Stephen And Jacquelyn Tate Foundation
- Assets
- $2.2m
- Revenue
- $795.1k
- Investments
- $2.1m
- Employees
- 0
- Location
- New Market, MD
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-5408705
Organization Overview
Stephen And Jacquelyn Tate Foundation is located in New Market, MD. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephen And Jacquelyn Tate 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 12/2021, Stephen And Jacquelyn Tate Foundation generated $795.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $93.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stephen And Jacquelyn Tate Foundation has awarded 34 individual grants totaling $145,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Tate President | 0 | $0 | |
Alexandra Hardin Chairman | 0 | $0 | |
Wayne Johnson Treasurer | 0 | $0 | |
Mary Menefee Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $675,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,946 |
| Capital Gain Net Income | $93,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $795,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,610 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3 |
| Total operating and administrative expenses | $1,613 |
| Contributions, gifts, grants paid | $91,800 |
| Total expenses and disbursements | $93,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,567 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,227,171 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stephen And Jacquelyn Tate Foundation has awarded $91,800 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT AIRY CHRISTIAN ACADEMY PURPOSE: ANNUAL FUND | $25,000 |
Paintsville, KY PURPOSE: IMPROVING LIVES IN APPALACHIA | $20,000 |
RILEYVILLE BAPTIST CHURCH PURPOSE: BENEVOLENCE FUND | $15,000 |
CROSSROADS FREEDOM CENTER PURPOSE: RECOVERY PROGRAM | $10,000 |
Luray, VA PURPOSE: WEST LURAY REC CENTER | $7,000 |
RILEYVILLE BAPTIST CHURCH PURPOSE: GF - OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
Fpf Education And Innovation Foundation Washington, DC | $7,838,229 | $9,845,360 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
Charter Schools Development Corporation Hanover, MD | $137,072,204 | $25,530,553 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Integrated Design Electronics Acade My Public Charter School Washington, DC | $15,621,514 | $8,510,421 |
Citizens Assembly Inc Washington, DC | $121,418 | $7,353,833 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Academy Of Hope Adult Public Charter School Washington, DC | $10,256,944 | $8,937,280 |
Karachi American Society School Washington, DC | $28,760,206 | $7,576,146 |