Skip to content
Nonprofiteer
← HENRY MIZE CHARITABLE FOUNDATION INC

Form 990 for tax year 2024

Filed by HENRY MIZE CHARITABLE FOUNDATION INC.

Totals

Total revenue
$468,968
Total expenses
$292,963
Contributions and grants received
$0
Grants paid
$164,215
Program service revenue
$0
Investment income
$468,968
Other revenue
$0
Total assets, end of year
$6,605,991
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,605,991
Program services expenses (Part IX)
$164,215
Management and general expenses
$128,748
Fundraising expenses
$0
Program service expenses (Part III)
$164,215

Program services were 56.1% 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 $159,841 · related or exempt $159,841

  • 7a · Gross sales of assets other than inventory

    securities $2,192,039

  • 7b · Less cost or other basis and sales expenses

    securities $1,882,912

  • 7c · Gain or loss

    securities $309,127

  • 7d · Net gain or loss

    total $309,127 · related or exempt $309,127

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $164,215 · program services $164,215

  • 11c · Fees: accounting

    total $2,724 · management and general $2,724

  • 24a · Other expenses: TRUSTEE FEES

    total $84,355 · management and general $84,355

  • 24b · Other expenses: ADMINISTRATIVE FEES

    total $37,300 · management and general $37,300

  • 24c · Other expenses: FOREIGN TAXES PAID

    total $2,169 · management and general $2,169

  • 24d · Other expenses: DIRECTOR FEES

    total $1,200 · management and general $1,200

  • 24e · All other expenses

    total $1,000 · management and general $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,396 · end of year $23,299

  • 2 · Savings and temporary cash investments

    beginning of year $137,385 · end of year $120,371

  • 9 · Prepaid expenses and deferred charges

    beginning of year $88,033

  • 11 · Investments: publicly traded securities

    beginning of year $6,006,459 · end of year $6,462,321

  • 24 · Unsecured notes and loans payable

    beginning of year $88,033

  • 27 · Net assets without donor restrictions

    beginning of year $6,145,240 · end of year $6,605,991

Mission and programs · 2024

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 $164,215 · Grants $164,215

As filed on the 2024 return.

Listed in Part VII

  • Mike Clayborne

    DIRECTOR

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Paul Mize III

    DIRECTOR

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Guy Mitchell

    DIRECTOR

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Bennett Mize

    DIRECTOR

    Total calculated
    $300
    From this org
    $300
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Paul E Mize Jr

    PRESIDENT

    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

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2025
IRS schema version
2024v5.0
Source object
202501339349303185

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.