Christwood Foundation
- Assets
- $1.9m
- Revenue
- $393.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, LA
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 72-1336124
Organization Overview
Christwood Foundation is located in Covington, LA. The organization was established in 1996. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christwood Foundation 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, Christwood Foundation generated $393.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $459.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT, RECEIVE, MANAGE AND ADMINISTER GIFTS FOR THE BENEFIT AND PURPOSES OF CHRISTWOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLICITING, MANAGING AND ADMINISTERING GIFTS FOR CHRISTWOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Valliant Chair | OfficerTrustee | 2 | $0 |
Beverly Gariepy Vice Chair | OfficerTrustee | 1 | $0 |
Patrick Huval CPA Treasurer | OfficerTrustee | 1 | $0 |
John Greene Secretary | OfficerTrustee | 1 | $0 |
Kim Vanek Asst Secretary | OfficerTrustee | 1 | $0 |
Midge Henry Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $314,359 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,359 |
| Total Program Service Revenue | $0 |
| Investment income | $35,852 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,238 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $112,313 |
| Grants and other assistance to domestic individuals. | $32,968 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,332 |
| Fees for services: Accounting | $4,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,404 |
| Fees for services: Other | $7,449 |
| Advertising and promotion | $0 |
| Office expenses | $15,537 |
| Information technology | $2,037 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,952 |
| Total functional expenses | $459,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,193 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $615 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,535,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,877,055 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $448,918 |
| Net assets with donor restrictions | $1,428,137 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,877,055 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christwood Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,000 |
Endowment Analysis
| Beg. Balance | $251,764 |
| Earnings | $25,646 |
| Admin Expense | $1,415 |
| Ending Balance | $275,995 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Dominic Health Services Foundation Inc Jackson, MS | $23,422,483 | $3,942,568 |
Parks Youth Ranch Inc Sugar Land, TX | $2,339,308 | $1,570,536 |
Sqlc Charitable Foundation Dallas, TX | $1,759,152 | $242,035 |
Trees Of Hope Houston, TX | $374,507 | $489,449 |
Christwood Foundation Covington, LA | $1,877,055 | $393,449 |
West Texas Non-Profit Developments El Paso, TX | $1,520,953 | $635,198 |
Loomis Housing Corp-Louise C Merritt Fund Dallas, TX | $997,683 | -$25,462 |
Livingston Athletic Booster Club Inc Livingston, TX | $24,960 | $0 |
Texas Association Of Realtors Housing Opportunity Foundation Austin, TX | $206,676 | $25,012 |
Vinton Hurricane Laura Recovery Vinton, LA | $401 | $7,020 |
Project Lorenzo Garland, TX | $6,263 | $0 |
Blackwell And Chambers Foundation Dallas, TX | $0 | $0 |