Texas Lakes Trail is located in Granbury, TX. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Lakes Trail 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 08/2022, Texas Lakes Trail generated $89.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $102.1k during the year ending 08/2022. While expenses have increased by 2.1% per year over the past 7 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
PROMOTION OF NATIONAL HISTORIC PRESERVATION WEEK, TRAVEL AND WORKSHOP SPONSORSHIP TO PROMOTE THE TEXAS LAKES TRAIL REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Harman Director | 1 | $0 | |
John Akers Director | 0 | $0 | |
Billy Huckaby Past Pres | 1 | $0 | |
Harold Lawrence Director | 0 | $0 | |
Diana Vela Director | 1 | $0 | |
Sara Dudeluk President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $62,900 |
Total Program Service Revenue | $26,090 |
Membership dues | $0 |
Investment income | $23 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $89,013 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $71,109 |
Professional fees and other payments to independent contractors | $3,904 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $451 |
Other expenses | $26,620 |
Total expenses | $102,084 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,088 |
Other assets | $0 |
Total assets | $61,088 |
Total liabilities | $139 |
Net assets or fund balances | $60,949 |
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