South Padre Island Community Foundation Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Padre Island, TX
- Founding
- 02/1999
- Data as of
- 12/2021
- EIN
- 74-2902351
Organization Overview
South Padre Island Community Foundation Inc is located in South Padre Island, TX. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community 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. South Padre Island Community 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, South Padre Island Community Foundation Inc generated $8.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (63.9%) each year. All expenses for the organization totaled $790.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDS TO BENEFIT THE PEOPLE OF SOUTH PADRE ISLAND, CAMERON COUNTY, TEXAS BY SUPPORTING WORTHWHILE BENEVOLENT, CHARITABLE AND EDUCATIONAL PROJECTS SELECTED BY ITS BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Franke President | 1 | $0 | |
Karen Moore Vice President | 1 | $0 | |
Sharon Taylor Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8 |
| 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 | $790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,790 |
| Other assets | $0 |
| Total assets | $5,790 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,790 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Of North Louisiana Shreveport, LA | $154,534,783 | $16,289,106 |
Albuquerque Community Foundation Albuquerque, NM | $124,587,657 | $15,721,383 |
Wichita Falls Area Community Foundation Wichita Falls, TX | $80,507,148 | $8,576,098 |
Waco Foundation Waco, TX | $115,989,579 | $8,908,496 |
The Community Foundation Of The Texas Hill Country Inc Kerrville, TX | $41,950,471 | $11,850,812 |
New Mexico Community Foundation Santa Fe, NM | $33,737,361 | $8,575,952 |
Community Foundation Of West Texas Lubbock, TX | $69,554,926 | $8,377,445 |
Notley Fund Austin, TX | $2,525,162 | $4,464,040 |
Enid Community Foundation For Excellence Enid, OK | $32,321,752 | $9,292,511 |
Greater Round Rock Community Foundation Inc Round Rock, TX | $23,024,574 | $5,650,197 |
Central Louisiana Community Foundation Alexandria, LA | $32,032,595 | $10,012,051 |
Northeast Texas Community College Foundation Mt Pleasant, TX | $9,750,515 | $4,394,098 |