Paula Martin Jones Charities Inc
- Assets
- $2.4m
- Revenue
- $180.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Kilgore, TX
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 75-2326989
Organization Overview
Paula Martin Jones Charities Inc is located in Kilgore, TX. The organization was established in 1991. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paula Martin Jones Charities 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 12/2022, Paula Martin Jones Charities Inc generated $180.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $184.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.0%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEASES QUALITY FACILITIES TO TWO OTHER 501(C)(3)ORGANIZATIONS FOR NOMINAL AMOUNT PER REGS. SECTION 53.4942(A)-2(C)(3)(II)(F)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruben S Martin III Pres/director | 2 | $0 | |
Bill Bankston Director | 2 | $0 | |
Kelly Mccorkle Asst. Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $118,745 |
| 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 | $180,605 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $293 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $179,854 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,379 |
| Total operating and administrative expenses | $184,526 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $184,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $803 |
| 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 | $2,404,800 |
| Other assets | $0 |
| Total assets | $2,405,603 |
| 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, Paula Martin Jones Charities Inc has awarded $352,465 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THRIVE 360 PURPOSE: EMPOWERING YOUTH WITH OPPORTUNITIES TO THRIVE IN LIFE | $70,324 |
ONE HOPE PRESBYTERIAN CHURCH PURPOSE: COMMINUTY LEARNING HOW TOLOVE GOD AND HOW TOLOVE NEIGHBORS AS OURSELVES | $276,141 |
LONGVIEW CHILD DEVELOPMENT CENTER PURPOSE: SERVING INCOME-ELIGIBLEFAMILIES WITH EDUCATIONALOPORTUNITIES AND QUALITY CHILD CARE | $6,000 |