White Rock Fund in Garland, Texas (TX)

Table of contents:

Organization representatives - add corrected or new information about White Rock Fund »

Non-representatives - add comments about White Rock Fund»

White Rock Fund
Employer Identification Number (EIN)752813850
Name of OrganizationWhite Rock Fund
In Care of NameDavid Tarbet
Address6330 Broadway Blvd Ste B, Garland, TX 75043-5956
SubsectionCharitable Organization
Ruling Date08/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,263,466
Amount of Income$307,050
Form 990 Revenue Amount$103,516
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Single Organization Support


Non-representatives - add comments:


CAPTCHA

Your IP address 54.81.109.37 will be logged.

Amount of income in 2011: $307,050
White Rock Fund: 

 $307,050
Other organizations performing similar types of work: 

 $142,458

Assets in 2011: $1,263,466
This organization: 

 $1,263,466
Other organizations performing similar types of work: 

 $450,031

Expenses in 2007: $141,938
This organization: 

 $141,938
Other organizations performing similar types of work: 

 $2,123,950

Income to expenses ratio in 2007: 1.4
White Rock Fund: 

 1.4
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 87.8%
White Rock Fund: 

 87.8%
Other organizations performing similar types of work: 

 86.9%

Grants share in income in 2007: 81.9%
This organization: 

 81.9%
Other organizations performing similar types of work: 

 30.7%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$198,510$194,364
Contributions, gifts, grants, and similar amounts received$181,710$159,251
Contributions to donor advised funds$0$0
Direct public support$181,710$159,251
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$47$66
Dividends and interest from securities$15,280$17,816
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$15,523
Gross amount from sales of assets other than inventory$0$74,112
Less: cost or other basis and sales expenses$0$58,589
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$1,473$1,708
Total expenses$121,303$141,938
Program services$92,345$124,683
Management and general$12,322$17,255
Fundraising$16,636$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$1,005,433$1,127,487
Excess or (deficit) for the year$77,207$52,426
Net assets or fund balances at beginning of year$777,513$1,005,433
Other changes in net assets or fund balances$150,713$69,628
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$141,938$124,683$17,255$0
Grants paid from donor advised funds$0
Other grants and allocations$109,781
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$4,500$0$4,500$0
Legal fees$2,709$0$2,709$0
Supplies$758$758$0$0
Telephone$162$0$162$0
Postage and shipping$1,207$1,079$128$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$2,112$2,112$0$0
Conferences, conventions, and meetings$2,778$2,778$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$17,931$8,175$9,756$0
Balance Sheets
20062007
Total assets$1,005,433$1,127,487
Cash - non-interest-bearing$7,370$23,643
Savings and temporary cash investments$35,854$33,617
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$549$1,500
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities$953,288$978,322
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$8,372$9,830
Land, buildings, and equipment less accumulated depreciation$0$72,845
Other assets, including program-related investments$0$7,730
Total liabilities$0$0
Accounts payable and accrued expenses$0$0
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$0$0
Other liabilities$0$0
Total liabilities and net assets/fund balances$1,005,433$1,127,487
Total net assets or fund balances$1,005,433$1,127,487
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$349,224$194,364
Total revenue, gains, and other support per audited financial statements$349,224$263,892
Other expenses$0$69,528
Net unrealized gains on investments$0$69,528
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$121,304$172,835
Total expenses and losses per audited financial statements$121,304$172,835
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings5
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$17,882$1,708
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$66$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$17,816$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$1,708
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
20052006
Total$0$198,510
Gifts, grants, and contributions received$0$181,710
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$15,327
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$1,473
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$103,516
Contributions, Gifts, Grants and Other Similar Amounts$168,275
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$25,852
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-16,747
Gross amount from sales of assets other than inventory (Securities / Other)$186,787 / $0
Less: cost or other basis and sales expenses (Securities / Other)$203,534 / $0
Gain or (loss) (Securities / Other)$-16,747 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$-73,864
Statement of Functional Expenses (for 2011)
Total functional expenses$204,057
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$204,057
Balance Sheet (for 2011)
Total assets$1,263,466
Total liabilities$0
Total net assets or fund balances$1,263,466
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$939,982
Gifts, grants, contributions, and membership fees received$840,758
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$99,224
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend White Rock Fund to others? (optional)
  
