Townsend Foundation Inc
- Assets
- $103.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, MS
- Founding
- 04/1970
- Data as of
- 12/2021
- EIN
- 64-6038620
Organization Overview
Townsend Foundation Inc is located in Florence, MS. The organization was established in 1970. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Townsend 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 12/2021, Townsend Foundation Inc generated $6.5k 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 (23.3%) each year. All expenses for the organization totaled $11.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PROMOTE AND SPREAD THE GOSPEL OF JESUS CHRIST
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $920 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,537 |
| Total Revenue | $6,457 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,109 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,348 |
| Total expenses | $11,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,256 |
| Other assets | $0 |
| Total assets | $103,194 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,194 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Mission Inc New Orleans, LA | $5,963,143 | $11,588,055 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Score International Inc Chattanooga, TN | $7,470,885 | $5,241,961 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Heritage Ministries Inc Alcoa, TN | $1,430,350 | $4,695,767 |
The Center For Mission Mobilization Fayetteville, AR | $1,216,844 | $3,474,076 |
Ron Hutchcraft Ministries Inc Harrison, AR | $7,153,742 | $5,963,497 |
Scott Dawson Evangelistic Assoc Inc Birmigham, AL | $1,381,144 | $3,273,711 |
Destined To Win Family Outreach Ministries Inc Bryant, AR | $9,838,389 | $5,004,013 |