The Wechsler Foundation
- Assets
- $33.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meridian, MS
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-2903200
Organization Overview
The Wechsler Foundation is located in Meridian, MS. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wechsler 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 12/2022, Wechsler Foundation generated $35.4k 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 (22.1%) each year. All expenses for the organization totaled $16.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY IMPROVEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward L Lynch President | 20 | $0 | |
Joann Hooper Treasurer | 10 | $0 | |
Melba Clark-Payne Secretary | 10 | $0 | |
Veldore Young-Graham Director | 10 | $0 | |
Mable Oatis Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,441 |
| 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 | $35,441 |
| 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 | $150 |
| Occupancy, rent, utilities, and maintenance | $235 |
| Printing, publications, postage, and shipping | $15,659 |
| Other expenses | $0 |
| Total expenses | $16,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,944 |
| Other assets | $0 |
| Total assets | $33,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,944 |