Otter Island Foundation
- Assets
- $2.8m
- Revenue
- $56.2k
- Investments
- $2.7m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 76-0421104
Organization Overview
Otter Island Foundation is located in Houston, TX. The organization was established in 1994. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Otter Island 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 12/2022, Otter Island Foundation generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $233.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Otter Island Foundation has awarded 643 individual grants totaling $1,213,524. 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 |
|---|---|---|---|
Ellen Cl Simmons President,vp,treasurer | 0 | $0 | |
Wheeler Es Griffith Executive Director | 10 | $25,000 | |
Abby S Walker Director | 0 | $0 | |
Emma A Simmons Anselmi Director | 0 | $0 | |
Winnie B Simmons Phillips Director | 0 | $0 | |
Lydia F Simmons Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $695 |
| Dividends & Interest | $39,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,648 |
| Capital Gain Net Income | $15,648 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,175 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,275 |
| Total operating and administrative expenses | $36,585 |
| Contributions, gifts, grants paid | $196,401 |
| Total expenses and disbursements | $232,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,969 |
| Savings and temporary cash investments | $58,337 |
| 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 | $3,200 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,823,689 |
| 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, Otter Island Foundation has awarded $196,401 in support to 104 organizations.
| Grant Recipient | Amount |
|---|---|
ALFORD LAKE CAMP PURPOSE: SCHOLARSHIPS | $500 |
ALLEY THEATRE PURPOSE: ANNUAL FUND CAMPAIGN | $1,000 |
ALZHEIMER'S FOUNDATION OF AMERICA PURPOSE: ANNUAL FUND CAMPAIGN | $1,500 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION PURPOSE: ANNUAL FUND | $2,500 |
BARBARA BUSH HOUSTON LITERACY FOUNDATION PURPOSE: SPONSOR A CHILD FOR MY HOME LIBRARY PROGRAM | $300 |
ANNUNCIATION ORTHODOX SCHOOL PURPOSE: ANNUAL FUND CAMPAIGN | $1,000 |