Silver Tree Foundation Inc
- Assets
- $9.7k
- Revenue
- $80.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- Data as of
- 12/2022
- EIN
- 85-3734562
Organization Overview
Silver Tree Foundation Inc is located in Raleigh, NC. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Tree 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SILVER TREE FOUNDATION EMPOWERS YOUTH WHO ARE UNDERSERVED BY EQUIPPING THEM WITH JOB-RELATED SKILLS AND EXPANDING THEIR HORIZONS THROUGH NEW TRAINING OPPORTUNITIES. IT IS OUR DESIRE TO SPARK A REVIVAL THAT ALLOWS EACH LIFE TOUCHED TO NOT ONLY DREAM, BUT ATTAIN A BRILLIANT FUTURE - IN THEIR LIVES, COMMUNITY AND THE WORLD.
TO MAKE CHARITABLE DONATIONS WHERE NEEDED.
TO MAKE CHARITABLE CONTRIBUTIONS AS NEEDED
TO MAKE CHARITABLE CONTRIBUTIONS AS NEEDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard C Ricks President | 0 | $0 | |
Janice S Ricks Director | 0 | $0 | |
Melissa Ricks Secretary | 0 | $0 | |
Todd D Cullen Director | 0 | $0 | |
Anthony Doye Vp/treasurer | 0 | $0 | |
Lauren Holt Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,480 |
| Interest on Savings | $2 |
| 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 | $80,482 |
| 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 | $744 |
| Total operating and administrative expenses | $744 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $70,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,740 |
| 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 | $9,740 |
| 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, Silver Tree Foundation Inc has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE UNIVERSITY PURPOSE: CODE OF LIFE PROGRAM | $40,000 |
JUMA VENTURES PURPOSE: YOUTH SERVICES | $30,000 |