Hugh A Wyatt & Jean P Wyatt Foundation Inc
- Assets
- $839.5k
- Revenue
- $37.9k
- Investments
- $837.1k
- Employees
- 0
- Location
- Silverhill, AL
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 63-0961347
Organization Overview
Hugh A Wyatt & Jean P Wyatt Foundation Inc is located in Silverhill, AL. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Hugh A Wyatt & Jean P Wyatt 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 12/2022, Hugh A Wyatt & Jean P Wyatt Foundation Inc generated $37.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $51.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hugh A Wyatt & Jean P Wyatt Foundation Inc has awarded 80 individual grants totaling $293,250. 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.
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 |
|---|---|---|---|
Richard Wyatt President | 2 | $0 | |
Justin Wyatt Vice-President | 0 | $0 | |
Kally Wyatt Secretary Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,062 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,883 |
| Capital Gain Net Income | $28,883 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $17 |
| Other expenses | $86 |
| Total operating and administrative expenses | $1,635 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $51,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,427 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $839,477 |
| 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, Hugh A Wyatt & Jean P Wyatt Foundation Inc has awarded $50,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
UPSTATE CHURCH OF CHRIST PURPOSE: BUDGET | $3,000 |
METRO MINISTRIES PURPOSE: BUDGET | $3,000 |
HILLCREST CHURCH OF CHRIST PURPOSE: BUDGET | $3,000 |
WOMEN'S CARE MEDICAL CENTER PURPOSE: BUDGET | $2,000 |
AMRIDGE UNIVERSITY PURPOSE: BUDGET | $8,000 |
CHRISTIAN RELIEF FUND PURPOSE: BUDGET | $8,000 |