Mark Terk Charitable Foundation
- Assets
- $18.0m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Uvalde, TX
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 82-1355780
Organization Overview
Mark Terk Charitable Foundation is located in Uvalde, TX. The organization was established in 2019. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mark Terk Charitable Foundation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Mark Terk Charitable Foundation generated $5.7m in total revenue. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 333.7% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS CREATED TO OWN AND MANAGE A RANCH WHERE ENDANGERED SPECIES AND THE FLORA AND FAUNA OF THE LAND WERE ABUSED, MISTREATED, OVERGRAZED AND IN THE CASE OF THE ENDANGERED SPECIES HUNTED. BY PURCHASING THE RANCH, THE FOUNDATION IS ABLE TO PROTECT THE ENDANGERED SPECIES AND THE ENVIRONMENT, AND ALLOW THEM TO FLOURISH. THE FOUNDATION ALSO SELLS ANIMALS TO OTHER BREEDING PROGRAMS AND ZOOS TO FURTHER INCREASE THE POPULATION AND GENETIC DIVERSITY OF THE ENDANGERED SPECIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Frost Secretary & | 0 | $80,000 | |
Glenn Staack President & | 0 | $0 | |
Douglas M Mancino Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Henry Ortiz | 12/30/21 | $812,705 |
J Dalton Contruction | 12/30/21 | $697,000 |
Elite Welding | 12/30/21 | $240,044 |
J&j Excavating Materials | 12/30/21 | $165,193 |
South West Rock & Stone Llc | 12/30/21 | $210,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,676,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $67,590 |
| Total Revenue | $5,743,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $137,972 |
| Pension plans, employee benefits | $120,544 |
| Interest | $0 |
| Taxes | $9,645 |
| Depreciation | $379,832 |
| Occupancy | $532,944 |
| Travel, conferences, and meetings | $1,799 |
| Printing and publications | $0 |
| Other expenses | $818,044 |
| Total operating and administrative expenses | $2,094,711 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,094,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,548 |
| 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 | $0 |
| Net Land, buildings, and equipment | $10,849,432 |
| Other assets | $7,027,852 |
| Total assets | $18,048,832 |
| 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 | $5,556,616 |
| Total liabilities | $5,556,616 |
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