Summers Legacy Foundation Inc
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- Data as of
- 12/2021
- EIN
- 87-0940124
Organization Overview
Summers Legacy Foundation Inc is located in New Orleans, LA. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Summers Legacy 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WILL AWARD COLLEGE SCHOLARSHIPS TO STUDENTS IN THE COMMUNITY AND HAS PARTNERED WITH NORTHSHORE COMMUNITY FOUNDATION TO PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS AT ST. TAMMANY PARISH SCHOOLS ATTENDING OUT OF STATE UNIVERSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Hubbs Executive Director | 20 | $61,667 | |
Ryan Hubbs Director | 1 | $2,000 | |
Shane Hubbs Director | 1 | $0 | |
Charles Hubbs Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,667 |
| Professional fees and other payments to independent contractors | $10,492 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,363 |
| Total expenses | $83,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,483 |
| Other assets | $0 |
| Total assets | $16,483 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,483 |
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