Crofton Cares Inc
- Assets
- $7.4m
- Revenue
- $1.4m
- Investments
- $7.2m
- Employees
- 0
- Location
- Mayfield Hts, OH
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-4380443
Organization Overview
Crofton Cares Inc is located in Mayfield Hts, OH. The organization was established in 2016. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Crofton Cares Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Crofton Cares Inc has awarded 23 individual grants totaling $949,172. 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 |
|---|---|---|---|
Amy Southard Director | 0 | $0 | |
Michael Southard Pres, Sec, Treas, Dir | 2 | $0 | |
Ashley Southard London Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $595,990 |
| Interest on Savings | $29 |
| Dividends & Interest | $179,117 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $615,571 |
| Capital Gain Net Income | $615,571 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,390,707 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $225 |
| Total operating and administrative expenses | $85,679 |
| Contributions, gifts, grants paid | $326,684 |
| Total expenses and disbursements | $412,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,072 |
| 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 | $7,248,896 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,413,968 |
| Accounts payable and accrued expenses | $12,073 |
| 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 | $12,073 |
Grants Awarded
Over the last fiscal year, Crofton Cares Inc has awarded $326,684 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Tampa, FL PURPOSE: SOUTHARD FAMILY ANNUAL SCHOLARSHIP, GIVE DAY 2021 | $167,816 |
FLORIDA HOLOCAUST MUSEUM PURPOSE: GENERAL | $41,000 |
STARTING RIGHT NOW PURPOSE: GENERAL | $30,000 |
Cleveland, OH PURPOSE: GENERAL | $24,800 |
BIKUR CHOLIM OF CLEVELAND PURPOSE: GENERAL | $20,000 |
UNIVERSITY OF AKRON PURPOSE: GENERAL | $11,068 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anabaptist Foundation Lewisburg, PA | $47,495,861 | $36,276,504 |
Tournaments For Charity Dublin, OH | $4,978,426 | $26,375,151 |
The Lenfest Inst For Journalism Spe Asset Fund Of The Phl Foundation Philadelphia, PA | $99,634,192 | $14,397,650 |
Others First Inc Rochester Hills, MI | $4,306,956 | $11,125,375 |
Harrison County Community Foundation Support Organ Inc Corydon, IN | $251,226,152 | $18,808,603 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Passavant Hospital Foundation Pittsburgh, PA | $52,435,888 | $5,249,843 |
The Essential Foundation Fka Aqua Charitable Trust Bryn Mawr, PA | $32,073,281 | $19,000,000 |
The Meg And Bennett Goodman Family Foundation Jenkintown, PA | $50,458,470 | $11,004,981 |
Old National Bank Foundation Inc Evansville, IN | $1,059,679 | $25,162 |
Peyback Foundation Inc Independence, OH | $4,792,942 | $1,855,787 |
Kentucky Casa Network Inc Louisville, KY | $365,575 | $1,855,866 |