Faulk Foundation
- Assets
- $70.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/2008
- Data as of
- 11/2023
- EIN
- 26-1627245
Organization Overview
Faulk Foundation is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public 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. Faulk Foundation 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 11/2023, Faulk Foundation generated $98.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $74.0k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE MOST URGENT, NEEDED ASSISTANCE TO FAMILIES AND INDIVIDUALS FACING CHALLENGES IN THEIR LIVES INCLUDING DEVASTATING ILLNESSES, HARDSHIPS OR THOSE WHO HAVE FAMILY MEMBERS SERVING OVERSEAS. WE OFFER CLOTHING, FURNITURE, BILL PAYMENTS, TRANSPORTATION, TOYS, HOUSEHOLD GOODS, MEDICINE AND MEDICAL SUPPLIES, CARE PACKAGES OR PERHAPS JUST A LISTENING EAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Faulk Founder | 1 | $0 | |
Katie Clapp Board Member | 3 | $0 | |
Jimmy Clapp Board Member | 6 | $0 | |
Randy Allen Board Member | 0 | $0 | |
Dolly Franklin Board Member | 1 | $0 | |
Grace Valles Board Member | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,164 |
| 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 | $98,164 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,001 |
| Total expenses | $73,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,812 |
| Other assets | $0 |
| Total assets | $70,812 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,812 |