Larry H Spears Foundation Inc is located in Dry Ridge, KY. The organization was established in 2007. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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. Larry H Spears 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, Larry H Spears Foundation Inc generated $142.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $142.4k during the year ending 12/2022. While expenses have increased by 2.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FEEDING THE HUNGRYSERVED 15783 MEALS SERVED DURING THE YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Feldman Vice President | 1 | $0 | |
Ken Stone President | 1 | $0 | |
Candace Faulkner Secretarytreasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,590 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,780 |
| Professional fees and other payments to independent contractors | $7,368 |
| Occupancy, rent, utilities, and maintenance | $12,956 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $89,278 |
| Total expenses | $142,382 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,816 |
| Other assets | $0 |
| Total assets | $13,816 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,816 |