Evelyn R Daly Foundation Inc
- Assets
- $354.8k
- Revenue
- $20.0k
- Investments
- $335.0k
- Employees
- 0
- Location
- Drumright, OK
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 73-1323754
Organization Overview
Evelyn R Daly Foundation Inc is located in Drumright, OK. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Evelyn R Daly 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, Evelyn R Daly Foundation Inc generated $20.0k 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 (4.7%) each year. All expenses for the organization totaled $17.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 5 years. 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
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles D Watson Jr Trustee President Trustee | 1 | $500 | |
Deborah A Watson Trustee Trustee | 0.5 | $250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $19,958 |
| 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 | $19,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $330 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,330 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $17,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,817 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $354,817 |
| 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, Evelyn R Daly Foundation Inc has awarded $16,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RIGHT PATH RIDING ACADEMY PURPOSE: 501C3 | $1,000 |
DRUMRIGHT HISTORICAL SOCIETY PURPOSE: 501C3 | $1,000 |
ST MARYS CHURCH ALTER SOCIETY PURPOSE: RELIGIOUS | $2,000 |
DRUMRIGHT HOSPITAL FOUNDATION PURPOSE: 501C3 | $4,000 |
CENTRAL VO-TECH FOUNDATION SCHOLARS PURPOSE: EDUCATION | $4,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: 501C3 | $4,000 |