The Comforter Foundation
- Assets
- $3.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-2007101
Organization Overview
The Comforter Foundation is located in Memphis, TN. The organization was established in 2019. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comforter 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 12/2023, Comforter Foundation generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $7.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
OUR GOALS AND OBJECTIVES ARE TO PROVIDE SERVICES THAT WILL HELP THE FAMILIES WITHIN THE MEMPHIS, TN AREA WITH BURIAL AND FUNERAL EXPENSES THAT ARE FINANCIALLY INCAPACITATED. THE TIME FRAME TO CONDUCT FUNERALS IS ONE WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Webb President | 40 | $0 | |
Porsha Reid Vice President | 20 | $0 | |
Michael Webb Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,380 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,743 |
| Other Revenue | $0 |
| Total Revenue | $7,123 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $260 |
| Other expenses | $6,879 |
| Total expenses | $7,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,680 |
| Other assets | $0 |
| Total assets | $3,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,537 |