Richard Hill Wunderwerks Foundation Inc is located in Valdosta, GA. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Richard Hill Wunderwerks Foundation Inc 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, Richard Hill Wunderwerks Foundation Inc generated $102.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $20.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CARRIED OUT AN ARTS-BASED EDUCATION PROGRAM COMMITTED TO ENRICHING STUDENTS' EDUCATION WITH ARTS EDUCATION THAT EQUIPS YOUTH WITH NEW CREATIVE SKILLS. CLASSES ARE HELD FOR CHILDREN AT THE BOYS & GIRLS CLUB AND PLANS ARE IN THE "WERKS" FOR A BOY SCOUT MERIT BADGE IN ART PROGRAM. IN ADDITION, ART SUPPLIES ARE PROVIDED TO THE SPECIAL EDUCATION STUDENT PROGRAM AT PINEVALE MIDDLE SCHOOL, THE HAVEN & TO "GIRLS ON THE RUN."
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Richard Hill President | 0 | $0 | |
Robert Lewis Hill Vice Pres | 0 | $0 | |
Shanna Lee Hall Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,081 |
| Capital Gain Net Income | $9,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $521 |
| Depreciation | $0 |
| Occupancy | $287 |
| Travel, conferences, and meetings | $881 |
| Printing and publications | $0 |
| Other expenses | $17,653 |
| Total operating and administrative expenses | $20,842 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $20,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,417 |
| 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 | $554,227 |
| 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 |