Martinson Clinic Foundation
- Assets
- $614.1k
- Revenue
- $32.5k
- Investments
- $272.3k
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- Data as of
- 09/2023
- EIN
- 41-1814869
Organization Overview
Martinson Clinic Foundation is located in Wayzata, MN.
For the year ending 09/2023, Martinson Clinic Foundation generated $32.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $45.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Martinson Clinic Foundation has awarded 28 individual grants totaling $180,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Hadley Director | 0.1 | $0 | |
John M Mckellip Director | 0.1 | $0 | |
Thomas Martinson President, Treasurer, Secr | 0.2 | $0 | |
Bruce Martinson Vice President | 0.1 | $0 | |
Carl Martinson Director | 0.1 | $0 | |
William Martinson Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$108 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,462 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $239 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $270 |
| Total operating and administrative expenses | $509 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $45,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,938 |
| Savings and temporary cash investments | $328,930 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $614,146 |
| 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 |
Grants Awarded
Over the last fiscal year, Martinson Clinic Foundation has awarded $45,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HAMMER RESIDENCES PURPOSE: GROUP HOME ASSISTANCE | $5,000 |
INTERFAITH OUTREACH AND COMMUNITY PARTNERS PURPOSE: CHARITY MEDICAL CLINIC ASSISTANCE | $5,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
LOMA LINDA UNIVERSITY PURPOSE: GENERAL SUPPORT | $7,000 |
ST DAVID'S CHILD DEVELOPMENT AND FAMILY SERVICES PURPOSE: EARLY CHILDHOOD EDUCATION, THERAPY SERVICES AND SOCIAL SERVICES FOR CHILD AND FAMILY | $5,000 |
TROPICAL HEALTH ALLIANCE FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |