Maggie Welby Foundation
- Assets
- $88.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ofallon, MO
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 20-3983205
Organization Overview
Maggie Welby Foundation is located in Ofallon, MO. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maggie Welby 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 12/2021, Maggie Welby Foundation generated $50.8k 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 (4.6%) each year. All expenses for the organization totaled $61.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikki Playle Board Member | 2 | $0 | |
Jamie Welby President | 7 | $0 | |
Stacie Ballard Treasurer | 5 | $0 | |
Jim Welby Secretary | 7 | $0 | |
Chris Corrigan Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,475 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,162 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,166 |
| Other Revenue | $0 |
| Total Revenue | $50,803 |
| 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 | $4,570 |
| Total expenses | $61,355 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,310 |
| Other assets | $0 |
| Total assets | $88,310 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,310 |
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