Grady M Salguero 11q Foundation Inc
- Assets
- $118.0k
- Revenue
- $53.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-4793246
Organization Overview
Grady M Salguero 11q Foundation Inc is located in Durham, NC. The organization was established in 2014. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grady M Salguero 11q 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 12/2023, Grady M Salguero 11q Foundation Inc generated $53.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $21.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEDICAL EQUIPMENT FOR GRADY M. SALGUERO
PROVIDE SPECIAL NUTRITION FOR GRADY M. SALGUERO
PROVIDE MEDICAL CARE FOR GRADY M. SALGUERO
11Q NATIONAL CONFERENCE/EDUCATION FOR CAREGIVERS RESEARCH OF 11Q DEFECT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Dickerson Director | 10 | $0 | |
Glen Mcclure Director | 2 | $0 | |
Drake Eggleston Director | 2 | $0 | |
Chris Hawkes Director | 10 | $0 | |
Darin Meece 0 | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,941 |
| Interest on Savings | $4,288 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,988 |
| Total operating and administrative expenses | $15,274 |
| Contributions, gifts, grants paid | $6,337 |
| Total expenses and disbursements | $21,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,569 |
| Savings and temporary cash investments | $111,442 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $118,011 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grady M Salguero 11q Foundation Inc has awarded $13,675 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRADY M SALGUERO PURPOSE: MEDICAL CARE & EQUIPMENT | $13,175 |
11Q RESEARCH & RESOURCE GROUP PURPOSE: RESEARCH OF 11Q DEFECT | $500 |