Debley Inc
- Assets
- $2.9m
- Revenue
- $36.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- New Market, AL
- Founding
- 05/1963
- Data as of
- 08/2023
- EIN
- 23-7008332
Organization Overview
Debley Inc is located in New Market, AL. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Debley 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 08/2023, Debley Inc generated $36.5k 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 (35.0%) each year. All expenses for the organization totaled $337.0k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Debley Inc has awarded 215 individual grants totaling $1,723,909. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodie Clements Chair | 0 | $0 | |
Ben Osbun Jr Treasurer | 0 | $0 | |
Amy Castor Secretary | 0 | $0 | |
Dana Halberg Pless Trustee | 0 | $0 | |
Katherine O Maki Trustee | 0 | $0 | |
Anna Pless Peel Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,793 |
| Dividends & Interest | $36,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29,695 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,542 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,626 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,067 |
| Printing and publications | $0 |
| Other expenses | $667 |
| Total operating and administrative expenses | $43,506 |
| Contributions, gifts, grants paid | $293,500 |
| Total expenses and disbursements | $337,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $138,640 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $300,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,859,215 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Debley Inc has awarded $293,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA GIRL'S SCHOOL PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION. | $1,000 |
ATLANTA GROWING LEADERSHIP OF WOMEN PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION. | $6,000 |
CHOIR SCHOOL OF DELAWARE PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION | $12,000 |
COLLEGE AIM INC PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION. | $10,000 |
EMPOWERED POOR INC PURPOSE: TO TRANFORM LIVES BY EMPOWERING INDIVIDUALS AND FAMILIES THROUGH MICRO-LENDING, EDUCATION AND HEALTHCARE | $15,000 |
COMMUNITY FREE DENTAL CLINIC PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION. | $5,000 |