Hugh Jack Stubbs Family Foundation
- Assets
- $358.1k
- Revenue
- $111.2k
- Investments
- $238.3k
- Employees
- 0
- Location
- Magee, MS
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5616650
Organization Overview
Hugh Jack Stubbs Family Foundation is located in Magee, MS. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hugh Jack Stubbs Family 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 12/2021, Hugh Jack Stubbs Family Foundation generated $111.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $21.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
James Morgan Stubbs President | 0 | $0 | |
Laurie Marie Stubbs Secretary | 0 | $0 | |
Jean Stubbs Assistant Se | 0 | $0 | |
Mary Cathryn Slocum Treasurer | 0 | $0 | |
Stephen Douglas Childres Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $2,500 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $104,733 |
| Total Revenue | $111,234 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,212 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,212 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $21,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,759 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $358,098 |
| Accounts payable and accrued expenses | $0 |
| 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 | $22,603 |
| Total liabilities | $22,603 |
Grants Awarded
Over the last fiscal year, Hugh Jack Stubbs Family Foundation has awarded $17,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
MCMC BUILDING FUND PURPOSE: GENERAL | $7,800 |
Mendenhall, MS PURPOSE: GENERAL | $1,248 |
Nashville, TN PURPOSE: GENERAL | $1,248 |
SIMPSON COUNTY EXTENSION SERVICE PURPOSE: GENERAL | $1,248 |
FROG CC YOUTH PURPOSE: GENERAL | $1,248 |
MAGEE LIBRARY PURPOSE: GENERAL | $1,248 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Leadership Memphis, TN | $971,651 | $2,281,732 |
Mayors Institute For Excellence In Government Inc Memphis, TN | $2,089,884 | $1,547,507 |
Century Harvest Farms Foundation Greenback, TN | $716,364 | $755,091 |
Pelican Center For Children And Families Zachary, LA | $477,827 | $955,905 |
Alabama Policy Institute Inc Birmingham, AL | $363,839 | $962,542 |
Public Affairs Research Council Of Alabama Birmingham, AL | $519,937 | $1,254,410 |
Arkansas Justice Collective Springdale, AR | $465,540 | $883,809 |
Nashville Diaper Connection Nashville, TN | $391,622 | $714,574 |
Front Yard Bikes Baton Rouge, LA | $741,430 | $728,321 |
Child Welfare Policy And Practice Group Montgomery, AL | $380,220 | $605,219 |
Healing Housing Inc Brentwood, TN | $552,421 | $812,286 |
Gadsden-Etowah Industrial Development Authority Gadsden, AL | $719,252 | $415,686 |