Summit-Kelly Foundation Inc
- Assets
- $723.0k
- Revenue
- $246.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- Data as of
- 12/2022
- EIN
- 84-3920024
Organization Overview
Summit-Kelly Foundation Inc is located in Birmingham, AL. 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. Summit-Kelly Foundation Inc 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 12/2022, Summit-Kelly Foundation Inc generated $246.0 in total revenue.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Marie Parmer President | 1 | $0 | |
Carl Parmer Treasurer | 1 | $0 | |
Russell L Irby III Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $246 |
| 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 | $246 |
| 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 | $33 |
| Total operating and administrative expenses | $33 |
| Contributions, gifts, grants paid | $134,000 |
| Total expenses and disbursements | $134,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $722,975 |
| 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 | $722,975 |
| 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 |
Grants Awarded
Over the last fiscal year, Summit-Kelly Foundation Inc has awarded $84,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CRIMSON TIDE FOUNDATION PURPOSE: TO AID IN EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
UNIVERSITY OF ALABAMA PURPOSE: SCHOLARSHIP | $34,000 |