North Channel Area Foundation is located in Houston, TX. The organization was established in 1990. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Channel Area 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 11/2018, North Channel Area Foundation generated $18.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $17.8k during the year ending 11/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE NORTH CHANNEL AREA FOUNDATION PROVIDES FUNDS IN SUPPORT OF LOCAL EDUCATION AND COMMUNITY PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Harris Treasurer | 0 | $0 | |
Dr Allatia Harris Secretary | 0 | $0 | |
Shalonda Dawkins Vice Chairman | 0 | $0 | |
Jim Wadzinski Found. Chairman | 0 | $0 | |
Margie Buentello Executive Dir. | 0 | $0 | |
Ronny Dwairy Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,255 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,460 |
| Other Revenue | $0 |
| Total Revenue | $18,430 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $619 |
| Total expenses | $17,819 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,761 |
| Other assets | $0 |
| Total assets | $80,761 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,761 |