Childrens Home Foundation

Organization Overview

Childrens Home Foundation is located in Lubbock, TX. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 01/2022, Childrens Home Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Home Foundation 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 01/2022, Childrens Home Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.2m during the year ending 01/2022. While expenses have increased by 3.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT FOR THE CHILDRENS' HOME OF LUBBOCK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDING TO TAX-EXEMPT ENTITY PROVIDING CARE FOR DISADVANTAGED CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Eric Creel
President
$81,285
Jim Henson
Chairman
$0
Ada Rummel
Vice Chairman
$0
Victor Hines
Secretary
$0
Helen Lauderdale 221 - 1121
Director
$0
Tom Johnston
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$603,356
Noncash contributions included in lines 1a–1f $76,186
Total Revenue from Contributions, Gifts, Grants & Similar$603,356
Total Program Service Revenue$12,000
Investment income $996,181
Tax Exempt Bond Proceeds $0
Royalties $738,435
Net Rental Income $1,899
Net Gain/Loss on Asset Sales $229,801
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,581,672

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Childrens Home Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Wayne And Jo Ann Moore Charitablefoundation

Midland, TX

PURPOSE: OPERATING EXPENSES

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,810,042
Net Contributions$500,592
Ending Balance$14,310,634

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