William Billy Leo Foundation is located in La Joya, TX. 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. William Billy Leo 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 04/2023, William Billy Leo Foundation generated $14.7k 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 (6.6%) each year. All expenses for the organization totaled $7.2k during the year ending 04/2023. 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
BBQ COOKOFF TO RAISE FUNDS FOR SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Filomena Leo President | 10 | $0 | |
Lita Leo Treasurer | 5 | $0 | |
Michael Leo Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $117 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,612 |
Other Revenue | $0 |
Total Revenue | $14,729 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,200 |
Total expenses | $7,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $82,252 |
Other assets | $0 |
Total assets | $82,252 |
Total liabilities | $0 |
Net assets or fund balances | $82,252 |