National Sorghum Foundation
- Assets
- $236.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 09/1999
- Data as of
- 09/2017
- EIN
- 75-2822979
Organization Overview
National Sorghum Foundation is located in Lubbock, TX. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Sorghum 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 09/2017, National Sorghum Foundation generated $13.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.1%) each year. All expenses for the organization totaled $28.1k during the year ending 09/2017. 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 |
|---|---|---|---|
Jeff Dahlberg Director | 1 | $0 | |
Bruce Maunder Director | 1 | $0 | |
Kendall Hodgson Director | 1 | $0 | |
Jb Stewart Director | 1 | $0 | |
Norman Hopper Director | 1 | $0 | |
Terry Swanson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,527 |
| Gain or Loss | $2,095 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,637 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $4,940 |
| Printing, publications, postage, and shipping | $336 |
| Other expenses | $17,834 |
| Total expenses | $28,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,492 |
| Other assets | $0 |
| Total assets | $236,492 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,492 |