Frankie Mae Foundation is located in Huntersville, NC. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frankie Mae 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 06/2024, Frankie Mae Foundation generated $139.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $148.2k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
WE ARE A FOUNDATION THAT HELPS THE CAREGIVER AND THEIR LOVED ONE'S FINANCIALLY, MENTALLY, AND EMOTIONALLY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Venitra White-Dean President | 0 | $0 | |
Ardise White Black Director | 0 | $0 | |
Tara Chance Secretary | 0 | $0 | |
Beth Hardin Director | 0 | $0 | |
Henrico D White Chairman | 0 | $0 | |
Brian Rann Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,779 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,779 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,114 |
| Professional fees and other payments to independent contractors | $26,003 |
| Occupancy, rent, utilities, and maintenance | $11,616 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,496 |
| Total expenses | $148,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,512 |
| Other assets | $0 |
| Total assets | $21,012 |
| Total liabilities | $849 |
| Net assets or fund balances | $20,163 |