Blaylock Foundation Inc
- Assets
- $8.1k
- Revenue
- $39.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Moundville, AL
- Founding
- 07/1989
- Data as of
- 12/2023
- EIN
- 63-0967721
Organization Overview
Blaylock Foundation Inc is located in Moundville, AL. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blaylock 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 12/2023, Blaylock Foundation Inc generated $39.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $36.0k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDONESIAN STUDENT FUND - TO PROVIDE STUDENT SCHOLARSHIPS FOR MISSIONS.
HISPANIOLA MOUNTAIN MINISTRIES - TO PROVIDE FUNDING TO ASSIST IN BUILDING A CHURCH.
HAITI CHAPEL PROJECT - MISSIONARY SUPPORT TO ASSIST WITH BUILDING A CHURCH IN HAITI.
MISSIONARY SUPPORT THROUGH VARIOUS CHURCH MISSIONS IN AND AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth B Hollingsworth Board Member | 0 | $0 | |
Jo Anne Robertson Board Member | 0 | $0 | |
Arden Hollingsworth Board Member | 0 | $0 | |
Dorothy Powell Board Member | 0 | $0 | |
Ken Hinton President | 0 | $0 | |
James H Hollingsworth Lll Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,978 |
| 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 | $38,978 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $58 |
| Total operating and administrative expenses | $58 |
| Contributions, gifts, grants paid | $35,935 |
| Total expenses and disbursements | $35,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,103 |
| 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 | $8,103 |
| 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, Blaylock Foundation Inc has awarded $25,869 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDONESIA STUDENT FUND PURPOSE: MISSIONARY SCHOLARSHIP DONATION | $24,719 |
HISPANIOLA MOUNTAIN MINISTRIES PURPOSE: CHURCH BUILDING DONATION | $1,150 |