Allegiant Foundation Inc
- Assets
- $367.9k
- Revenue
- $478.1k
- Investments
- $328.7k
- Employees
- 0
- Location
- Duluth, GA
- Founding
- Data as of
- 06/2024
- EIN
- 85-4124889
Organization Overview
Allegiant Foundation Inc is located in Duluth, GA. 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. Allegiant 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, Allegiant Foundation Inc generated $478.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $21.2k during the year ending 06/2024. While expenses have increased by 9.0% 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 |
|---|---|---|---|
Jeffrey Taylor Ceo/secretary | 2 | $0 | |
Ashley Taylor CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $289,038 |
| Interest on Savings | $1,048 |
| Dividends & Interest | $4,604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $183,385 |
| Capital Gain Net Income | $183,385 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $478,075 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,684 |
| Contributions, gifts, grants paid | $18,500 |
| Total expenses and disbursements | $21,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,184 |
| 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 | $367,920 |
| 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, Allegiant Foundation Inc has awarded $18,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WCSSC CHARITY FOUNDATION PURPOSE: ANNUAL CONTRIBUTION | $500 |
HOPE CLINIC PURPOSE: ANNUAL CONTRIBUTION | $200 |
WOUNDED WARRIORS FOUNDATION PURPOSE: ANNUAL CONTRIBUTION | $50 |
VA TECH UNIVERSITY PURPOSE: ANNUAL CONTRIBUTION | $5,000 |
643 BASEBALL FOUNDATION PURPOSE: ANNUAL CONTRIBUTION | $5,000 |
THETA CHI FOUNDATION PURPOSE: ANNUAL CONTRIBUTION | $250 |