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 12/2022, Adam Faulk Tanksley Foundation Inc generated $33.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (30.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ISABELLA SANTOS FOUNDATION-THIS ORGANIZATION RAISES FUNDS FOR PEDIATRIC CANCER RESEARCH SPECIFICALLY NEUROBLASTOMA RESEARCH AND BENEFITS HUNDREDS OF FAMILIES AND CHILDREN AFFECTED BY THIS DISEASE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Tanksley President | 2 | $0 | |
Sharon Tanksley Vice President | 3 | $0 | |
Lori Shell Treasurer | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,112 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $32,416 |
Other Revenue | $0 |
Total Revenue | $33,532 |
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 | $2,939 |
Total expenses | $7,894 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $174,079 |
Other assets | $0 |
Total assets | $174,079 |
Total liabilities | $50,000 |
Net assets or fund balances | $124,079 |