E D Farmer Foundation EIN 23-7424476 Form 990 (PDF) Claim this org

E D Farmer Foundation

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Helps elderly and sick people with needed support. For fiscal year 2024 it reported $207K in revenue, $111K in expenses, and $3.1M in net assets.Pt I

Founded
1978
Type
Supporting organization · Housing
Location
Dallas, TX
Filings
5 on file (2020–2024)
Revenue
$207KFY2024
Expenses
$111K
Net assets
$3.1M
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7424476 Supporting organization Dallas, TX Founded 1978
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps elderly and sick people with needed support.
Leadership
Money in and out
$207K revenue, $111K expenses
Bottom line
+47% net inflow
Money in and out · FY2024
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $97K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Net inflow
+47%
revenue over expenses, this year▼ -16% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
77%
of expenses reach stated programs▲ +14% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$207K
FY2024▲ +29%
Expenses
$111K
FY2024▲ +54%
Total assets
$3.1M
FY2024▲ +9%
Total liabilities
$61K
FY2024▲ +200%
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$3.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$97K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CE D Farmer Foundation
EINHdr · item D23-7424476
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1978
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L110)
Ruling yearIRS BMFJan 1975

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Controller
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $86K of program spending, described in the organization's own filed words · FY2024.
01

To provide assistance to the aged and infirmed and provide subsidies for health insurance for retired persons.

$86Kprogram expense

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Statement of Revenue

Part VIII
Investment income100%$207K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$86K
Management & general23%$25K
Total functional expensesLn 25$111K

Balance Sheet

Part X · end of year
CashLn 1$22K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$61K
Total net assetsLn 32$3.1M
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $22K · Operating expenses/yr $111K
2.4 months
Where the money goes
Program services
Program services $86K · Total expenses $111K
77%
Management & General
Management & general $25K · Total expenses $111K
23%
Fundraising
Fundraising $0 · Total expenses $111K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $207K
0%
Government reliance
Government grants — · Total revenue $207K
Earned-income share
Program service revenue $0 · Total revenue $207K
0%
Investment reliance
Investment income $207K · Total revenue $207K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $111K
0%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $160K
+29%
Revenue CAGR
FY2019 $40K · FY2024 $207K
+39%
Net-asset trend (YoY)
End of year $3.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $111K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $3.1M · Total assets $3.1M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bishop George R Sumner · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $111K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $111K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Revenue growth 29%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $416K · 2019–2024
Protestant Episcopal ChurchTX · FY2024$82,833
Protestant Episcopal ChurchTX · FY2023$48,958
Protestant Episcopal ChurchTX · FY2022$68,500
Protestant Episcopal ChurchTX · FY2021$46,853
Protestant Episcopal ChurchTX · FY2020$61,500
Saint Anne Episcopal ChurchTX · FY2020$15,000
St Paul's Episcopal ChurchFY2020$14,000
Iglesia De La Santa NatividadFY2020$9,000
Protestant Episcopal ChurchTX · FY2019$60,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$160K revenue · ⤓ 990 PDF
FY2023$88K revenue · ⤓ 990 PDF
FY2022$173K revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$40K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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