Grand Prairie Quality Of Life Foundation Inc
- Assets
- $334.9k
- Revenue
- $25.6k
- Investments
- $301.8k
- Employees
- 0
- Location
- Grand Prairie, TX
- Founding
- 10/1982
- Data as of
- 12/2023
- EIN
- 75-1831445
Organization Overview
Grand Prairie Quality Of Life Foundation Inc is located in Grand Prairie, TX. The organization was established in 1982. According to its NTEE Classification (T30) the organization is classified as: Public 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. Grand Prairie Quality Of Life 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, Grand Prairie Quality Of Life Foundation Inc generated $25.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $193.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Grand Prairie Quality Of Life Foundation Inc has awarded 27 individual grants totaling $422,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRAND PRAIRIE QUALITY OF LIFE FOUNDATION SEEKS TO IMPROVE THE COMMUNITY OF GRAND PRAIRIE, TEXAS THROUGH GRANTS TO PROVIDE FOR IMPROVEMENT PROJECTS AND TO LOCAL 501(C)(3) ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRAND PRAIRIE QUALITY OF LIFE FOUNDATION SEEKS TO IMPROVE THE COMMUNITY OF GRAND PRAIRIE, TEXAS THROUGH GRANTS TO PROVIDE FOR IMPROVEMENT PROJECTS.
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 |
|---|---|---|---|
Reg Crump President/di | 1 | $0 | |
Marshall Warder Jr Vice Pres/di | 1 | $0 | |
Jerry King Sec/treas/di | 1 | $0 | |
Greg Giessner Exec Dir./di | 1 | $12,000 | |
Marshall Sutton Director | 1 | $0 | |
Sally Thorne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $82 |
| Dividends & Interest | $15,908 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,611 |
| Capital Gain Net Income | $9,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,601 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $489 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $226 |
| Other expenses | $104 |
| Total operating and administrative expenses | $23,417 |
| Contributions, gifts, grants paid | $170,000 |
| Total expenses and disbursements | $193,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,251 |
| Savings and temporary cash investments | $14,831 |
| 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 | $334,910 |
| 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, Grand Prairie Quality Of Life Foundation Inc has awarded $170,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LIFELINE FOR FAMILIES INC PURPOSE: GENERAL SUPPORT | $15,000 |
GRAND PRAIRIE UNITED CHARITIES PURPOSE: GENERAL SUPPORT | $15,000 |
GRAND PRAIRIE HOMELESS OUTREACH ORG PURPOSE: GENERAL SUPPORT | $30,000 |
CHILDREN FIRST COUNSELING CENTER PURPOSE: GENERAL SUPPORT | $15,000 |
GRAND PRAIRIE FOOD & CLOTHING CO-OP PURPOSE: GENERAL SUPPORT | $20,000 |
BOYS & GIRLS CLUB OF GREATER DALLAS PURPOSE: GENERAL SUPPORT | $15,000 |