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Nonprofiteer
← CROCKETT FOUNDATION INC

Form 990 for tax year 2022

Filed by CROCKETT FOUNDATION INC.

Totals

Total revenue
$2,011,469
Total expenses
$2,063,327
Contributions and grants received
$2,011,469
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,043,500
Total liabilities, end of year
$606,310
Net assets or fund balances, end of year
$437,190
Program services expenses (Part IX)
$1,047,300
Management and general expenses
$884,093
Fundraising expenses
$131,934
Program service expenses (Part III)
$1,047,300

Program services were 50.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $472,158

  • 1e · Government grants (contributions)

    $1,064,194

  • 1f · All other contributions, gifts and grants

    $475,117

  • 8a · Fundraising events: contributions included on line 1c

    $472,158

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $25,000 · program services $0 · management and general $25,000 · fundraising $0

  • 7 · Other salaries and wages

    total $1,093,464 · program services $737,623 · management and general $355,841 · fundraising $0

  • 11b · Fees: legal

    total $65,662 · program services $0 · management and general $65,662 · fundraising $0

  • 12 · Advertising and promotion

    total $46,940 · program services $135 · management and general $46,805 · fundraising $0

  • 13 · Office expenses

    total $8,505 · program services $4,422 · management and general $4,083 · fundraising $0

  • 16 · Occupancy

    total $108,406 · program services $69,641 · management and general $38,765 · fundraising $0

  • 17 · Travel

    total $9,610 · program services $0 · management and general $9,610 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $13,423 · program services $0 · management and general $13,423 · fundraising $0

  • 20 · Interest

    total $787 · program services $0 · management and general $787 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $23,710 · program services $0 · management and general $23,710 · fundraising $0

  • 23 · Insurance

    total $105,364 · program services $0 · management and general $105,364 · fundraising $0

  • 24a · Other expenses: LICENSES AND PERMITS

    total $429 · program services $0 · management and general $429 · fundraising $0

  • 24b · Other expenses: MEALS

    total $32,807 · program services $0 · management and general $32,807 · fundraising $0

  • 24c · Other expenses: BANK CHARGES AND MERCHANT FEES

    total $10,454 · program services $0 · management and general $10,454 · fundraising $0

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $47,570 · program services $0 · management and general $47,570 · fundraising $0

  • 24e · All other expenses

    total $471,196 · program services $235,479 · management and general $103,783 · fundraising $131,934

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $636,915 · end of year $610,925

  • 3 · Pledges and grants receivable

    beginning of year $80,622 · end of year $89,791

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,674 · end of year $8,648

  • 10a · Land, buildings and equipment: cost or other basis

    $156,028

  • 10b · Land, buildings and equipment: accumulated depreciation

    $37,295

  • 10c · Land, buildings and equipment, net

    beginning of year $54,517 · end of year $118,733

  • 15 · Other assets

    beginning of year $225,053 · end of year $215,403

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,776 · end of year $78,299

  • 23 · Secured mortgages and notes payable

    beginning of year $511,957 · end of year $528,011

  • 27 · Net assets without donor restrictions

    beginning of year $489,048 · end of year $437,190

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

TO INSPIRE AND EMPOWER YOUTH BY PROMOTING LITERACY, HEALTH, AND THE STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH)CONCEPT WHILE PROVIDING YOUTH WITH EDUCATIONAL OPPORTUNITIES

  • EDUCATIONAL AND COMMUNITY PROGRAMS ARE A COLLABORATION BETWEEN MARGATE MIDDLE SCHOOL AND THE FOUNDATION. THE PROGRAMS ARE PROVEN TO INCREASE HIGH SCHOOL GRADUATION BY 90%. THE GOAL IS TO IMPROVE READING AND INCREASE FSA TEST SCORES. THE PROGRAM RANGES FROM 6TH TO 8TH GRADERS THAT ALL PERFORM ON DIFFERENT LEVELS. THE USE OF COMMON CORE ASSESSMENT WORKBOOKS FOR EACH STUDENT IS ESSENTIAL IN COMPLETION OF THE PROGRAMS.

    Expenses $1,047,300 · Revenue $2,011,469

  • IHEALTH AND HEALTH FESTIVAL IS A COMMUNITY OUTREACH PROGRAM TO PROVIDE FREE MEDICAL EXAMS, IMMUNIZATIONS, AND TO PROMOTE OVERALL HEALTH AWARENESS THROUGHOUT THE COMMUNITY.

  • SIPS AND SAKES IS A COMMUNITY GATHERING OF SIGNIFICANT COMMUNITY RESPRESENTATIVES AND MEMBERS TO BRING AWARENESS TO THE FOUNDATION AND TO RAISE MONEY TO SUPPORT THE STUDENTS AND YOUTH INVOLVED WITH MANY OF THE FOUDNATION'S ANNUAL PROGRAMS.

As filed on the 2022 return.

Listed in Part VII

  • Henri Crockett

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40

  • Zachary Crockett

    VICE PRESIDENT

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Kevin Prophete

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Staci Cross

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Benjamin J Biard

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Michele Stocker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Eric Munoz

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Wayne Messam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Marc Spoto

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Antonio Coley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Toshi Dezaki

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
23 June 2023
IRS schema version
2022v5.0
Source object
202302559349302050

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