Good Ole Boy Foundation Inc is located in Millsboro, DE. The organization was established in 2014. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Ole Boy 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, Good Ole Boy Foundation Inc generated $98.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $59.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
CHRISTMAS GIFTS FOR 40+ FAMILIES, TEMP HOUSING, UTILITIES, RENT, GROCERIES, MEDICAL, FUNERAL EXPENSES, THANKSGIVING MEALS, AND HOME REPAIRS FOR FAMILIES THROUGHOUT THE COMMUNITY.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,061 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $98,061 |
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 | $59,482 |
Total expenses | $59,482 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $99,040 |
Other assets | $0 |
Total assets | $110,540 |
Total liabilities | $0 |
Net assets or fund balances | $110,540 |
Over the last fiscal year, we have identified 2 grants that Good Ole Boy Foundation Inc has recieved totaling $11,500.
Awarding Organization | Amount |
---|---|
Draper Holding Charitable Foundation Inc Salisbury, MD PURPOSE: TO ASSIST DELMARVA'S LESS FORTUNATE CHILDREN. | $9,000 |
Del-One Foundation Dover, DE PURPOSE: TO SUPPORT ACTIVITY | $2,500 |
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