Charter For Charity Inc is located in Dallas, TX. The organization was established in 2014. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter For Charity 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, Charter For Charity Inc generated $19.1m in total revenue. All expenses for the organization totaled $19.1m during the year ending 12/2022. While expenses have increased by 93.9% 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.
Since 2020, Charter For Charity Inc has awarded 24 individual grants totaling $50,552,194. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION GRANTED 12,040.8 CHARITABLE FLIGHT HOURS ON AIRCRAFT
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUANCE OF FLIGHT HOURS TO SELECTED AND QUALIFIED NON-PROFIT ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Chairman | Officer | 10 | $0 |
Alex Rankin Executive Director | Officer | 5 | $0 |
Steven Marks Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $18,981,990 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $140,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,121,990 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,121,990 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $18,981,990 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,000 |
Fees for services: Accounting | $9,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,590 |
Information technology | $13,550 |
Royalties | $0 |
Occupancy | $48,950 |
Travel | $1,824 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,742 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $18,544 |
All other expenses | $0 |
Total functional expenses | $19,108,790 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $131,879 |
Savings and temporary cash investments | $25,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $150,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $306,879 |
Accounts payable and accrued expenses | $150,000 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $150,000 |
Net assets without donor restrictions | $131,879 |
Net assets with donor restrictions | $25,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $306,879 |
Over the last fiscal year, Charter For Charity Inc has awarded $18,612,730 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
PEPPERDINE UNIVERSITY | | | $4,168,500 |
ST JUDE CHILDRENS HOSPITAL | | | $3,985,750 |
UCLA | | | $3,425,680 |
VETERANS AIRLIFT COMMAND | | | $3,185,550 |
MAKE-A-WISH FOUNDATION | | | $3,159,750 |
WOUNDED WARRIOR FOUNDATION | | | $687,500 |
Over the last fiscal year, we have identified 2 grants that Charter For Charity Inc has recieved totaling $151,500.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: Operations Assistance | | $75,750 |
Organization Name not Listed PURPOSE: Operations Assistance | | $75,750 |
Organization Name | Assets | Revenue |
---|---|---|
Champion Ems Longview, TX | $11,009,206 | $30,026,331 |
Bernalillo Coutny Health Care Corp Albuquerque, NM | $14,723,531 | $35,457,354 |
Cypress Creek Emergency Medical Services Association Spring, TX | $12,924,581 | $25,446,163 |
Charter For Charity Inc Dallas, TX | $306,879 | $19,121,990 |
Driscoll Healthcare Services Corpus Christi, TX | $3,613,623 | $6,073,644 |
San Marcos Hays County Emergency Medical Services Incorporated San Marcos, TX | $9,633,517 | $10,514,043 |
Fort Smith Emergency Medical Services Fort Smith, AR | $7,949,224 | $9,319,827 |
South Texas Emergency Care Foundation Inc Harlingen, TX | $11,841,944 | $8,787,453 |
Bulverde Spring Branch Emergency Services Spring Branch, TX | $1,305,274 | $5,860,653 |
Vital Link Inc Batesville, AR | $6,568,213 | $8,670,349 |
South Lake Houston Emergency Medical Services Houston, TX | $3,725,481 | $5,724,831 |
Sheldon Community Volunteer Fire & Rescue Inc Houston, TX | $3,110,480 | $5,110,826 |