Jamie Parsley Family Foundation Inc
- Assets
- $2.2m
- Revenue
- $12.8k
- Investments
- $2.2m
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 84-1664591
Organization Overview
Jamie Parsley Family Foundation Inc is located in Prospect, KY. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Jamie Parsley Family 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 12/2022, Jamie Parsley Family Foundation Inc generated $12.8k 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 (35.7%) each year. All expenses for the organization totaled $162.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jamie Parsley Family Foundation Inc has awarded 65 individual grants totaling $392,634. 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 |
|---|---|---|---|
Archie E Parsley Jr President | 2 | $0 | |
Mary K Parsley Secretary | 2 | $0 | |
Karen Michalak Parsley Director | 2 | $0 | |
Brian Edward Parsley Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$29,947 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,799 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,954 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $212 |
| Total operating and administrative expenses | $27,030 |
| Contributions, gifts, grants paid | $135,634 |
| Total expenses and disbursements | $162,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,720 |
| 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 | $1,669,184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,213,628 |
| 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, Jamie Parsley Family Foundation Inc has awarded $135,634 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY PURPOSE: SCHOLARSHIPS | $15,000 |
BOYCE COLLEGE PURPOSE: SCHOLARSHIPS | $5,000 |
BOYS AND GIRLS CLUBS INC PURPOSE: GRANT - OPERATIONAL | $5,599 |
BELLARMINE UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,000 |
CENTRE COLLEGE PURPOSE: SCHOLARSHIPS | $5,000 |
COLBY COLLEGE PURPOSE: SCHOLARSHIPS | $5,000 |