Helen Hodges Educational Charitable Trust
- Assets
- $594.9k
- Revenue
- $49.6k
- Investments
- $519.1k
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 08/1976
- Data as of
- 12/2021
- EIN
- 51-0183778
Organization Overview
Helen Hodges Educational Charitable Trust is located in Lubbock, TX. The organization was established in 1976. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Helen Hodges Educational Charitable Trust 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, Helen Hodges Educational Charitable Trust generated $49.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $49.7k during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS PROVIDED TO 21 STUDENTS AT TEXAS TECH UNIVERSITY OR LOCAL WEST TEXAS RESIDENTS STUDYING AT OTHER INSTITUTIONS OF HIGHER LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Fletcher Trustee | 0 | $0 | |
Connie Nicholson Trustee | 0 | $0 | |
Dr Frank Ramos Trustee | 0 | $0 | |
Natalie Steadman Trustee | 0 | $0 | |
Betsy Jones Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,502 |
| Dividends & Interest | $7,362 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $28,320 |
| Net ST Capital Gain | $3,234 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,981 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,223 |
| Contributions, gifts, grants paid | $38,500 |
| Total expenses and disbursements | $49,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,966 |
| 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 | $600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $225,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13,284 |
| Total assets | $594,937 |
| 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, Helen Hodges Educational Charitable Trust has awarded $38,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
MACY HAIGHT PURPOSE: SCHOLARSHIP | $2,500 |
ASHER GEORGE PURPOSE: SCHOLARSHIP | $2,500 |
TRAMONDRANIQUE HAWKINS PURPOSE: SCHOLARSHIP | $2,000 |
BROOKLYN ANDERSON PURPOSE: SCHOLARSHIP | $2,000 |
ERIN RICE PURPOSE: SCHOLARSHIP | $2,000 |
KRISTINE CHEN PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |
Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
Mc Neese State University Foundation Lake Charles, LA | $101,832,401 | $15,814,029 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
Provident Group - Tubman Quad Properties Inc Baton Rouge, LA | $65,014,017 | $2,517,219 |
Lsu Real Estate And Facilities Foundation Baton Rouge, LA | $27,883,351 | $21,043,945 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Plumbers And Steamfitters Health Welfare And Educational Fund Metairie, LA | $10,022,630 | $8,551,794 |
Mary R Gallaspy Charitable Trust No Two Natchitoches, LA | $32,819,833 | $7,568,243 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |
Texas High School Rodeo Association Inc Center, TX | $1,481,050 | $6,538,446 |