Mike Anderson Foundation is located in Little Rock, AR. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mike Anderson Foundation 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 12/2018, Mike Anderson Foundation generated $32.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $27.1k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDED GRANTS TO AID AND SUPPORT 501(C)(3) PUBLIC CHARITIES IN FURTHERING THEIR EXEMPT PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcheita Anderson President | 1 | $0 | |
Mike Anderson Vice President | 1 | $0 | |
Susan Mckay Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $114,730 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$82,033 |
Other Revenue | $0 |
Total Revenue | $32,697 |
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 | $1,571 |
Total expenses | $27,071 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,587 |
Other assets | $0 |
Total assets | $29,230 |
Total liabilities | $159 |
Net assets or fund balances | $29,071 |