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WELBORN-PAYNE ENDOWMENT TRUST C/O PROSPERITY BANK TRUSTEE
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WELBORN-PAYNE ENDOWMENT TRUST C/O PROSPERITY BANK TRUSTEE
LUBBOCK, TX, US
•
501(c)(3)
•
EIN
75-6435671
•
Private Foundation
Regional Funder
WELBORN-PAYNE ENDOWMENT TRUST C/O PROSPERITY BANK TRUSTEE
Sign up to claim this org
LUBBOCK, TX, US
•
501(c)(3)
•
EIN
75-6435671
•
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$39,161,277
Contributions
87%
Other
10%
Investments
3%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$2,264,826
Grants
81%
Salaries & Benefits
8%
Other
8%
Depreciation
3%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$71,435
$33,934,993
+47405%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$802,180
$1,300,379
+62%
Other
$1,375,728
$3,925,905
+185%
Total Revenues
$2,249,343
$39,161,277
+1641%
Expenses
2023
2024
Change
Grants
$1,521,737
$1,831,020
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$122,799
$185,554
+51%
Fees to Service Providers
$5,734
$5,500
-4%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,026
$2,019
+97%
Interest
$2,556
$0
-100%
Depreciation
$71,682
$61,153
-15%
Other
$226,260
$179,580
-21%
Total Expenses
$1,951,794
$2,264,826
+16%
Net income
2023
2024
Change
Net income
+$297,549
+$36,896,451
+12300%
Income Statement