Glade M Edwards Foundation Inc
- Assets
- $602.8k
- Revenue
- $28.9k
- Investments
- $600.8k
- Employees
- 0
- Location
- Thermopolis, WY
- Founding
- 03/1985
- Data as of
- 06/2024
- EIN
- 83-0271524
Organization Overview
Glade M Edwards Foundation Inc is located in Thermopolis, WY. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Glade M Edwards 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 06/2024, Glade M Edwards Foundation Inc generated $28.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $26.0k during the year ending 06/2024. While expenses have increased by 5.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James V Wilson President | 0 | $150 | |
Dana M Mcdermott Treasurer | 0 | $150 | |
Amy Ready Secretary | 0 | $150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,212 |
| Dividends & Interest | $24,680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $450 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $652 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $2,026 |
| Contributions, gifts, grants paid | $24,019 |
| Total expenses and disbursements | $26,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,988 |
| 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 | $549,573 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $602,761 |
| 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, Glade M Edwards Foundation Inc has awarded $24,019 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THERMOPOLIS GOLF COURSE PURPOSE: COURSE OPERATION | $3,600 |
HOT SPRINGS COUNTY FAIR BOARD PURPOSE: 4-H AWARDS & FAMILY FUN NIGHT | $3,500 |
GOTTSCHE REHAB & WELLNESS PURPOSE: EQUIPMENT | $4,169 |
TOWN OF THERMOPOLIS PURPOSE: GLADE EDWARDS PARK | $10,250 |
HOT SPRINGS COUNTY MUSEUM PURPOSE: MUSEUM OPERATION | $2,500 |