Trey Whitfield Foundation Inc is located in Brooklyn, NY. The organization was established in 1996. 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. Trey Whitfield 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.
For the year ending 12/2017, Trey Whitfield Foundation Inc generated $144.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $150.6k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND JUNIORS TO HELP FUND THEIR COLLEGE EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ab Whitfield Ceofounder | 8 | $0 | |
Janie Whitney Presidentco-Founder | 8 | $0 | |
Vernell Robinson Board Member | 1 | $0 | |
Jill Forbes Board Member | 1 | $0 | |
Ben Glascoe Board Member | 1 | $0 | |
Deborah Johnson Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $144,287 |
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 | $144,287 |
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 | $125 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $24,000 |
Other expenses | $126,485 |
Total expenses | $150,610 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,944 |
Other assets | $0 |
Total assets | $94,098 |
Total liabilities | $0 |
Net assets or fund balances | $94,098 |