Terrance TK Kelly Foundation is located in Oakland, CA. The organization was established in 2005. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. Terrance TK Kelly Foundation 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 12/2019, Terrance TK Kelly Foundation generated $1.0 in total revenue. All expenses for the organization totaled $74.6k during the year ending 12/2019.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION STRIVES TO MOTIVATE YOUTH FROM IMPOVERISHED COMMUNITIES TO GAIN A BROADER VIEW OF THE WORLD, ENABLING THE YOUTH TO RISE ABOVE THE NEGATIVE CIRCUMSTANCES PREVALENT IN BOTH THE COMMUNITY AND THEIR LIVES. THE FOUNDATIONS PURPOSE IS TO IMPART THE DRIVE AND NECESSARY TOOLS FOR THE YOUTH TO SUCCEED AND BECOME RESPONSIBLE CITIZENS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Hugo President | 1.5 | $0 | |
Lamar Harris Treasurer | 1.5 | $0 | |
Bonnie Paulson Secretary | 1.5 | $0 | |
Robert Ladouceur Member | 0.5 | $0 | |
Terry Eldson Member | 0.5 | $0 | |
Sean Wilhelmy Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1 |
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 | $2,800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $71,791 |
Total expenses | $74,591 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |