The Henrik Stenson Foundation Inc

EIN: 270760295 501(c)(3) Human Services

Mooresville, NC

Total Revenue
$62,354
Total Expenses
$256,290
Total Assets
$788,611
Net Assets
$788,611
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
Henrik Stenson
Phone
4405433310
Tax Period
2024-01-01 to 2024-12-31

The Henrik Stenson Foundation Inc, founded in 2009, is a micro nonprofit in the Human Services sector that reported $62K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $256K exceeded revenue, resulting in a 311% operating deficit.

Mission

Through the support of initiatives that support children's ability to grow, as human beings and athletes in the ambition to fulfill their potential, The Henrik Stenson Foundation aims to inspire and push children in their "Pursuit of Perfection". Be it as golfers or maybe other sports. Children with a dream and an ambition to match will be provided resources to start them on their mission in life and athletics. Through this initiative, The Henrik Stenson Foundation attempts to provide the initial spark to a substantial quest in life and sports, but in no way take the control away from the team or the individual, with full respect for their personal integrity and responsibility for their own endeavors.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,734
Program Service Revenue $0
Investment Income $9,130
Other Revenue $490
TOTAL REVENUE $62,354

Expense Breakdown

Grants Paid $11,228
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $256,290
Other Expenses $245,062
TOTAL EXPENSES $256,290

Year-over-Year Comparison

2024 2023 Change
Revenue $62,354 $223,695 -0.7%
Expenses $256,290 $148,709 +0.7%
Net Income $-193,936 $74,986 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Henrik Olof Stenson Director 2.00
Director
$0 $0 $0
Emma Stenson Director 2.00
Director
$0 $0 $0
Philip James Barker Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $62,354 $256,290 $788,611 $-193,936
2023 $223,695 $148,709 $982,090 $74,986
2022 $173,097 $97,728 $907,104 $75,369
2021 $145,670 $84,772 $874,861 $60,898
2020 $206,825 $61,554 $770,837 $145,271
2019 $138,629 $57,716 $625,566 $80,913
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