Carl T Hare Foundation Fbo Bevill State 529 1055001351
- Assets
- $1.1m
- Revenue
- $25.9k
- Investments
- $1.0m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 63-6118485
Organization Overview
Carl T Hare Foundation Fbo Bevill State 529 1055001351 is located in Birmingham, AL. The organization was established in 2001. 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. Carl T Hare Foundation Fbo Bevill State 529 1055001351 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, Carl T Hare Foundation Fbo Bevill State 529 1055001351 generated $25.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $84.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $9,881 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,032 |
| Capital Gain Net Income | $16,032 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,201 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $336 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,049 |
| Total operating and administrative expenses | $10,750 |
| Contributions, gifts, grants paid | $74,057 |
| Total expenses and disbursements | $84,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,434 |
| Savings and temporary cash investments | $16,416 |
| 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 | $1,020,224 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,080,074 |
| 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 |
Peer Organizations
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|---|---|---|
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River City Education Organization Inc Jacksonville, FL | $21,815,598 | $7,864,021 |
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Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
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University Of North Florida Financing Corporation Jacksonville, FL | $185,430,007 | $11,542,145 |
Auxiliary Services Foundation Memphis, TN | $24,476,321 | $9,276,607 |
Georgia College & State University Foundation Inc Milledgeville, GA | $66,057,685 | $10,177,448 |
Highlands Day School Foundation Birmingham, AL | $18,906,069 | $7,689,613 |
Georgia Southern University Foundation Inc Statesboro, GA | $119,816,237 | $13,421,593 |