Tree Of Promise
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rusk, TX
- Founding
- 04/2014
- Data as of
- 12/2020
- EIN
- 46-2451234
Organization Overview
Tree Of Promise is located in Rusk, TX. The organization was established in 2014. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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. Tree Of Promise 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 12/2020, Tree Of Promise generated $24.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (42.1%) each year. All expenses for the organization totaled $42.8k during the year ending 12/2020. 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 |
|---|---|---|---|
Patrick Hardy Executive Director | 25 | $12,499 | |
Kim Beathard Jobs For Life Coordinator | 10 | $2,083 | |
Oliver Sturns Vice President | 1 | $0 | |
Jerry Leviston Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,523 |
| 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 | $24,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,583 |
| Professional fees and other payments to independent contractors | $766 |
| Occupancy, rent, utilities, and maintenance | $3,605 |
| Printing, publications, postage, and shipping | $122 |
| Other expenses | $80 |
| Total expenses | $42,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,584 |
| Other assets | $0 |
| Total assets | $4,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,584 |