Laurence & Thressa Anderson Family Foundation Inc
- Assets
- $784.9k
- Revenue
- $63.6k
- Investments
- $742.2k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-3795231
Organization Overview
Laurence & Thressa Anderson Family Foundation Inc is located in Las Vegas, NV. The organization was established in 2012. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurence & Thressa Anderson Family 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, Laurence & Thressa Anderson Family Foundation Inc generated $63.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $76.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laurence & Thressa Anderson Family Foundation Inc has awarded 39 individual grants totaling $475,477. 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 |
|---|---|---|---|
G Laurence Anderson Director/pres/secy | 0 | $0 | |
Thressa J Anderson Director | 0 | $0 | |
Robert W Hinckley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,654 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,703 |
| Capital Gain Net Income | $41,703 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $283 |
| Total Revenue | $63,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $488 |
| Total operating and administrative expenses | $6,098 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $76,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,644 |
| 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 | $742,216 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $784,860 |
| Accounts payable and accrued expenses | $3,130 |
| 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 | $3,130 |
Grants Awarded
Over the last fiscal year, Laurence & Thressa Anderson Family Foundation Inc has awarded $70,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE CROSSROADS PURPOSE: CHARITABLE USE | $35,000 |
Las Vegas, NV PURPOSE: CHARITABLE USE | $20,000 |
Durham, NC PURPOSE: CHARITABLE USE | $10,000 |
THE JAY FUND PURPOSE: CHARITABLE USE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Lam Ministries San Jose, CA | $148,225 | $7,883,187 |
New Life Ministries Lake Forest, CA | $1,971,795 | $8,402,272 |
Christian Center Of Park City Park City, UT | $13,844,095 | $7,996,060 |
Pilgram Rest Foundation Inc Phoenix, AZ | $14,492,011 | $6,934,589 |
Irvine Onnuri Church Irvine, CA | $6,273,875 | $4,499,639 |
Tabernacle Christian School Concord, CA | $5,160,537 | $3,470,555 |
Alleluia Reedley, CA | $3,151,483 | $3,355,786 |
Interact Ministries Inc Boring, OR | $2,444,865 | $2,307,839 |
Desert Manna Barstow, CA | $1,202,550 | $2,591,102 |
Alberto Mottesi Evangelistic Assoc Inc Santa Ana, CA | $3,484,809 | $2,833,978 |
Esperanza Charitable Fund Mesa, AZ | $17,706,761 | $4,173,341 |
En Familia Inc Phoenix, AZ | $3,474,473 | $2,436,168 |