The Infield Foundation
- Assets
- $401.5k
- Revenue
- $10.6k
- Investments
- $298.4k
- Employees
- 0
- Location
- Joaquin, TX
- Founding
- Data as of
- 12/2022
- EIN
- 81-0933167
Organization Overview
The Infield Foundation is located in Joaquin, TX.
For the year ending 12/2022, Infield Foundation generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (60.4%) each year. All expenses for the organization totaled $43.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Hutchins Member Of Board | 0 | $0 | |
Lexi Hutchins Member Of Board | 0 | $0 | |
Cristi Hutchins Member Of Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,474 |
| Net Rental Income | -$3,436 |
| Net Gain on Sale of Assets | $160 |
| Capital Gain Net Income | $160 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,027 |
| Depreciation | $3,436 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180 |
| Total operating and administrative expenses | $5,643 |
| Contributions, gifts, grants paid | $37,313 |
| Total expenses and disbursements | $42,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,258 |
| 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 | $101,822 |
| Investments—mortgage loans | $0 |
| Investments—other | $298,392 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $401,472 |
| 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, The Infield Foundation has awarded $37,313 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOOBIES & BINGO PURPOSE: TO SUPPORT BREAST CANCER AWARENESS | $950 |
JOAQUIN 6U ALL STARS PURPOSE: TO SUPPORT LOCAL YOUTH BASEBALL TEAM | $1,000 |
JOAQUIN ISD PURPOSE: TO SUPPORT THE FINANCIAL AID PROGRAM TO BE DETERMINED BY THE SCHOOL BASED ON STUDENT NEED | $500 |
SHELBY COUNTY GO TEXAN PURPOSE: TO SUPPORT TEXAS AGRICULTURE | $34,863 |