Mid-South Synergy Charitable Foundation Inc
- Assets
- $266.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Navasota, TX
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 27-4376574
Organization Overview
Mid-South Synergy Charitable Foundation Inc is located in Navasota, TX. The organization was established in 2013. 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. Mid-South Synergy Charitable 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, Mid-South Synergy Charitable Foundation Inc generated $184.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $161.5k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022 THE FOUNDATION GRANTED $157,743. THE FOUNDATION AWARDED $123,743 IN GRANTS TO 10 LOCAL CHARITIES AND FOOD BANKS, AND 34 $1,000 COLLEGE SCHOLARSHIPS TOTALING $34,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Kelton President | 1 | $0 | |
Mike Mcdougald Vice President | 1 | $0 | |
Andrew Dallmeyer Secretary | 1 | $0 | |
Marshall Shirley Chairman | 1 | $0 | |
James Morrison Director | 1 | $0 | |
Jack Shepherd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,807 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,647 |
| 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 | $3,025 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $736 |
| Total expenses | $161,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,497 |
| Other assets | $0 |
| Total assets | $266,626 |
| Total liabilities | $2,189 |
| Net assets or fund balances | $264,437 |