Hattie Bookout Foundation Inc
- Assets
- $15.5k
- Revenue
- $6.0k
- Investments
- $9.8k
- Employees
- 0
- Location
- Midland, TX
- Founding
- 11/2004
- Data as of
- 12/2022
- EIN
- 77-0630189
Organization Overview
Hattie Bookout Foundation Inc is located in Midland, TX. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hattie Bookout 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, Hattie Bookout Foundation Inc generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $2.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (41.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hattie Bookout Foundation Inc has awarded 16 individual grants totaling $765,581. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND ASSISTANCE TO SPANISH SPEAKING MISSIONARIES, AND TO TRANSLATE THE BIBLE TO DIALECTS OF SPANISH THAT DO NOT HAVE PRINTED COPIES OF THE BIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Solansky President | 10 | $0 | |
Dave Pickering Vice-President | 0.25 | $0 | |
Sidney Beal Secretary/treasurer Thru 6/30 | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000 |
| Interest on Savings | $6 |
| Dividends & Interest | $86 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$75 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $271 |
| Total operating and administrative expenses | $2,846 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,266 |
| Savings and temporary cash investments | $365 |
| 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 | $15,474 |
| 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, Hattie Bookout Foundation Inc has awarded $79,232 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL MISSIONARY CLEARINGHOUSE PURPOSE: MISSIONARY SUPPORT | $73,232 |
BIBLE & LITERATURE MISSIONARY FNDN PURPOSE: MISSIONARY SUPPORT | $6,000 |