William Stephen -Stevie- Minore Jr Foundation
- Assets
- $517.1k
- Revenue
- $62.0k
- Investments
- $339.2k
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-2679530
Organization Overview
William Stephen -Stevie- Minore Jr Foundation is located in Rockford, IL. The organization was established in 2015. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Stephen -Stevie- Minore Jr 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 12/2023, William Stephen -Stevie- Minore Jr Foundation generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, William Stephen -Stevie- Minore Jr Foundation has awarded 21 individual grants totaling $133,270. 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 |
|---|---|---|---|
W Stephen Minore President | 0 | $0 | |
Laura Minore Vp/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $1,558 |
| Dividends & Interest | $12,201 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,718 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,041 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,114 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $19,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,946 |
| Savings and temporary cash investments | $14,935 |
| 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 | $517,064 |
| 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, William Stephen -Stevie- Minore Jr Foundation has awarded $16,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB ROCKFORD PURPOSE: EMPOWER YOUTH TO EXCEL IN SCHOOL | $5,000 |
NORTHWOODS BLIZZARD BLAST PURPOSE: CONNECT OUR COMMUNITIES | $5,000 |
SALVATION ARMY PURPOSE: SUPPORT COMMUNITY | $1,000 |
ROCKFORD RESCUE MISSION PURPOSE: FEED THE HOMELESS & HUNGRY | $2,500 |
GIGI'S PLAYHOUSE PURPOSE: SUPPORT PEOPLE WITH DOWN SYNDROME | $2,500 |