Adam Faulk Tanksley Foundation Inc
- Assets
- $98.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waxhaw, NC
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-3443806
Organization Overview
Adam Faulk Tanksley Foundation Inc is located in Waxhaw, NC. The organization was established in 2009. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adam Faulk Tanksley Foundation 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, Adam Faulk Tanksley Foundation Inc generated $64.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $108.6k 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 |
|---|---|---|---|
Michael Tanksley President | 2 | $0 | |
Sharon Tanksley Vice President | 3 | $0 | |
Lori Shell Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,310 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $62,878 |
| Other Revenue | $0 |
| Total Revenue | $64,189 |
| 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 | $4,192 |
| Total expenses | $108,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,441 |
| Other assets | $0 |
| Total assets | $98,441 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,441 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adam Faulk Tanksley Foundation Inc has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commonwealth Foundation For Cancer Research Foundation Richmond, VA | $31,990,703 | $16,751,552 |
Research Triangle Foundation Of North Carolina Research Triangle Park, NC | $210,917,305 | $40,089,804 |
Nashville Wine Auction Nashville, TN | $1,455,016 | $3,050,154 |
South Carolina Medical Association Foundation Columbia, SC | $2,934,149 | $977,722 |
Regenmed Development Organization Winstonsalem, NC | $1,918,667 | $1,082,279 |
T J Martell Foundation Nashville, TN | $1,696,815 | $381,037 |
Fore Batten Foundation Chapel Hill, NC | $1,880,374 | $1,570,342 |
Isakson Initiative Inc Atlanta, GA | $1,622,312 | $1,140,837 |
Paula Takacs Foundation For Sarcoma Research Weddington, NC | $577,201 | $617,474 |
A Cure In Sight Raleigh, NC | $90,213 | $324,456 |
Herbert Kosten Pancreatic Cancer Charitable Fund Memphis, TN | $314,081 | $160,097 |
Challenge To Conquer Cancer Greenville, SC | $15,012 | $206,385 |