Susan M Tillis Foundation is located in Cornelius, NC. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Susan M Tillis 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 09/2022, Susan M Tillis Foundation generated $50.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $128.1k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
RED, WHITE AND BUNDLED - THE FOUNDATION COLLECTS DONATIONS AND PURCHASES ITEMS SUCH AS DIAPERS AND CHILDREN'S CLOTHING AND DISTRIBUTES THEM TO MEMBERS OF THE MILITARY AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danica Thomas Chairman | 3 | $0 | |
Lynette Rinker Director | 2 | $0 | |
Susan Tillis Founder | 2 | $0 | |
Melisa Taylor Treasurer | 3 | $0 | |
Judy Hodson Director | 2 | $0 | |
Betsy Mccorkle Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,263 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,263 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $2,400 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $125,659 |
Total expenses | $128,059 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $80,568 |
Other assets | $0 |
Total assets | $80,568 |
Total liabilities | $0 |
Net assets or fund balances | $80,568 |
Over the last fiscal year, we have identified 1 grants that Susan M Tillis Foundation has recieved totaling $75,000.
Awarding Organization | Amount |
---|---|
The Independence Fund Inc Charlotte, NC PURPOSE: Grant | $75,000 |
Organization Name | Assets | Revenue |
---|---|---|
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |