6 10 Opportunity Foundation is located in Vestavia, AL. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 6 10 Opportunity Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Phillips President | 0 | $0 | |
Parker Welsh Vice President | 0 | $0 | |
Mason Phillips Vice President/treasurer | 0 | $0 | |
Meagan Welsh Secretary | 0 | $0 | |
Millie Phillips Researcher | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $272,500 |
Interest on Savings | $9,347 |
Dividends & Interest | $29,041 |
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 | $0 |
Total Revenue | $310,888 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $336 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $2,880 |
Contributions, gifts, grants paid | $36,504 |
Total expenses and disbursements | $39,384 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $927,586 |
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 | $52,799 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,204,373 |
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 |
Over the last fiscal year, 6 10 Opportunity Foundation has awarded $36,504 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
SHEPHERD STAFF PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $10,000 |
CHRISTIAN SERVICE MISSION PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $6,750 |
SEND RELIEF PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $5,000 |
RED MOUNTAIN GRACE PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $2,500 |
SHADES MOUNTAIN BAPTIST CHURCH PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $2,254 |
DOULOS PARTNERS PURPOSE: TO SUPPORT EXEMPT OBJECTIVES | $10,000 |