Cliftondale Foundation Incorporated
- Assets
- $49.2k
- Revenue
- $18.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/2016
- Data as of
- 12/2020
- EIN
- 81-2584207
Organization Overview
Cliftondale Foundation Incorporated is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cliftondale Foundation Incorporated 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 12/2020, Cliftondale Foundation Incorporated generated $18.8k 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 (50.0%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO MANAGE CLIFTONDALE UMC CAPITAL IMPROVEMENT AND RENOVATION PROGRAMS
STUDENT SCHOLARSHIP - HS AND COLLEGE STUDENTS IN GOOD STANDING AT CLIFTONDALE UMC
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,799 |
| Interest on Savings | $19 |
| 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 | $18,818 |
| 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 | $21,584 |
| Total operating and administrative expenses | $21,584 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $24,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,054 |
| 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 | $15,102 |
| Total assets | $49,156 |
| Accounts payable and accrued expenses | $28,985 |
| Grants payable | $5,069 |
| 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 | $34,054 |
Grants Awarded
Over the last fiscal year, Cliftondale Foundation Incorporated has awarded $3,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
REGINA WINSTON GA STATE UNIV GRAD S PURPOSE: CLIFTONDALE UMC SCHOLARSHIP | $1,000 |
JUSTICE CROSS PURPOSE: CLIFTONDALE UMC SCHOLARSHIP | $500 |
ALEXANDER DUKES GA SOUTHERN PURPOSE: CLIFTONDALE UMC SCHOLARSHIP | $500 |
AYELA MIVEDOR GA TECH UNIV PURPOSE: CLIFTONDALE UMC SCHOLARSHIP | $1,000 |