Big Cypress Corvettes is located in Jefferson, TX. The organization was established in 2016. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Cypress Corvettes 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 12/2023, Big Cypress Corvettes generated $14.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLESSINGS OF GRACE - DONATION FOR FOOD PANTRY AND SUPPLIES
JEFFERSON FIRE DEPT - DONATION FOR FIRE EQUIPMENT AND SUPPLIES
COMBAT WARRIORS - DONATION FOR WOUNDED VETERANS PROGRAMS
LIONS CLUB - DONATION FOR COMMUNITY SERVICE PROGRAMS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,920 |
| 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 | $14,920 |
| 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 | $545 |
| Other expenses | $859 |
| Total operating and administrative expenses | $1,404 |
| Contributions, gifts, grants paid | $11,100 |
| Total expenses and disbursements | $12,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,595 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $10,595 |
| 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 |
Over the last fiscal year, Big Cypress Corvettes has awarded $11,100 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LIONS CLUB PURPOSE: DONATION FOR COMMUNITY EVENT | $1,100 |
COMBAT WARRIORS PURPOSE: SUPPORT OF VETERAN'S OF WAR HOUSING SUPPORT. | $1,500 |
WOMEN AT THE WELL OF ENCOURAGEMENT PURPOSE: SUPPORT FOR UNDERPRIVILEGED CHILDREN PROGRAMS | $1,300 |
BLESSING OF GRACE FOOD PANTRY PURPOSE: DONATIONS ASSIST ELDERLY FOOD SERVICE | $3,500 |
JEFFERSON FIRE DEPT PURPOSE: VOLUNTEER FIRE DEPARTMENT EQUIPMENT. | $2,000 |
JEFFERSON HISTORICAL SOCIETY MUSEUM PURPOSE: HISTORICAL CONTRIBUTION | $100 |