Mr And Mrs James A Stroud Foundation
- Assets
- $9.7m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 75-2763113
Organization Overview
Mr And Mrs James A Stroud Foundation is located in Dallas, TX. The organization was established in 1998. 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. Mr And Mrs James A Stroud Foundation 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, Mr And Mrs James A Stroud Foundation generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 6.2% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ASSISTED LIVING AND ALZHEIMER'S CARE PROPERTY WITH A CAPACITY OF 102 RESIDENTS. OCCUPANCY FOR 2022 IS 83 RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Stroud Ceo, Sec. | 1 | $0 | |
Lynn M Stroud Pres., Treas. | 1 | $0 | |
Will Stroud Vice Pres. | 1 | $0 | |
Debora Howell Marketing Director | 40 | $96,083 | |
Theresa Winfrey Scheduler | 40 | $68,082 | |
Javier Olvera Maintenance Person | 40 | $65,918 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $156 |
| Dividends & Interest | $4,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,538 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,554,648 |
| Total Revenue | $5,557,311 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,406,511 |
| Pension plans, employee benefits | $111,274 |
| Interest | $21,896 |
| Taxes | $194,130 |
| Depreciation | $347,445 |
| Occupancy | $448,241 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $3,612 |
| Other expenses | $860,906 |
| Total operating and administrative expenses | $4,419,364 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,419,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,464,211 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,381 |
| 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 | $8,218,727 |
| Other assets | $53,533 |
| Total assets | $9,738,852 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $100 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,304,740 |
| Total liabilities | $3,304,840 |
Grants Awarded
Over the last fiscal year, Mr And Mrs James A Stroud Foundation has awarded $600 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MS TEXAS SENIOR AMERICA PAGEANT PURPOSE: SPONSORSHIP | $200 |
CITY OF LEWISVILLE PURPOSE: SPONSORSHIP | $100 |
MS TEXAS SENIOR AMERICA PAGEANT PURPOSE: SPONSORSHIP | $200 |
CITY OF LEWISVILLE PURPOSE: SPONSORSHIP | $100 |