Larry And Pat Mcneil Foundation
- Assets
- $2.2m
- Revenue
- $119.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- El Lago, TX
- Founding
- Data as of
- 12/2022
- EIN
- 84-3192224
Organization Overview
Larry And Pat Mcneil Foundation is located in El Lago, TX. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Larry And Pat Mcneil 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, Larry And Pat Mcneil Foundation generated $119.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $173.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Mcneil President | 1 | $25,000 | |
Julie Mcneil Vice Pres/sec | 1 | $0 | |
B Cheryl Mayhew Treasurer | 1 | $0 | |
Name Not Listed Manager | 1 | $14,827 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $401 |
| Dividends & Interest | $32,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $78,496 |
| Capital Gain Net Income | $78,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,480 |
| Total Revenue | $119,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,831 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,512 |
| Total operating and administrative expenses | $45,170 |
| Contributions, gifts, grants paid | $128,500 |
| Total expenses and disbursements | $173,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,682 |
| Savings and temporary cash investments | $56,359 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,155,592 |
| 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, Larry And Pat Mcneil Foundation has awarded $128,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED SCHEDULE PURPOSE: CHARITABLE | $75,500 |
SEE ATTACHED SCHEDULE PURPOSE: CHARITABLE | $53,000 |