Twinkling Eyes Foundation
- Assets
- $3.2m
- Revenue
- $426.8k
- Investments
- $2.0m
- Employees
- 0
- Location
- Mount Pleasant, SC
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 26-1098195
Organization Overview
Twinkling Eyes Foundation is located in Mount Pleasant, SC. The organization was established in 2009. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twinkling Eyes 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, Twinkling Eyes Foundation generated $426.8k in total revenue. All expenses for the organization totaled $329.2k during the year ending 12/2021. While expenses have increased by 4.9% 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PEOPLE WITH DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Medved Chairman/ceo | 10 | $85,000 | |
Wiiliam Medved Vice President/ Secretary | 35 | $85,000 | |
Steve Perraud Director | 1 | $3,500 | |
Charles Lockard Director | 1 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $124 |
| Dividends & Interest | $62,602 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $364,040 |
| Capital Gain Net Income | $364,040 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $426,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $177,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,146 |
| Interest | $0 |
| Taxes | $13,005 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,538 |
| Printing and publications | $0 |
| Other expenses | $37,676 |
| Total operating and administrative expenses | $273,238 |
| Contributions, gifts, grants paid | $56,000 |
| Total expenses and disbursements | $329,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $1,115,583 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,161,046 |
| 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 | $44,523 |
| Total liabilities | $44,523 |
Grants Awarded
Over the last fiscal year, Twinkling Eyes Foundation has awarded $56,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Alexandria, VA PURPOSE: GENERAL PURPOSE | $12,500 |
Alexandria, VA PURPOSE: GENERAL PURPOSE | $10,000 |
DMH FOUNDATION PURPOSE: GENERAL PURPOSE | $5,150 |
ADAPTIVE SPORTS CENTER PURPOSE: GENERAL PURPOSE | $5,149 |
COREY C GRIFFIN FOUNDATION PURPOSE: GENERAL PURPOSE | $5,000 |
FREEDOM SERVICE DOGS OF AMERICA PURPOSE: ADMIN - 09/01/22 06:07PM WORKSHEET PRIVATE FOUNDATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jason And Adriana West Foundation Cary, NC | $5,027,452 | $160,716 |
Cleveland High School Band Parents Association Garner, NC | $80,928 | $387,764 |
Twinkling Eyes Foundation Mount Pleasant, SC | $3,161,046 | $426,766 |
Georgia Credit Union Foundation Duluth, GA | $281,860 | $200,370 |
Atlantic Beach King Mackerel Fishing Tournament Inc Goldsboro, NC | $130,974 | $329,635 |
Country Club Of North Carolina Foundation Inc Pinehurst, NC | $360,772 | $448,774 |
The Warrior Thunder Foundation Inc Columbia, SC | $68,620 | $131,665 |
Cresswind Ll Community Fund Inc Gainesville, GA | $49,468 | $149,410 |
Lucy Harper Grier Benevolent Foundation Spartanburg, SC | $2,059,367 | $226,329 |
Paddle 4 Troops Inc Surf City, NC | $102,930 | $0 |
Pay It Forward Athens Watkinsville, GA | $1,353 | $0 |
Operation Turbo Inc Hilton Head Island, SC | $153,606 | $0 |