Wallace Christmas Fund is located in Silverton, ID. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Wallace Christmas Fund 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 12/2021, Wallace Christmas Fund generated $41.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.8%) each year. All expenses for the organization totaled $35.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ASSISTANCE AND CHRISTMAS GIFTS TO FAMILIES AND CHILDREN IN NEED IN THE WALLACE IDAHO AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Fenn President | 2 | $0 | |
Jae Jean Achord Sec. Treas Dir. | 2 | $0 | |
Amy Lynn Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,308 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,255 |
Gain or Loss | $3,158 |
Net Income from Gaming & Fundraising | $14,012 |
Other Revenue | $0 |
Total Revenue | $41,733 |
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 | $1,054 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,397 |
Total expenses | $35,051 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $188,361 |
Other assets | $0 |
Total assets | $188,361 |
Total liabilities | $0 |
Net assets or fund balances | $188,361 |
Over the last fiscal year, we have identified 1 grants that Wallace Christmas Fund has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Frank A Morbeck Community Foundation Inc Wallace, ID PURPOSE: ASSISTANCE FOR THE NEEDY | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Center Of Excellence Properties Fund Park City, UT | $16,676,894 | $2,196,000 |
Chump Change Foundation Kirkland, WA | $52,581 | $511,084 |
Rotary Foundation Of Incline Village Incline Village, NV | $93,721 | $392,374 |
Whitefish Thrift Haus Inc Whitefish, MT | $112,476 | $461,497 |
Missoula Community Foundation Missoula, MT | $506,830 | $579,738 |
Magnolia Better Together Seattle, WA | $5,857 | $0 |
Love In The Name Of Christ Of Yakima Yakima, WA | $382,819 | $210,005 |
Communities Of Concern Commission Seattle, WA | $516,318 | $303,500 |
Kline Galland Center Foundation Seattle, WA | $40,967,797 | $3,584,951 |
Sovrin Foundation Salt Lake City, UT | $29,914 | $90,718 |
Butte Falls Community School Partnership Butte Falls, OR | $762,666 | $118,448 |
Brilliance Labs Portland, OR | $2,722,476 | $3,255,829 |