Paraclete Foundation Inc
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Taylors, SC
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 81-4485829
Organization Overview
Paraclete Foundation Inc is located in Taylors, SC. The organization was established in 2018. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paraclete 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, Paraclete Foundation Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2022. 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
SUPPORT THE EXEMPT PURPOSES OF TAYLORS FREE MEDICAL CLINIC THROUGH RAISING FUNDS TO SUPPORT THE CLINIC'S FINANCIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell C Ashmore Jr Board Member | 2 | $0 | |
Sam Floyd Board Member | 2 | $0 | |
Dennis Ballentine Treasurer | 2 | $0 | |
Allan Hill Vice Chairma | 2 | $0 | |
Chris Bensch Board Member | 2 | $0 | |
Karen Salerno Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,160 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $586 |
| Gain or Loss | -$3,646 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,100 |
| 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 | $947 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65 |
| Total expenses | $42,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,721 |
| Other assets | $0 |
| Total assets | $12,721 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,721 |