Hondros Family Foundation Inc
- Assets
- $2.4m
- Revenue
- $161.4k
- Investments
- $1.0
- Employees
- 0
- Location
- Westerville, OH
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-0563295
Organization Overview
Hondros Family Foundation Inc is located in Westerville, OH. The organization was established in 2019. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hondros Family 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 12/2023, Hondros Family Foundation Inc generated $161.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $486.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hondros Family Foundation Inc has awarded 36 individual grants totaling $2,094,298. 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 |
|---|---|---|---|
Kelly L Hondros Director, Secretary | 0 | $0 | |
Linda A Schwan Hondros Director, President | 0 | $0 | |
David Sahr Director, Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,569 |
| Interest on Savings | $22,430 |
| Dividends & Interest | $11,923 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,255 |
| Capital Gain Net Income | $46,255 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $196 |
| Total Revenue | $161,373 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,619 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31 |
| Total operating and administrative expenses | $13,986 |
| Contributions, gifts, grants paid | $472,169 |
| Total expenses and disbursements | $486,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,426,491 |
| 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 | $1 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,426,492 |
| 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 | $5,000 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Hondros Family Foundation Inc has awarded $472,169 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO HEALTH FOUNDATION PURPOSE: SUPPORT | $401,000 |
OUR LADY OF THE WOODS PURPOSE: SUPPORT | $1,500 |
YWCA PURPOSE: SUPPORT | $2,600 |
10X PROPERTY MANAGEMENT PURPOSE: SUPPORT | $10,069 |
DML III FOUNDATION PURPOSE: SUPPORT | $10,000 |
ROCKY FORK COUNTRY CLUB PURPOSE: SUPPORT | $1,000 |