Lackey Foundation Inc
- Assets
- $518.1k
- Revenue
- $64.5k
- Investments
- $469.1k
- Employees
- 0
- Location
- Spring Hill, TN
- Founding
- 09/2000
- Data as of
- 12/2022
- EIN
- 62-1790381
Organization Overview
Lackey Foundation Inc is located in Spring Hill, TN. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lackey 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 12/2022, Lackey Foundation Inc generated $64.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lackey Foundation Inc has awarded 56 individual grants totaling $244,020. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Ott Director | 1 | $0 | |
Harriet Harper Secretary/director | 1 | $0 | |
Ron Harper President/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,322 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$323 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,600 |
| Contributions, gifts, grants paid | $35,400 |
| Total expenses and disbursements | $37,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,849 |
| Savings and temporary cash investments | $19,146 |
| 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 | $518,112 |
| 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, Lackey Foundation Inc has awarded $35,400 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN LEADERSHIP CONCEPTS PURPOSE: OPERATING SUPPORT | $6,900 |
FRANKLIN CLASSICAL SCHOOL PURPOSE: OPERATING SUPPORT | $1,000 |
ONE GENERATION AWAY PURPOSE: OPERATING SUPPORT | $2,500 |
GREATER EUROPEAN MISSION PURPOSE: OPERATING SUPPORT | $1,000 |
WALKER MEMORIAL BAPTIST CHURCH PURPOSE: OPERATING SUPPORT | $7,000 |
YOUNG LIFE PURPOSE: OPERATING SUPPORT | $17,000 |