Tillotson-Menlo Charitablefoundation Inc
- Assets
- $9.7m
- Revenue
- $572.2k
- Investments
- $9.6m
- Employees
- 0
- Location
- Menlo, GA
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-3918578
Organization Overview
Tillotson-Menlo Charitablefoundation Inc is located in Menlo, GA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Tillotson-Menlo Charitablefoundation 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 12/2022, Tillotson-Menlo Charitablefoundation Inc generated $572.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $591.3k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tillotson-Menlo Charitablefoundation Inc has awarded 419 individual grants totaling $3,833,351. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID FOR THE BENEFIT OF THE CITY OF MENLO,GA AND SURROUNDING AREAS
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 |
|---|---|---|---|
Gary Woods President | 0 | $0 | |
Paula Buice Director | 0 | $0 | |
Arch Farrar Secretary | 0 | $0 | |
Eddie Robertson Vice President | 0 | $0 | |
Bill Alico Director | 0 | $0 | |
Robert Mcwhorter Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,901 |
| Dividends & Interest | $164,077 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $399,954 |
| Capital Gain Net Income | $399,954 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,687 |
| Total Revenue | $572,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,712 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,503 |
| Total operating and administrative expenses | $87,715 |
| Contributions, gifts, grants paid | $503,631 |
| Total expenses and disbursements | $591,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,545 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,858 |
| 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 | $2,144,812 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,712,881 |
| Accounts payable and accrued expenses | $249 |
| 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 | $249 |
Grants Awarded
Over the last fiscal year, Tillotson-Menlo Charitablefoundation Inc has awarded $503,631 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SUMMERVILLE PURPOSE: CELEBRATE INDEPENDENCE | $8,500 |
CITY OF SUMMERVILLEMAIN STREET PROGRAM PURPOSE: DOWNTOWN HANGING BASKET/PLANTING | $4,000 |
FAMILY CARE CENTER PURPOSE: FOOD, SOAP AND SUPPLIES | $10,000 |
GAYLESVILLE HIGH SCHOOL PURPOSE: WEIGHT AND EXERCISE ROOM | $30,414 |
GAYLESVILLE VOLUNTEER FIRE DEPARTMENTCITY OF GAYLESVILLE PURPOSE: TURN OUT GEAR | $13,148 |
LEROY MASSEY ELEMENTARY SCHOOL PURPOSE: PLAYGROUND BALL COURT | $33,196 |