Mike White Invitational is located in De Kalb, TX. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mike White Invitational 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 12/2020, Mike White Invitational generated $61.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $88.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
LIVE AND SILENT AUCTIONS IN CONJUNCTION WITH INVITATIONAL RODEO
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hannah White Secretary/treasurer | 2 | $0 | |
Timber Townes Vice President | 2 | $0 | |
Michael P White President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,942 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $39,080 |
Total Revenue | $61,022 |
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 | $1,588 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,967 |
Total expenses | $88,055 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,902 |
Other assets | $0 |
Total assets | $51,702 |
Total liabilities | $0 |
Net assets or fund balances | $51,702 |
Over the last fiscal year, we have identified 1 grants that Mike White Invitational has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |
George H Dunklin Jr Charitable Foundation Stuttgart, AR | $15,909,080 | $2,491,199 |