Cortez Henderson Sconyers Tr
- Assets
- $9.0m
- Revenue
- $330.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Sycamore, GA
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 58-6288838
Organization Overview
Cortez Henderson Sconyers Tr is located in Sycamore, GA. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Cortez Henderson Sconyers Tr 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, Cortez Henderson Sconyers Tr generated $330.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $381.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cortez Henderson Sconyers Tr has awarded 12 individual grants totaling $317,140. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS ARE GIVEN TO STUDENTS IN THE TURNER COUNTY, GA AREA. A SCHOLARSHIP BANQUET IS HELD TO HONOR AND RECOGNIZE THESE STUDENTS. IN 2022, 28 STUDENTS WERE GIFTED COLLEGE EDUCATION SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William D Reinhardt Trustee | 3 | $24,000 | |
David T Floyd Trustee | 4 | $24,000 | |
Humphrey Mccard Trustee | 3 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,252 |
| Dividends & Interest | $34,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $38,796 |
| Net ST Capital Gain | $158 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $330,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,717 |
| Taxes | $37,541 |
| Depreciation | $142,049 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,019 |
| Total operating and administrative expenses | $290,861 |
| Contributions, gifts, grants paid | $90,640 |
| Total expenses and disbursements | $381,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,624 |
| 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 | $1,176,315 |
| 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 | $1,599,674 |
| Other assets | $4,464,838 |
| Total assets | $8,970,273 |
| 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 | $181,494 |
| Other liabilities | $4,774 |
| Total liabilities | $186,268 |
Grants Awarded
Over the last fiscal year, Cortez Henderson Sconyers Tr has awarded $90,640 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SYCAMORE METHODIST CHURCH PURPOSE: TO PROVIDE FUNDS TOSUPPORT MORAL STANDARDSIN THE COMMUNITY | $10,000 |
TURNER COUNTY HEALTH DEPARTMENT PURPOSE: TO PROMOTE HEALTHYLIFESTYLE FOR RESIDENTSOF TURNER COUNTY, GA | $10,000 |
SCHOLARSHIPS-VARIOUS PURPOSE: TO PROVIDE ASSISTANCETO DESERVING STUDENTSFOR COLLEGE EDUCATION | $45,640 |
TURNER COUNTY SCHOOL DISTRICT PURPOSE: TO PROMOTE AND IMPROVE STUDENTEDUCATION AND DEVELOPMENTIN TURNER COUNTY, GA | $25,000 |