Gulf Power Transformers Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 20-0802269
Organization Overview
Gulf Power Transformers Inc is located in Pensacola, FL. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community 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. Gulf Power Transformers 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 12/2021, Gulf Power Transformers Inc generated $449.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (59.5%) each year. All expenses for the organization totaled $73.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BUILDING STRONGER COMMUNITIES THROUGH VOLUNTEERING IN THE COMMUNITY AND CHARITABLE FUNDRAISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Sims Director | 1 | $0 | |
Charles Boyett Director | 1 | $0 | |
Wesley Hudgens Director | 1 | $0 | |
Brian Mccaul Director | 1 | $0 | |
Charles Byars President | 1 | $0 | |
Alea Williams Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $417 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $449 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,900 |
| Total expenses | $73,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Gulf Power Transformers Inc has awarded $50,592 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Panama City, FL PURPOSE: LIHEAP, GENERAL DONATION | $11,500 |
Lynn Haven, FL PURPOSE: GENERAL DONATION | $10,000 |
Panama City, FL PURPOSE: GENERAL DONATION | $9,838 |
Pensacola, FL PURPOSE: STUFF THE BUS SUPPLY DRIVE FOR KIDS, EMPLOYEE PLEDGE CAMPAIGN | $7,580 |
Pensacola, FL PURPOSE: GENERAL DONATION | $5,837 |
MARGARET K LEWIS SCHOOL PURPOSE: GENERAL DONATION | $5,837 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gulf Power Transformers Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $5,000 |
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
Community Foundation Of South Alabama Mobile, AL | $98,008,361 | $13,565,867 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |
Broward College Foundation Inc Fort Lauderdale, FL | $94,582,398 | $4,710,688 |
Black Belt Community Foundation Inc Selma, AL | $7,710,786 | $9,571,772 |
Manatee Community Foundation Inc Bradenton, FL | $57,782,445 | $10,792,058 |
Love Thy Neighbor Too Alpharetta, GA | $21,169,180 | $7,400,617 |
Community Foundation Of Northwest Georgia Inc Dalton, GA | $78,026,679 | $15,780,742 |
Regions Foundation Birmingham, AL | $110,509,488 | $11,829,710 |
Central Florida Foundation Inc Orlando, FL | $80,276,418 | $7,840,274 |
Central Alabama Community Foundation Inc Montgomery, AL | $93,881,610 | $11,219,091 |
Community Foundation Of Greater Huntsville Huntsville, AL | $48,014,878 | $14,690,741 |