Louis T And Audrey A Hines Foundation
- Assets
- $585.4k
- Revenue
- $102.0k
- Investments
- $529.4k
- Employees
- 0
- Location
- Colby, KS
- Founding
- 05/2013
- Data as of
- 08/2023
- EIN
- 46-1547756
Organization Overview
Louis T And Audrey A Hines Foundation is located in Colby, KS. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Louis T And Audrey A Hines Foundation 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 08/2023, Louis T And Audrey A Hines Foundation generated $102.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $47.3k during the year ending 08/2023. While expenses have increased by 8.0% per year over the past 8 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.
Since 2015, Louis T And Audrey A Hines Foundation has awarded 31 individual grants totaling $300,450. 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 |
|---|---|---|---|
Louis T Hines President | 5 | $0 | |
Audrey A Hines Secretary/tr | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,000 |
| Interest on Savings | $269 |
| Dividends & Interest | $18,521 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,209 |
| Capital Gain Net Income | $17,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,436 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44 |
| Total operating and administrative expenses | $6,490 |
| Contributions, gifts, grants paid | $40,800 |
| Total expenses and disbursements | $47,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,015 |
| Savings and temporary cash investments | $0 |
| 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 | $205,185 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $585,436 |
| 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, Louis T And Audrey A Hines Foundation has awarded $40,800 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PUDDLE DUCK PRESCHOOL PURPOSE: GENERAL | $10,000 |
UNITED METHODIST CHURCH PURPOSE: GENERAL/MISSIONS AND MINISTRIES | $28,000 |
ST THOMAS LODGE 306 PURPOSE: GENERAL | $800 |
CCC WOMEN'S BASKETBALL ENDOWMENT PURPOSE: GENERAL | $1,000 |
CCC MEN'S BASKETBALL ENDOWMENT PURPOSE: GENERAL | $1,000 |