Dacy Espy Foundation Inc
- Assets
- $23.4k
- Revenue
- $33.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, AL
- Founding
- Data as of
- 12/2016
- EIN
- 58-2657354
Organization Overview
Dacy Espy Foundation Inc is located in Jackson, AL.
For the year ending 12/2016, Dacy Espy Foundation Inc generated $33.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $25.5k during the year ending 12/2016. While expenses have increased by 2.8% per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES TUITION AND RELATED EXPENSES FOR QUALIFIED STUDENTS TO ACHIEVE A COLLEGE EDUCATION.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$2,716 |
| 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 | $33,260 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $8,400 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $451 |
| Occupancy | $5,976 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,434 |
| Total operating and administrative expenses | $20,077 |
| Contributions, gifts, grants paid | $5,434 |
| Total expenses and disbursements | $25,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,298 |
| 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 | $10,962 |
| Other assets | $150 |
| Total assets | $23,410 |
| 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 |
Grants Awarded
Over the last fiscal year, Dacy Espy Foundation Inc has awarded $5,434 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MANDY LUSK PURPOSE: TUITION | $3,200 |
ONYINYE OHIA PURPOSE: TUITION | $2,234 |
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