Form 990 for tax year 2022
Filed by HENRY MIZE CHARITABLE FOUNDATION INC.
Totals
- Total revenue
- $97,140
- Total expenses
- $307,690
- Contributions and grants received
- $0
- Grants paid
- $192,394
- Program service revenue
- $0
- Investment income
- $97,140
- Other revenue
- $0
- Total assets, end of year
- $5,668,918
- Total liabilities, end of year
- $314,872
- Net assets or fund balances, end of year
- $5,354,046
- Program services expenses (Part IX)
- $192,394
- Management and general expenses
- $115,296
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $192,394
Program services were 62.5% 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.
-
3 · Investment income
total $119,731 · related or exempt $119,731
-
7a · Gross sales of assets other than inventory
securities $1,226,826 · other assets $1,740
-
7b · Less cost or other basis and sales expenses
securities $1,251,157
-
7c · Gain or loss
securities -$24,331 · other assets $1,740
-
7d · Net gain or loss
total -$22,591 · related or exempt -$22,591
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $192,394 · program services $192,394
-
11c · Fees: accounting
total $1,450 · management and general $1,450
-
24a · Other expenses: TRUSTEE FEES
total $78,444 · management and general $78,444
-
24b · Other expenses: ADMINISTRATIVE FEES
total $32,732 · management and general $32,732
-
24c · Other expenses: FOREIGN TAXES PAID
total $1,670 · management and general $1,670
-
24d · Other expenses: DUES
total $1,000 · management and general $1,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $900 · end of year $405
-
2 · Savings and temporary cash investments
beginning of year $149,812 · end of year $103,727
-
9 · Prepaid expenses and deferred charges
beginning of year $467,669 · end of year $276,374
-
11 · Investments: publicly traded securities
beginning of year $6,641,233 · end of year $5,288,412
-
24 · Unsecured notes and loans payable
beginning of year $467,669 · end of year $276,374
-
25 · Other liabilities
end of year $38,498
-
27 · Net assets without donor restrictions
beginning of year $6,791,945 · end of year $5,354,046
Mission and programs · 2022
Mission
ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES.
-
OPERATED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE FUNCTIONS OR PURPOSES OF CREATE FOUNDATION, INC.
Expenses $192,394 · Grants $192,394
As filed on the 2022 return.
Listed in Part VII
-
MIKE CLAYBORNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
PAUL MIZE III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
PAUL E MIZE JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
GUY MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
BENNETT MIZE
DIRECTOR
- 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
-
$192,394
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311319349303196
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