Preserverpartners Foundation
- Assets
- $200.9k
- Revenue
- $50.0k
- Investments
- $191.0k
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 84-1781842
Organization Overview
Preserverpartners Foundation is located in Memphis, TN. The organization was established in 2019. 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. Preserverpartners 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 12/2022, Preserverpartners Foundation generated $50.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 71.0% each year .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Tyler CEO | 5 | $0 | |
Dana Pointer Treasurer | 2 | $0 | |
Angel Price Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $19 |
| Dividends & Interest | $0 |
| 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 | $50,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $49,500 |
| Total expenses and disbursements | $49,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,883 |
| 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 | $191,039 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $200,922 |
| 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, Preserverpartners Foundation has awarded $49,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COLLAGE DANCE COLLECTIVE PURPOSE: DONATION | $4,000 |
MIDDLE COLLEGE HIGH SCHOOL PURPOSE: WRITING CONTEST-EDUCATION | $2,000 |
MISSISSIPPI BOULEVARD CHRISTIAN CHURCH PURPOSE: DONATION TO CHURCH | $1,000 |
METHODIST HEALTHCARE SICKLE CELL FOUNDATION PURPOSE: DONATION | $2,500 |
UNIVERSITY OF MEMPHIS PURPOSE: SCHOLARSHIPS | $25,000 |
BOYS SCOUT OF AMERICA PURPOSE: DONATION | $3,500 |