Risklinkorg Foundation
- Assets
- $722.4k
- Revenue
- $116.4k
- Investments
- $706.8k
- Employees
- 0
- Location
- Homer Glen, IL
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 81-4778317
Organization Overview
Risklinkorg Foundation is located in Homer Glen, IL. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Risklinkorg 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 12/2021, Risklinkorg Foundation generated $116.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $167.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED PEOPLE WHO WISH TO ENTER AND WORK IN THE INSURANCE INDUSTRY, AS WELL AS PROVIDE CHARITABLE CONTRIBUTIONS TO WORTHY CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Geerdes Chief Financial Officer | 1 | $0 | |
Cheryl Williams Board Member | 0.5 | $0 | |
Jeffrey Zych President & CEO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $93,712 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $33,751 |
| Net ST Capital Gain | $16,222 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,000 |
| Total Revenue | $116,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $70,950 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,932 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,229 |
| Printing and publications | $0 |
| Other expenses | $4,221 |
| Total operating and administrative expenses | $112,214 |
| Contributions, gifts, grants paid | $55,165 |
| Total expenses and disbursements | $167,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,474 |
| Savings and temporary cash investments | $3,138 |
| 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 | $71,259 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $722,390 |
| Accounts payable and accrued expenses | $1,653 |
| 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 | $1,653 |
Grants Awarded
Over the last fiscal year, Risklinkorg Foundation has awarded $55,165 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: INNER-CITY YOUTH EDUCATIONPROGRAM & COLLEGE FUNDINGFOR H.S. GRADUATES | $40,000 |
Virginia Beach, VA PURPOSE: TO FULFILL MISSION OF SERVICETO WARRIORS AND FAMILIES OFNAVAL SPECIAL WARFARE | $2,500 |
Oxford, OH PURPOSE: ASSIST IN PAYING INCREASINGCOSTS OF EDUCATION.THOMAS C. MOCELLA SCHOLARSHIP | $2,500 |
Oxford, OH PURPOSE: ASSIST IN PAYING INCREASINGCOSTS OF EDUCATION. GIGWRIGHT GRAD. FELLOWSHIP | $2,500 |
VILLAGE OF HOMER GLEN PURPOSE: SIGN CAMPAIGN-SPONSORSHIPFOR SIGN COSTS PROMOTINGCOMMUNITY EVENTS | $2,243 |
Oxford, OH PURPOSE: PERSONAL,ACADEMIC ANDPROFESSIONAL DEVELOPMENT OFFUTURE BUSINESS LEADERS | $1,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lesea Global Feed The Hungry Inc South Bend, IN | $8,955,303 | $44,845,049 |
Terra Foundation For American Art Chicago, IL | $631,506,305 | $28,063,083 |
Johnny Morris Foundation Springfield, MO | $120,561,207 | $600,000 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |