Thomas Plott Foundation Inc is located in Tuscaloosa, AL. The organization was established in 2009. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Plott 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 12/2021, Thomas Plott Foundation Inc generated $28.4k 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 (16.1%) each year. All expenses for the organization totaled $6.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.6%) 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDS TO ORGANIZATIONS THAT RESEARCH FOR THE CURE AND HELP RAISE AWARENESS OF CYSTIC FIBROSIS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Plott Director | 4 | $0 | |
Blair S Plott Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,420 |
| 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 | $28,420 |
| 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 | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,610 |
| Total expenses | $6,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,844 |
| Other assets | $0 |
| Total assets | $136,844 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,844 |