Stanford Charitable Corp
- Assets
- $281.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, TX
- Founding
- 06/2002
- Data as of
- 09/2021
- EIN
- 75-2982691
Organization Overview
Stanford Charitable Corp is located in Gainesville, TX. The organization was established in 2002. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanford Charitable Corp 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 09/2021, Stanford Charitable Corp generated $73.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $51.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 6 years. 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 AN ENVIRONMENT FOR SENIOR CITIZEN ACTIVITIES SUCH AS EXCERSIZE PROGRAMS, NUTRITION PROGRAMS AND RECREATIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Sutton Secretary | 0 | $0 | |
Mark Loewen Vice President | 0 | $0 | |
June Sherrill President | 0 | $0 | |
Donna Odell Treasurer | 0 | $0 | |
Bill Manwiller Director | 0 | $0 | |
Denny Hook Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,882 |
| Gain or Loss | $1,455 |
| Net Income from Gaming & Fundraising | $5,784 |
| Other Revenue | $0 |
| Total Revenue | $73,716 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,586 |
| Professional fees and other payments to independent contractors | $2,545 |
| Occupancy, rent, utilities, and maintenance | $11,494 |
| Printing, publications, postage, and shipping | $586 |
| Other expenses | $16,719 |
| Total expenses | $51,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,250 |
| Other assets | $0 |
| Total assets | $281,379 |
| Total liabilities | $511 |
| Net assets or fund balances | $280,868 |
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