Stephen & Debra Hix Family Foundation
- Assets
- $0.0
- Revenue
- $39.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 08/2001
- Data as of
- 12/2019
- EIN
- 62-1846054
Organization Overview
Stephen & Debra Hix Family Foundation is located in Plano, TX. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Stephen & Debra Hix Family Foundation generated $39.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $277.3k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Hix President/secretary | 2 | $0 | |
Mark T Hix Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $190 |
| Dividends & Interest | $4,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,574 |
| Capital Gain Net Income | $35,574 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,900 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $173 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,740 |
| Total operating and administrative expenses | $1,913 |
| Contributions, gifts, grants paid | $275,358 |
| Total expenses and disbursements | $277,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Stephen & Debra Hix Family Foundation has awarded $13,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKSTONE SCHOOLS OF MECKLENBURG COUNTY PURPOSE: TO PROVIDE QUALITY EDUCATION AND MORAL TEACHING TO LOW-INCOME URBAN STUDENTS. | $10,000 |
INNER GROUND PURPOSE: TO SUPPORT THE ORGANIZATION'S PURPOSE OF NOURISHING THE HUMAN HEART AND SPIRIT THROUGH COMTEMPLATIVE PRACTICES AND EXPRESSIVE ARTS.TO HELP FAMILIES FACE THE CHALLENGE OF LIVING ACTIVELY WITH ALS BY PROVIDING FREE HOME CARE SERVICES. | $500 |
SOUTHLAKE CHURCH PURPOSE: TO SUPPORT THE MISSION OF THE CHURCH IN SPREADING THE GOSPEL. | $3,000 |