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Ladies Into Purchasing Stock Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760391154 ✦ Tomball, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ladies Into Purchasing Stock Inc?

Ladies Into Purchasing Stock Inc is a nonprofit organization based in Tomball, Texas, specifically at 19119 W Sawtooth Canyon Drive, 77377. Its primary mission is to raise funds for educational programs and scholarships for Texas youth. Throughout the fiscal year ending on June 30, 2023, the organization hosted various fundraising events, accumulating a total of $171,429. Six of these events managed to surpass the $5,000 mark. The organization's direct fundraising expenses amounted to $33,315 during this period. Besides these activities, they granted $148,732 to the Houston Livestock Show & Rodeo, a fellow 501(c)(3) organization, for their various youth-focused programs.


Official website here: www.texaslips.com

Is Ladies Into Purchasing Stock Inc legitimate?

Ladies Into Purchasing Stock Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ladies Into Purchasing Stock Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.texaslips.com

What is the mission statement of Ladies Into Purchasing Stock Inc?

Ladies Into Purchasing Stock Inc has a mission to raise funds for scholarships and various educational programs, specifically benefiting youth in Texas. Through organizing fundraising events, the organization aims to provide financial support to these initiatives. During the fiscal year ending on June 30, 2023, they successfully raised a significant amount, with several events surpassing the 5,000 mark. A portion of these funds were granted to the Houston Livestock Show & Rodeo, another 501(c)(3) organization, to support their youth-focused programs. By raising funds, Ladies Into Purchasing Stock Inc aims to contribute to the education and future prospects of young people in Texas.


Official website here: www.texaslips.com

Who is the CEO of Ladies Into Purchasing Stock Inc?

Sharron Grammer is the Treasurer of Ladies Into Purchasing Stock Inc.


Official website here: www.texaslips.com

What is the revenue of Ladies Into Purchasing Stock Inc?

Ladies Into Purchasing Stock Inc's revenue in 2023 was $180,979.


Official website here: www.texaslips.com

Who are the executives of Ladies Into Purchasing Stock Inc and what are their salaries?


Here are 3 key members and their salaries:


Sharron Grammer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Terry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.texaslips.com

Where can I find the form 990 for Ladies Into Purchasing Stock Inc?

Ladies Into Purchasing Stock Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.texaslips.com

Learn more at the official website: www.texaslips.com

Mission Statement of Ladies Into Purchasing Stock Inc

Ladies Into Purchasing Stock Inc, a nonprofit organization, is dedicated to raising funds for scholarships and various educational programs aimed at benefiting Texas youth. Through a series of fundraising events, the organization manages to collect substantial contributions, with six events alone raising over 5,000 each during the fiscal year ending on June 30, 2023. The organization's direct fundraising expenses amount to 33,315, demonstrating their commitment to ensuring the majority of donations go towards supporting their cause. Besides fundraising, Ladies Into Purchasing Stock Inc also distributes program service grants. During the fiscal year, they granted 148,732 to the Houston Livestock Show & Rodeo, a fellow 501(C)(3) organization, for their initiatives benefiting Texas youth. The Houston Livestock Show & Rodeo shares the organization's mission to support the education and development of young Texans.

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Impact




October, 2024

Ladies Into Purchasing Stock Inc has made a significant impact on Texas youth through its focused efforts on fundraising for scholarships and educational programs. In the fiscal year ending June 30, 2023, the organization successfully raised a total of $171,429 through a variety of fundraising events, with six of these events yielding over $5,000 each. This financial support directly translates to valuable educational opportunities for young people in Texas.

By allocating $148,732 in program service grants to the Houston Livestock Show & Rodeo, the organization supports various initiatives aimed at enriching the lives of Texas youth. These contributions enhance educational resources, ensuring that more young individuals have access to essential learning experiences and opportunities for growth. The impact of Ladies Into Purchasing Stock Inc extends beyond immediate financial assistance; it fosters youth development through education, setting the stage for brighter futures.




This information is meant to be a general summary of Ladies Into Purchasing Stock Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$180,979 (2023)
Expenses
$152,244 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $475
  • Program Service Revenue: $12,975
  • Gross Receipts: $214,294

Assets and Liabilities:

  • Total Assets: $105,801
  • Total Liabilities: $0
  • Net Assets: $105,801

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$12,975

Organization Details

Founding Year

1993

Principal Officer

Sharron Grammer

Main Address

19119 W SAWTOOTH CANYON DRIVE, TOMBALL, TX, 77377

NTEE Category

Code: O125 - Youth development

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