Horlacher Foundation Inc
- Assets
- $2.8m
- Revenue
- $101.7k
- Investments
- $48.4k
- Employees
- 0
- Location
- Stevensville, MT
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 20-2777772
Organization Overview
Horlacher Foundation Inc is located in Stevensville, MT. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Horlacher 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, Horlacher Foundation Inc generated $101.7k 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 (20.0%) each year. All expenses for the organization totaled $160.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Horlacher Foundation Inc has awarded 24 individual grants totaling $400,698. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILIES IN NEED PROGRAM - RESPONDS TO THE NEEDS OF FAMILIES IN OUR COMMUNITY WHO ARE AT RISK OF BECOMING HOMELESS BY A COMPREHENSIVE PROGRAM THAT INCLUDES TRANSITIONAL HOUSING AND RENT SUPPORT, CASH MANAGEMENT FOR ESSENTIAL LIVINGS EXPENSES,AND SUPPORT SERVICES IN ORDER TO KEEP THE FAMILY TOGETHER THROUGH HARD TIMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robb Horlacher Director | 0 | $0 | |
Ralph Horlacher Director | 0 | $0 | |
Renee Horlacher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $151 |
| Dividends & Interest | $9,146 |
| Net Rental Income | -$1,728 |
| Net Gain on Sale of Assets | $89,018 |
| Capital Gain Net Income | $89,018 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,703 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,871 |
| Depreciation | $2,454 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,600 |
| Total operating and administrative expenses | $71,553 |
| Contributions, gifts, grants paid | $89,250 |
| Total expenses and disbursements | $160,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,228 |
| Savings and temporary cash investments | $1,227,355 |
| 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 | $1,361,399 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $42,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $48,449 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,812,431 |
| 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 | $57,148 |
| Total liabilities | $57,148 |
Grants Awarded
Over the last fiscal year, Horlacher Foundation Inc has awarded $89,250 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FILM INSTITUTE DONATION PURPOSE: UNRESTRICTEDUNRESTRICTED | $51,250 |
BYU HAWAII PURPOSE: UNRESTRICTED | $25,000 |
EMMA'S HOUSE PURPOSE: UNRESTRICTED | $3,000 |
VICTOR VOLUNTEER FIRE DEPARTMENT PURPOSE: UNRESTRICTED | $3,000 |
Hamilton, MT PURPOSE: UNRESTRICTED | $3,000 |
BITTERROOT HEALTH FOUNDATION PURPOSE: UNRESTRICTED | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Museum Of South Dakota Brookings, SD | $7,565,049 | $1,438,522 |
Gem Foundation Kalispell, MT | $2,481,275 | $1,062,470 |
Our Lady Of The Rockies Inc Butte, MT | $1,022,279 | $268,148 |
Full Circle Exchange International Inc Eagle, ID | $1,418,864 | $729 |
Horlacher Foundation Inc Stevensville, MT | $2,812,431 | $101,703 |
Sander Family Foundation Brookings, SD | $0 | $82 |
Society Of Women Innovators In Pain Management Hayden Lake, ID | $152,763 | $231,582 |
Direct Line Inc Sioux Falls, SD | $833,543 | $59,368 |
Discovery Foundation Inc Missoula, MT | $1,008,822 | $41,550 |
Butte Athletic Council Butte, MT | $322,481 | $0 |
Stritecky Family Foundation Inc Sioux Falls, SD | $264,383 | $146,240 |
Zachary Arthaud Foundation Dickinson, ND | $8,101,689 | $6,164,309 |