Add photo of White Rock Fund (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Write-Way Prison Ministries Inc in Garland, TX
*****
Beeville Concert Association Inc in Beeville, TX
*****
Tsalagiyi Nvdagi Inc in Troup, TX
*****
Texas Masonic Charities Foundation in Marble Falls, TX
Franklin County Historical Association in Mount Vernon, TX
****
Crossroads Unwinding in Dallas, TX
Good Shepherd Baptist Church Of Conroe Texas in Conroe, TX
Mclennan County Pack Of Hope, Pack Of Hope in Waco, TX
*****
Austin Harmony Project in Austin, TX
*****
Children Always Need Answers & Alternatives Network, C A N A A N Inc in Houston, TX
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Skoll Fund2440 W El Camino Real Ste 300, Mountain View, CA 94040-1498CA2000-04$430,003,946
2The Fuller FoundationSuite 250, Pasadena, CA 91101CA2001-10$365,209,257
3Community Foundation Of Northwest Indiana Inc901 Macarthur Blvd, Munster, IN 46321-2901IN1985-07$340,302,285
4Kirkpatrick Family Affiliated Fund Ok City Community Foundation IncPO BOX 1146, Oklahoma City, OK 73101-1146OK1990-07$149,896,649
5Ohio Masonic Home Benevolent Endowment Foundation IncPO BOX 120, Springfield, OH 45501-0120OH1996-09$59,130,505
6A J Fletcher Foundation220 Fayetteville Street, Raleigh, NC 27601-1358NC1975-01$57,597,867
7Barberton Community Foundation460 W Paige Ave, Barberton, OH 44203-2564OH1997-06$47,911,061
8Hollingsworth Funds Inc124 Verdae Blvd Ste 104, Greenville, SC 29607-3840SC1994-12$45,124,298
9Abbott Northwestern Hospital FoundationPO BOX 43, Minneapolis, MN 55440-0043MN2002-10$39,656,846
10White Rock Fund6330 Broadway Blvd Ste B, Garland, TX 75043-5956TX1999-08$307,050
11Chinquapin School Endowment Inc2615 E Wallisville Rd, Highlands, TX 77562-3152TX1995-12$10,167,488
12Jewish Community Foundation Of El Paso5740 N Mesa St, El Paso, TX 79912-5427TX2003-05$1,486,553
13Candlelighters Donation Center8409 Lockheed, El Paso, TX 79925-1223TX2001-03$783,839
14Bethlehem Bible Co Inc158 Roadrunner Ave, New Braunfels, TX 78130-3376TX2008-04$641,791
15Judy Leftwich Calder Charitable TrustPO BOX 271, Lubbock, TX 79408-0271TX2007-09$455,768
16Aggieland Catholic Foundation Inc603 Church Ave, College Sta, TX 77840-1360TX2002-04$297,015
17Mabel & Leo Scott Charitable Tr, Gnb Financial Na TteePO BOX 33349, Fort Worth, TX 76162-3349TX2006-04$270,521
18Friends Of Uvalde Memorial Hospital Hospice Services124 S Getty St, Uvalde, TX 78801-5500TX1999-03$183,321
19Dallas Casa Endowment Fund2815 Gaston Ave, Dallas, TX 75226-1306TX2001-02$178,967
20Greater La Vernia Parks FoundationPO BOX 67, La Vernia, TX 78121-0067TX2004-02$172,503
Number of organizations performing similar types of work
Alaska1
Alabama13
Arkansas8
Arizona21
California133
Colorado12
Connecticut8
District of Columbia13
Delaware4
Florida47
Georgia26
Hawaii5
Iowa23
Idaho8
Illinois53
Indiana25
Kansas16
Kentucky13
Louisiana8
Massachusetts42
Maryland28
Maine7
Michigan30
Minnesota16
Missouri14
Mississippi9
Montana7
North Carolina45
North Dakota5
Nebraska11
New Hampshire5
New Jersey35
New Mexico8
Nevada10
New York68
Ohio46
Oklahoma17
Oregon21
Pennsylvania71
Rhode Island9
South Carolina14
South Dakota3
Tennessee20
Texas68
Utah7
Virginia35
Vermont1
Washington33
Wisconsin28
West Virginia4
Wyoming2
International3
Total1,159

faqs.org is not associated with, endorsed by, or sponsored by White Rock Fund and has no official or unofficial affiliation with White Rock Fund