Peoples Foundation Inc
- Assets
- $181.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 02-0594216
Organization Overview
Peoples Foundation Inc is located in Silver Spring, MD. The organization was established in 2004. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peoples Foundation Inc generated $18.1k in total revenue. All expenses for the organization totaled $14.9k during the year ending 12/2021. While expenses have increased by 64.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO SUPPORT SPECIAL PROJECTS AND EXPANSION OF THE PEOPLE'S COMMMUNITY BAPTIST CHURCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Dickerson Trustee Chair | 0 | $0 | |
Tommie Bannister Trustee | 0 | $0 | |
Lorna Forde Trustee | 0 | $0 | |
Karen Holmes Trustee | 0 | $0 | |
Danny Bell Trustee | 0 | $0 | |
Willie Coleman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,060 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $76 |
| Total Revenue | $18,136 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,559 |
| Total expenses | $14,859 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,144 |
| Other assets | $0 |
| Total assets | $181,144 |
| Total liabilities | $0 |
| Net assets or fund balances | $181,144 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peoples Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
John E Fetzer Institute Inc Kalamazoo, MI PURPOSE: IN SUPPORT OF THE AMODAOS INITIATIVE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Catholic Foundation Of Greater Philadelphia Philadelphia, PA | $44,939,432 | $23,307,616 |
American Baptist Foundation East Norriton, PA | $193,005,859 | $25,268,594 |
Cecil D Hylton Memorial Chapel Woodbridge, VA | $12,878,784 | $1,107,990 |
Aloysius J & Eugene F Franz Foundation For The Congregation Of Philadelphia, PA | $37,003,968 | $4,802,225 |
Love Of Jesus Inc Richmond, VA | $78,913 | $756,026 |
Cathedral Of The Sacred Heart Foundation Richmond, VA | $1,493,251 | $566,622 |
Strategic Resources International Inc Camp Hill, PA | $28,048 | $674,574 |
Camp St Charles Inc Issue, MD | $696,980 | $720,122 |
Harvest Bridge Grove City, PA | $237,352 | $692,612 |
Lutherlyn Properties Prospect, PA | $243,800 | $701,763 |
Virginia Baptist Childrens Home & Family Services Foundation Salem, VA | $12,915,726 | $2,531,560 |
Acc Foundation Washington, DC | $169,352 | $568,950 |