Jacob E Heyl 6-40609 Nect is located in Pittsburgh, PA. The organization was established in 2006. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2023, Jacob E Heyl 6-40609 Nect generated $283.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $351.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jacob E Heyl 6-40609 Nect has awarded 39 individual grants totaling $2,195,948. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $150,983 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,101 |
| Capital Gain Net Income | $127,101 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,924 |
| Total Revenue | $283,008 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,353 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,412 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,469 |
| Total operating and administrative expenses | $63,234 |
| Contributions, gifts, grants paid | $288,715 |
| Total expenses and disbursements | $351,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,785 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,645,124 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,380,349 |
| 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 |
Over the last fiscal year, Jacob E Heyl 6-40609 Nect has awarded $288,715 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DREXEL UNIVERSITY PURPOSE: GENERAL SUPPORT | $57,743 |
ALBERT EINSTEIN HEALTHCARE PURPOSE: GENERAL SUPPORT | $57,743 |
INGLIS HOUSE PURPOSE: GENERAL SUPPORT | $57,743 |
CHILDRENS HOSPITAL OF PHILADELPHIA PURPOSE: GENERAL SUPPORT | $57,743 |
NORTHERN CHILDREN'S SERVICES PURPOSE: GENERAL SUPPORT | $57,743 |