Leigh Foundation Inc is located in Columbus, MS. 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. Leigh 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 12/2023, Leigh Foundation Inc generated $45.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $111.4k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF HISTORIC FORMAL GARDEN OPEN TO THE PUBLIC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frances Mccarty President | 10 | $0 | |
Beverly Truslow Chairman | 1 | $0 | |
Rucker Mccarty Vice President | 1 | $0 | |
Don Truslow Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $69 |
Dividends & Interest | $44,918 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $44,987 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $42,840 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $12,190 |
Depreciation | $5,675 |
Occupancy | $13,226 |
Travel, conferences, and meetings | $175 |
Printing and publications | $0 |
Other expenses | $30,245 |
Total operating and administrative expenses | $111,372 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $111,372 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,617 |
Savings and temporary cash investments | $33,443 |
Net Accounts receivable | $32 |
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 | $2,504 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,127,675 |
Other assets | $3,183 |
Total assets | $2,286,238 |
Accounts payable and accrued expenses | $525 |
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 | $631 |
Total liabilities | $1,156 |