Dacy Espy Foundation Inc is located in Jackson, AL.
For the year ending 12/2017, Dacy Espy Foundation Inc generated $23.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $34.0k during the year ending 12/2017. 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
2017
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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,850 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$2,466 |
| 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 | $23,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,911 |
| Depreciation | $451 |
| Occupancy | $4,786 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,556 |
| Total operating and administrative expenses | $22,129 |
| Contributions, gifts, grants paid | $11,888 |
| Total expenses and disbursements | $34,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,902 |
| 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 | $10,511 |
| Other assets | $150 |
| Total assets | $12,563 |
| 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 |
Over the last fiscal year, Dacy Espy Foundation Inc has awarded $11,888 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MANDY LUSK PURPOSE: TUITION ASSISTANCE | $10,638 |
ONYINYE OHIA PURPOSE: TUITION ASSISTANCE | $1,250 |