Martin Jr Larson Ii Foundation Inc
- Assets
- $299.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orland Park, IL
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-2367961
Organization Overview
Martin Jr Larson Ii Foundation Inc is located in Orland Park, IL. The organization was established in 2008. According to its NTEE Classification (T31) the organization is classified as: Community 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. Martin Jr Larson Ii 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, Martin Jr Larson Ii Foundation Inc generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale E Larson Trustee | 2 | $0 | |
Sharon M Larson Trustee | 2 | $0 | |
Dale Larson Jr Trustee | 2 | $0 | |
Paul Manzi Trustee | 2 | $0 | |
Jeff Brink Trustee | 2 | $0 | |
Jack Cusack Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,953 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,494 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,360 |
| Other Revenue | $0 |
| Total Revenue | $17,807 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $436 |
| Other expenses | $51 |
| Total expenses | $16,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,353 |
| Other assets | $0 |
| Total assets | $299,353 |
| Total liabilities | $0 |
| Net assets or fund balances | $299,353 |