Envision Mineral Wells Foundation Inc
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mineral Wells, TX
- Founding
- Data as of
- 09/2023
- EIN
- 83-3021120
Organization Overview
Envision Mineral Wells Foundation Inc is located in Mineral Wells, TX. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Envision Mineral Wells 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 09/2023, Envision Mineral Wells Foundation Inc generated $174.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $235.7k during the year ending 09/2023. While expenses have increased by 9.4% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IN CONJUNCTION WITH THE MINERAL WELLS CHAMBER OF COMMERCE, ENVISION MINERAL WELLS ENCOURAGES LOCAL CITIZENS TO BE COMMUNITY LEADERS AND INFORMED RESIDENTS BY EDUCATING THEM ON THE HISTORY, GOVERNMENT, HUMAN NEEDS, EDUCATION AND BUSINESSES OF THE COMMUNITY. THE EDUCATIONAL PROGRAM SPANS NEARLY ONE YEAR. EACH YEAR, THE "CLASS" PLANS AND EXECUTES A PROJECT BENEFITTING THE COMMUNITY. DURING THE YEAR, TWO COMMUNITY HISTORICAL LANDMARK SIGNS WERE RESTORED AND/OR ERECTED. THESE PROJECTS ARE ACCESSIBLE TO ALL CITIZENS AND VISITORS TO THE MINERAL WELLS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Hahs Director | 0.25 | $0 | |
Regan Johnson Director | 0.25 | $0 | |
Mike Mcconnell Director | 0.25 | $0 | |
Scott Elder Director | 0.25 | $0 | |
David Hawes Director | 0.25 | $0 | |
Alan Clarke Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,971 |
| Total Program Service Revenue | $59,202 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,813 |
| Other Revenue | $0 |
| Total Revenue | $173,986 |
| 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 | $3,475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $232,206 |
| Total expenses | $235,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,073 |
| Other assets | $0 |
| Total assets | $57,073 |
| Total liabilities | $975 |
| Net assets or fund balances | $56,098 |