,341 |
| Total expenses | $104,315 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,247 |
| Other assets | $0 |
| Total assets | $7,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,247 |