Harold M Henderson Benevolent Fund 529 1055001388
- Assets
- $354.2k
- Revenue
- $35.2k
- Investments
- $331.3k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 02/1974
- Data as of
- 12/2021
- EIN
- 63-6063503
Organization Overview
Harold M Henderson Benevolent Fund 529 1055001388 is located in Birmingham, AL. The organization was established in 1974. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Harold M Henderson Benevolent Fund 529 1055001388 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, Harold M Henderson Benevolent Fund 529 1055001388 generated $35.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $16.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Hubert W Goings Jr Trustee | 1 | $0 | |
Mr Harold H Goings Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,344 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,826 |
| Capital Gain Net Income | $26,826 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,386 |
| Contributions, gifts, grants paid | $9,000 |
| Total expenses and disbursements | $16,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,894 |
| 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 | $331,340 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $354,234 |
| 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, Harold M Henderson Benevolent Fund 529 1055001388 has awarded $9,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ROOTED MINISTRY PURPOSE: GENERAL OPERATING | $2,000 |
BIRMINGHAM MUSEUM OF ART PURPOSE: GENERAL OPERATING | $1,500 |
ALABAMA POSSIBLE PURPOSE: GENERAL OPERATING | $1,500 |
Birmingham, AL PURPOSE: GENERAL OPERATING | $1,500 |
BIG LIFE INTERNATIONAL INC PURPOSE: GENERAL OPERATING | $1,000 |
CHRIST PRESBYTERIAN CHURCH PURPOSE: GENERAL OPERATING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Mr & Mrs E H Sumners Foundation Jackson, MS | $72,595,869 | $8,309,284 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |