Midlothian Historic Gymnasium Project
- Assets
- $443.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midlothian, TX
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-5173991
Organization Overview
Midlothian Historic Gymnasium Project is located in Midlothian, TX. The organization was established in 2018. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midlothian Historic Gymnasium Project 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 12/2023, Midlothian Historic Gymnasium Project generated $37.1k 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 (70.3%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (68.9%) per year over the past 2 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RESTORED THE HISTORIC MIDLOTHIAN ISD GYMNASIUM FOR THE USE OF THE COMMUNITY FOR RECREATIONAL AND EVENT PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duke Burge President | 4 | $0 | |
Robert Ted Howard Treasurer | 4 | $0 | |
Melissa Pegram Secretary | 1 | $0 | |
Danny Rodgers Member | 1 | $0 | |
Jenny Sanders Director | 1 | $0 | |
Gerald Curry Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,148 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,148 |
| 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 | $43,512 |
| Total expenses | $43,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,302 |
| Other assets | $0 |
| Total assets | $443,833 |
| Total liabilities | $33,292 |
| Net assets or fund balances | $410,541 |