South Padre Island Community Foundation Inc
- Assets
- $5.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Padre Island, TX
- Founding
- 02/1999
- Data as of
- 12/2022
- 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 12/2022, South Padre Island Community Foundation Inc generated $75.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $75.8k during the year ending 12/2022. While expenses have increased by 15.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
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 | $75,475 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,484 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $75,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,474 |
| Other assets | $0 |
| Total assets | $5,474 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,474 |