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Nonprofiteer
← THE PASLAY FOUNDATION

Form 990 for tax year 2022

Filed by THE PASLAY FOUNDATION.

Totals

Total revenue
$253,086
Total expenses
$200,427
Contributions and grants received
$309,394
Grants paid
$200,000
Program service revenue
$0
Investment income
$0
Other revenue
-$56,308
Total assets, end of year
$52,659
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$52,659
Program services expenses (Part IX)
$200,000
Management and general expenses
$427
Fundraising expenses
$0
Program service expenses (Part III)
$200,000

Program services were 99.8% 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

    $284,671

  • 1f · All other contributions, gifts and grants

    $24,723

  • 1g · Noncash contributions included above

    $22,300

  • 8a · Fundraising events: gross income

    $15,000

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

    $284,671

  • 8b · Fundraising events: direct expenses

    $71,308

  • 8c · Net income from fundraising events

    total -$56,308 · excluded -$56,308

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,000 · program services $200,000

  • 13 · Office expenses

    total $427 · management and general $427

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $52,659

  • 27 · Net assets without donor restrictions

    end of year $52,659

Mission and programs · 2022

Mission

THE FOUNDATION EXISTS TO SUPPORT STUDENTS WHO MAY NEED ADDITIONAL SUPPORTS TO THRIVE IN OR BEYOND A TRADITIONAL LEARNING STRUCTURE IN FORT WORTH AND THROUGHOUT TARRANT COUNTY. WHETHER THE STUDENTS MIGHT HAVE A DEVELOPMENTAL DISABILITY OR A LEARNING DISABILITY, THE FOUNDATION HOPES TO CREATE A LEARNING STRUCTURE THAT WORKS WITH THE STUDENT.

  • THE FOUNDATION EXISTS TO SUPPORT STUDENTS WHO MAY NEED ADDITIONAL SUPPORTS TO THRIVE IN OR BEYOND A TRADITIONAL LEARNING STRUCTURE IN FORT WORTH AND THROUGHOUT TARRANT COUNTY. WHETHER THE STUDENTS MIGHT HAVE A DEVELOPMENTAL DISABILITY OR A LEARNING DISABILITY, THE FOUNDATION HOPES TO CREATE A LEARNING STRUCTURE THAT WORKS WITH THE STUDENT.

    Expenses $200,000 · Grants $200,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marcus Paslay

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Emily Paslay

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Clay Paslay

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25

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
2022
Filed
17 August 2023
IRS schema version
2022v5.0
Source object
202342349349300814

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

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