John Lockhart Foundation Inc
- Assets
- $50.8k
- Revenue
- $81.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Buda, TX
- Founding
- Data as of
- 12/2022
- EIN
- 86-1762891
Organization Overview
John Lockhart Foundation Inc is located in Buda, TX. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Lockhart 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, John Lockhart Foundation Inc generated $81.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $44.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTIONS ARE ADMINISTERED TO RECIPIENT ORGANIZATIONS WITH A DEMONSTRATED EMPHASIS ON SUPPORTING ABUSED AND UNDERPRIVILEGED CHILDREN AS WELL AS HEALTH AND ILLNESS RESEARCH.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT, THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collins Johnson President | 1 | $0 | |
Laurie Lockhart West Vice Preside | 1 | $0 | |
Christi Tennison Secretary | 0 | $0 | |
Brian May Treasurer | 1 | $0 | |
Jason Lewis Director | 0 | $0 | |
Clark Wheatley Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,775 |
| 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 | -$5,216 |
| Other Income | $69,608 |
| Total Revenue | $81,167 |
| 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 | $1,326 |
| Printing and publications | $89 |
| Other expenses | $36,950 |
| Total operating and administrative expenses | $44,115 |
| Contributions, gifts, grants paid | $300 |
| Total expenses and disbursements | $44,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,761 |
| 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 | $50,761 |
| 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, John Lockhart Foundation Inc has awarded $19,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CENTER FOR CHILD PROTECTION PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $17,000 |
GATEWAY CHURCH PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE ORGANIZATION. | $2,000 |