Larue Young Foundation
- Assets
- $1.5m
- Revenue
- $74.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 09/2002
- Data as of
- 12/2023
- EIN
- 81-0515546
Organization Overview
Larue Young Foundation is located in Sheridan, WY. The organization was established in 2002. 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. Larue Young 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, Larue Young Foundation generated $74.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Larue Young Foundation has awarded 30 individual grants totaling $515,500. 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 |
|---|---|---|---|
Frank Hagen President | 0 | $12,600 | |
Don Robbins Vice Preside | 0 | $0 | |
Robin Nansel Trustee | 0 | $0 | |
Kathy Helvey Trustee | 0 | $0 | |
Kylie Wyatt Sec/treas | 0 | $0 | |
Cindy Hagen Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,120 |
| Dividends & Interest | $38,355 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,675 |
| Capital Gain Net Income | $27,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $602 |
| Printing and publications | $0 |
| Other expenses | $62 |
| Total operating and administrative expenses | $27,019 |
| Contributions, gifts, grants paid | $34,503 |
| Total expenses and disbursements | $61,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,746 |
| 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 | $258,671 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $19,150 |
| Total assets | $1,458,382 |
| 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, Larue Young Foundation has awarded $34,503 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
5 CHILDREN WITH FINANCIAL NEED PURPOSE: MEDICAL COSTS & OTHER ASSISTANCE | $9,886 |
CHAPS EQUINE THERAPY PURPOSE: RENT AND SCHOLARSHIPS | $20,000 |
SHERIDAN COUNTY YMCA PURPOSE: FITNESS/AQUATIC CENTER | $2,500 |
SHERIDAN COUNTY SCHOOL DISTRICT 1 PURPOSE: CAREER & INDEPENDENT LIVING | $2,117 |