The Cause Foundation
- Assets
- $135.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, TX
- Founding
- 01/2011
- Data as of
- 12/2023
- EIN
- 80-0594740
Organization Overview
The Cause Foundation is located in Fresno, TX. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cause 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 12/2023, Cause Foundation generated $60.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $40.9k during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO SUPPORT THE ADVANCEMENT IN EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilford Scott President | 6 | $0 | |
L Gill Edwards Vice President | 6 | $0 | |
Johnnie Sandles Treasurer | 6 | $0 | |
James Cheatham Secretary | 6 | $0 | |
Joseph Lachapelle Director | 1 | $0 | |
Jackie Wallace Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,687 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,145 |
| Other Revenue | $0 |
| Total Revenue | $60,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,438 |
| Occupancy, rent, utilities, and maintenance | $847 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,594 |
| Total expenses | $40,879 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,414 |
| Other assets | $0 |
| Total assets | $135,010 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,010 |