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Nonprofiteer
← SAVAGE & ASSOCIATES FOUNDATION INC

Form 990 for tax year 2024

Filed by SAVAGE & ASSOCIATES FOUNDATION INC.

Totals

Total revenue
$357,518
Total expenses
$387,278
Contributions and grants received
$112,974
Grants paid
$292,925
Program service revenue
$0
Investment income
$0
Other revenue
$244,544
Total assets, end of year
$675,351
Total liabilities, end of year
$591,640
Net assets or fund balances, end of year
$83,711
Program services expenses (Part IX)
$387,278
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$387,278

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $97,974

  • 1f · All other contributions, gifts and grants

    $15,000

  • 1g · Noncash contributions included above

    $4,000

  • 8a · Fundraising events: gross income

    $40,762

  • 8a · Fundraising events: contributions included on line 1c

    $97,974

  • 8b · Fundraising events: direct expenses

    $44,732

  • 8c · Net income from fundraising events

    total -$3,970 · excluded -$3,970

  • 9a · Gaming: gross income

    $652,654

  • 9b · Gaming: direct expenses

    $404,140

  • 9c · Net income from gaming

    total $248,514 · excluded $248,514

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $292,925 · program services $292,925

  • 11c · Fees: accounting

    total $8,779 · program services $8,779

  • 12 · Advertising and promotion

    total $78,763 · program services $78,763

  • 13 · Office expenses

    total $6,811 · program services $6,811

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $453,750 · end of year $655,851

  • 3 · Pledges and grants receivable

    beginning of year $6,000 · end of year $19,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,279 · end of year $591,640

  • 18 · Grants payable

    beginning of year $325,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $113,471 · end of year $83,711

Mission and programs · 2024

Mission

TO SUPPORT LOCAL NOT FOR PROFITS.

  • THE SAVAGE & ASSOCIATES FOUNDATION, INC. HOLDS AN ANNUAL GOLF OUTING TO RAISE FUNDS THAT ARE GIVEN TO NON-PROFIT ORGANIZATIONS BENEFITING THOUSANDS OF INDIVIDUALS.

    Expenses $387,278 · Grants $292,925

As filed on the 2024 return.

Listed in Part VII

  • Ralph Toland III

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • Joel Tschantz

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1

  • Mark Smigelski

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1

  • Phillip Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GREATER TOLEDO HOME GIVEAWAY LLC

    FUNDRAISING · OH · income $667,654 · assets $614,231

    Directly controlled by SAVAGE & ASSOCIATES FOUNDATION INC

Provenance

Return type
form_990
Tax year
2024
Filed
3 June 2026
IRS schema version
2024v5.5
Source object
202631599349301068

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