Addie E Mcfarland Foundation Inc is located in Mineola, TX. The organization was established in 1998. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Addie E Mcfarland 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, Addie E Mcfarland Foundation Inc generated $85.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $85.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY CENTER AND YOUTH ASSISTANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jackie Mccalla President | 20 | $0 | |
Rissie Walton Vice President | 5 | $0 | |
Valerie Palmer Secretary | 5 | $0 | |
Odessa Slayton Asst Secretary | 2 | $0 | |
Eddie Walton Treasurer | 5 | $0 | |
Bill Mccalla Jr Asst Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,451 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $56 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,820 |
Total Revenue | $85,327 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $11,310 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $28,430 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,083 |
Total expenses | $85,823 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $72,933 |
Other assets | $0 |
Total assets | $303,163 |
Total liabilities | $577 |
Net assets or fund balances | $302,586 |