Babbitt Family Foundation
- Assets
- $182.1k
- Revenue
- $106.6k
- Investments
- $153.2k
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 05/2018
- Data as of
- 06/2022
- EIN
- 82-1899790
Organization Overview
Babbitt Family Foundation is located in Sioux Falls, SD. The organization was established in 2018. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babbitt Family 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 06/2022, Babbitt Family Foundation generated $106.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.0% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATIONAL CONSULTING TO IMPROVE OPERATIONAL EFFICIENCIES VOLUNTEER RECRUITMENT ANDOR DONOR ATTRACTION
PURCHASE OF CONSUMABLE GOODS FOR DONATION TO HOMELESS SHELTERS AND FOOD BANKS
DONATED FUNDS TO PRIVATE BUSINESSES INDIVIDUALS FOR THE PURPOSES OF EDUCATION AND BUSINESS IMPROVEMENTSREPAIRS
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 |
|---|---|---|---|
Anthony B Babbitt Treasurerdirector | 40 | $0 | |
Amanda C Babbitt Secretary | 40 | $0 | |
Spencer C Babbitt Presidentdirector | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,472 |
| Interest on Savings | $0 |
| Dividends & Interest | $712 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,409 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $18,000 |
| Travel, conferences, and meetings | $4,738 |
| Printing and publications | $149 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,119 |
| Contributions, gifts, grants paid | $14,370 |
| Total expenses and disbursements | $41,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,830 |
| 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 | $182,075 |
| 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, Babbitt Family Foundation has awarded $14,370 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHEZ MERE-GRAND PURPOSE: BUSINESS VANDALISM REPAIRWINDOWS | $5,000 |
Omaha, NE PURPOSE: CONSULTING ON MARKETING VOLUNTEER ACQUISION | $4,351 |
Omaha, NE PURPOSE: CONSULTING ON MARKETING VOLUNTEER ACQUISITION | $3,000 |
OLD BREWERY MISSION PURPOSE: SUPPORT ORGANIZATIONAL MISSION | $1,869 |
Omaha, NE PURPOSE: SUPPORT ORGANIZATIONAL MISSION | $150 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Babbitt Family Foundation has recieved totaling $403,531.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED | $403,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana School Boards Association Helena, MT | $8,543,490 | $5,402,567 |
Law Library Microform Consortium Eagan, MN | $11,334,404 | $1,991,474 |
1house2hands Inc Saint Paul, MN | $14,188,991 | $1,152,512 |
Des Moines Area Medical Education Consortium Inc Des Moines, IA | $299,396 | $859,432 |
Jackson Hole Classical Academy Foundation Jackson, WY | $23,219,839 | $2,213,502 |
Edvisions Schools Inc Henderson, MN | $292,391 | $695,381 |
Iowa Farm House Association Des Moines, IA | $3,717,609 | $526,820 |
School Administrators Of South Dakota Pierre, SD | $496,745 | $455,157 |
Arc Upper Valley Inc Grand Forks, ND | $748,542 | $513,794 |
Students Prepared To Succeed Saint Paul, MN | $121,320 | $386,582 |
Northern Lights Library Network Moorhead, MN | $350,640 | $228,155 |
Food For Hungry Minds Circle Pines, MN | $435,302 | $334,459 |