Friends Of Mike Clement
- Assets
- $29.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, TX
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-1704137
Organization Overview
Friends Of Mike Clement is located in Georgetown, TX. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Mike Clement 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, Friends Of Mike Clement generated $22.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $17.1k during the year ending 12/2021. 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
WE RAISED ENOUGH FUNDS DURING PANDEMIC 2021 TO AWARD COLLEGE SCHOLARSHIPS TO STUDENTS. WE RESUMED HOSTING OUR ANUAL GOLF TOURNAMENT, AND OUR DONORS CONTRIBUTED DIRECTLY TO SUPPORT OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Casey Director | 2 | $0 | |
David Clement Director | 0 | $0 | |
Ron Lawhon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,762 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,774 |
| 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 | $6,103 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $17,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,208 |
| Other assets | $0 |
| Total assets | $29,208 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,208 |
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