Training & Equipping Leaders
- Assets
- $2.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corinth, TX
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 30-0349364
Organization Overview
Training & Equipping Leaders is located in Corinth, TX. The organization was established in 2006. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Training & Equipping Leaders 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, Training & Equipping Leaders generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $59.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gaynelle Newport President | 1 | $5,400 | |
Sherry Bowden Secretary | 1 | $0 | |
William Bowden Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,356 |
| 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 | $52,356 |
| 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 | $6,049 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $137 |
| Other expenses | $253 |
| Total expenses | $59,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,625 |
| Other assets | $0 |
| Total assets | $2,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Training & Equipping Leaders has recieved totaling $30,600.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR THE EDUCATION PROGRAM AT TRAINING AND EQUIPPING LEADERS, SPECIFICALLY FOR TUITION, FEES, RENT AND GENERAL LIVING EXPENSES | $30,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |
Denison Industrial Development Company Denison, TX | $13,693,763 | $1,394,238 |