The 4th Down Foundation Inc is located in Holly Springs, NC. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4th Down 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, 4th Down Foundation Inc generated $2.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $2.4k during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 4TH DOWN FOUNDATION PROVIDED LEADERSHIP GUIDANCE AND MENTORING SERVICES TO STUDENT ATHLETES AT SOUTH GARNER HIGH SCHOOL. THE FOUNDATION ALSO PROVIDED THEMED TEE- SHIRTS LEADERSHIP BOOKS AND CUSTOM SWEATSHIRTS. IN ADDITION THE FOUNDATION PROVIDED IN-PERSON TRAINING SEMINARS THAT INCLUDED SNACKS AND DRINKS.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,447 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $2,447 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $201 |
| Printing and publications | $0 |
| Other expenses | $2,216 |
| Total operating and administrative expenses | $2,417 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43 |
| 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 | $43 |
| 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 | $0 |
| Total liabilities | $0 |