Three Rivers Foundation For The Arts And Sciences Inc
- Assets
- $13.8m
- Revenue
- $706.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Crowell, TX
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 03-0535585
Organization Overview
Three Rivers Foundation For The Arts And Sciences Inc is located in Crowell, TX. The organization was established in 2004. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Rivers Foundation For The Arts And Sciences 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 12/2022, Three Rivers Foundation For The Arts And Sciences Inc generated $706.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 10.7% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK WITH EDUCATORS AND COMMUNITY LEADERS FOR THE ADVANCEMENT OF NATURE, ART AND SCIENCE AWARENESS AMONG THE PUBLIC AND STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Fred Koch Chairman | 0 | $0 | |
Ken C Fergeson Direcot | 0 | $0 | |
Kenneth Horton Secretary/treasurer | 0 | $0 | |
Bob England Presiding Officer | 0 | $0 | |
Anne Adkins Director | 0 | $0 | |
David Moody Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barker Bros Construction | 12/30/22 | $240,272 |
Booe Commercial Roofint | 12/30/22 | $235,759 |
Hindman Ready Built Homes | 12/30/22 | $116,576 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $485,224 |
| Interest on Savings | $6,275 |
| Dividends & Interest | $1,552 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,782 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $200,390 |
| Total Revenue | $706,223 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $62,267 |
| Other employee salaries and wages | $318,089 |
| Pension plans, employee benefits | $53,292 |
| Interest | $0 |
| Taxes | $33,347 |
| Depreciation | $216,413 |
| Occupancy | $820,132 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $140,281 |
| Total operating and administrative expenses | $1,667,554 |
| Contributions, gifts, grants paid | $860 |
| Total expenses and disbursements | $1,668,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,222 |
| Savings and temporary cash investments | $247,210 |
| 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 | $1,371 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $10,780,063 |
| Other assets | $2,761,744 |
| Total assets | $13,806,610 |
| Accounts payable and accrued expenses | $7,488 |
| 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 | $7,488 |
Grants Awarded
Over the last fiscal year, Three Rivers Foundation For The Arts And Sciences Inc has awarded $860 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTER RICKS PURPOSE: SCHOLARSHIP | $500 |
QUANAH CHAMBER OF COMMERCE PURPOSE: GENERAL SUPPORT | $360 |