Seek First Foundation
- Assets
- $635.6k
- Revenue
- $160.1k
- Investments
- $338.9k
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 02/2010
- Data as of
- 12/2022
- EIN
- 94-3458996
Organization Overview
Seek First Foundation is located in Fort Worth, TX. The organization was established in 2010. According to its NTEE Classification (B21) the organization is classified as: Preschools, 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. Seek First 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 12/2022, Seek First Foundation generated $160.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $131.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Seek First Foundation has awarded 35 individual grants totaling $1,496,495. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $147,600 |
| Interest on Savings | $3,180 |
| Dividends & Interest | $9,278 |
| 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 | $160,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,782 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,132 |
| Contributions, gifts, grants paid | $129,400 |
| Total expenses and disbursements | $131,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,458 |
| Savings and temporary cash investments | $226,210 |
| 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 | $635,560 |
| 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, Seek First Foundation has awarded $129,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY 4 PURPOSE: OPERATING FUNDS | $10,000 |
STUDENT MOBILIZATION PURPOSE: SCHOLARSHIP | $400 |
KEY CENTER FOR LEARNING DIFFERENCES PURPOSE: OPERATING FUND | $55,000 |
ST PAUL LUTHERAN CHURCH PURPOSE: OPERATING FUNDS | $49,000 |
TEXAS WESLEYAN UNIVERSITY PURPOSE: $10,000 TO FOOTBALL FUND, $5,000 TO THE FOOTBALL RESTRICTED PREMIUM | $15,000 |