P & M Sullivan Family Foundation Inc
- Assets
- $518.8k
- Revenue
- $53.4k
- Investments
- $385.3k
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 81-0925377
Organization Overview
P & M Sullivan Family Foundation Inc is located in Valdosta, GA. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. P & M Sullivan Family 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, P & M Sullivan Family Foundation Inc generated $53.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $225.0k during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 4 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.
Since 2020, P & M Sullivan Family Foundation Inc has awarded 14 individual grants totaling $343,832. 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
KING'S CHURCH, 1550 7TH ST NW 241, WASHINGTON, DC, 20001
SAMARITAN'S PURSE, P.O. BOX 3000, BOONE, NC, 28607
REDLAND BAPTIST CHURCH, 4888 ROCKY FORD ROAD, VALDOSTA, GA 31601-7856
CAMP ROCK OF GEORGIA,INC.- P.O BOX 1528 VALDOSTA, GA 31603
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mechelle Murphy President | 5 | $0 | |
Heather Miller Secretary/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,602 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,795 |
| Capital Gain Net Income | $37,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,397 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,021 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,273 |
| Total operating and administrative expenses | $6,294 |
| Contributions, gifts, grants paid | $218,720 |
| Total expenses and disbursements | $225,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,407 |
| Savings and temporary cash investments | $0 |
| 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 | $385,347 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $518,754 |
| 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, P & M Sullivan Family Foundation Inc has awarded $218,720 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
KING'S CHURCH PURPOSE: GENERAL | $167,400 |
SAMARITAN'S PURSE PURPOSE: GENERAL | $15,100 |
REDLAND BAPTIST CHURCH PURPOSE: GENERAL | $18,720 |
CAMP ROCK OF GEORGIA INC PURPOSE: GENERAL | $10,000 |
THE SALVATION ARMY PURPOSE: GENERAL | $2,000 |
OPTIONS NOW PURPOSE: GENERAL | $1,000 |