Superior Foundation Inc
- Assets
- $17.2k
- Revenue
- $165.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lima, OH
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 46-4675097
Organization Overview
Superior Foundation Inc is located in Lima, OH. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Superior 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 06/2022, Superior Foundation Inc generated $165.2k in total revenue. All expenses for the organization totaled $196.8k during the year ending 06/2022. While expenses have increased by 16.1% per year over the past 7 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 2016, Superior Foundation Inc has awarded 13 individual grants totaling $500,624. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATED MONEY FOR FIRST TIME HOME BUYERS
THE ORGANIZATION PROVIDED SCHOLARSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Patton Director | 1 | $0 | |
Becky Landen Director | 1 | $0 | |
Kelsey Joseph Director | 1 | $0 | |
Jed Metzger Director | 1 | $0 | |
Pam Shaw Director | 1 | $0 | |
Stacey Deitering Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $144,950 |
| Interest on Savings | $213 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,000 |
| Total Revenue | $165,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,192 |
| Total operating and administrative expenses | $19,832 |
| Contributions, gifts, grants paid | $177,000 |
| Total expenses and disbursements | $196,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,405 |
| Savings and temporary cash investments | $7,801 |
| 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 | $17,206 |
| 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 | $3 |
| Total liabilities | $3 |
Grants Awarded
Over the last fiscal year, Superior Foundation Inc has awarded $177,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lima, OH PURPOSE: FIRST TIME HOME BUYERS | $145,000 |
MISC PURPOSE: SCHOLARSHIPS | $32,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lesea Global Feed The Hungry Inc South Bend, IN | $8,955,303 | $44,845,049 |
The Glen At St Joseph Dayton, OH | $19,520,405 | $4,747,418 |
Stoneleigh Foundation Philadelphia, PA | $92,384,286 | $2,978,235 |
Jerry And Laura Jacobson Foundation Inc Sugarcreek, OH | $0 | $911,608 |
Satell Institute King Of Prussia, PA | $13,359,727 | $1,126,245 |
Jack Miller Center For Teaching Americas Founding Principles And Bala Cynwyd, PA | $14,689,077 | $1,577,352 |
Saga Foundation Kalamazoo, MI | $17,766,736 | $2,178,963 |
Artyard Erwinna, PA | $77,186,190 | $24,985,342 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
Mansmann Foundation Pa Pittsburgh, PA | $6,102,751 | $745,895 |
Tamim Academies Narberth, PA | $1,567,123 | $2,002,258 |
Thomas And Sandra Usher Camp Rector, PA | $15,474,018 | $882,324 |