Socorro Foundation
- Assets
- $200.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mission, TX
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 83-0941947
Organization Overview
Socorro Foundation is located in Mission, TX. The organization was established in 2018. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Socorro 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, Socorro Foundation generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.4%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO SERVE THE COMMUNITY AND PEOPLE IN MOST NEED OF IMMEDIATE RESOURCES SUCH AS FOOD, CLOTHING, AND EDUCATE PARENTS ON FAMILY PLANNING. GIVE GRANTS TO POOR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lopez Secretary | 0 | $0 | |
Sharon Sargent Board Member | 0 | $0 | |
Raul Ainsle Board Member | 0 | $0 | |
Anamichelle Castellano Executive Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| 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 | $2,500 |
| 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 | $2,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200 |
| Other assets | $0 |
| Total assets | $200 |
| Total liabilities | $0 |
| Net assets or fund balances | $200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Socorro Foundation has recieved totaling $40.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Church Loan Corporation Dallas, TX | $159,669,152 | $6,699,447 |
Presbyterian Communities And Services Dallas, TX | $18,546,633 | $4,334,623 |
Legacy Of Yogi Bhajan Foundation Santa Cruz, NM | $17,787,649 | $1,568,900 |
The Ruth Foundation Dallas, TX | $4,489,320 | $233,856 |
Ria Charitable Investments Inc Dallas, TX | $87,787,681 | $1,614,739 |
Noah Arc Community Development Corporation Inc Minden, LA | $7,905,393 | $1,130,663 |
Anglican Communion Compass Rose Society Inc Houston, TX | $134,399 | $941,707 |
Global Evangelical Team Inc Huntsville, TX | $1,173,041 | $1,080,905 |
National Christian Charitable Foundation Inc Houston, TX | $829,974 | $998,297 |
The Thanks-Giving Foundation Dallas, TX | $2,754,536 | $764,224 |
Baptist Missionary Loan Association Waxahachie, TX | $19,801,107 | $710,852 |
Christian Heritage Foundation Inc Cleburne, TX | $1,336,414 | $294,253 |