Ctcu Foundation is located in Tyler, TX. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Ctcu 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 12/2022, Ctcu Foundation generated $137.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $141.4k during the year ending 12/2022. While expenses have increased by 13.2% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WILL PROVIDE RESOURCES TO CHARITABLE, EDUCATIONAL AND CIVIC OUTREACH EFFORTS THAT PARALLEL OUR MISSION OF FINANCIAL LITERACY, EDUCATION AND DIRECTLY SUPPORT ORGANIZATIONS THAT PROVIDE RESOURCES TO THE LESS FORTUNATE IN THE COMMUNITIES WE SERVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Horton President | 1 | $0 | |
Tim Miller Secretary | 1 | $0 | |
Mary Fulmer Treasurer | 1 | $0 | |
Nate Gillen Director | 1 | $0 | |
David Apperley Director | 1 | $0 | |
Sarah Parlett Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $137,380 |
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 | $137,380 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $141,380 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,650 |
Other assets | $0 |
Total assets | $1,650 |
Total liabilities | $0 |
Net assets or fund balances | $1,650 |